By Geoffrey on February 6, 2019
On February 6, 2019 Business Standard reported that “three
former Tata executives led by Mukund Rajan joined hands with
Quantum Advisors’ Ajit Dayal to launch a $1-billion ESG
(environment, social and governance) fund. Adopting a private equity kind of
approach to public markets, they will look to invest $50 million each in 20-odd
companies which seek to become better on their ESG practices and require help
to do so.”
In an interview, Mr. Daval and
Mr. Rajau, described the fund as “India’s first active engagement ESG fund.” They answered questions about the types of
companies the fund will invest in, the investment criteria to be applied, the size
of the fund, its approach and their previous track record.
You may read the interview on the Business Standard internet site.
Posted in 2019, Asia, Capital Markets, Finance
By Geoffrey on February 1, 2019
On February 1, 2019 Institutional Asset Manager reported
that “S&P
Global Ratings has started to include environmental, social, and governance
(ESG) sections within its issuer credit rating reports on corporate entities.
Michael Wilkins, Managing Director
and head of Sustainable Finance, S&P Global Ratings, says: ‘The
fixed-income market’s heightened focus on ESG has only emerged recently.
However, ESG has been at the heart of our ratings approach for many years. We
have long incorporated ESG considerations into our credit analysis. What we aim
to do now is to more clearly underline to industry bodies, investors, and
stakeholders how we do so.’”
You may read the article on the Institutional Asset Manager website.
Posted in 2019, Finance, Fixed Income, Sustainability