Navigating the Storm: Overcoming Challenges for Indian SMEs in Adopting ESG Practices In India’s dynamic economic ecosystem, small and medium enterprises (SMEs) are vital, driving innovation, employment, and growth. However, as sustainability becomes a global priority, these businesses face unique obstacles in adopting Environmental, Social, and Governance (ESG) practices. Despite the challenges, ESG offers SMEs an opportunity to innovate, strengthen their resilience, and secure a competitive edge. How can they overcome these hurdles and navigate the transition to sustainable practices? Understanding the Importance

Introduction BRSR for Investors Consumers and Businesses : In 2024, sustainability isn’t just an option—it’s a necessity that impacts every facet of business. With rising expectations from investors, consumers, and regulatory bodies, Indian businesses are increasingly being held accountable for their Environmental, Social, and Governance (ESG) practices. This is where the Business Responsibility and Sustainability Reporting (BRSR) framework, mandated by SEBI for the top 1000 listed companies, comes into play. BRSR offers transparency and insight into a company’s ESG

In our modern world, technology has become an integral part of our daily lives. We rely on electronic devices for work, entertainment, communication, and education. However, the rapid pace of technological advancement has brought forth a new challenge – e-waste. Today, let’s explore what e-waste is and why it is crucial to address this issue. 📱💻 What is E-Waste? E-waste refers to electronic devices that have reached the end of their useful life, become obsolete, or are no longer in use. This

E-commerce is a rapidly growing industry, and with it comes the need for sustainable practices. Sustainable e-commerce refers to the practice of running an online store in a way that minimizes environmental impact. This can include things like using recycled packaging, offering carbon-neutral shipping, and sourcing products from sustainable suppliers. There are many benefits to sustainable e-commerce. For businesses, it can help to improve their reputation and attract new customers. For consumers, it can help to reduce their environmental impact and

The automotive industry is facing increasing scrutiny due to its significant contribution to global pollution, particularly in terms of carbon emissions. In India, this sector alone is responsible for approximately 10% of the country’s total carbon emissions. However, recognizing its environmental impact, the industry has set its sights on achieving sustainability by adopting greener practices. Sustainability Goals in the Automotive Industry To address the urgent need for sustainability, the Indian automotive industry has outlined specific goals to work towards: Reducing greenhouse gas emissions

Unilever is one of the world’s largest consumer goods companies, with brands that are known and loved by people all over the world. In recent years, Unilever has made a bold commitment to sustainability, with the goal of halving its greenhouse gas emissions by 2030 and achieving net zero carbon emissions by 2039. One of the key pillars of Unilever’s sustainability strategy is its Clean Future initiative. Clean Future aims to create a new generation of cleaning and laundry products that

The pharmaceutical industry is one of the most important industries in the world. It is responsible for developing and manufacturing the drugs that we rely on to stay healthy. However, the pharmaceutical industry also has a significant environmental impact. The production of pharmaceuticals requires a lot of energy and water, and it generates a lot of waste. In recent years, there has been a growing awareness of the need for the pharmaceutical industry to adopt more sustainable practices. This is due

The rise of e-commerce has led to a significant increase in waste generation. Packaging, returns, and transportation all contribute to the environmental impact of online shopping. Corporate social responsibility (CSR) is a way for businesses to address their environmental impact. By implementing sustainable waste management practices, businesses can reduce their environmental footprint and improve their CSR performance. There are a number of ways that businesses can manage e-commerce waste. These include: Using sustainable packaging materials. Businesses can choose to use packaging materials that