The winners were felicitated by Shri Deepak Vasant
Kesarkar, Honourable Cabinet Minister for School Education and Marathi
Langauage, Government of Maharashtra
Mumbai : The second edition of KPMG in
India’s ESG Conclave and Awards 2024 concluded
on a high note with a full house turnout, that saw companies being honored for
their leadership, innovation, and commitment to sustainable business practices.
The event centered on the theme of Green and Inclusive Growth, highlighted that in today’s environment, companies must reflect upon their learnings, adapt to be flexible, and evolve proactively with a
forward-looking mindset real time for a sustainable future.
The event saw participation from a plethora of voices
representing policymakers, investors ratings agencies, global think tanks,
business owners, and business leaders. The participants agreed that , today the
urgency to tackle climate change has never been greater. Further growth and
sustainability need to go hand in hand, in line with India’s ambitious
“ViksitBharat” programme (or Developed India). The deliberations highlighted
that for any economy and for leading companies
the transition towards a green and inclusive future needs a deeper
management of policy, people and underlying technologies. The economy, society,
business and environment don’t exist in isolation -they are part of a system
that interacts and influences one another.
The discussions and deliberations focussed on
opportunities and challenges in making this ESG transition with recognized
leaders highlighting cutting edge programs, initiatives and best practices
In the panel discussion titled, ‘Accelerating Green and Inclusive Growth’, panelist’s agreed that
increasingly we will see firms getting measured and judged against their
stewardship, net-zero plans, carbon footprints, new green products, and
leadership in the transition and hence it would be crucial for companies to
align strategy and business models with ESG goals, set transparent and
measurable targets, design for circularity, promote green supply chains, adopt
nature-based solutions, boost skilling and ensure purpose driven business
growth.
The second panel discussion titled, ‘Enabling Green and Inclusive
Growth - the role of the stakeholder ecosystem’, focused on how governance frameworks, board oversight, and
stakeholder engagement, together with regulatory and policy actions can drive
sustainable and equitable development in India. It also captured a wide range
of viewpoints, from that of board members, policy makers, providers of finance,
investors, and technology leaders.
The winners in each of the categories were decided based
on a meticulous, data-backed, and objective selection process, and evaluation
by an esteemed jury. This was to ensure that deserving achievers and winners
were brought to the fore and recognized.
Speaking on
the occasion Yezdi Nagporewalla, CEO, KPMG in India said “As corporations, both Indian and global
grapple with the challenges posed by climate change, social inequality, and
governance challenges, integrating ESG principles into business strategies has
become imperative, not only for fostering sustainability, but also for driving
long-term value creation. At the very core of the ESG Conclave and Awards is our commitment to working towards aiding sustainable
capitalism and green initiatives. The awards are a rightful recognition of the
achievements of all the awardees, for having demonstrated clearly, that doing
good to the society and the environment also means doing good to your
businesses”
Sharing her
views, Namrata Rana, National Head of ESG said “ESG principles in Indian boardrooms represents a
transformative opportunity for businesses to drive sustainable growth and
create long-term value for all stakeholders. By embracing environmental
stewardship, social responsibility, and good governance practices, companies
can not only mitigate risks and enhance resilience but also seize opportunities
for innovation, differentiation, and market leadership. As Indian businesses
navigate an increasingly complex and interconnected world, integrating ESG considerations
into decision-making processes is essential for building a more sustainable and
prosperous future.
In
all, 14 awards were given across two
major categories across sectors. The winners are:
Large-Cap Companies
●
Consumer Markets- Hindustan Unilever
Limited
●
Pharmaceuticals & Healthcare-
Dr. Reddy's Laboratories Limited
●
Industrial Markets & Automotive-
Hindustan Zinc Limited
●
Infrastructure, Real Estate &
Logistics- Godrej Properties Limited
●
Technology, Media and Telecom- Wipro
Limited
●
Financial Services- Yes
Bank Limited
●
Energy, Natural Resources and
Chemicals- Tata Power Company Limited
Mid-Cap / Small-Cap Companies
●
Consumer Markets- Welspun Living
Limited
●
Pharmaceuticals & Healthcare- Jubilant
Pharmova Limited
●
Infrastructure, Real Estate &
Logistics- Mahindra Lifespace Developers Limited & Chalet Hotels (Joint Winners)
●
Technology, Media and Telecom- Cyient Limited
●
Financial Services- Credit Access
Grameen Limited
●
Energy, Natural Resources and
Chemicals- DCM Shriram Limited
About KPMG in India
KPMG entities in India are professional services firm(s).
These Indian member firms are affiliated with KPMG International Limited. KPMG
was established in India in August 1993. Our professionals leverage the global
network of firms, and are conversant with local laws, regulations, markets and
competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh,
Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune,
Vadodara and Vijayawada.
KPMG entities in India offer services to national and
international clients in India across sectors. We strive to provide rapid,
performance-based, industry-focused and technology-enabled services, which
reflect a shared knowledge of global and local industries and our experience of
the Indian business environment.