India Inc. leverages ESG push to gain a competitive edge and attract investments: Jatinder Cheema
India Inc. has responded favourably to the government's initiative, acknowledging that adopting ESG principles is beneficial for compliance but also enhances long-term business sustainability. Numerous Indian companies are now prioritising initiatives to decrease their carbon footprint, promote social equity, and strengthen governance frameworks. However, these companies must now actively develop capabilities for adjusting to new reporting norms and occasionally realigning their business strategies says advocate Jatinder (Jay) Cheema who serves on the US-India Gas Task Force constituted by the Department of Energy, United States, along with the Ministry of Petroleum and Natural Gas, Government of India.
How do you see the Indian government’s push for the ESG and India Inc.’s response to the same?
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Offering CollegeCourseWebsiteIIM LucknowChief Operations Officer ProgrammeVisitUniversity of Western AustraliaUWA Global MBAVisitIIM LucknowChief Executive Officer ProgrammeVisitThe Indian government's push for ESG criteria is a commendable step towards fostering sustainable development. The initiative aligns with global trends where ESG considerations are increasingly becoming integral to business operations and investment decisions.
The government has introduced several policies and regulations to promote ESG. For example, the market regulator SEBI has mandated that the top 1,000 listed companies provide Business Responsibility and Sustainability Reports
