Environmental, Social and Governance (ESG) has become a guiding framework deeply rooted in principles that further sustainable development and responsible business behavior. Every year, on November 30, it is emphasised how ESG principles bring much-needed awareness to how their adoption might save the planet and humanity for future generations.
Smitha Shetty, Regional Director, APAC, Achilles Information Limited, stated, “ESG is no longer a compliance exercise but core to business. Not about risk mitigation, but driving innovation, building resilience, unlocking new value—the alignment of an organization in its operations with the needs of people and the planet. Companies with solid ESG strategies are actually drawing in more and more conscious consumers and investors while future-proofing their operations in an ever-changing world. In today’s interconnected landscape, strong ESG performance is a defining attribute for long-term success and a key differentiator in a competitive market.”
Purvi Sanghvi, Director and ESG Head, Axis Solutions, added, “In the modern business world, ESG has transcended from being a supplementary practice to a defining measure of success. ESG-oriented companies are those that contribute to positive social development and ensure financial performance. At the core of business operations lie environmental sustainability, social equity, and good governance, hence giving them a competitive advantage, improving efficiency in operations, and strengthening stakeholder relationships. In an era when consumers and investors demand accountability, ESG is going to be the key to thriving in an increasingly conscientious global marketplace.”
Dipankar Ghosh, Partner and Leader, Sustainability & ESG, BDO India, emphasised, “This International ESG Day has been a good example of how important it is that the Environmental, Social and Governance factors be integral to the creation of sustainable business practices and responsible investment. The world is more vulnerable than ever to a number of issues that range from energy and environmental challenges to the various effects of climate change and social injustice. By putting responsible corporate behavior and governance that focuses on planetary and people well-being as priorities, businesses are well on their way to driving value in the long term to create a more sustainable and equitable future. The adoption of ESG therefore ensures better-informed strategic decisions, hence preparedness against unanticipated events or changes in the business ecosystem. Welcoming every business in this transformative journey.”
This focus on ESG principles underscores their crucial role in fostering a sustainable and equitable future.