India is the world’s fifth-largest economy and third-largest emitter of carbon. Its pledge to achieve net zero emission by 2070 will contribute substantially to global efforts in limiting global warming. Some of India’s foremost financial institutions risk being left behind in the transition from fossil fuels, and if current patterns of lending continue, India could be […]

With climate change actively forcing us to rethink the way we conduct business, many companies have responded by announcing net-zero or carbon-neutral commitments by pledging to reduce greenhouse gas emissions and investing in climate action. With a rapidly growing demand for climate action amongst consumers, adopting Environmental, Social and Governance (ESG) measures are now more […]

The Business Responsibility and Sustainability Report (BRSR) introduced by SEBI in May, 2021 has made it mandatory for the top 1000 listed companies, as per market capitalisation, to disclose ESG-related information starting FY 22-23. This reporting is based on the 9 principles outlined in the ‘National Guidelines on Responsible Conduct’ published by the Ministry of […]

While ESG practices have steadily increased globally in the past decade, there has also been increasing concerns about greenwashing whereby inaccurate or exaggerated climate friendly claims have been made by companies. India has recently embarked on its ESG reporting journey with SEBI’s Business Responsibility Sustainabiltiy Report, mandatory for top-1000 listed Indian entities by market capitalization. There are no […]