Can ESG funds change the way business is done?
ESG funds invest in companies that conduct their business in a fair and ethical manner
ESG funds also account for environmental sustainability of a company before investing
Mumbai: Avendus Capital Public Markets Alternate Strategies, the alternative asset management arm of Avendus Capital, recently launched a $1 billion ESG (environmental, social and governance) fund. It’s one of India’s first funds to incorporate an ESG strategy for portfolio construction.