AbstractAim: The key motive of the study is understanding the performance of ESG sectors with respect to national stock exchange and to identify the relationship and the impact of these variables on the company’s share price and performance.
Design/Methodology/Approach: In the current study, the data are taken from the secondary source of information. Top 5 sectors have been taken based on the weight given in the ESG100 indices in national stock exchange. And the ESG score of CRISIL is taken as a whole by calculating the average of companies under the selected sector. Similar companies of a sector are taken and average is taken. Further the share price of past five years is considered for the study. The information collected are further analyzed using the descriptive statistics, correlation, regression to determine and justify the objectives of the study.
Findings: The study has identified the unique factors for analyzing the exact picture of the companies under the ESG indices based on the sectorial indices. Which indicates the performances level through the descriptive analysis. And the relationship and impact of these factors such as scores has an impact on the companies share price and it shows the ESG companies’ outcomes and the true picture.
Research Limitation: The study will help us in understanding the true picture based on the secondary source of information such as ESG score and the share price and return of select indices in National Stock Exchange. The particular variables used in this study are selected as a whole which doesn’t represent a separate company. There will be a difference in the results when it is considered in perspective.
Originality: The study is original in its contribution, as the study uses secondary data from the official sources of national stock exchange and Crisil. This data is unbiased and can be used for further studies on varied views relating to ESG.