Sector-wise ESG Risk Score Analysis of Indian Companies: A Comparative Study

Responsible investment philosophies like Environmental, Social and Governance have emerged as a comprehensive response to different societal challenges. The ESG thinking provides a structured approach to align investment decisions with long-term sustainability and responsible development goals. Quantitative and descriptive research design is implemented for the secondary data of ESG data for the period of 2024. The data is initially analysed using summary statistics to understand the distribution pattern of the data, additionally ANOVA is used to study the significant difference in mean ESG scores across different sectors and the final results reveals that there is a statistically significant difference in mean ESG risk across various sectors.