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The State of ESG in India's Public Equity Market: An Overview

ESG, particularly the environmental aspect, has been a subject of extensive discussion, gaining significant attention during the Covid-19 pandemic. The crisis accelerated the global drive for companies to embrace ESG, making it more than just a phenomenon confined to the affluent world. The Biden administration's recent announcements on the American Jobs Plan and climate change action underscore the need for all investors to consider ESG and navigate its intricacies. Emerging markets, including India, are actively enhancing their ESG disclosures, transforming ESG factors from a "good to have" to a "must have" for every corporation. Companies now recognize their broader role, focusing on the triple bottom line of Profit, People, and Planet. In this article, we will scrutinize India, one of the vital emerging markets, through an environmental, social, and governance lens.    Does Sustainable Investing Lead to Sustainable Growth?    Companies pursue sustainability