How will ESG practices in the alternatives space evolve in the coming years ?

Environmental, social, and governance (ESG) practices are a set standards on which companies operate. Investors use those practices and evaluate potential investments based on their assessments.

The evolution of Environmental, Social, and Governance (ESG) practices in the alternatives space is a topic of interest. While I don’t have access to the latest information, I can provide you with some general insights.

• Environmental criteria consider how a company performs towards nature and manages ecosystem. 
• Social criteria examine how it manages relationships with vendors, contractors, employees, customers and associations. 
• Governance deals with a company’s corporate governance practices, leadership qualities, executive pay, audit committee, internal control and shareholder rights.

The ESG reporting landscape is evolving globally, and India is no exception. Organizations are increasingly recognizing the importance of ESG reporting and its impact on sustainability1. In the coming years, we can expect new global ESG-related standards to emerge, which will help address the lack of a common baseline for disclosure standards2. These standards will likely drive more credible corporate disclosures and demand enhanced ESG skills from corporate boards and government leaders2

Moreover, technology advancements and the use of blockchain are changing the way data is collected, stored, and analyzed. This influx of standardized data is enabling advisors to deliver more accurate ESG investment models3. These trends indicate that ESG practices will continue to evolve in the alternatives space, with a focus on sustainability and accountability.

Please note that these insights are based on general trends and may not capture all the nuances of the alternatives space. For more specific information, I recommend consulting industry reports or experts in the field.

Source through AI: EY, SPGlobal, Forbes, others.