CSR: Investing Finance Systematically And Committing To Protocols

The Principles for Responsible Investment (PRI) is the leading global network for investors, committed to integrating environmental, social governance (ESG) practices into investment policies and practices. Kotak Asset Management Company (Kotak Mutual Fund) recently signed the United Nations-supported Principles for Responsible Investment, becoming the first asset management company to lead the responsible investing narrative in India.

By signing the PRI, Kotak aims to adhere and implement ESG standards in its investment decisions. Formal adoption of the global benchmarks on responsible investing assures all stakeholders of its commitment to ESG practices.

“Globally, companies adhering to ESG protocols, in addition to having good risk management and corporate governance practices, deliver sustainable returns. With evolving investor attitude towards responsible investing, we need to adapt and adopt international trends and best practices in this area. The processes outlined by PRI will help us develop a more sustainable financial ecosystem’, said Nilesh Shah, MD & CEO, Kotak Mahindra Asset Management Co. Ltd.

Established in 2006, the PRI principles have since been signed by more than 1,900 global signatories comprising of asset owners, investment managers and service providers across 55+ countries having a combined AUM of US $70 trillion.

ET NOW had partnered with Kotak Mutual Fund, to organise Financial Freedom Express Camps to educate Indians about the importance of investing in SIPs in order to ensure their financial security for the future.

In sync with the theme i.e. Financial Freedom, these camps reached out to specific groups or clusters of people, who may not have the best of financial advice at their disposal and in turn help them become financially sound & independent.

Camps were organised at the birthplace of the Milk Revolution, Anand,  Chandni Chowk, Lalbaug and concluding it with Central Railway’s Railway Protection Force (RPF). With ensuring the safety and security of passengers and putting their lives on the line, the RPF always have to live in caution. Financial expert, Alpa Shah, gave them the required insights on investing for the long term and securing their family’s financial future.

The main endeavour is to educate and empower every Indian on the benefits of investing with a small amount of money, demystifying Systematic Investment Plans, the power of compounding & the advantages of long-term investments to build wealth & safeguard their future.

Thank you for reading the story until the very end. We appreciate the time you have given us. In addition, your thoughts and inputs will genuinely make a difference to us. Please do drop in a line and help us do better.

Regards,
The CSR Journal Team

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