ESG is not about Ticking Boxes
Environment, Social & Governance or ESG is not merely about ticking boxes; it’s about building a fundamental base for the transformation towards sustainable business practices
Global Recognition: Tech Mahindra Shines in DJSI 2024
In the prestigious ‘TSV IT Services’ segment, Tech Mahindra secured the top (1) spot in India and a #2 position globally, scoring 88 and a ranking in the 100th percentile.
China Introduces Standards for Corporate Sustainability Disclosure
Launched this month, the Basic Standards for Corporate Sustainability Disclosure aim to guide businesses align their sustainability practices with global ESG mandates.
SEBI Defers ESG Disclosure Deadline for Value Chain Partners to FY26
SEBI has extended the ESG disclosure deadline for value chain partners of listed companies to FY26, allowing more time for compliance with BRSR requirements.
Green Sustainability’ is No Longer an Option: Dr. Jitendra Singh
Union minister Dr. Jitendra Singh has called for collective action to achieve green sustainability, emphasizing the need for tech-driven solutions.
India’s Solar Equipment Manufacturing Capacity to Rise by FY2027-28
India’s solar equipment manufacturing capacity is projected to grow in the next 2-3 years, with capacities of around 80 GW and 50 GW
EVA Air joins DJSI and leads S&P Global Rankings
Based on EVA Air’s leadership and commitment to sustainable (ESG) practices, the airline secured the top rank in the global airline industry in this year’s S&P Global Corporate Sustainability Assessment.
What does the Draft NESRS have in Store for Non-EU Parent Companies in Sustainability Reporting Standards?
The draft NESRS addresses sustainability topics such as climate change, pollution, water resources, biodiversity, circular economy, workforce, and business conduct.
GRIHA Launches Infrastructure Rating for Highways & Ports
As per GRIHA, offering standardized frameworks for evaluating and improving infrastructure performance, both ratings seek to promote sustainability
Coca-Cola refocuses on water, packaging and emissions reduction
As part of its ongoing sustainability effort, the global giant Coca-Cola announced updated voluntary environmental goals for 2035.
Himalaya Wellness Company Optimizing Sustainability Goals with SAP
Himalaya Wellness Company is integrating SAP’s RISE with SAP sustainability solutions to optimize its supply chain, power, and water use
The world’s eyes turn to Riyadh as COP16 kicks off
Global dignitaries, policymakers, scientists, and NGOs will engage in intense discussions as part of the ‘critical’ UN meeting to restore land at the 16th Conference of the Parties (COP16)
Singapore’s Top 100 Outperform Global Benchmarks in Sustainability Reporting
According to a new KPMG report, Singapore’s top 100 companies excelled in sustainability reporting, leading globally in ESG integration and climate risk recognition
ESG Trends and Opportunities for APAC Enterprises
The potential for APAC enterprises to meet their ESG commitments is through technological advancements, policy pushes, renewable energy adoption, and mid-to-long term insights
COP29: Mission Accomplished?
The Baku Finance Goal (BFG) has set a new commitment of $1.3tn of climate finance to the developing world each year.
CSR vs. ESG: Not Identical Twins
There is a common misperception that achieving CSR or Corporate Social Responsibility means achieving ESG objectives.
How Private Equity can Optimize ESG for Value Creation?
Private equity firms can position portfolio companies as sustainability leaders, attracting a wider range of bidders and making auction procedures more competitive
TPREL, IndusInd Bank for Solar Energy Finance to MSEs
Through loans ranging from ₹ 10 lakh to ₹ 2 crore, TPREL and IndusInd Bank will give MSEs access to solar financing without the need for collateral
Is S the Blindspot in ESG?
Yesterday evening marked a major milestone for WriteCanvas and ASSOCHAM. Having released the synopsis of research report Is S the Blindspot in ESG? In June, we released the detailed survey.
Sustainable Investing Gaining Traction In the Financial Markets
Sustainable investing has surged with ESG-focused funds and assets under management, indicating a growing demand for ethical investment options.
MSMEs Focusing on Governance Component of ESG
MSMEs see profits and cost-saving benefits in sustainability but need support for efficiency goals: SIDBI – D&B SPeX.
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MSMEs see profits and cost-saving benefits in sustainability but need support for efficiency goals: SIDBI – D&B SPeX.
Three important Sustainability Updates
Oil India, NABARD, and a Union Minister highlighted the importance of sustainability and ESG in three separate incidents.
The Importance of ESG Framework and Integration into Business
Two GoI officials recently underscored the importance to integrate ESG into business practices and the significance of an ESG framework.
The Climate-Social Story of Kerala
This Social Story of Kerala is an unpresented social connect between human beings and communities being witnessed after the Wayanad tragedy
IICA, HP India, Launch ESG Professional Program
The ESG Professional program is a significant step towards building a sustainable and responsible corporate ecosystem
Is Corporate India Fuelling Climate Change?
Corporate India, despite having the resources and grit to take a proactive stance on climate action, largely remains a passive observer
DEI Weighs High, But Shunted by Corporates?
The trend is in contrast to DEI reports by market analysis and advisory companies, despite the lack of consolidated data on the issue
How Prepared Are the Indian CFOs for Climate Reporting and Compliances?
A recent Accenture survey has revealed that only 22% of CFOs are ready for climate reporting and assurance requirements, globally
New L&T CMD S N Subrahmanyan Outlines ESG Plans
S N Subrahmanyan outlined plans to enhance green energy capacity, encourage women’s participation in the workforce and community development
Mindspace REIT Secures Rs 650-crore SLL bond from IFC
The coupon of the 7-year bond is linked to Mindspace REIT’s commitment to achieve certain ESG targets towards building a greener ecosystem
Presenting a right sustainability narrative imperative to achieve SDGs: IMC banking conference
Experts discussed the pivotal role that the banking, non-banking, and financial industry is playing in the government of India’s ambitious financial inclusion drive during a day-long event
Why is the Social Component Important in ESG?
Indian businesses are enhancing their social component by fostering an inclusive corporate culture and developing their annual ESG strategy
Offset Measures, Implementation, Key to Tackle Climate Crisis
Four distinguished panelists discuss the profound effects of climate change on the planet, focusing on strategies to mitigate it
Is Social the Blindspot in ESG?
Our research suggests that many organizations are neglecting this critical area or limiting their social efforts to CSR initiatives
ASSOCHAM Webinar on World Environment Day
ASSOCHAM South has on-boarded WriteCanvas to host a webinar titled: Leading the Way: Driving Environmental Innovation, on June 5
Are corporates using the BRSR loopholes rope to climb up?
Recent surveys reveal market regulator’s questionnaire format lapses and the corporate sector’s use of BRSR loopholes for their benefit
SEBI Outlines Value Chain Disclosure Provisions in BRSR Core
SEBI has outlined ESG provisions for the value chain, including upstream and downstream partners and reporting of KPIs in BRSR Core
Sustainability a priority for 50% CEOs
A recent survey shows CEOs are committed to decarbonizing their businesses to reach net zero, with over half prioritizing it
Why is the Social component important in ESG?
Our endeavor to focus on the social component of ESG is being widely appreciated. Our Editor, Sonal Desai, is in conversation with Vikram Shetty of 73bit with more details.
AI Washing Eroding Trust in ESG Initiatives?
AI washing can undermine transparency and erode trust in ESG, creating further hurdles in recognizing genuine sustainability efforts.
WriteCanvas Joins Forces with GreenFi
WriteCanvas, a Mumbai-based knowledge powerhouse, has partnered with GreenFi, a Singapore-based company specializing in ESG risk analysis.
The Paradox of Women’s Leadership
While celebrating the increasing number of women in senior leadership positions is crucial, a more sustainable approach is needed.
Sustainability Disclosure netting corporate sector
Starting in 2025, Singapore has mandated climate-related reporting, emphasizing the benefits of sustainability disclosures
ESG Dynamics Changing in the US
The US’s ESG dynamics are still changing due to investor preferences, consumer purchasing patterns, and geopolitics
DHL, Aragen Partner for Scope-3 Emissions
With the scope-3 emission reduction partnership in place, Aragen is DHL Express’s first SBTi customer in India
Crowning Glory: WriteCanvas Wins Sustainable Steward Award!
This award cements our determination to provide creative and interactive narratives for clients who want to convey their green stories to stakeholders.
6 ESG Trends that will Influence Credit Outlook in 2024
Moody’s ESG Outlook 2024 predicts that the six key ESG trends will impact credit strength in industries vulnerable to the carbon transition
Textile MSMEs Embracing Sustainability
India is the only one with an end-to-end value chain and the USP of servicing small lot orders and niche hand-crafted textile products.
Why Should Companies Prepare a Sustainability Report?
A sustainability report is a crucial tool for companies seeking to gain a competitive edge in a fiercely competitive market
10 Key Sustainability Regulations to watch out for in 2024
The sustainability regulations list includes compliances that will impact the MSMEs
Indian MSMEs to be in Spotlight in 2024
The MSMEs which constitute more than 80 percent of the country’s value chain, must now focus on ESG and sustainable business practices
Social Finds Emphasis at BRSR workshop
In a recent workshop, speakers highlighted the significance of social responsibility and the impact of investments on businesses
Sustainable Individual Development: Balancing Work, Life, and Health
Sustainable individual development has emerged as one of the key focal points, particularly under the ESG compliance
Mercedes-Benz launches e-Trucks in Hongkong
Mercedes-Benz has launched two new e-trucks in Hongkong to support the country’s carbon neutral commercial transportation
DEI: What is prevalent, Greenwashing?
It is sad to see that greenwashing in each segment of ESG is prevalent. We have also noticed that the ‘S’ factor of ESG is the least cared for.
Is ESG losing steam?
Is ESG being pushed over to maintain profits? It is time, ESG is dusted off the silos and integrated into the mainstream
ICRA to Foray in ESG Rating
Credit rating agency ICRA has applied for an ESG Rating Provider (ERP) license under its wholly-owned subsidiary, ICRA ESG Ratings Ltd
Indian automotive sector: in pursuit of sustainability
The auto sector accounts for 4.5% of India’s merchandise exports, it is also responsible for 1.4% of the country’s annual greenhouse-gas emissions. Implementing sustainability priorities could help India achieve net-zero emissions.
MSCI Launches Sustainability Institute
The MSCI Sustainability Institute aims to advance the role of capital markets in creating sustainable value and tackling climate change
Decoding the ESG matrix: Understanding the factors that shape it
Globally, the political landscape, protests, the potential to manipulate the numbers, and the practise of “greenwashing” are a few issues dominating the sustainability landscape.
CAs must learn about Carbon, CSR, ESG practices: Nirmala Sitharaman
Union finance minister Nirmala Sitharaman urged the chartered accountants in the country to learn about carbon, CSR, and ESG practices; and implement the same in their business practice. She stressed the need for the CAs to familiarize themselves with national and international accounting standards, regulatory frameworks, and compliance mandates for carbon accounting, CSR and ESG.
FICCI to establish Centre for Sustainability Leadership
The Federation of Indian Chambers of Commerce & Industry or FICCI is establishing the Centre for Sustainability Leadership. Hindustan Unilever Limited (HUL) has already signed on as its founding member. The centre will focus on: 1. Institutionalizing sustainability leadership, decarbonization, Green entrepreneurship and Nature-based solutions 2. Supporting small and medium enterprises (SMEs), start-ups, and large
PwC to launch nature and biodiversity-focused practice
Global market advisory firm PwC has a series of initiatives aimed at boosting its global nature and biodiversity capabilities. The New Equation: The new initiative follows PwC’s launch in 2021 of its global strategy—The New Equation. This includes: • Plans to invest $12 billion over five years, • ESG as one of the key focus
Entry barriers!
Entry barriers! I am sure the sentence resonates with my friends in sales and marketing organizations. Does it not? Folks, each one of us—across business categories, across designations including the C-Suite has faced entry barriers. These do not come just from nay-sayers who oppose any new idea or innovation, but a new breed of defensive
How technology is helping enterprises to embrace sustainability?
Experts are emphasising the significance of sustainable business practices and the importance of sustainability in our daily lives. I want to emphasize the importance of technology.
Five challenges hindering ESG adoption in India
India can become an attractive destination for ESG investments and contribute to a more sustainable future
Sustainability is key for manufacturing: Jindal Stainless
Sustainability has taken the centre stage in the manufacturing sector.
