02 March 2023: Institutional Investor Advisory Services (IiAS) released the seventh edition of its assessment of Corporate Governances Scores of the S&P BSE 100 index constituents. The S&P BSE 100 constituents account for 68% (as on 01 March 2023) of total market capitalisation, therefore, the results of the assessment are a reasonable representation of market practices.

The framework for the Indian Corporate Governance Scorecard was developed over 2015 and 2016, jointly by International Finance Corporation (IFC), a member of the World Bank Group and Bombay Stock Exchange (BSE) and IiAS. The scorecard is based on the widely accepted G20/OECD principles of Corporate Governance. The framework looks at the global best practices but contextualizes it for the Indian nuances - making it far more relevant for our markets.

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A milestone in our capital market

IiAS turns 12 today on 24 June 2022

IiAS issues its maiden Second Party Opinion and becomes the first domestic firm to provide a Second Party Opinion; IiAS has assessed the framework for sovereign green bonds issued by the Government of India.

24 January 2023: IiAS today issued its maiden Second Party Opinion, making IiAS the first domestic firm to provide a Second Party Opinion.

A Second Party Opinion is a review of the green, sustainable or social bonds or the Issuer's Green Bond Framework to assess their alignment with accepted market principles and practices.

To read the Second Party Opinion click here

Institutional Investor Advisory Services (IiAS) is pleased to announce that it has become a signatory of the United Nations-supported Principles of Responsible Investing (PRI).

As the leading advisory firm for corporate governance and environmental, social, and governance (ESG) matters in India's capital markets, IiAS is the first proxy advisory firm in the country to make this commitment. By signing on to the PRI, IiAS has agreed to incorporate the principles outlined by the UN in its ESG Scoring Framework. To date, the PRI has been adopted by approximately 5300+ signatories which includes Investment Managers, Asset Owners, and Service Providers, 29 of which are based in India.