India Inc. Sprints Towards The Green Line
Sustainability takes centre stage as businesses combine economic and ESG goals.
Sustainability takes centre stage as businesses combine economic and ESG goals.
...but smaller Indian corporates still to follow high standards in ESG reporting and action.
Bengaluru tops all Indian cities with the highest green-compliant office buildings, accounting for around 30% of the total pan-India stock.
While big corporates are taking the lead on ESG goals, smaller players are hoping for a trickle-down effect to get their efforts going.
Gautam Adani-led conglomerate releases a compendium of its environmental, social, and corporate governance performance for FY23
From merely being a philanthropic pursuit, organisations have also realised why achieving sustainable goals was important from a business point of view.
In India, the area that is getting the greatest capital flow is renewable, says Jenny Davis-Peccoud, founder and co-leader, Global Sustainability & Responsibility Practice, Bain & Company.
A survey conducted by Accenture found that 60% of the companies surveyed are planning to report under any available circular economy (CE) measurement frameworks in the next one year.
Opportune time for ESG-compliant companies to go public. In March 2022, 10% of assets invested in funds worldwide were in ESG funds