Environmental, social, and governance (ESG) came up as an excellent strategy to align environmental goals with financial goals. It eventually promotes the betterment of the country. In context with the Indian stock market, ESG is gaining good traction. This is the result of constant government investment and the increased interest of citizens. People are now preferring to buy and make things that are not only financially feasible but also environmentally feasible.
The aim of balancing profits with sustainability is to make the companies change their ways. Globalization and growth are still happening, but not by degrading the environment. This has significantly impacted the stock market too. People are keen to invest in companies that are taking a step forward for protecting the environment.
Be it advanced technology incorporation, or new environmental laws, everything is getting connected to preserving the environment.
India is one of the developing nations that is paving the way towards developed nations in the fastest possible way. This fast pace is the result of the constant work of Indian citizens in one or another way. The companies of India are finding ways to align their financial goals with environmental goals. A plan to make India financially as well as environmentally stable is the aim now.
While some people are working tirelessly to bring new technology into function, some are investing in prospective companies with the vision of a sustainable future. India is striving to bring renewable energy resources into function, and investors are keenly investing in the companies with this vision.
Also Read: Small Cap vs Mid Cap vs Large Cap Stocks: Where to invest for maximizing your returns?
ESG investors are taking
Read more on financialexpress.com