ESG expected to contribute 34% of total domestic AUM by 2051, study claims
Live MintAvendus Capital, the leading Investment Bank in India, has unveiled a report that underscores the growing significance of Environmental, Social, and Governance criteria in shaping the decision-making landscape of Indian equity capital markets. Unveiling the report, Gaurav Sood, Managing Director and Head - Equity Capital Markets, Avendus Capital said, “While ESG as a theme has already gained relevance in the global capital markets, it has begun to show green shoots within India. We also think that China’s underperformance within ESG is expected to create a China+1 opportunity, which will benefit India as it is among the top-ranked Asian economies in ESG rankings.” ESG-related investments in India are experiencing a surge in popularity, driven by three significant catalysts. In the context of ESG, the aspect of “Governance” within Indian companies has garnered heightened scrutiny from a multitude of stakeholders, accompanied by growing institutional pressure on publicly traded firms.