30/08/2021 Financial & Legal Services
Many companies around the world are adapting to environmental-friendly practices and giving back to society through CSR activities. Such portfolios of companies that rate high on this scale are called ESG funds. The term ESG stands for ‘Environmental, Social, and Governance.' There is an increasing demand for such investments as many investors want to spend their money on those companies that yield good returns in the long run. ESG funds in India have also been attracting a lot of attention lately, Avendus, a financial services firm has started India’s first ESG fund.
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