Banco Consultant Director, Sanjay Pasari is adoring the ESG adoption in Indian companies, policy rolled out by SEBI recently. He says “adopting Environmental, Social, and Governance (ESG) measures is now more crucial than ever for businesses of all kinds to flourish in the present and also future-proof itself due to rising consumer awareness and demand for climate action”.
Conscious consumerism is one of the main things that the COVID-19 epidemic has fueled, and many businesses have responded by making net-zero or carbon-neutral commitments by vowing to cut greenhouse gas emissions and engage in climate change.
In such a situation, Impossible Foods, a business that produces meat, dairy, and fish without using animals, has raised over USD 1.6 billion to date and experienced a sharp increase in demand for its goods, the production of which the business says consumes substantially fewer natural resources.
Sanjay Pasari is very much in favor of implementing ESG within the firms in India but he knows that adopting ESG within the organization is a big thing and its sudden implementation may cause a big trouble to the production and management team of small companies. That's why Pasari came up with an incredible idea to take small baby steps or you can say small ‘green’ steps to adopt ESG on the first phase and then slowly adapt it entirely.
Sanjay Pasari shares his idea and says “Small companies may save money and lessen their carbon footprint by taking simple "green" measures like using greener packaging, digital receipts, renewable energy, and efficient waste management”.
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