91% of Indian Businesses Boost Sustainability Investments, Focusing on a Just Transition and Inclusive Growth – EQ
In Short : A recent survey reveals that 91% of Indian businesses have increased sustainability investments, emphasizing a just transition alongside growth. Companies are integrating environmental, social, and governance (ESG) factors into their strategies, prioritizing inclusive practices and community support. This shift towards renewable energy, waste reduction, and sustainable sourcing aligns with India’s climate goals and strengthens business resilience.
In Detail : A recent survey reveals that 91% of Indian businesses have increased their sustainability investments over the past year, reflecting a growing commitment to environmental and social responsibility. The findings indicate that companies are prioritizing a “just transition,” focusing on balancing sustainable growth with equity and inclusivity.
Businesses are increasingly recognizing the importance of aligning their operations with sustainability goals, integrating environmental, social, and governance (ESG) factors into their strategies. The shift toward sustainability not only addresses climate change but also helps companies meet consumer demand for responsible business practices.
The emphasis on a just transition highlights the need for businesses to ensure that vulnerable communities and workers are supported throughout the move toward greener practices. This includes creating opportunities for reskilling and fostering inclusive growth, ensuring that the benefits of sustainability are shared widely across society.
Indian companies are leveraging a range of sustainable initiatives, such as renewable energy adoption, waste reduction, and sustainable sourcing. These efforts are not only contributing to global climate targets but also enhancing business resilience, as sustainable practices can lead to cost savings and improved reputation.
With the growing trend of sustainability investments, companies are positioning themselves as leaders in the green economy, contributing to both national and global sustainability goals. This shift aligns with India’s broader climate commitments and signals a strong commitment from businesses to drive long-term, inclusive environmental change.
Overall, the increased focus on sustainability and a just transition reflects a broader shift in the Indian business landscape, where companies are integrating social and environmental considerations into their growth strategies for a more sustainable future.