After the launch of India’s first ESG fund in 2018, three more have entered the field, with the category now making up 0.6% of total equity assets under management. Equity investment based on environmental, social and governance practices is gradually gaining traction in India, helped by the strategy’s relatively strong performance during the pandemic. The push into sustainable investing has gathered pace this year amidst the government intention to channel virus-related recovery funds into a variety of projects. Stronger companies that have solid principles around ESG have been able to weather the pandemic storm relatively better. Clearly, this is a growing sector... How is the growth going to accelerate? Will that help us achieve the target set by the UN Social Development Goals?
 
Among the three factors i.e. E, S and G, which is the more dominant theme at the moment? How is that likely to change?  How will that impact the ground? Into which sectors will capital preferentially flow? Will that help with the enormous task of achieving social impact which we face?