The rating, according to Sharekhan, will allow investors to understand how the companies in their portfolios are managing their environmental, social, and governance – or ESG – risks relative to their peers. This rating is built to enable advisors and investors to compare companies across industries directly. A refined design aims to make it easier to use as they make investment decisions.
On this development, Jaideep Arora, CEO, Sharekhan by BNP Paribas, said, “As a full-service broker, we have always believed in providing extensive research to help customers make well-informed decisions, and we are very proud to incorporate ESG ratings in our research going forward. We strongly believe it will assist customers looking to invest in companies that are thinking of the future. Environment, Social, and Governance are an integral part of BNP Paribas’s approach and strategy globally, and we believe it is important for our customer here in India to gain from this.”
