Sustainability is about being on the right side of history rather than being approached as an opportunity. To get eyeballs to sustainability, sometime back, sustainability as opportunity line of communication started. Over the years, it has gained wide popularity as a financial and economic intervention rather than a responsibility purview. Take the term ‘sustainability management’;… Continue reading There is a problem in approaching sustainability as an opportunity
Category: ESG/Sustainability
COP28 Declaration and Painkillers
On the second day at Davos, I had a splitting headache while attending the World Economic Forum meetings. My colleague (friend) offered me Ibuprofen tablets. Within 20 minutes, I was relieved and speaking in a panel and discussing the COP 28 declaration and the road map to a sustainable future. After the panel discussion, out… Continue reading COP28 Declaration and Painkillers
Sustainable Future @ the Speed of Trust
As the world leaders converge to Davos for the World Economic Forum annual event, the underlying theme that will cut across the discussions will be “Rebuilding Trust.” This builds from the most ubiquitous buzzword from last year’s WEF gathering – “poly-crisis”. The term polycrisis is defined as a cluster of related risks with compounding impacts… Continue reading Sustainable Future @ the Speed of Trust
The Onerous BRSR Core – Value Chain Reporting
The Business Responsibility and Sustainability Reporting (BRSR) reporting requirements were published by SEBI in May 2021 applicable to the top 1000 companies. Since the notification was already one month into the financial year 2021-22, the filing of BRSR was made voluntary for that year and mandatory for financial year 2022-23. But when the amendments to… Continue reading The Onerous BRSR Core – Value Chain Reporting
S&P ESG Score Analysis of Nifty 100
This is the analysis of 2022 S&P ESG Scores of Nifty 100
Five pointers to avoid Greenwashing
The commitments made by companies around sustainability are not campaign promises politicians make, there is a much higher degree of accountability. Having said that, there is huge amount of discussion on greenwashing in recent times. Greenwashing – the actions of an organization deviating from what it is stating on environmental consciousness. Greenwashing can be easily… Continue reading Five pointers to avoid Greenwashing
Private Multilateralism
It was in 1911, The Devil’s Dictionary was published. The idea of a corporation or a company that is encapsulated in that dictionary has been around for over a century. But if Bierce was around and had to define the company again, there would likely be a shift. Indeed, the profits do remain, but there… Continue reading Private Multilateralism
Cow Burps, Chickens and Climate Change
Just a month or so back, a friend asked me in jest if he could get carbon credits by not drinking beer. His argument was that he was saving on the CO2 that would have otherwise escaped as burps by not drinking beer! If the reduction of cow burp (god bless them!) could earn credits,… Continue reading Cow Burps, Chickens and Climate Change
Carbon Offset – Important Ingredient to a Net-Zero strategy
No company can reach a Net-Zero commitment without Carbon Offset. Zero is the hero when it comes to carbon offset. Every business will have to pay for the right to release GHG emissions in the coming future. If, as an organization, you are not working on your offset strategy, you will enter the game with a handicap, and there are no special privileges that you will get for the same.
This article is a guidance on how to evolve the organisations carbon offset strategy.
Limited Or Reasonable?
As regulations worldwide strengthen in the ESG (Environment, Social and Governance) space and the term non-financial is tending towards extinction, a new level of discussion is emerging around the assurance of ESG disclosures — Limited or Reasonable! The European Commission’s (EC) Corporate Sustainability Reporting Directive (CSRD) proposal introduces an EU-wide requirement for limited assurance on… Continue reading Limited Or Reasonable?