International ESG Day 2023: Embracing the BRSR framework and seeking reasonable assurance for core disclosures bestows a wide range of advantages, including heightened transparency, fortified reputational risk management, enhanced stakeholder engagement
The workshop also covered various topics such as CSR and ESG as tools for establishing responsible brands, effective BRSR disclosures, digital tools, IT portal/software for BRSR and the application of family-friendly policies in business
While some companies fear sustainability may hurt profits, ESG efforts preserve the profit motive. Participating in ESG efforts gives companies a competitive advantage, as customers are more likely to purchase sustainable and ethical products
IDFC FIRST Bank is a voluntary participant/supporter in multiple global initiatives such as UNGC and TCFD and the Bank continues to proactively adopt multiple disclosure practices as per global standards to drive higher transparency.