Why an ESG-conscious investing ecosystem is very crucial of India
Sebi introduced guidelines in its recent Master Circular for ESG rating providers most notable proposition is the inclusion of a Parivartan score, rewarding progress alongside absolute status in ESG ratings. Read more
Anti-ESG funds are struggling to win over investors despite political backlash
According to data from Morningstar Direct, Anti-ESG Funds which deliberately invest in the kind of ‘sinful’ stocks such as tobacco companies, arms firms and oil giants – haemorrhaged $218.7m in the second quarter, , up 53% from the three months to the end of March, when investors withdrew $143m. Read more
IAASB proposes global sustainability assurance standard
IAASB proposed new International Standard on Sustainability Assurance (ISSA) 5000, which aims to provide the most comprehensive sustainability assurance standard for practitioners around the world Read more
