KPMG in India can help turn your ESG aspirations into action. Our ESG solutions are both holistic and practical. With capabilities that span the enterprise, we can help instill sustainable innovations across your business and help you gain a competitive edge. With deep multidiscipline expertise across critical issues—including decarbonisation, climate resilience, energy transition, reporting, sustainable finance, and social—we’ll help you create the right blueprint for integrating ESG. We go beyond strategy, working with you at each step of your ESG transformation to unlock new value as you build a sustainable future.
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Hear from the experts
Value creation through sustainability: Harnessing AI | Anish De
Anish De talks about how AI is transforming the energy sector by enhancing operations, improving customer service, and managing networks efficiently.
Driving growth with ESG trends
- Decoding taxation and ESG
- Government to greenlight incentives to drive green steel output
- Digital mining: Transforming the mining value chain
- How AI is becoming the backbone of ESG compliance
- Sustainable development
- Climate risk
𝗧𝗵𝗲 𝗜𝗻𝗱𝗶𝗮𝗻 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗵𝗮𝘀 𝗮 𝗺𝗮𝘀𝘀𝗶𝘃𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗶𝗻 𝗵𝗮𝗿𝗻𝗲𝘀𝘀𝗶𝗻𝗴 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆-𝗹𝗲𝗱 𝗴𝗿𝗼𝘄𝘁𝗵. This can open new markets and increase export penetration in others. A low-carbon manufacturing push can drive huge growth and acceleration.
Secondary steel producers contribute more than 50% of the domestic steel production, and because of the scale, relevance and contribution without decarbonising this sector, India can’t achieve its net zero goals.
These producers use electric arc furnaces and induction furnaces; the latter tend to be more rudimentary operationally, with potential to address operational efficiencies and utilise greater renewables & scrap.
Advancing towards sustainability: The emergence of green mining technologies and practices
The Indian mining industry has been embracing greenmining technologies and practices – from electrification and automation to regenerative and water-efficient solutions – to drive sustainablity across operations and supply chains. The star rating system instituted by the Ministry of Mines, Govt of India (MoM) through Indian Bureau (IBM) for implementation of Sustainable Development Framework (SDF) has been working as an excellent impetus in this regard.
A more concerted effort to resolve challenges around efficient resource utilisation by:
- promoting beneficiation of low-grade ore,
- adoption of renewable/hybrid energy sources,
- mine closures as per approved plan through policy guidelines, and
- adoption of global best practices
can drive this mission towards sustainability even more strongly, reinforcing the need for collaborative innovation and ESG integration in mining.
The global economic paradigm is changing as companies are under tremendous pressure from people across the world to account for the social impact of their businesses. Moreover, endless growth with profit as the sole metric is no longer sustainable. The consequences of social and environmental imbalance are mostly seen in the long term. If allowed to go unchecked, the disruption caused may cause a significant dip in growth and corporate valuations.
Regulators and policymakers can support the transition for MSME into sustainablity by establishing digital public infrastructure for ESG reporting and certification, providing tax benefits and accessible financing for MSMEs and enabling learning at scale for greenskills programmes.
Central banks across the world are looking at embedding climate risk guidelines into financial frameworks. RBI came up with the draft guidelines for India last year. This has been followed up by the climate finance taxonomy, greenwashing guidelines, and carbon credit scheme. It's a realisation that there are massive risks are ahead of us unless we act with speed and at scale.
Podcast series for ESG leaders
Short podcasts addressing the opportunities and challenges of ESG.