By Moinak Maiti and Parthajit Kayal
In the last few years, socially responsible investing has gained enormous attention globally. Due to this paradigm shift in the global investment strategy, investors are looking for those companies that give high relevance to the environmental, social, and governance (ESG) factors in doing business.
Concept of ESG investment The concept of ESG investments is much accepted among the global fund managers as many of them are tracking ESG indices such as the S&P 500 ESG Index, S&P Europe350 ESG Index, and others for making investment decisions. ESG investments are gaining popularity among both active and passive fund managers. Passive fund managers track an ESG index whereas active fund managers look into the
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