Purposeful Investing. Positive Impact.

At India Resurgence Fund (IndiaRF), our investments embody a dual responsibility: delivering financial returns to our investors and creating measurable positive impact for our communities and nation.

Sustainability Report 2023

ESG Agenda

Sustainability has emerged as an imperative in the contemporary investing agenda, with stakeholders demanding greater accountability for environmental, social, and economic impacts. Recognising this universal need for transparency and responsibility, we are proud to present our inaugural Sustainability Report.

ESG Journey

  • 2018

    • ESG Policy
  • 2020

    • ESG Due Diligence
    • First ESAP
    • Implementation
  • 2021

    • Strengthening Governance Cadence For ESAP Monitoring
  • 2022

    • Dedicated ESG Team
    • Peer Benchmarking
  • 2023

    • First Sustainability Report

ESG Approach

We collaborate with portfolio companies to drive a positive impact on the environment and society.

environment
Environment
  • To align our operations and investments towards being environmentally responsible.
  • To be resource-efficient throughout our portfolio companies and operations.
  • To reduce operational waste generated by the portfolio companies and protect bio-diverse areas in the project surroundings.
social
Social
  • To promote diversity across all levels and encourage an inclusive culture.
  • To ensure the health, safety, and well-being of all employees as well as create a workplace where employees feel valued and can bring out the best in themselves.
  • To create positive impact for nearby communities.
Governance
Governance
  • To align our operations and investments towards being environmentally responsible.
  • To be resource-efficient throughout our portfolio companies and operations.
  • To reduce operational waste generated by the portfolio companies and protect bio-diverse areas in the project surroundings.

ESG Framework

At IndiaRF, we are dedicated to integrating ESG factors into our investments to drive sustainable returns. We have established a robust and impactful ESG framework that aligns with our responsible investment objectives.

1 Pre-Screening
2 ESG Review and Categorization
3 Detailed ESG Due Diligence
4 Integration of Environmental and Social Action Plan and Investment Agreement
5 Strengthening ESMS and Implementing ESAP
6 Post-Investment Monitoring and Reporting
7 Exit

ESG Framework

L

Livelihood
Enhancement

Improving the workplace through quality interventions that make the workplace safe and encourage productivity improvement.

E

Energy Management
And Efficiency

Continuously minimising and efficiently using energy.

A

Affirmative Action at
the workplace

Nurturing diversity and inclusion to continuously improve employee skills and attractiveness.

P

Participatory
Development Initiatives

Collaborating with local communities through partnerships and other initiatives.

IndiaRF ESG Impact

Livelihood Generation
locals across 10 villages employed as workers / vendors by Archean
Supply Chain
+ fleet operators transport material for Archean Chemicals
Affordable Healthcare
+ APIs across 75 countries Manufactured and supplied by Synthimed
Energy Efficiency
% of treated water reused for gardening and flushing by Setco Automotive
Community Development
+ local beneficiaries of the ~$300,000 Livelihood Enhancement Plan by Thrissur Expressway

Disclaimer

The report represents IndiaRF’s view as of the date of this presentation and is subject to change. Activities are a representative list and not exhaustive. The noted case studies are presented for illustrative purposes only. The companies identified herein do not represent all the investments made by IndiaRF. The level of ESG integration may vary by strategy.