In an increasingly interconnected world, the importance of actively managing risks and opportunities related to emerging environmental and social trends, rising public expectations for better accountability and corporate governance, presents a new set of challenges with far-reaching financial consequences for corporations. The main problem is tor the average investor, spotting ESG risk can be challenging. ESG factors may not be evident in financial statements! India faces higher ESG risks compared to other emerging economies. As per a GMO ESG assessment framework, India ranks as higher in terms of ESG risks compared to China, Brazil, Korea etc.