ESG investing gains momentum globally, US leads with highest share of SRI assets
ESG investing in India is at a nascent stage but it will pick up pace driven by the global growth in this sphere, Kotak Institutional Equities said
Sustainable investing assets in five major global markets grew at a CAGR of 7.3% to $35.3 trillion at the start of 2020, beating the CAGR of 3.5% for professionally managed assets over the past two years, the Global Sustainable Investment Alliance (GSIA) said in its fifth biennial report GSIR-2020. CAGR is short for compounded annual growth rate.
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