{"id":18998,"date":"2025-05-28T10:17:56","date_gmt":"2025-05-28T06:17:56","guid":{"rendered":"https:\/\/careforsustainability.com\/india\/?p=18998"},"modified":"2025-05-28T10:17:56","modified_gmt":"2025-05-28T06:17:56","slug":"how-indian-conglomerates-are-embedding-esg-into-business","status":"publish","type":"post","link":"https:\/\/careforsustainability.com\/india\/how-indian-conglomerates-are-embedding-esg-into-business\/","title":{"rendered":"How Indian Conglomerates Are Embedding ESG into Business"},"content":{"rendered":"<p><span data-contrast=\"auto\">In recent years, the Environmental, Social, and Governance (ESG) framework has evolved from a buzzword to a boardroom priority\u2014especially for India\u2019s top conglomerates. Faced with global investor expectations, changing regulatory mandates, and rising climate risks, India Inc. is no longer asking <\/span><i><span data-contrast=\"auto\">if<\/span><\/i><span data-contrast=\"auto\"> they should embrace ESG\u2014but <\/span><i><span data-contrast=\"auto\">how soon<\/span><\/i><span data-contrast=\"auto\"> and <\/span><i><span data-contrast=\"auto\">how deep<\/span><\/i><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">From legacy business houses to new-age industrial giants, ESG is now being woven directly into strategy, operations, and stakeholder engagement. Here\u2019s how the country\u2019s leading corporates are driving this transformation:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol>\n<li aria-level=\"3\"><b><span data-contrast=\"none\"> ESG as a Strategic Growth Lever, Not a Compliance Burden<\/span><\/b><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">Companies like <\/span><b><span data-contrast=\"auto\">Tata Group, Reliance Industries, Adani Group, and Mahindra &amp; Mahindra<\/span><\/b><span data-contrast=\"auto\"> have moved beyond compliance-led sustainability. They are embedding ESG into long-term growth plans\u2014with defined board oversight, ESG-specific KPIs, and dedicated leadership roles (like CSOs and Heads of Sustainability).<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For example, <\/span><b><span data-contrast=\"auto\">Mahindra Group<\/span><\/b><span data-contrast=\"auto\"> has committed to becoming carbon neutral by 2040, while also investing heavily in electric mobility and green manufacturing. <\/span><b><span data-contrast=\"auto\">Reliance Industries<\/span><\/b><span data-contrast=\"auto\">, meanwhile, has announced a $10 billion green energy investment roadmap, including solar giga factories and hydrogen energy projects.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"2\">\n<li aria-level=\"3\"><b><span data-contrast=\"none\"> Investor Pressure Driving Transparency and Reporting<\/span><\/b><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">ESG ratings and disclosures are increasingly impacting access to global capital. Over <\/span><b><span data-contrast=\"auto\">$30 trillion globally is now allocated to ESG-focused investments<\/span><\/b><span data-contrast=\"auto\">\u2014and India\u2019s top conglomerates are responding.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Many have adopted global frameworks like <\/span><b><span data-contrast=\"auto\">GRI, SASB, and TCFD<\/span><\/b><span data-contrast=\"auto\">, and are voluntarily publishing sustainability and integrated reports. <\/span><b><span data-contrast=\"auto\">Infosys<\/span><\/b><span data-contrast=\"auto\"> and <\/span><b><span data-contrast=\"auto\">Wipro<\/span><\/b><span data-contrast=\"auto\"> were among the first Indian companies to report under GRI standards and commit to science-based climate targets.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The <\/span><b><span data-contrast=\"auto\">Securities and Exchange Board of India (SEBI)<\/span><\/b><span data-contrast=\"auto\"> has also mandated the top 1,000 listed companies to publish <\/span><b><span data-contrast=\"auto\">Business Responsibility and Sustainability Reports (BRSR)<\/span><\/b><span data-contrast=\"auto\">, pushing ESG to the forefront of corporate governance.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"3\">\n<li aria-level=\"3\"><b><span data-contrast=\"none\"> Operationalizing ESG: Clean Energy, Supply Chains, and Circularity<\/span><\/b><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">On-the-ground action is key. Many conglomerates are now reconfiguring supply chains, production processes, and energy sourcing to align with ESG goals:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Tata Steel<\/span><\/b><span data-contrast=\"auto\"> is piloting low-carbon steelmaking processes using hydrogen.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Godrej Group<\/span><\/b><span data-contrast=\"auto\"> has committed to zero waste-to-landfill operations and extensive green building adoption.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Adani Green Energy<\/span><\/b><span data-contrast=\"auto\"> has become one of the largest renewable energy developers in the world, targeting 45 GW of renewable capacity by 2030.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"4\">\n<li aria-level=\"3\"><b><span data-contrast=\"none\"> Social Impact and Inclusive Development<\/span><\/b><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">The &#8220;S&#8221; in ESG is also gaining traction. Conglomerates are focusing on workforce diversity, health &amp; safety, skilling, and rural upliftment.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Larsen &amp; Toubro (L&amp;T)<\/span><\/b><span data-contrast=\"auto\">, for instance, has integrated diversity and inclusion metrics into its talent strategy.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Hindustan Unilever<\/span><\/b><span data-contrast=\"auto\"> runs large-scale livelihood and sanitation programs across India, closely linking business growth with community development.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"5\">\n<li aria-level=\"3\"><b><span data-contrast=\"none\"> Governance: From Policy to Accountability<\/span><\/b><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">Good governance is at the heart of ESG credibility. Indian firms are introducing board-level ESG committees, linking executive compensation to sustainability targets, and improving whistleblower policies.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For example, <\/span><b><span data-contrast=\"auto\">ITC Limited<\/span><\/b><span data-contrast=\"auto\"> has set up a robust ESG Governance Structure chaired by the Executive Management Committee, ensuring strategic alignment across all business units.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><b><span data-contrast=\"none\">ESG and the Road Ahead for Indian Business<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:281,&quot;335559739&quot;:281}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The ESG journey is not without challenges\u2014especially in aligning legacy systems, fragmented data, and evolving regulatory landscapes. But with growing global scrutiny and national ambitions like India\u2019s <\/span><b><span data-contrast=\"auto\">Net Zero 2070<\/span><\/b><span data-contrast=\"auto\"> target, the direction is clear.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As the climate crisis intensifies and stakeholder capitalism gains ground, <\/span><b><span data-contrast=\"auto\">Indian conglomerates are positioning ESG as a core differentiator<\/span><\/b><span data-contrast=\"auto\">, not just a responsibility.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:299,&quot;335559739&quot;:299}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">The CARE Connect<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:299,&quot;335559739&quot;:299}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The complexity of implementing ESG across multi-sector conglomerates demands a new kind of collaborative forum\u2014precisely what CARE 2025 will provide this September 10 \u201311 in New Delhi.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The expo will feature India&#8217;s most innovative business groups sharing practical frameworks for cross-business sustainability integration. Through carefully designed collaborative sessions, participants will:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Discover practical governance models that bridge diverse business units<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Access proven methodologies for sustainability synergy identification<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Connect with peers facing similar multi-sector ESG challenges<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Build partnerships that accelerate implementation<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">As India&#8217;s conglomerates continue evolving their approach to ESG, CARE 2025 offers a unique platform to transform complexity into opportunity and build truly sustainable business portfolios that drive both financial performance and national development.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The transition from standalone initiatives to integrated ESG systems is underway. Leaders are already emerging.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Join the conversation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Shape the future.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent years, the Environmental, Social, and Governance (ESG) framework has evolved from a buzzword to a boardroom priority\u2014especially for India\u2019s top conglomerates. Faced with global investor expectations, changing regulatory mandates, and rising climate risks, India Inc. is no longer asking if they should embrace ESG\u2014but how soon and how deep.\u00a0 From legacy business houses [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1,33],"tags":[],"class_list":["post-18998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Indian Conglomerates Are Embedding ESG into Business - CARE - Climate Action &amp; Renewables Expo | India<\/title>\n<meta name=\"description\" content=\"See how Indian business giants are leading with ESG\u2014turning it from a checklist into a strategy for impact, investment, and long-term growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/careforsustainability.com\/india\/how-indian-conglomerates-are-embedding-esg-into-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Indian Conglomerates Are Embedding ESG into Business - CARE - Climate Action &amp; 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