Ramaiah Institute of Management(RIM) to conduct International Conference on Environmental,Social & Governance(ESG) on 27-28.6.2023 in Namma BENGALURU

Bangalore,25.6.2023

The curtain-raiser Press Conference was held at the Press Club on 24.6.23.

                        

L-R:Prof Janardhan,Prof.Ms Chithra Byregowda(head of ESG),RIM,Bangalore;addressed the Press/Media about the upcoming Conference

                                 

                    

 Environmental Social Governance (ESG) is a set of criteria that are used to evaluate the sustainability and ethical impact of a company or organization. ESG factors are used by investors, analysts, and other stakeholders to assess a company's performance and potential risks related to environmental, social, and governance practices.
            

                           

Let's break down the three components of ESG:
1.	Environmental: This aspect focuses on a company's impact on the environment


. It includes factors such as carbon emissions, energy efficiency, waste management, water usage, pollution control, and climate change policies. Companies with strong environmental performance strive to minimize their ecological footprint and promote sustainability.
2.	Social: The social dimension of ESG examines how a company manages its relationships with employees, communities, customers, and other stakeholders. It encompasses factors such as labor rights, employee health and safety, diversity and inclusion, human rights, community engagement, product safety, and customer satisfaction. Companies that prioritize social responsibility strive to create positive social impacts and maintain strong relationships with their stakeholders.
3.	Governance: Governance refers to the way a company is managed and governed. It encompasses factors such as board structure, executive compensation, shareholder rights, transparency, ethics, and risk management. Companies with strong governance practices prioritize accountability, integrity, and responsible decision-making, aiming to protect the interests of shareholders and other stakeholders.
ESG criteria are used by investors and financial institutions to evaluate the sustainability and long-term performance of companies. By considering ESG factors, investors can assess the potential risks and opportunities associated with a company's environmental and social practices, as well as its governance structure. ESG data and ratings can influence investment decisions, capital allocation, and even corporate behavior, as companies strive to improve their ESG performance and attract responsible investors.
 
 
                     
For more info/details,please visit/peruse:

https://www.msrim-esg2023.com