#TaxmannPPT – Demystifying Environmental | Social | Governance (ESG) Framework

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Demystifying Environmental Social Governance ‘ESG’ Dr. Garima Dadhich Dr. Ravi Raj Atrey


What is the Mystery?

 Solutions to sustainability  Life for our upcoming

generations  Extent of climate change  Limited natural resources  Increasing inequality  Role of Businesses  Framework for Businesses


Components in demystifying  Defining ESG  Understanding its Theory  Model for Integration  Indian Context  How to begin ESG journey  Environmental Dimensions  Social Dimensions  Governance Dimensions  ESG Trends & Challenges  Way Forward


Defining ESG  ESG is a fundamental responsibility of business to adapt,

integrate and disclose its commitment towards sustainability. It enables businesses with a yardstick for their commitment towards stakeholders as mentioned in the solar system model. It also helps businesses towards monitor and measure of ESG practices which inter-alia includes actions to combat climate changes, GHG emissions, deforestation, biodiversity preservation, reducing pollution, judicious usages of water, waste management, extended producer responsibility, customer relations, employee relations, labour, human rights, community, supply chains, responsible board, succession planning, compensation, diversity, equity and inclusion, regulatory compliance, corruption, and data hygiene etc.


Understanding the Theory  Ethical Behaviour at the core of individual mindset

 Link between Responsibility and Ethics  Responsibility as a Mandatory Compulsion  Individual Responsible Behaviour to Collective Impact

 Organizational Responsibilities v/s Individual Ethics  The Age of Responsibility  The Originality Approach  Integrating Responsible Behaviour  Responsible Capitalism


The Solar System Model


Indian Context


Beginning with ESG Journey  Conducting Baseline

 Peer Benchmarking  Materiality Assessment  Relevant Policies

 Setting Targets & KPIs  Implementation  Measuring the performance  Audit, Index & Rating  Communications & Branding


Email for any questions: dadhichgarima@gmail.com drravirajatrey@gmail.com


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