Kaizen Congress India 2024 Urges Businesses to Embrace ESG Strategies

Industry leaders convene to advocate for sustainable business practices at the 13th annual summit.

The 13th edition of the Kaizen Congress India 2024, orchestrated by the esteemed global consultancy firm Kaizen Institute India, fervently advocated for the integration of Environment, Social, and Governance (ESG) strategies within the corporate landscape. A study conducted by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Wealth Management underscored the burgeoning interest among investors, with 77% globally expressing a preference for enterprises prioritizing their environmental and social impact.

The two-day summit attracted a diverse array of industry luminaries, who converged to deliberate on the paramount importance of ESG strategies in fostering sustainable and responsible business practices. Participants exchanged insights on the pivotal role ESG principles play in not only mitigating environmental risks but also in identifying cost inefficiencies and unlocking investment opportunities.

Vinod Grover, Managing Director, South Asia & Africa, Kaizen Institute, highlighted the escalating demand for ESG-oriented organizations among investors, emphasizing the imperative for businesses to pivot towards sustainability-driven models.

Jayanth Murthy, Joint Managing Director, South Asia & Africa, Kaizen Institute, emphasized the imperative for businesses to align with sustainability goals, particularly as India aims to achieve its Sustainable Development Goal (SDG) target of reducing carbon intensity by 45% by 2030.

Dr. Pradeep Panigrahi, Head – Corporate Sustainability, Larsen & Toubro Limited, underscored the pivotal role of senior leadership in driving the successful implementation of ESG frameworks, emphasizing the tangible benefits of integrating sustainability practices within operations.

Ms. Tejashree Joshi, Head of Environmental Sustainability at Godrej & Boyce Mfg. Co. Ltd., highlighted the shifting consumer landscape, where sustainability and social responsibility are increasingly influencing purchasing decisions, necessitating businesses to prioritize sustainable solutions.

The Kaizen Congress India (KCI) serves as a pivotal platform for industry leaders to exchange ideas and showcase the efficacy of Kaizen methodologies in driving sustainable business practices. With over 2,000 attendees, 350 companies, and 50 speakers, KCI continues to catalyze dialogue and action towards a more sustainable future.