BOTH CHALLENGES AND OPPORTUNITIES ABOUND: Outlook ESGBHARAT: SURVEY 2023
Outlook Business|August 2023
The speakers at the survey release deliberate on how the ESG agenda is moving up the corporate agenda, the challenges it faces and the way forward
Naina Gautam
BOTH CHALLENGES AND OPPORTUNITIES ABOUND: Outlook ESGBHARAT: SURVEY 2023

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.

Bu hikaye Outlook Business dergisinin August 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Outlook Business dergisinin August 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

OUTLOOK BUSINESS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
From Chandni Chowk to Global Recognition
Outlook Business

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

time-read
2 dak  |
January 2025
Spotting AI Scams
Outlook Business

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

time-read
6 dak  |
January 2025
Let a Hundred Flowers Bloom
Outlook Business

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

time-read
3 dak  |
January 2025
BATTERY LOW
Outlook Business

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

time-read
6 dak  |
January 2025
We Have Everything Going for Rajasthan
Outlook Business

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.

time-read
3 dak  |
January 2025
Dairy and Other Dilemmas
Outlook Business

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?

time-read
7 dak  |
January 2025
Riding in a Maze
Outlook Business

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

time-read
7 dak  |
January 2025
BIRLA'S BIGGEST BATTLE
Outlook Business

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

time-read
6 dak  |
January 2025
THE INNOVATION LEAP
Outlook Business

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

time-read
4 dak  |
January 2025
EDUCATION BUDGET MUST DOUBLE EVERY 3 YEARS
Outlook Business

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.

time-read
3 dak  |
January 2025