SIDBI – D&B SPeX

October 7, 2022

Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet have recently inked a Memorandum of Understanding (MoU) to create the SIDBI-D&D Sustainability Perception Index (SIDBI – D&B SPeX).

Key facts

The SIDBI – D&B SPeX will be released every quarter to nudge businesses towards adopting Environmental, Social and Governance (ESG) framework in their business strategy over the coming years.
It is capture the sentiments of businesses on various business parameters, which will be analysed broadly to provide valuable insights on the adoption of ESG framework.
The index will later be expanded to include the sectoral and sub sectoral perceptions or aspirations as well as preparedness of businesses to improve their ESG.
The survey will encompass views about the previous quarter as well as the outlook for the upcoming quarter. This enables assessment of changing sentiments over a 6-month period.
The survey will cover sentiments and awareness of over 250 MSMEs each quarter from the D&B/SIDBI database of MSMEs.
It will help assess the role and consequences of regulations and government policies on environmental practices of MSMEs and how such practices are hindering the environmental sustainability of the sector.
It will also cover the role and impact of social aspects like community, diversity, equal opportunity and competition.
It will also capture data on critical events that have impact on the MSME sector.
It will analyse the implementation of sustainability practices across the value chain and assess the impact of internal drivers in various organizations.
The index will improve the experience of investors, create benchmark for sustainable businesses and business practices providing value for all stakeholders.
Its ultimate aim is to make Indian economy and markets more attractive for sustainable capital and investment.

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