• UGI USER
  • Mar 15, 2023
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ESG Regulations

News: People across the world are embracing the idea that business should be measured on the Environment, Social and Governance (ESG) metric, however ESG laws and Regulations are still at a nascent stage in India, and much further to go in this direction.

ESG goals are a set of standards for a company’s operations that force companies to follow better governance, ethical practices, environment-friendly measures and social responsibility.

Environmental criteria take into account how a business manages the environment.

The management of relationships with customers, suppliers, employees, and the communities in which it operates is examined under the social criteria.

Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.

Increased financial returns are no longer the only goal of investors; instead, it focuses on non-financial factors as a metric for directing investment decisions.

Ever since the introduction of the United Nations Principles for Responsible Investing (UNPRI) in 2006, the ESG framework has been recognised as an inextricable link of modern-day businesses.