Esg Rating Overhaul Needed to Separate Risk from Opportunity: Aspire Impact'S Amit Bhatia


credit:

When Amit Bhatia quit his corporate job in 2007 to work on social and environmental issues, he created Aspire Impact and Aspire Circle.

Now he's created Impact Ratings, and he wants to make it easier for investors to assess companies' environmental, social, and governance (ESG) performance, Bloomberg reports.

"Currently, using the same publicly available information, ratings providers are reaching diametrically opposite conclusions about a company's ESG performance," Bhatia says.

"We are planning to apply to [the Securities and Exchange Commission] for approval of our ESG ratings; the process typically takes six months, and our ESG risk opportunity ratings, as against a blended rating given by other agencies, will be independent of the ratings given by other agencies."

The new ratings system will measure three key areas: performance in these three key areas, helping investors and stakeholders assess the sustainability, ethical impact, and long-term value of a company's assets; opportunity ratings will assess a company's ability to meet environmental, social, and governance needs, as well as its long-term value; and risk opportunity ratings will assess a company's ability to meet these needs, as well as its long-term value.

Bhatia, who quit his job to work on social issues,

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Impact Investment Wholesalers and Fund of Funds

An impact investment wholesaler is an investment vehicle that invests in intermediaries, attracts new capital, and develops the impact investing market.What are the benefits of impact...more

Global Warming: The Wold Now Passed the 1.5 Degrees Limit

The 2024 global average temperature will have exceeded the 1850-1900 average by more than 1.5 degrees Celsius.Data from the Copernicus Climate Change Service (C3S), the European Union's climate...more

Social Stock Exchange-Catalyst For Societal Development

Social Stock Exchange-catalyst For Societal Development.43 entities on the Bombay Stock Exchange SSE platform and 59 entities in the National Stock Exchange sSE platform as of date.Annual Impact...more

Ai Opportunities Action Plan Expert Comment

The government has announced its AI Opportunities Action Plan.Dr Dominic Lees said: "The commitment to investing in AI 'hardware' is great, but there are'software' issues to resolve" The creative...more

Schroders: Investors Shrug Off Trump, Likely to Increase Impact Assets

Schroders: Investors shrug off Trump, likely to increase impact assets.Schroders says impact assets are likely to be more stable and stable than traditional investment vehicles such as real estate,...more

Youth Co:Lab National Youth Dialogue 2024 Sparks Innovation, Entrepreneurship, and Climate Action
Foundation: Citi Foundation

The Youth Co:Lab National Youth Dialogue for 2024 convened, marking a milestone event under the theme "Leadership, innovation and entrepreneurship" Over 100 youth leaders, policymakers,...more

Cleantech Innovation in Latin America: Now Is the Time

Regional capabilities in biotechnology and horticultural sciences are beginning to transfer into the South and Central American and Caribbean cleantech innovation ecosystem.This development will...more

U.S. Dairy's Net-Zero Climate Pledge and Lessons From Idaho

Idaho dairy industry targets net zero by 2050, any solutions must consider Idaho.Dairy farmers can tap into significant revenue streams through programs like California's Low Carbon Fuel...more

Innovation and Community At the Heart of Methane Reduction

A recent $345 million federal investment aims to drive impactful reductions.The initiative assists small oil and gas operators, Tribal entities, and other stakeholders in reducing, monitoring, and...more

Impact Pioneers Network Focuses Efforts to Call For Financial Support For Filipino Climate Entrepreneurs

Impact Pioneers Network, a first-of-its-kind impact investing network, underscores the importance of making funding options more accessible to Filipino climate entrepreneurs.The Network, together...more





Social Innovation News from...


Changemakers
Boeing Company


Social Entrepreneurship
Spotlight



Bicycles for the People in Rural Mozambique


Mozambikes, a for-profit social venture, was formed during a road trip across Mozambique. The founders of Mozambikes aim to improve the quality of life among rural Mozambicans by providing low-cost, efficient personal transportation.



Federal Government Grant and Assistance Programs


Coastal Wetlands Planning Protection and Restoration Act | Centers for Homeland Security | Affordable Care Act (ACA) Maternal, Infant, and Early Childhood Home Visiting Program | Fish and Wildlife Coordination Act | Boating Safety Financial Assistance | Emergency Shelter Grants Program | Mississippi Environmental Infrastructure (Section 592) - ARRA | Indian Post Secondary Schools | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2025 Copyright Michael Saunders