The E-Cell of Uttaranchal Institute of Management, Uttaranchal University organized a virtual International webinar on “Sustainability and ESG Reporting framework” on 23 August 2022. The International Webinar aimed at providing appropriate knowledge about Sustainability and ESG Reporting Framework as the new equation is turning ESG theory into action.
CS A Sekar, Practicing Company Secretary, Dr Asif Akhtar, Assistant Professor, Aligarh Muslim University, Dr Akhil Prasad, Director Country Council India, Dr. Julia Swart, Assistant Professor, Utrecht University, Netherlands Dr Nirdesh Kumar Singh, Assistant Professor Pant University and Dr Rupesh Kumar, Assistant Professor, UPES were the eminent speakers for the webinar. Prof (Dr) Rajeev Ranjan, HoD, UIM, welcomed the eminent speakers. Ms Neha Rastogi, Head E- Cell, Uttaranchal Institute of Management was the Master of Ceremony. The webinar was attended by the faculty members and the students of different programmes at UIM.
CS A Sekar initiated the session with the introduction of sustainable development and ESG concept. He said that “The Value Reporting Foundation” is an ESG guidance framework that establishes guidelines for how businesses must disclose information on sustainability that is financially significant to their investors.
Dr Julia Swart elaborated on the need for sustainability. She discussed the concept of three pillars namely PPP (People, Planet & Profit). She added that the concept of sustainability can be looked up as a long-term strategy of the company. Adding on to her views Dr Nirdesh Kumar Singh enlightened the concept of “Triple Bottom Line” which focuses on Non-financial reporting addressing the Environment, Society, and Governance.
Dr Akhil Prasad added his view on the challenges faced by the company in ESG reporting. He addressed the need of ESG reporting from an Investor’s viewpoint.
Dr Asif Akhtar shared his knowledge about the SRI concept i.e. Socially Responsible Investor. He added that in order to survive in the long run, a company must be committed to ESG reporting and must be transparent regarding its disclosures.
On the behalf of Uttaranchal University Prof (Dr) Pradeep Suri, Dean Uttaranchal Institute of Management expressed his gratitude to the panelist for augmenting our knowledge about Sustainability and ESG Reporting Framework. Dr Mohd. Amir, Assistant Professor, Uttaranchal Institute of Management, proposed the vote of thanks to all the dignitaries & students. The webinar turned out to be an interactive & informative session with great success.
