India’s new Responsible Investment Research Association gets OK

Plans to set up South Asian SIF

The New Delhi-based Responsible Investment Research Association (RIRA) has recently received its license to function as a nonprofit organisation.

RIRA told www.responsible-investor.com that it will aim to build dialogue on responsible investment and environmental, social and governance (ESG) mainstreaming in the region. It will also look to develop the platform for a South Asia SIF (Social Investment Forum) in due course.

RIRA will provide active support to dialogue among regulators, investor groups and academics in order to take RI integration to the next levelof ownership. It also plans to create a working, region-specific round-table consisting of investment professionals, policy makers and international experts. It will look to educate investors as well as companies on RI opportunities
Visit the RIRA website (under construction).

Issues on the table for Indian investors at the moment include the microfinance scandal, the ongoing engagement with London-listed but Indian-based mining giant Vedanta and the country’s increasingly close relationship with neighbouring Burma.