Source : Infrastructure Development Finance Company Limited 
Tuesday, March 29, 2011 6:51PM IST (1:21PM GMT)
 
IDFC in S&P ESG India Index
Mumbai, Maharashtra, India

IDFC has entered the list of top 50 Indian companies in the S&P ESG India Index.

The S&P ESG India Index comprises of 50 of the best performing stocks in the Indian market as measured by environmental, social and governance (ESG) parameters.

Sponsored by the International Finance Corporation (IFC) and developed by a consortium of Standard & Poor's, CRISIL, and KLD in January 2008, the index represents the first of its kind to measure environmental, social, and corporate governing (ESG) practices based on quantitative as opposed to subjective factors. The purpose of the index is to raise the profile of those companies that perform well along the three parameters of environmental, social and corporate governance responsibility when compared to their market peers.

Index constituents are drawn from the top 500 companies (by market capitalization) listed on the National Stock Exchange, which are subjected to a screening process which yields a score based on a company's ESG disclosure related practices in the public domain.

The performance on ESG parameters assures investors that their portfolio is consciously balancing the interests of all stakeholders, and thereby, creating a platform for strong long-term performance.

About IDFC Ltd.

Infrastructure Development Finance Company Limited (IDFC) is India's premier financial services institution focused on infrastructure. It was set up in 1997 by the Government of India as a financier and catalyst for private sector's involvement in infrastructure development in India. For over 12 years, since the company's initial public offering in 2005, IDFC has evolved into a 'one stop shop' for infrastructure finance in India, meeting the complex and ambitious requirements of an expanding client base.

IDFC's strategy involves all parts of the value chain of infrastructure, providing a differentiated value proposition to its clients. IDFC's domain expertise in infrastructure combined with product breadth - project financing, investment banking and asset management enables it to provide creative solutions to its clients. IDFC has strong relationships with the private sector and government enabling it to provide objective advice and facilitate public-private partnerships in infrastructure. IDFC Foundation, it's not for-profit development arm, helps train government officials on public-private partnerships, provides advice on infrastructure policy and governance issues and on sustainable infrastructure development strategies.

 
For News Release background on Infrastructure Development Finance Company Limited click here
 
Media Contact Details
Anupam Srivastava, Infrastructure Development Finance Company Limited, +91 98402 99301, anupam.srivastava@idfc.com
Lisa Marie De Souza, REPUTE Public Affairs & CSR Solutions, +919819044657
Venkatraman K V, Infrastructure Development Finance Company Limited, +91 90040 40575, venkatraman.kv@idfc.com
 
KEYWORDS: Business/ Finance:Accounting & management, Banking & Financial services, Business Services, Financial Analyst & Investors;General:Consumer interest, Economy
 
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