Our ESG Philosophy
OUR COMPANIES
Indian companies continue to make strong progress on the ESG front. Some of this is highlighted by the links below of our top 10 holdings (as of Sept 2022):
| No | Company | Industry |
|---|---|---|
| 1 | Infosys | Information Technology |
| 2 | Bajaj Finace | Non-Bank Financial Company |
| 3 | ICICI Bank | Private Bank |
| 4 | Kotak Bank | Private Bank |
| 5 | Brigade Enterprises | Real Estate |
| 6 | Hindalco | Metals |
| 7 | Shriram Transport Finance Co | Non-Bank Financial Company |
| 8 | Redington (India) | Information Technology |
| 9 | Avenue Supermarts | Retailing |
| 10 | Cyient | Information Technology |
ENVIRONMENT
DALMIA BHARAT
The Dalmia Bharat Group has evolved as a distinct brand that commands respect as an environmentally responsible business group. The group’s cement business is globally ranked No. 1 by CDP in 2018 on business readiness for a low carbon transition and has achieved the lowest carbon footprint in the cement sector globally. It follows the business philosophy of ‘Clean & Green is Profitable and Sustainable’ to create positive environmental and social impacts. By replacing conventional fuels and raw materials with alternative solutions, the group continues to expand its overall renewable energy portfolio. Its blended cement portfolio and continued investment in technology reduce any adverse impact on the planet. With a clear thrust on improving efficiency in all practices and technological innovations, the group is dedicated to operate its facilities with the utmost respect for the communities and environment it exists in.
SOCIAL
TATA CONSULTANCY SERVICES
TCS has more than 390,000 employees globally, representing more than 129 nationalities, and of whom more than a third are women. A heavy investment has been made in training to help women at all levels excel in their roles, including one to one coaching when they take up senior positions, a Rising Stars Program for those with three to five years of experience and the Pathways to Success Workshop, a leadership programme for women with five to eight years of experience.
Link: www.tcs.com/tcs-named-best-company-diversity-inclusion
GOVERNANCE
HDFC BANK
The Bank believes in adopting and adhering to the best recognized corporate governance practices and continuously benchmarking itself against each such practice. The Bank understands and respects its fiduciary role and responsibility towards its shareholders and strives hard to meet their expectations. The Bank has infused the philosophy of corporate governance into all its activities. The philosophy on corporate governance is an important tool for shareholder protection and maximization of their long-term values. It has been established as global best practice when it comes to Governance, alongside our other portfolio companies in Infosys, Hindustan Unilever and Wipro.
We have a vision of creating an investment management firm that was genuinely honest and India Focused Fund Firm as we laid the groundwork for Investing in India. Our dream has served as our compass as we assist our Australia and New Zealand-based investors in celebrating life and effectively managing their riches by Investing in India. We at India Avenue are passionate to free our clients from the difficult chore of wealth management. India funds in Australia will take an immense leap as India is one of the fastest-growing economy.