Aditya Birla Signs Up To The ESG Mantra

ESG isn’t just another little bit of compliance for insurers, it is a fundamental strategy which MUST be pursued, according to globalists and climate change campaigners. Most governments are going along with this groupthink, so make sure your investments, your policy book and your internal operations all tick the correct boxes.

Here’s the latest from India, where ESG has also become an integral part of doing business.

Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited announced that its offshore entity public funds under UCITs (Undertakings for the Collective Investment in Transferable Securities) are now aligned to global ESG framework.

The investment strategy of these funds is to generate long term capital appreciation by investing in Indian companies which are aligned with Environment, Social & Governance (ESG) theme. The asset manager also has expertise in designing bespoke solutions and providing portfolio advisory services to clients.

“The fund manager will combine traditional bottom-up stock picking based on business and financial analysis with ESG parameters of a company to identify long term sustainable business opportunities. Under this framework all companies in the portfolio get assessed against a Sustainability Scorecard,” said Vikas Gautam, Head – Offshore Business, Aditya Birla Sun Life AMC Limited. The asset manager has partnered with leading ESG research provider Sustainalytics for ratings.

Commenting on this, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “The funds offered are known for their consistent performance and rated highly by independent agencies. The funds endeavour to participate in ESG aligned existing and emerging opportunities, eliminate risky companies and invest in high quality sustainable growth compounders to generate better risk adjusted returns. The funds will hold a diversified portfolio that creates superior long term investment opportunity.”

About alastair walker 11422 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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