Investors prioritize ESG performance over financial viability in startups, promoting responsible business activities. Startups are advised to incorporate environmental and social aspects early to attract better investments.
A growing number of businesses are poised to embrace the net-positive concept. Nations, too, are diligently striving toward the ambitious net-zero 2050 goal. The convergence of cutting-edge technologies, robust regulatory initiatives and compelling cost advantages will push the ESG journey. In corporate boards, this will find its rightful place on the quarterly agenda.
ESG Framework: Sanjiv Puri, Chairman and Managing Director of ITC, highlighted the importance of considering cost implications when implementing environmental, social, and governance (ESG) frameworks for small enterprises in India. Puri emphasized the need for economically viable models and solutions to control the costs of ESG compliance for MSMEs, as an inflationary environment could negatively impact growth.
Sanjiv Puri, Chairman and Managing Director of ITC, highlighted the importance of considering cost implications when implementing environmental, social, and governance (ESG) frameworks for small enterprises in India. Puri emphasized the need for economically viable models and solutions to control the costs of ESG compliance for MSMEs, as an inflationary environment could negatively impact growth.
Juniper Networks: We add value in India. We have the largest data center site in Karnataka. We are going to be net zero in carbon footprint in 2025. So, we are investing heavily in India when it comes to hardware manufacturing. We are evaluating all options, not just for local consumption, but also to have an export base.