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Why Green Finance Must Move Beyond Slogans And Tick-Boxes

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  Why Green Finance Must Move Beyond Slogans And Tick-Boxes  The essence of true green finance is not to cheerlead the greenest technologies, but to invest in the greening of grey—and yes, even brown—sectors. Srinath Sridharan 17 Dec 2024, 12:57 PM IST Business Why Green Finance Must Move Beyond Slogans And Tick-Boxes Green finance, for all its promise, is at a crossroads. Much like a greenwashed wa Green finance, for all its promise, is at a crossroads. Much like a greenwashed wall that peels when touched, the rhetoric often fails to match the reality. The concept has become both a rallying cry and a quagmire of contradictions. We extol the virtues of a net-zero world, but can we really wager our last treasury coin on achieving it? The uncomfortable truth is that sustainable finance risks be Green finance, despite its growing prominence, remains a shallow construct in India, hampered by limited regulatory progress and insufficient alignment between rhetoric and reality. With ...

Shriram Finance consolidate green finance biz under Shriram Green Finance

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  Shriram Finance consolidate green finance biz under Shriram Green Finance Building on its existing expertise in financing electric vehicles, Shriram Green Finance will provide sharper focus and clarity to its sustainability efforts Shriram Finance on Monday announced the consolidation of its green financing initiatives under Shriram Green Finance to grow and expand beyond electric vehicle (EV) financing. Additionally, the company has set a target for assets under management (AUM) of Rs 5,000 crore for the vertical over the next 3–4 years.   In a statement, the company said, “Shriram Green Finance will initially focus on building the EV portfolio across India, with an initial focus on Karnataka, Kerala, the National Capital Region (NCR), and Maharashtra. Shriram Finance is actively engaging with original equipment manufacturers (OEMs) manufacturing EVs to establish long-term partnerships, ensuring seamless and accessible vehicle financing solutions.” seamless and accessible v...

ICICI Prudential Innovation Fund performance review analysis for December

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ICICI Prudential Innovation Fund performance review analysis for December ICICI Prudential Innovation Fund performance review analysis for December: This detailed review of ICICI Prudential Innovation Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors. ICICI Prudential Innovation Fund Direct Growth performance review analysis for December: ICICI Prudential Innovation Fund Direct Growth, managed by the seasoned fund managers Anish Tawakley,Vaibhav Dusad,Sharmila D’mello, remains a prominent player in the Equity - Other. ICICI Prudential Innovation Fund boasts an impressive AUM of  ₹ 6322.82 crore. Under the guidance of Anish Tawakley,Vaibhav Dusad,Sharmila D’mello, the fund adheres to its objective of the Scheme is an open ended thematic fund. The objective o...