18th October 2021 News

Tech Companies trumpet ESG orientation

As part of their goal to attract consumers and promote sustainable growth, IT businesses are focusing on environmental, social, and governance (ESG)-oriented technologies. Fujitsu, a Japanese IT company, stated that through supporting technology in the ESG area, it can make society more sustainable. Fujitsu’s strategy and management are based on the United Nations’ Sustainable Development Goals, according to him. Fujitsu Uvance, a provider of sustainable solutions utilising technology with a focus on sustainable manufacturing, healthy consumer living, societal trust, the digital transition, business applications, and hybrid IT systems, was created to follow the ESG trend.Read more

ESG Stocks Are On A Run-Up And Have Even Performed Better Than Benchmark: Know These Stocks

Key companies’ that can be called as the ESG stocks are Infosys, Tech Mahindra, Mindtree, Wipro, L&T Infotech. These are all from the IT space. The next sector on the list commanding the highest score is the financial space. Among financial institutions, Kotak Mahindra Bank had the highest ESG score, followed by HDFC Bank, IndusInd Bank, Axis Bank and ICICI Bank. Other integral PSU companies with the top score include SBI, Canara Bank and REC.Read more

ESG Investing: Relook ESG measuring for a more balanced approach

ESG owes its origins to then UN Secretary General Kofi Annan’s letter in 2004 wherein he had written to over 50 heads of large global financial institutions with the aim of exploring ways to integrate ESG into capital markets. In 2005, a report aptly titled “Who Cares Wins”, built the foundations for ensuring ESG is embedded into capital markets along with the UNEP/FI’s Freshfield Report. This laid the ground for the Principles for Responsible Investment at the NYSE in 2006, and, today, close to $3 trillion have been invested in funds with ESG focus. Initiatives such as the United Nations Principles for Responsible Investment, Paris Agreement are steps in this direction.Read more

How do I tell if this ESG fund is legit or is just greenwashing?

How can I know whether this ESG fund is genuine or if it is simply greenwashing? Sustainable investment is popular, and Wall Street wants a piece of the action. Roll up your sleeves, since ESG investing, more than any other, necessitates an understanding of what you want, what you’re prepared to spend, and what the fund will offer. Here are eight things to consider when determining if an ESG fund is legitimate or just greenwashing.Read more

ESG Team
the authorESG Team