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United Nations Department of Economic and Social Affairs Sustainable Development

ESG RESEARCH SCHOLAR OF CORPORATE GOVERNANCE

LOYOLA COLLEGE (
Academic institution
)
#SDGAction53317
    Description
    Description

    Transforming to a stakeholder centric business model through effective impact from business responsibility and sustainability reporting framework.

    Evaluation

    Objectives:
    To investigate the correlation between ESG scores and the successful attainment of sustainability objectives (SDGs).

    To conduct a comparative analysis of companies' ESG scores between two consecutive years, revealing shifts in their sustainability performance and highlighting areas of improvement or regression.

    To identify and examine the pivotal factors that drive organizations to transition from compliance-driven sustainability reporting to a strategic business model.

    To examine strategies that foster stakeholder engagement in shifting from compliance-based reporting to a strategic business model.

    To investigate how strategic sustainability reporting contributes to proactive risk management and enhances an organization's overall resilience.

    To develop a model, actionable guidelines and a roadmap for organizations seeking to transition from compliance-driven reporting to a strategic business model.

    To study the changing compliance and governance reporting to achieve a sustainable business model. (Companies Act and SEBI circular, regulations, Reporting by companies to SEBI, Stock exchanges, like Regulation 30 of SEBI LODR, Primary also)

    To have a peer study of BRS Reporting in International level.

    To study the impact BRS Reporting and compliance on overall carbon footprint and climate change.

    To predict upcoming trends in business responsibility, sustainability reporting, and competitive advantage, shedding light on potential future directions for organizations.

    Partners

    LISTED INDIAN CORPORATES

    Goal 15

    Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

    Goal 15

    15.1

    By 2020, ensure the conservation, restoration and sustainable use of terrestrial and inland freshwater ecosystems and their services, in particular forests, wetlands, mountains and drylands, in line with obligations under international agreements

    15.1.1
    Forest area as a proportion of total land area
    15.1.2
    Proportion of important sites for terrestrial and freshwater biodiversity that are covered by protected areas, by ecosystem type

    15.2

    By 2020, promote the implementation of sustainable management of all types of forests, halt deforestation, restore degraded forests and substantially increase afforestation and reforestation globally

    15.2.1
    Progress towards sustainable forest management

    15.3

    By 2030, combat desertification, restore degraded land and soil, including land affected by desertification, drought and floods, and strive to achieve a land degradation-neutral world

    15.3.1
    Proportion of land that is degraded over total land area

    15.4

    By 2030, ensure the conservation of mountain ecosystems, including their biodiversity, in order to enhance their capacity to provide benefits that are essential for sustainable development

    15.4.1
    Coverage by protected areas of important sites for mountain biodiversity
    15.4.2
    Mountain Green Cover Index

    15.5

    Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity and, by 2020, protect and prevent the extinction of threatened species

    15.5.1
    Red List Index

    15.6

    Promote fair and equitable sharing of the benefits arising from the utilization of genetic resources and promote appropriate access to such resources, as internationally agreed

    15.6.1
    Number of countries that have adopted legislative, administrative and policy frameworks to ensure fair and equitable sharing of benefits

    15.7

    Take urgent action to end poaching and trafficking of protected species of flora and fauna and address both demand and supply of illegal wildlife products

    15.7.1
    Proportion of traded wildlife that was poached or illicitly trafficked

    15.8

    By 2020, introduce measures to prevent the introduction and significantly reduce the impact of invasive alien species on land and water ecosystems and control or eradicate the priority species

    15.8.1
    Proportion of countries adopting relevant national legislation and adequately resourcing the prevention or control of invasive alien species

    15.9

    By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies and accounts

    15.9.1

    (a) Number of countries that have established national targets in accordance with or similar to Aichi Biodiversity Target 2 of the Strategic Plan for Biodiversity 2011–2020 in their national biodiversity strategy and action plans and the progress reported towards these targets; and (b) integration of biodiversity into national accounting and reporting systems, defined as implementation of the System of Environmental-Economic Accounting

    15.a

    Mobilize and significantly increase financial resources from all sources to conserve and sustainably use biodiversity and ecosystems

    15.a.1

    (a) Official development assistance on conservation and sustainable use of biodiversity; and (b) revenue generated and finance mobilized from biodiversity-relevant economic instruments

    15.b

    Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation

    15.b.1

    (a) Official development assistance on conservation and sustainable use of biodiversity; and (b) revenue generated and finance mobilized from biodiversity-relevant economic instruments

    15.c

    Enhance global support for efforts to combat poaching and trafficking of protected species, including by increasing the capacity of local communities to pursue sustainable livelihood opportunities

    15.c.1
    Proportion of traded wildlife that was poached or illicitly trafficked
    Name Description
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    Action Network
    Summit
    Type of initiative
    Stakeholder Acceleration Actions
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    Timeline
    27 November 2020 (start date)
    30 November 2024 (date of completion)
    Entity
    LOYOLA COLLEGE
    SDGs
    Geographical coverage
    CHENNAI INDIA
    Other beneficiaries

    Government , Policy makers and regulators

    More information
    Countries
    India
    India
    Contact Information

    joseph cheriyan, esg practitioner