Confederation of Indian Industry (CII) launched the Publication titled “ESG Guidebook and Ready Reckoner for Boards of Directors” at an interactive session held with Board members and independent directors. The Guidebook, prepared in partnership with PwC, provides a practical, step-by-step reference to ESG and sustainability strategies based on leading global practices and the framework prescribed in India. The Guidebook aims to help Indian business enterprises adopt ESG within the organisational structure, processes and performance to achieve ESG transformation.
The increasing emphasis on ESG transformation across the globe has led to development of ESG regulations and standards. In India, Ministry of Corporate Affairs (MCA) and Securities Exchange Board of India (SEBI), among others, have adopted global standards and laid down several guidelines and regulations specific to the Indian market. Companies must comply with ESG regulations based on the jurisdiction in which they operate.