Dr.Sunil Kumar K
Co-founder & Managing Director
SAM Corporate
Sustainability and ESG are high on the list for businesses around the world. Despite there exist subtle differences in their connotations, both terms are widely used by businesses interchangeably with each other in the context of climate risk management. Climate risk is one of the biggest challenges that human society has ever faced in its history. It requires immediate responses/actions from everyone in the society starting from governments, standard setters, regulators to businesses, investors to consumers.
Responding to the climate risk by the different societal stakeholders is causing a structural change to business processes, markets, and investors’ perceptions and consumers’ preferences. These changing dynamics necessitate businesses to adopt sustainability/ESG principles. However, apparently, there exists a misconception by many that adopting sustainability ends with publishing ESG reporting. It is indeed not!
Integrating sustainability requires businesses to realign their business processes and embed ESG principles and values into their strategy, risk management, and day-to-day decision-making. True integration of ESG principles not only makes the businesses more resilient but also results into many benefits such as:
Topline through higher market share
Increase in Bottom line through cost reduction, lower cost of capital, and improved resource performances
Enhanced borrowing capacity
Increased capacity to attract capital
Differentiated corporate image among the peers
Reputation and customer loyalty
To learn more about this topic, we recommend our free live webinar.
During this event, our Co-founder and Managing Director Dr. Sunil Kumar K, and Director Projects & Value Chain Rajagopal Kannan will give deep insights into the:
Changing ESG regulatory landscape
Changing market dynamics
Mitigating transition risks to make businesses more resilient