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Issues & Challenges for ESG in the Development Economy for India (2015-2020)

In a developing economy like India, implementing Environmental, Social, and Governance (ESG) principles poses multifaceted challenges. Balancing rapid economic growth ... Show more
Instructor
Harshit Sinha
5 Students enrolled
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Environmental, Social, and Governance (ESG) frameworks have emerged as pivotal tools in aligning economic activities with sustainable development imperatives. In the context of a developing economy like India, ESG implementation presents both significant opportunities and formidable challenges. India’s rapid industrial growth, demographic pressures, and developmental priorities often conflict with environmental and social sustainability goals. The ESG framework broadly comprises three dimensions: Environmental—concerned with climate risk, resource efficiency, and pollution control; Social—focused on labour rights, community engagement, health, and safety; and Governance—emphasising transparency, board diversity, ethical conduct, and regulatory compliance. In a developing economy, operationalizing these pillars often demands a delicate balance between growth aspirations and long-term sustainability. India faces several structural challenges in institutionalizing ESG. Firstly, there is a lack of standardised metrics and reporting frameworks suitable for local contexts. Secondly, small and medium enterprises (SMEs)—which constitute the backbone of the Indian economy—often lack the financial and technical capacity to adopt ESG protocols. Furthermore, regulatory enforcement remains inconsistent, and ESG disclosures are often superficial or driven by compliance rather than genuine commitment. Social inequalities, informal labor practices, and environmental degradation further complicate the effective adoption of ESG. While the Securities and Exchange Board of India (SEBI) has introduced the Business Responsibility and Sustainability Reporting (BRSR) framework for the top listed companies, broader adoption remains limited. A comprehensive and inclusive ESG ecosystem in India requires sector-specific guidelines, capacity-building for SMEs, robust regulatory mechanisms, and the integration of ESG into mainstream development policies.

Module 1: ESG in context to Development Economy
Module 2: Defining ESG Framework
Module 3: Elaborating ESG Framework
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Course details
Duration 2:30 Minutes
Lectures 27
Video 1 Minutes
Quizzes 3
Level Intermediate
Intermediate Level Certificate Course
Basic info

Issues & Challenges for ESG in the Development Economy for India (2015-2020)covers  3 Modules, 26 Slide lessons with videos and  20 Graded Quizzes 

Course requirements

Instruction for Quiz

  • Students are strongly encouraged to thoroughly review the course materials, as the majority of quiz questions are directly based on the provided content. 
  • A minimum score of 80% in the graded quiz of each module is mandatory to earn the course completion certificate. 
  • Learners are granted a minimum of Three attempts to successfully complete the intermediate level certificate course. 
  • In the event of a retake, students are advised to revisit the course content carefully to strengthen their understanding and improve their performance. 
  • Should a student fail to complete the course within the allotted Three attempts, repurchasing the course will be necessary to obtain the desired intermediate-level certificate.
Intended audience

This advance certificate course is specifically designed for learners who seek a deep and comprehensive understanding of advanced concepts, and it is therefore most suitable for individuals who already possess a strong foundational background in the subject. Participants are expected to have acquired prior knowledge at both the basic and intermediate levels, which will serve as a critical prerequisite for engaging meaningfully with the material presented. The content structure assumes familiarity with essential terminologies, conceptual frameworks, and fundamental principles. Learners without this preparatory knowledge may find it challenging to grasp the more nuanced and complex dimensions discussed throughout the course. Hence, to maximize the learning experience and ensure intellectual continuity, it is imperative that participants approach this advanced module with the requisite academic grounding. This approach enables a focused exploration of intricate themes and fosters critical thinking, analytical depth, and the ability to apply theoretical insights to practical and policy-related contexts.