We are passionate about understanding the role of environmental, social and governance (ESG) factors in determining long-term financial sustainability of businesses. Given the backdrop of major global issues such as climate change, biodiversity loss, poverty, hunger, illiteracy and gender inequality, we believe that there exists a yawning gap between short-term financial profits and long-term sustainable growth. Hence, corporate sustainability can no longer be viewed as solely a function of financial profits. The conversation around ESG needs to get louder, clearer and wider – and capital markets, along with its participants have a pivotal role to play in it.
We firmly believe that capital markets need to change their conventional approach of allocating resources towards short-term, unsustainable uses. They can drive a shift in investor mindset by mandating corporates and governments to report on sustainability practices in addition to the traditional financial disclosures. Moreover, capital markets can promote sustainable practices by encouraging investors to engage actively with portfolio companies on ESG related issues. Fortunately, these trends are already beginning to gain impetus. Hence, we believe it is an exciting time to be part of this momentous change.
With the conversation around ESG beginning to amplify, ESGSense is an attempt to simplify the complex narrative around ESG and responsible investing. Our aim is to keep market participants informed on the rapidly evolving ESG landscape through news, analytics and research.
At a more personal level, working in the ESG space gives us a sense of purpose and interconnectedness. It gives us the opportunity to look at the bigger picture which exists beyond financial models. It also makes us feel that we are an agent of change.
In the current form, ESGSense aggregates, curates and publishes ESG-focused articles and opinions with the aim to create better awareness about environmental, social and governance issues and practices from sources that we believe are credible. In the near future, we envisage creating an incisive ESG research library.
Lastly, this project is still a work in progress and we are looking for collaborators. If this is something that you may be interested in contributing to, drop in a line at [email protected].