In a first of its kind by a media house, the recently released Outlook ESGBharat Survey 2023 highlighted how the ESG needle is moving in terms of discourse, preparedness and response in India.
The survey findings threw light on the business leaders’ pulse, assessed readiness for ESG reporting and disclosure, evaluated sectoral perspectives, identified imperatives and drivers, delved into the impact of global and national standards and frameworks, and offered insights for building a sustainable future.
A majority of senior corporate leaders (80 per cent) perceive environment as the most important aspect of ESG for their business value chain. Half of them (50 per cent) recognise that managing a robust and sustainable supply chain is among the top challenges. Over 95 per cent place compliance with statutory requirements as the most important driver for value generation through ESG. Less than 8 per cent said that unprecedented challenges posed by COVID-19 had minimal impact on the progress of their company’s ESG efforts.
These are the findings of the Outlook ESGBharat Survey 2023 conducted by the Outlook Group with BDO India, a professional services firm, as the knowledge partner. Toluna, a market research company, was the technology partner for data collection. The survey took six sectors into account: financial and services; energy and industries; fast-moving consumer goods; healthcare; infrastructure; information and communications technology.
Esta historia es de la edición August 2023 de Outlook Business.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 2023 de Outlook Business.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
From Chandni Chowk to Global Recognition
For Manish Aggarwal, director at Bikano, Bikanervala Foods, the family business was not just a responsibility but a passion he took to the global stage
Spotting AI Scams
Al has become an integral part of our lives, from customer service no insurance claims. But it is also becoming a tool for fraudsters who use it to scam individuals and corporations
Let a Hundred Flowers Bloom
On the banks of the Ganges in industrial Kanpur, a start-up has blossomed that turns waste flowers into incense
BATTERY LOW
India produces enough green energy to power many of its largest cities yet lacks the storage to use it efficiently. A nation blazing forward must leap ahead in battery technology to stay on course
We Have Everything Going for Rajasthan
Rajyavardhan Singh Rathore, Rajasthan’s industry and commerce minister, tells Pushpita Dey why the state is suited to become a hub for investments.
Dairy and Other Dilemmas
India’s refusal to open its dairy market has complicated trade negotiations for years. As global partners demand concessions, is the cost of protectionism outweighing benefits?
Riding in a Maze
As gig workers ride into an uncertain future with little more than a smartphone and a bike, the government is struggling to arrange a socialsafety net. But millions without social security is recipe for disaster
BIRLA'S BIGGEST BATTLE
As Kumar Mangalam Birla completes 30 years at the helm of the Aditya Birla Group, he has a battle to defend his businesses and conquer new ones
THE INNOVATION LEAP
India dreams of becoming a product nation. But unless the corporate sector significantly increases spending on R&D, the country will continue to lag behind global peers
EDUCATION BUDGET MUST DOUBLE EVERY 3 YEARS
Veezhinathan Kamakoti, a renowned academic and director of Indian Institute of Technology Madras, tells Deepsekhar Choudhury on what technology sovereignty means for India and how it can propel the country towards its vision of becoming a developed nation by 2047.
