Investing with an eye on ESG principles is becoming a trend. But measuring the extent to which companies do good is tricky, and many funds do not track or measure the actual impact of their investments.

SINGAPORE (Dec 10): Across rural India, Shri Mahila Sewa Sahakari Bank is trying to lift women out of the cycle of poverty by providing them with the financial services most of us take for granted.

The 45-year-old cooperative bank’s customers — some half a million in all — are self-employed women in informal sectors who are simply unable to navigate the complicated procedures and raise the collateral required to obtain credit from the national banks. Sewa’s mission is to enable its customers to build up their capital base. That often means having to first help them redeem crushingly expensive debts, before offering them suitable savings, loans and insurance products.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook