- The product aims to facilitate practitioners, investors and policymakers in creating custom ESG metrics to further evaluate their performance and strategies their future actions
The Arun Duggal Centre for ESG Research (CESGR) at the Indian Institute of Management Ahmedabad (IIMA) initiated a research project aimed at developing a data product that can help in ESG impact assessment in the country, with Dun & Bradstreet.
This collaboration will leverage the research capabilities of CESGR and the extensive database provided by D&B to create a data product that will address data gaps to enable accurate assessment of ESG efficiency.
The product aims to facilitate practitioners, investors and policymakers in creating custom ESG metrics to further evaluate their performance and strategies their future actions.
One of the core principles of this project is to achieve two-way materiality – an aspect that has been stressed in the European Union’s new Corporate Sustainability Reporting Directive (CSRD) for reporting ESG standards.
The Indian government has set ambitious goals in terms of ESG and is rolling out several initiatives that are focused on climate change, promoting clean energy to achieve sustainable development.
The Indian capital market regulator, SEBI, has directed the top 1,000 listed companies (by market capitalisation) to make ESG disclosures as per the Business Responsibility and Sustainability Reporting (BRSR) from FY 2022 – 23 onwards. In light of these mandates, the collaboration will contribute towards meeting the enhanced ESG data requirements of the Indian companies.