Environmental, social and governance (ESG) was already gaining traction among the biggest investors in the world and ESG topics have also become priorities for leading securities regulators and stock exchanges. Bloomberg expects ESG assets under management to hit US$53 trillion by 2025, a third of global assets under management. The stock markets and investors have proven this by the fact that US$649 billion was invested in ESG-focused funds globally through the end of November 2021 based on the latest Refinitiv Lipper data. Morningstar also reported that capital flows into ESG funds continue to increase with total assets invested in Asia-domiciled funds at US$36.3 billion at the end of June 2021. Standard Chartered’s Sustainable Banking Report 2022 reported India has a high potential for growth in sustainable investing with an opportunity to mobilise US$1 trillion towards top ESG priorities, particularly for financing the climate transition by 2030.
At the Glasgow climate summit, India committed to becoming a net-zero economy by 2070 and to reducing its carbon intensity by 45 percent by 2030. Further, The Securities and Exchange Board of India (Sebi) has proposed that environment, social and governance-based funds (ESG funds) should have at least 80% of their total assets in securities following the sustainable theme. In June 2021, Reliance announced an investment of over US$10 billion over the next 3 years for its green business. Overall, $8.2 trillion of investable retail wealth could be channelled into sustainable investments by 2030 to finance ESG objectives.
Join us at ESG Summit by Trueventus to acquire insightful knowledge and fruitful discussion on the impact of regulatory measures on standardisation efforts. Learn and understand holistically about the development of Environmental, Social, Governance in the company, uncover case studies from reputable speakers, experience the latest applied technology to improve data quality insight and gain networks with global experts across industries.