Why should you embrace Sustainability – Part 1 of 2

It’s been close to 3 years since I’ve been trying my bit to practice being resource efficient and persuade organisations to become more Sustainable. And boy, how times have changed. From being talk-talk-talk to talk-implement-talk, large companies worldwide have certainly made the leap. The same cannot be said about Indian companies though. In India, there have been a lot of conversations happening on this subject, but the examples of real action are far and few. For a long time, “Sustainability” focused initiatives had been looked upon as costs and not investments and therefore had been consistently moved down the hierarchy of priorities, even for organizations known to be Champions of Sustainability. And when the Sustainability agenda was embraced, the reasons given was about reduction of costs, meeting customer expectations (branding) and engaging employees. In-fact, here’s what my slide on ‘Why should you become Sustainable?’ looked like – 2 years. (I agree, the design is a bit hideous, but we keep learning ). Focusing on the content, the reasons said: Compliance …

State of Sustainability Reporting in India

India, even with it’s moderate growth over the last 2 years is one of the fastest growing economies in the world. It stands 10th in the world by GDP third in terms of PPP among the world. Even when the US, EU, Japan and other large G8+5 countries have seen stagnant or low growth rates, only China and India have managed a steady growth of 7.8% &  5.4% respectively. With growth comes pressure on resources, social inclusion and environmental stability. Both India and China are continually facing issues such as inequality, poverty, environmental pollution, corruption, public health and the like. With the line between public responsibility and private initiative blurring, the popular opinion is putting pressure on private players to be responsible in their activities, go beyond financial performance and contribute positively to the social, economic and environmental well-being of the nation and society at large. In short,  companies are under pressure to become more Sustainable. While most of the companies have been able to heed this call, a lot …

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