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NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

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Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW DELHI: Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for it, a survey has revealed.

Over 70 percent of the respondents have a well-defined strategy or policy related to sustainability, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Ernst & Young.

Visions of the top managements have been the most significant driver of sustainability in India. Over 65 percent of the surveyed companies reported that they have a primary responsibility centre for sustainability that reports to senior management.

The report, titled ‘Leveraging Value: Corporate Response to Sustainability Challenge’, covers the sustainability journey of some of India’s largest companies and attempts to understand how the sustainability challenge is impacting their businesses.

The sample for the survey included about 60 companies that have identified their sustainability challenges and are at various stages of graduating to become sustainable enterprises.

The survey notes that corporate India is fast catching up with the highly progressive trends in sustainability that have been witnessed across the developed countries. The government’s regulations in this regard would give a further boost to sustainable enterprise, FICCI said in a statement.

However, the report highlights that there is significant scope for Indian industry to put the required sustainability infrastructure in place since most companies tend to consider discrete elements such as environment, social responsibility or health and safety as being equivalent to sustainability.

“This indicates that there is a gap in the understanding of the holistic components of sustainability,” FICCI said.

While 90 percent of the companies reportedly assess their sustainability-related risk, only half have a formal mechanism to assess these risks, according to the survey.

(IANS)

Photo:INDIACSR

the author

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    E: info@indiacsr.in (Only business proposal)

    W: www.indiacsr.in

  • About Us

    We welcome your feedback, comments, suggestions and ideas. We are also interested in finding new data sources, sponsors for our site and our partner sites, and organizations who would like to work with IndiaCSR to help change the world. The website has been founded by stalwarts from the industry and is growing steadily to become an inspiring network of business people working towards the common goal of sustainability. Mission: Our mission is to support practitioners and organizations in building responsible and sustainable business in India and in this way to contribute to sustainable development of societies at large.
  • Privacy Policy

    What is this Privacy Policy for?

    This privacy policy is for this website and served by IndiaCSR and governs the privacy of its users who choose to use it. The policy sets out the different areas where user privacy is concerned and outlines the obligations & requirements of the users, the website and website owners. Furthermore the way this website processes, stores and protects user data and information will also be detailed within this policy.

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  • Partner with us

    Whether it’s through our B2B or CSR partnership programs, partnering with India CSR can help you to increase business network, build your brand, and expand your reach worldwide. India CSR has always believed in the advancement of information technology & communication, learning, and education, playing a key role within those knowledge communities for generations.

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