S&P launches India index

Standard & Poor’s, (S&P) CRISIL and KLD Research & Analytics, launched the S&P ESG India index last week. It is the first investable index of companies whose business strategies and performance demonstrate a high level of commitment to meeting environmental, social and governance [ESG] standards. The S&P ESG India index will provide a model for the launch of similar indices in other emerging markets, according to S&P.