ijmssr.editor@gmail.com
Dr. Kumar D
Volume: 10 Issue: 03 2024
Abstract:
Nature has both been the Lord of boon as well as a strict destructor. There are ever going debates in recent years that many natural calamities are a reaction to the human’s thirst to become super power beyond the nature. Many people are only interested in premium and luxury life with advanced smart technologies which has side effects for cause of this destruction in the whole Earth. Hence it is vital for creating public awareness across the globe on importance about the Environment, Social and Governance (ESG), with main focus on responsive and sustainable investments based on ESG criteria to fulfill relative regulations and laws of different Governments, International Environmental standards and accordingly giving primary preference for ESG in strategic investment decisions. This conceptual paper stretches its objectives for the study of ESG e-initiatives in Indian perspective and examines the importance of ESG in investment related decisions as well as policy making; and describe the growth of Responsible Investment in different types of economies. This paper also describes the challenges in effective implementation and utilization of ESG criteria at both Policy making as well as investment decisions referencing to various secondary data available from reports of reputed Research Organizations and other fellow researcher contributions. This paper mainly focuses on the study of current ESG based initiatives in a global to Indian perspective with impediments with different stakeholders and relates the same to effective recommendations on policy changes.