Axis Mutual Fund
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Risk of greenwashing by constituent companies
- Limitations in forecasting companies’ performance against ESG metrics due to the dynamic nature of the information evaluated.
- Discrepancies in publishing non-comparable and non-standardized ESG data.
Mitigation Strategies
- Rigorous in-depth credit evaluation of money market and debt instruments.
- Use of derivatives and other hedging instruments to protect portfolio value.
- Integration approach to ESG investing, evaluating companies based on E & S metrics with varying weightages, and G at 40%.