Quote on SEBI consultation paper on ESG disclosure By Mr. Chirag Mehta, Quantum AMC
Below is quote on SEBI consultation paper on ESG disclosure by Mr. Chirag Mehta - Senior Fund Manager - Alternative Investments, Quantum AMC
We have been proponents of and thereby concur with the recommendation of more disclosures on Sustainability linked products to not only showcase its true to label characteristics but also help address any forms of “green washing” from product manufacturers. There is a need to align investor interest, fiduciary obligations of asset managers for greater transparency, credibility, communication and engagement with stakeholders. The subtle differences in the ESG approaches need to be communicated well to set right expectations, instill confidence and drive investors towards sustainable investments. The subjective nature of ESG assessments will necessitate a prescriptive and guiding framework that prescribes enough disclosure that empower investors to arrive an at informed decision
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