ESG: The Game Changer
Despite the continued efforts at various international forums starting as early in 2005, ESG (Environmental, Social, and Governance) as concept has gained significant traction in recent years with companies and investors now increasingly recognizing the importance of sustainability and responsible business practices. Given the changes ESG brought at such considerable levels, Startups have a range of opportunities to innovate and address various challenges within the ESG space. Indian startups, in particular, face a unique set of challenges, despite the country’s vibrant and rapidly growing startup ecosystem.
We intend to discuss as to how Startups should align their mission and activities with the ESG aspects that resonate most with their values and expertise. Engaging in ESG efforts can not only help startups attract socially conscious investors and customers but also contribute positively to the planet and society. Integration and focus on ESG space technologies in the portfolio by startups or R&D labs can be a game changer for innovation and growth in the country. Startups that adapt, innovate, and build scalable solutions to address these challenges can succeed and contribute to India’s economic growth and SDGs.