About – ESG

ESG reimagined

Welcome to the world of impact investment.

As the world hurtles towards environmental and social consciousness, it is imperative for businesses to balance their financial goals with social responsibility. ESG Fund is a structured credit catalysing sustainable development for companies that place environmental and social concerns at the heart of their business strategy.

Time for meaningful growth is now

Public
concern

Globally, people are becoming conscious of climate and the environment. Businesses must meet consumer concerns.

Call for
sustainability

The world demands purpose driven, eco friendly, and gender equal businesses. Companies have been forced to listen.

Government
advocacy

Policy makers are taking a responsible stand on climate change and the environment. Businesses need to align.

Consciousness
means profit

Besides creating a positive impact, going green helps businesses profit from increased efficiency and brand awareness.

The pursuit of excellence with pioneers,
Aavishkaar Capital

Entrepreneurs empowering entrepreneurs

ESG First Fund is an impact credit fund and the eighth fund by Aavishkaar Capital, which pioneered the venture capital approach of investing in early-growth stage enterprises in India in 2001 — with a focus on geographies and sectors that were often overlooked and challenging to invest in.

Aavishkaar Capital has so far raised 8 funds with a combined AUM of about $500 million and has impacted 120 million lives. In addition to offering commercial returns to its investors, the firm supports ambitious and innovative entrepreneurs to generate livelihoods, create environmental sustainability, and eliminate vulnerabilities — by enabling access to basic products and services to the target population.

Know how Aavishkaar Capital is bringing change for the emerging class through impact investment. Click here

Partner in change KfW Development Bank

KfW is a German promotional bank and one of the leading financial players in the world. It was founded in 1948 and is owned jointly by the Federal Government (80%) and the Federal States (20%).

On behalf of the German Federal Government, KfW Development Bank undertakes Financial Cooperation (FC) initiatives for developing nations and emerging economies. The bank employs approximately 1,000 professionals at its headquarters in Frankfurt am Main and over 400 specialists in more than 60 International sites, who collaborate with partners on a global scale.

Their mission is to conquer poverty, establish peace, safeguard the environment and climate, and foster fair globalisation. For modern development policy challenges, KfW is an accomplished and strategic counsel.

For more information, visit the website

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

The Initiative for Global Solidarity (IGS) promotes human rights and environmental due diligence implementation in global supply chains by scaling and harmonising proven approaches. The IGS enables buying and supplying companies to exercise shared responsibility for the impacts of their business practices on people and the planet.

The initiative is working on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

For more information, visit the website

FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT

The motivation for creating this fund is the increasing interest of European buyers in socially fair and environmentally friendly production of their purchases.

The German government has established a new law requiring German businesses to include this in their supplier’s due diligence. A similar European law is expected to follow. These developments illustrate the subject’s importance for the European market.

The Fund’s mission is to support SMEs in the target region and to strengthen their capabilities and standards to meet the increasing consumer demands.