Join us on DAY 1 | Panel 2 of Sanrakshan - The Business Sustainability Conclave for an insightful Panel Discussion! Our upcoming panel discussion will delve into Measuring and Reporting Sustainability: Standardizing Sustainability Reporting Frameworks, Integrating ESG Metrics into Business Strategy, and Stakeholder Communication. Meet the Panelists: Pramod Pandey, Ph.D., PMP® - Global Health & Safety Engineering Leader (Corporate), Philips Dr Pandey brings vast experience in corporate health and safety standards, which is vital for understanding how sustainability metrics can be integrated into global corporate practices. Sheetal Sharad - Chief Ratings Officer, ICRA ESG Ratings Sheetal's expertise in ESG ratings is crucial for discussing the standardization of sustainability reporting and ensuring consistent and reliable evaluations. Aalok A. Deshmukh - Co-Founder & Managing Director, SuperHumanRace Aalok’s leadership in driving sustainable business practices positions him perfectly to address how ESG metrics can be effectively incorporated into business strategies. Dr. Remant Kumar Tiwari - Director, Deloitte With a strong background in advisory services, Dr. Tiwari’s insights into stakeholder communication will highlight the importance of clear and transparent sustainability reporting. Moderator: Richa Ahuja - Associate, MSCI Inc. With her expertise in ESG research and analysis, Richa will steer the discussion to ensure a comprehensive exploration of sustainability reporting and its impact on business strategy. Date: 24/08/2024. Time: 3:30 PM Join us as we explore the critical aspects of sustainability reporting and its growing importance in the business world! #SANRAKSHAN2024 #Sustainability #ESG #BusinessStrategy #StakeholderCommunication #IIMLucknow #BusinessSustainability #Leadership
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Director & Lead Consultant at TeamTech Environment Health and Safety Private Limited
🎉 We’re excited to announce the release of our Fourth ESG Informational Booklet, focusing on the essential topic of Mandatory Sustainability Reporting in India!📘 This milestone was made possible by the incredible support of the ESG community. 🙏💚 At TeamTech EHS, our mission is to simplify complex ESG information, making it easy to understand and apply. In this booklet, we provide essential summaries to help organizations enhance their Business Responsibility and Sustainability Reporting (BRSR) practices, promoting transparency and accountability 📊 in operations. 📚 Stay tuned for more valuable insights as we continue our informative series! Remember, we’re here to support all your ESG consulting needs—with a smile! 😊 Thank you once again to everyone for your overwhelming support! 💖 TeamTech Environment Health and Safety Private Limited #ESG #TeamTechEHS #Sustainability #BRSR #BusinessResponsibility #Transparency #Accountability #TeamTechEHS #SustainableBusiness #EHSConsulting #SustainabilityReporting #LeadershipInESG #ESGCompliance #GreenFuture 🌿 #EmpoweringChange #Leaflet #Learning #CSR #Sustainability #Masterclass #Mumbai #CorporateGovernance #RiskManagement #GlobalStandards #ProfessionalDevelopment #Leadership #BusinessEthics #ESGpractice #BRSReporting #ESGreport #stakehlders #Organization #Businessgrowth #Management #Operations #Developments #Event #ESGRegulations #industries #Sectors #EHS #Sustainabilityprofessional #ESGprofessional #Sustainabilityofficer #investors #management
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Implementing Environmental, Social, and Governance (ESG) initiatives can have profound benefits for organizations in the Micro, Small, and Medium Enterprise (MSME) sector, impacting both their bottom line and enabling passive top-line growth. Here’s a concise overview: **1. Enhanced Reputation and Brand Value:** Proactive ESG measures improve an organization's reputation, making it more attractive to customers, investors, and partners who prioritize sustainability and ethical practices. This enhanced reputation can lead to increased customer loyalty and attract new business, contributing to top-line growth. 🌟 **2. Operational Efficiency:** ESG initiatives often focus on reducing waste, optimizing resource use, and improving energy efficiency. These actions lead to cost savings by lowering utility bills, reducing waste management costs, and minimizing regulatory fines. These savings directly improve the bottom line. 💡 **3. Access to Funding and Investments:** Many investors and financial institutions now prioritize ESG criteria when making investment decisions. MSMEs that demonstrate strong ESG practices are more likely to secure favorable funding options, including lower interest rates and access to green financing, which can fuel further growth and development. 💰 **4. Employee Engagement and Talent Attraction:** A strong commitment to ESG principles can make an organization more appealing to potential employees, especially the younger generation who often prioritize purpose and sustainability in their work. Higher employee engagement leads to increased productivity and lower turnover rates, which indirectly boosts the bottom line. 👥 **5. Regulatory Compliance and Risk Management:** By adopting ESG initiatives early, MSMEs can stay ahead of regulatory changes and avoid costly penalties. This proactive approach reduces the risk of disruptions and ensures long-term operational stability. 🛡️ **6. Market Expansion:** ESG initiatives can open new markets and customer segments for MSMEs. For instance, developing eco-friendly products or services can appeal to environmentally conscious consumers, helping businesses tap into these lucrative markets and drive revenue growth. 🌍 By integrating ESG into their core strategy, MSMEs not only enhance their sustainability and ethical standing but also position themselves for both immediate financial benefits and long-term growth. To discuss further, reach out to Anurakshana Consultancy by writing to Gautam@anurakshana.com Gautam Tyagarajan Vaidyanathan Chandramouli #ESG #Sustainability #MSME #BusinessGrowth #OperationalEfficiency
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Advisor, Consultant, Speaker & Trainer | Empowering IKIGAI through Process | AI Enthusiast & Prompt Engineer | Sustainability, Resilience & Privacy Champion | ESG, GHG, LCA 💼🌍🔐 | BCI Resilience Volunteer 2024 🏆
our new venture will cater to end to end ESG including defining & implementing strategies for practive sustainability measures. Gautam Tyagarajan #esg #sustainability #liabilitymanagement #anurakshana
Implementing Environmental, Social, and Governance (ESG) initiatives can have profound benefits for organizations in the Micro, Small, and Medium Enterprise (MSME) sector, impacting both their bottom line and enabling passive top-line growth. Here’s a concise overview: **1. Enhanced Reputation and Brand Value:** Proactive ESG measures improve an organization's reputation, making it more attractive to customers, investors, and partners who prioritize sustainability and ethical practices. This enhanced reputation can lead to increased customer loyalty and attract new business, contributing to top-line growth. 🌟 **2. Operational Efficiency:** ESG initiatives often focus on reducing waste, optimizing resource use, and improving energy efficiency. These actions lead to cost savings by lowering utility bills, reducing waste management costs, and minimizing regulatory fines. These savings directly improve the bottom line. 💡 **3. Access to Funding and Investments:** Many investors and financial institutions now prioritize ESG criteria when making investment decisions. MSMEs that demonstrate strong ESG practices are more likely to secure favorable funding options, including lower interest rates and access to green financing, which can fuel further growth and development. 💰 **4. Employee Engagement and Talent Attraction:** A strong commitment to ESG principles can make an organization more appealing to potential employees, especially the younger generation who often prioritize purpose and sustainability in their work. Higher employee engagement leads to increased productivity and lower turnover rates, which indirectly boosts the bottom line. 👥 **5. Regulatory Compliance and Risk Management:** By adopting ESG initiatives early, MSMEs can stay ahead of regulatory changes and avoid costly penalties. This proactive approach reduces the risk of disruptions and ensures long-term operational stability. 🛡️ **6. Market Expansion:** ESG initiatives can open new markets and customer segments for MSMEs. For instance, developing eco-friendly products or services can appeal to environmentally conscious consumers, helping businesses tap into these lucrative markets and drive revenue growth. 🌍 By integrating ESG into their core strategy, MSMEs not only enhance their sustainability and ethical standing but also position themselves for both immediate financial benefits and long-term growth. To discuss further, reach out to Anurakshana Consultancy by writing to Gautam@anurakshana.com Gautam Tyagarajan Vaidyanathan Chandramouli #ESG #Sustainability #MSME #BusinessGrowth #OperationalEfficiency
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Business Journalist | Content Specialist (Business, Future Mobility, Startups, Sustainability & Green Technology)
I recently had the privilege of speaking with Pramod Pandey, Ph.D., PMP® Pandey, Global Health & Safety Engineering Leader at Philips. We discussed the critical role of ESG in corporate sustainability, integrating ESG into business operations, and impactful initiatives like "Green Logistics." Dr. Pramod also shared insights on emerging trends such as climate action and circular economy. 👉 Read the full interview here: https://lnkd.in/dsHMmVJa 📲 Subscribe to our WhatsApp channel for the latest updates: https://lnkd.in/gkeTccTp #ESG #Sustainability #CorporateLeadership #Innovation #GreenLogistics #ClimateAction #CircularEconomy #CorporateSustainability #Philips #tvwnewsindia #tvwnews
We are excited to share our latest interview with Pramod Pandey, Ph.D., PMP® the Global Health & Safety Engineering Leader at Philips. With over 18 years of experience in EHS and Sustainability, Dr. Pramod is a visionary leader driving transformative change. In this insightful discussion, Dr. Pramod explores his passion for ESG, inspired by the philosophy of "Loka Samastah Sukhino Bhavantu." He shares strategies for integrating ESG into business operations, highlighting impacts on brand reputation, stakeholder trust, and efficiency. Dr. Pramod also discusses a successful "Green Logistics" initiative, key metrics for measuring ESG success, and emerging trends like climate action and circular economy. He emphasizes the need for companies to stay ahead of regulatory changes and invest in sustainable innovation. Read the full interview here: https://lnkd.in/g7WybxtJ Subscribe to our WhatsApp channel for the latest updates: https://lnkd.in/gkeTccTp #ESG #Sustainability #CorporateLeadership #Innovation #EnvironmentalStewardship #DrPramodPandey #RoyalPhilips #GreenLogistics #CorporateSustainability #FutureOfBusiness #tvwnewsindia
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Founder of ESG for In-house | Ex. Chief Legal Officer, General Counsel, and Chief Sustainability Officer | Entrepreneur | Thought Leader | Committed to making companies more profitable, sustainable, and human-centric
Curious about ESG but don’t know where to start? I’ve got the perfect solution for you! One of my favorite sustainability leaders, Nawar Alsaadi, FSA, SIPC has created a FREE virtual ESG course composed entirely of publicly available resources. This is a fantastic opportunity to dive deep into ESG topics without spending a dime What’s in store? Each week, Nawar has posted 5-10 readings/videos focusing on a specific ESG-related topic. Here’s the release schedule: July 21: Introduction to ESG July 28: Environmental Factors in ESG August 4: Social Factors in ESG August 11: Governance Factors in ESG August 18: Integrating ESG in Corporate Strategy August 25: ESG Reporting & Measurements Sept 1: Sustainable Investing Sept 8: Sustainability Policy & Regulations Sept 15: Case Studies Nawar’s mission aligns with mine: to make ESG more accessible, dispel misconceptions, and elevate the quality of sustainable business discourse. He’s doing an incredible job, Whether you’re new to ESG or looking to expand your expertise, this 9-week course is a perfect way to get started. 👉 Follow Nawar. And review his posts on each of the release dates. You won't regret it. For more information, a l*nk to the launch post is in the comments. #curiESG
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🚀 Staggering results by Théodore & Associates’ clients on ESG implementations 🚀 At Théodore & Associates, we've always believed in the power of ESG practices to improve the way SMEs operate in the long-term. Our recent work with international clients has yielded some extraordinary results, and we're excited to share these with the LinkedIn community! - Improved Reputation: Up to 20% increase in customer loyalty - Employee Attraction/Retention: Up to 25% higher morale and retention - Risk Mitigation: Reduction in regulatory risks by up to 30% - Operational Efficiency: 15-20% reduction in energy consumption - Investment Opportunities: 10-15% increase in ESG-focused investments We're proud of these achievements and are committed to continuing our journey in transforming businesses by incorporating ESG practices 🎉 💻 With an international expertise in ESG implementation in SMEs, Théodore & Associates is your perfect partner for incorporating ESG practices into your company and business plan! 📞 Contact us today to discuss how we can incorporate ESG practices to your business. Let's build a smarter and more sustainable future together. #esg #sustainability #growth #consulting
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🌍 Is Sustainability a Strategic Differentiator or a Necessity? 🌱 As more companies worldwide adopt sustainability practices, the debate over their long-term impact grows. Can these practices lead to superior financial performance, or are they just a strategic necessity for survival? 🤔 A recent study using MSCI ESG Ratings data (2012-2017) on 3,802 companies highlights key findings: - 🌱 Convergence across industries: Most industries are adopting increasingly similar sustainability practices, suggesting they're becoming common practice. - 🚀 Early adoption by market leaders in industries drives faster convergence, particularly in sectors focused on environmental & social issues. - 📈 Strategic vs. Common Practices: - Strategic sustainability practices drive higher return on capital and market valuation multiples 📊. - Common practices don't boost profitability, but improve market valuation 📈. The key takeaway? Sustainability is both a necessity and a differentiator. The companies that stand out are those that go beyond the basics and adopt innovative, hard-to-imitate practices. Are you leveraging sustainability as a competitive advantage or just keeping up with the industry? #Sustainability #ESG #CorporateStrategy #MSCI #SustainableBusiness #Innovation #CompetitiveAdvantage #180DC #180DCVITC #VITChennai #VIT
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sustainability as a heart of strategic business planning: A transition approach
Youth Advisor at Global Center on Adaptation / ECOSOC Consultative status / UNEP Observer/ UNFCCC Observer / UNEP-MAP Partner / PACJA Egypt Coordinator / WCD Egypt / Climate Activist / Environment specialist
From SDGs to ESG roles 🌎 Sustainability now sits at the core of strategic business planning, reflecting a shift in how companies approach long-term viability and success. This integration goes beyond mitigating environmental impacts to reshaping roles and operations within organizations. The emergence of specialized positions dedicated to sustainability underscores the importance of integrating environmental and social goals into the corporate ethos. Aligning with Sustainable Development Goals (SDGs) has become a strategic focus for many organizations. Each role within these entities contributes to the broader global objectives, establishing a direct link between day-to-day operations and overarching sustainability targets. This alignment not only guides strategic initiatives but also clarifies the purpose and direction of corporate efforts. The adoption of sustainability principles is driving innovation, enhancing resilience, and offering a competitive edge in the market. Organizations are overhauling operational methods, supply chain management, and product development to ensure comprehensive sustainable practices. This broad-based approach embeds environmental consciousness into every facet of business operations. As the market increasingly recognizes the value of sustainability, the demand for professionals skilled in this area is rising. This trend reflects a broader understanding that addressing environmental challenges requires a multifaceted skill set. Companies are seeking individuals who can contribute to sustainability objectives and help navigate the complexities of implementing these strategies effectively. The infographic developed by Michael Page offers a snapshot of the diverse range of roles specifically tailored to advancing the SDGs. Each position outlined represents a unique intersection of professional expertise and sustainable objectives, demonstrating how the job market is rapidly evolving to incorporate sustainability at its core. This list, while extensive, is only a glimpse into an ever-expanding array of careers dedicated to fostering economic, social, and environmental progress in line with the SDGs, reflecting a dynamic and fast-growing sector. #sustainability #sustainable #esg #sdgs #sdgs2030 #employee #impact #climatechange Credit for Antonio Vizcaya adbo
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Climate Finance Advisory and Upstream Services Lead - LAC Europe | Sustainability Strategy
#MSME represent around 90% of the businesses in the world, and therefore are crucial to the transition to a #sustainable economy. These metrics come very useful and complement IFC - International Finance Corporation ‘s Sustainable MSME Finance Reference Guide: https://lnkd.in/e66ajUeq #sustainability #bankingsector #sustainablefinance
LinkedIn Top Voice | Sustainability Advocate
ESG Metrics for MSMEs 🌎 Micro, Small, and Medium-sized Enterprises (MSMEs) are increasingly recognized for their impact on the global business landscape. As larger firms adapt to transparency in their operations, MSMEs are also drawn into the fold of sustainability reporting. Against this backdrop, Project Savannah, inaugurated in June 2023 by UNDP, MAS, and GLEIF, provides a beacon for MSMEs to align with global reporting standards, setting the stage for a harmonized approach to Environmental, Social, and Governance (ESG) metrics. MSMEs are often at a distinct stage in the sustainability journey compared to larger corporations. The image provided offers a strategic view of ESG metrics that can guide MSMEs in structuring their sustainability reports. These metrics include direct and indirect greenhouse gas emissions, energy consumption patterns, and the nuances of social aspects like workforce composition and safety measures. Each metric is a thread in the larger tapestry of sustainable practices, contributing to the holistic picture of an enterprise's impact. For instance, Scope 1 and Scope 2 emissions are crucial indicators of an enterprise's direct and energy-related carbon footprint. By reporting on these, MSMEs can not only monitor their impact but also identify areas for improvement and efficiency enhancements. Similarly, metrics on water consumption and waste generation offer insights into resource stewardship, a key aspect of environmental responsibility. Social metrics such as headcount, youth, and women hires, and workplace safety reflect an MSME’s commitment to fostering an equitable and safe working environment. These metrics not only enhance internal practices but also shape external perceptions, potentially influencing customer and investor decisions. The governance metrics presented—business registration, compliance, and transparency in financial transactions—serve as indicators of an MSME's adherence to ethical practices and regulatory requirements. This commitment to governance can play a vital role in securing trust and investment. The overview provided by these metrics equips MSMEs to communicate their sustainability efforts effectively. With these measures, MSMEs can align with global sustainability trends, address stakeholder concerns, and potentially unlock new market opportunities. Source: United Nations Development Programme #sustainability #sustainable #sustainablebusiness #sustainabilityreporting #esg #climatechange #socialimpact #business
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LinkedIn Top Voice | Sustainability Advocate
The understanding of the business case for sustainability is increasing. 🌎 The understanding of sustainability's business case has notably tripled among global executives between 2022 and 2023. This reflects a significant evolution in executive mindset towards the economic benefits of sustainable practices. Recent data highlights climate change as a potential major disruptor of future operations, recognized by 48% of business leaders. This awareness is reshaping risk management and operational strategies within organizations, acknowledging that a failure to adopt sustainable practices could pose existential risks. Currently, 61% of organizations consider the lack of sustainability as a critical threat to their future viability. Looking ahead to 2024, projections indicate that 52% of organizations plan to increase their sustainability investments, a substantial rise from the 33% reported in the previous year. This increase is driven by economic incentives such as the US Inflation Reduction Act and the EU Green Deal Industrial Plan, with 57% of leaders citing these initiatives as reasons for intensified investments in clean technologies. As sustainability becomes an integral part of strategic business operations, companies are prompted to realign their corporate strategies to not only ensure environmental responsibility but also to leverage the economic opportunities it presents. #sustainability #business #strategy #climatechange #investment #esg
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