Environmental, Social and Governance (ESG) norms can be observed to find increasing acceptance across jurisdictions as corporations around the globe progress in their quest for investment. Given the rising concern for sustainable development coupled with investment trends pushing for stakeholder-friendly corporate governance strategies, ESG norms have built concrete inroads to the global corporate-legal regime. To facilitate investment, Indian corporations, being no exception to the global ESG surge, are increasingly adapting themselves to accommodate the contemporary ESG practices, while reclaiming the ones deep-rooted in the origin of Indian corporate law. Recent reports reflect a rise in ESG investments in India from 330 million US Dollars in 2019 to 1.3 billion US Dollars in 2023, evidencing the significance of ESG. The soaring interest of investors in companies with ESG focussed practices has led to regulatory intervention aimed at ensuring investor protection across jurisdictions.
Please click here to read the full article by Gaurav G Arora and Aditi Richa Tiwary, published in The Financial Express.
Gaurav’s practice covers mergers & acquisitions, private equity, corporate structuring and restructuring, and general corporate commercial matters (including data privacy and white-collar crime investigations).