Mumbai: Hindalco recently took part in the KPMG ESG Conclave and Awards '23, hosted by The Economic Times, and won the Environmental & Societal Initiatives award in the Industrial Manufacturing and Automotive sector. In all, 15 awards were given to companies across seven key sectors.
The KPMG ESG Conclave and Awards 2023 were aimed at the growing focus of ESG with the intent of collectively setting the narrative for holistic ESG transformation in India. The event's theme for this year was ‘Thought|Action|Impact’, signifying strategic thinking, sustainable actions, and stakeholder impact.
Mr. Satish Pai, Managing Director, Hindalco, said, “When it comes to ESG, there is no competition. It is a noble work in which everyone should learn from each other and contribute. It is all about giving back to nature. Hence learning from each other is something that we all should be doing to propagate our footprint under each dimensions of ESG.”
This initiative brought together diverse voices representing policymakers, investors, rating agencies, global think tanks, business owners, and business leaders to deliberate on pertinent subject issues, acknowledge best practices adopted by India Inc with regards to ESG., and influence change.
India has clearly set its agenda for a sustainable future through its commitment to achieve SDG goals by 2030 and Net Zero by 2070, the resolve is clearly visible through the recent green budget. Similarly, corporate strategy is now closely linked to the priorities on climate change, decarbonisation, ethical supply chain, circular economy, DEI (diversity, equity and inclusion), on a strong foundation of good governance, and supported by robust ESG measurement, reporting and assurance.