ESG Assessment in India
What is ESG (Environmental, Social and Governance) ?
ESG means “environmental, social and governance,” and represents a more stakeholder-centric approach to doing business. ESG is set on the principle that the environment is only one factor in determining an organisation commitment to sustainability. As ESG increasingly becomes top of mind for directors, it’s essential to consider the global nuances that drive focus region by region. Companies that adhere to environmental, social and governance standards agree to conduct themselves ethically in those three areas, and can draw on a range of strategies, tactics and ESG solutions.
- Organisational commitment towards Environment Improvement
- develop internal system about environment emission from process and product
- Develop Environment Control Monitoring Plan covering stage of inspections required to control manufacturing or service delivery process to eliminate, reduce or control impact environmental.
- Increase customer confidence level
- Reduce legal obligation related to product, service delivery.
- Global market access in terms of export and global recognition
- Independent of personal competency and high reliability on environment management system.
- Reduce Pollution, Reduce Wastages, Conserve Natural Resources, Reduce Water Pollution, Reduce Air Pollution, Reduce Noise Pollution
- Legal Compliance
- Register of Regulation and Operational Control Plan
- Environment Friendly and ECO Friendly Approach
- Reduce Legal Obligation and compliance inspections.
Why is ESG here to stay?
Our world faces a number of global challenges: climate change, transitioning from a linear economy to a circular one, increasing inequality, balancing economic needs with societal needs. Investors, regulators, as well as consumers and employees are now increasingly demanding that companies should not only be good stewards of capital but also of natural and social capital and have the necessary governance framework in place to support this.
What Does ESG Mean for Corporates, Governments, Society ?
For Corporates – Corporates are looking at this through the lens of business opportunities; new markets that they can open up and sell to, cost reductions, and also integrated risk management.
For Governments – Governments are looking at driving change through policy, and that’s driven by electoral forces, that’s driven by some hard realities on security and infrastructure. So, governments again have quite different policy driven perspectives.
For Society – Society as a whole is driving at with ESG, and that’s fundamental change. As individuals, we really want to look after where we live, the planet and these forces which we have become very much aware of especially on the climate side but also on the wealthier countries to less regulated areas.
How addwise can help you?
addwise can help you establish system according to ISO 14000 / ISO 14001:2004/ ISO 14001:2015 Environment Management System Requirements. addwise have profession method of implementing ISO 14000 / ISO 14001:2004/ ISO 14001:2015 requirement. The activity time line for achieving ISO 14000 / ISO 14001:2004/ ISO 14001:2015 certification is as follows:
addwise can help you develop, implement ISO 14000 / ISO 14001/ ISO 14001:2015 system and attain ISO 14000 / ISO 14001:2004/ ISO 14001:2015 certification from reputed certification body. addwise is preferred consultancy organization by reputed certification bodies.
Assessment for Environmental, Social & Governance (ESG) Compliance
Is assessment required for Environmental, Social & Governance (ESG) Compliance?
The First stipulation regarding Environment, Social, and Governance (ESG) Reporting was introduced in The Companies Act, 2013. According to section 134(3), Companies are required to include the report compiled by their Board of directors regarding the conservation of energy accompanying the annual financial statement, which is further described in Rule 8(3) (A) of the Companies (Accounts) Rules, 2014.
Along with this, Regulation 34(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 (LODR Regulations) also provides for companies to include disclosure of opportunities, risks, concerns, and threats as a part of their annual report, which was further amended under Regulation 34(2)(f) which introduce the BRSR framework in 2021.
This new guideline replaces the previous BRR (Business Responsibility Report), making it mandatory for the top 1000 listed companies to annually report ESG related information from the financial year 2022-2023.
addwise can audit your organisation for Environmental, Social & Governance (ESG) Compliance by providing competent, trained, qualified and adaptable auditor for assessing your organisations Environmental, Social & Governance (ESG) Compliance as per NGRBC Guidelines mapped with GRI (Global Reporting Initiative) and SDG (Sustainable Development Goals).
Who we are as Environmental, Social & Governance (ESG) Assessor?
Team addwise have Qualified professionals, Lead Auditors who have assessed various International Standards on Environment, Health Safety & Social Certification systems in more than 25 organization covering manufacturing and service industries of varied size and complexity in India.
Team addwise includes legal experts of act, rules and regulations and legal compliance obligations applicable to Indian manufacturing and service industry for effective Environmental, Social & Governance (ESG) Compliance assessment.
addwise have successfully completed more than 25 Environmental & Social Certification projects with 100% success rate.
Benefits of ESG Assessment by addwise
- Fact finding approach instead of fault finding audit.
- In-time completion of assessment and accurate reporting
- Team includes Lead Auditors, industry experts and legal professionals.
- Client services for LIFE TIME not only up to audit completion.
- 100% client satisfactions at all the times.
- Confidentiality is strictly maintained during and after implementation of project.
addwise client list for Environment, Health Safety, Social Assessments
Zydus Cadila Group, Havmor Ice Cream Limited, Cera Sanitaryware Ltd, Somany Ceramics Ltd, Hyfun Group, Hindustan Speciality Chemicals Limited, AICO Foods Limited (Nestle Vendor), TopNotch Cones LLP (HUL Vendor), Ruparel Foods Pvt. Ltd……
Please feel free to email us on email@example.com to get full client list.
For more information, we are just a call away….
Girish Sharma, Founder & CEO
+91 99789 40673