Indian institutional lenders and investors are simply not demanding enough on sustainability from the companies. Rarely do they go beyond rule-based compliances and implement environment, social and governance or ESG goals with purpose and passion like their European counterparts. In light of this, suggest the measures to nudge the businesses to act on their environmental responsibilities. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/india-inc-must-follow-global-example-and-take-affirmative-action-on-climate-change-7194741/ In the body, mention the initiatives taken by the companies in Europe. In the body, mention the … Continue reading Indian institutional lenders and investors are simply not demanding enough on sustainability from the companies. Rarely do they go beyond rule-based compliances and implement environment, social and governance or ESG goals with purpose and passion like their European counterparts. In light of this, suggest the measures to nudge the businesses to act on their environmental responsibilities. 10 marks