‘ESG and Employee Centric initiatives are core’ – Sri. Kamal Bali

Environmental, Social, and Governance (ESG) concerns and setting the goals of a company thereon have become prevalent. An investment in ESG is seen as an investment in humanity and a way to build a better future for our future generations. Corporations that weave ESG impact deeper into their culture and way of life are very likely to experience higher growth, strong brand reputation, enhanced customer engagement, stronger stakeholder trust, and effective employee recruitment and retention’ thus said Sri. Kamal Bali, President & Managing Director, Volvo Group India, during the distinguished address delivered as part of the Orientation Program 2022 on July 6, 2022. 

 

During the talk Sri. Bali discussed key trends that are reshaping the world of business & commerce and highlighted the 8 key aspects - uncertainty is the new reality with multiple pathways and geo politics; increasing demands of holistic sustainability and concern for ESG; adapting the emerging technologies; evolving future of manufacturing with rebalancing the global value chain; accelerating the innovation process; collaboration & partnership to meet the customer requirements and outcomes; regulations to the changing trends; and creating an employee-centric organization with the new work culture. 

 

Appreciating the effort of SDMIMD in introducing the Modular Specialization in ESG for the new batch, he said 'Investors are increasingly applying ESG factors as part of their analysis and process to identify material risks and growth opportunities. Environmental focuses on conservation of the natural world, Social which considers the people and relationships, and governance guiding the standards for running a company'. He called upon the new batch effort to earn the Certification in ESG for better placement opportunities. 

 

Dr. N.R. Parasuraman, Director, SDMIMD, delivered the welcome address and presented the core objectives of SDMIMD to be the pioneer in introducing the specialization in ESG in the B-School arena as part of the PGDM program. 

 

Deputy Director Dr. S.N. Prasad, faculty members, staff, and the new batch of PGDM 2022-2024 were present.