ESG Wealth Adviser Says Being Good Is Also Giving Higher Returns
- MSCI India ESG Leaders index has beat the broader MSCI India
- India’s pledge to be net zero by 2070 to spur firms to do more
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Investing in companies with a higher environmental, social and governance score is generating better returns compared to peers, according to an Indian wealth adviser, debunking the notion that there’s a trade off between profit and sustainability goals.
“Everyone always thinks that if you are investing through ESG, you are compromising your returns” but the data proves otherwise in the long term, Soumya Rajan, founder and chief executive officer of Waterfield Advisors Pvt. said in a Bloomberg Television interview Monday. Since its inception in 2007, MSCI India ESG Leaders Index has jumped 400 basis points more than the broader MSCI India index, according to Rajan.