Ethical investing, also called by different names such as Environmental Social and Governance (ESG) investing, responsible investing, mindful investing and sustainable investing, has recently become more popular. Investors, particularly younger investors, are getting more concerned over the wider social and other impact of their investments and wish to contribute to positive changes in the world, rather than contribute towards increasing suffering. The highs and lows of the stock markets in different countries further give a push towards ethical investing as a strategy to identify more stable companies that believe in ethical and sustainable values and which are, therefore, more likely to be profitable in the long term.
In this book, we introduce the concept of ethical investing and consider the avenues by which investors can invest ethically within India today. We discuss green energy, various ESG and ethical mutual funds and social investing avenues.
It is hoped that this book will raise awareness towards ethical investing and inspire existing and prospective investors to invest in a way that uses their money towards the wider good in this world.