NSE Indices launches Nifty500 Ahimsa Index: How the 'ethical' benchmark works
The National Stock Exchange (NSE) has launched the Nifty500 Ahimsa Index, which filters companies based on ethical and animal welfare criteria. The index uses a traffic-light system to exclude businesses that do not align with the principle of non-violence.
Why it matters
It represents the growing market demand for ESG (Environmental, Social, and Governance) and values-based investment benchmarks in India.
NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), announced the launch of Nifty500 Ahimsa Index, a new thematic index that tracks companies from the Nifty 500 universe that align with the principles of “Ahimsa” or non-violence.The index has been designed for investors seeking exposure to companies that follow business practices aligned with animal welfare considerations. Developed in collaboration with the Ahimsagain Foundation under its Ahimsa Investment Movement (AIM) framework, the index uses an ethical screening process to identify eligible companies.Under the AIM framework, companies are assessed based on their products, services and overall business practices and are classified into three categories: Green, Orange and Red.
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