ESG: A Burden For Compliance Or A Road Ahead For Better Future
The growing consciousness of investors about environmental and social responsibilities is forcing companies to undergo a transformation in terms of disclosures and reporting and to be accountable for their actions. The image of the corporate entity as a faceless entity that is only focused on generating profits is gradually undergoing a metamorphosis, now it identifies with a more humane approach with a genuine concern for the environment, the society and its corporate governance. The stakeholders in the ecosystem have started demanding more transparency and accountability from corporates in the form of ESG (Environmental, Societal, and Governance) reporting. On 5th May…