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The increasing focus on Environmental, Social, and Governance (ESG) principles across various sectors has permeated the hospitality industry, changing the landscape of traditional lodging and making way for the rise of conscious hotels. These establishments not only promote sustainable and ethical practices but also reap financial benefits, dispelling the myth that ethical responsibility and profitability…
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The mining sector, historically characterised by its intensive resource extraction processes and substantial environmental footprints, is undergoing a transformation. This metamorphosis is driven largely by Environmental, Social, and Governance (ESG) considerations. ESG has evolved from being a mere buzzword to becoming a crucial determinant in the future and viability of mining enterprises. The importance of…
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The burgeoning discourse on Environmental, Social, and Governance (ESG) issues has found an indelible place within the global business sphere. One industry where the significance of ESG is felt profoundly is the tea sector, more specifically the Indian tea gardens that significantly contribute to global tea production. India, the world’s second-largest producer of tea, boasts…
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Introduction In recent years, the global IT sector has witnessed a remarkable transformation as companies increasingly embrace Green IT initiatives to address environmental challenges. Simultaneously, Business Responsibility and Sustainability Reporting (BRSR) strategies with Environmental, Social, and Governance (ESG) as the overarching theme have gained prominence. This article delves into the significance of Green IT initiatives…
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The digital revolution, although transformative, has raised several social, ethical, and environmental questions, thereby necessitating the integration of Environmental, Social, and Governance (ESG) principles into the IT industry’s core strategies. One such emerging strategy is the Balance, Robustness, Sustainability, and Responsiveness (BRSR) strategy. This 700-word article elucidates how the BRSR strategy, focused on ESG, is…
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INTRODUCTION TO ENVIRONMENTAL AND SOCIAL GOVERNANCE Every business is deeply intertwined with environmental, social, and governance (ESG) concerns. Therefore, a strong ESG proposition can create value for it. Environmental, social, and governance (ESG) criteria are a set of standards for a company’s behaviour used by socially conscious investors to screen potential investments. Applying this approach…
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First let us discuss the basics of ESG- The E in ESG captures energy efficiencies, greenhouse gas emissions, carbon footprints, biodiversity, climate change and pollution mitigation, waste management and water usage. The S covers labour standards, wages and benefits, workplace and board diversity, racial justice, pay equity, human rights, privacy and data protection, health and…
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INTRODUCTION With the increasing mandate of transparency that is demanded from all major organizations, ESG or Environmental, Social and Governance Reporting is an innovative way to ensure the same. An ESG Report is a document that outlines the environmental, social, and governance (ESG) implications of a firm or organisation. ESG REPORT AND ITS IMPORTANCE ESG…
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The outbreak of the Covid-19 pandemic has left the world in disarray. It has transformed the social landscape of the entire world. In the wake of this pandemic, India too has to face unfamiliar challenges. It has distressed the healthcare sector, which was caught unprepared to tackle thousands of Coronavirus cases. The lockdown has put…
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