National News Analysis

22 May 2024, 1:12 AM

SVKM’s NMIMS BENGALURU SPEAERHEADS DISCUSSIONS ON ESG AT PRESTIGIOUS ACDEMIMIC CONCLAVE ALONG WITH AICPA & CIMA -THE PROFESSIONAL BODIES FROM THE UK & amp ; USA

From Left Dr. Kavita Desai Program Char BBA NMIMS Dr. Narayan Ramachandran Director NMIMSBengaluru Sara Gosh President CIMA &CO Chair AICPA,Dileep G Menon Prog Chair – B COM NMIMS Bengaluru.

SVKM’s NMIMS Bengaluru Spearheads Discussions on ESG at Prestigious Academic Conclave along

with AICPA & CIMA – the professional bodies from the UK & USA

Bengaluru: Keeping up with its commitment to building ESG sensitivity among its students, SVKM’s

NMIMS Bengaluru campus collaborated with the prestigious American Institute of Certified Public

Accountants (AICPA) – the largest network of accounting and finance professionals in the world with

a presence in 58 countries, and Chartered Institute of Management Accountants (CIMA). This was a

first-of-its-kind occasion that saw these professional bodies collaborating with SVKM’s NMIMS

Bengaluru campus to organise an Academic Conclave which was held on January 22nd and 23rd

January 2024 with a core focus on the emerging trends of ESG and Sustainability practices in

businesses worldwide.

The event saw the unveiling of the pre-release of the case study book (with ISBN), titled, "ESG:

Delivering & Creating Resilient Stakeholder Value – Case Studies on the Best Practices in ESG &

Sustainability" under the guidance of the esteemed Director of SVKM’s NMIMS Bengaluru, Dr.

Narayani Ramachandran, Dr Kavitha Desai, Programme Chair – BBA, and Prof. Dileep G. Menon,

Programme Chair – B Com Programme from the campus.

The event was graced by Mr. Krishnan Ravindran, Director, PwC Academy; Mr. Nishant Priyadarshi,

Chief Business Officer, Upgrad Campus; Mr. Veena Haran, Partnerships Director, Evolve Careers; Mr.

Andrew Harding, Chief Executive – Management Accounting, AICPA & CIMA; and many other

industry leaders and experts across the country

With its focus on creating well-rounded professionals with a grasp of the latest demands of the

industry, SVKM’s NMIMS has always been at the forefront of adopting emerging trends not only in

academia but also in the world of business.

As a result, the curriculum at SVKM’s NMIMS Bengaluru campus incorporates essential subjects such

as sustainable finance, green markets, sustainable marketing practices, workplace diversity, and

inclusion; helping students with the knowledge and skills demanded by contemporary industry

standards.

Experts and industry leaders gathered at the event discussed ESG and its role for educators, the

future of ESG, and innovation and inclusion in the business world. They endorsed innovations within

academia to keep up with the growing trend of ESG. Lastly, a key discussion was held on the theme,

‘The Evolving Landscape of Finance: A Global Perspective.’

Addressing the conclave, Dr. Narayani Ramachandran spoke about how ESG implementation had

become a crucial business need. She discussed the current trends in sustainable business practices

and also emphasised on green collar careers for students. After unveiling the book, ‘ESG: Delivering

& Creating Resilient Stakeholder Value’, she briefly discussed some of the case studies covered in the

book and highlighted the importance of the collaboration with AICPA & CIMA.

Meanwhile, the case studies featured in the book covered diverse sectors such as consumer goods,

animal rights advocacy, sustainable fashion, corporate gifting, e-waste management, tourism, and

banking, embodying real-world applications of ESG principles. Each study highlighted the positive

impact of adopting eco-conscious practices and showcased innovative approaches towards achieving

ESG goals. By sharing these impactful stories, the conclave proved to be a platform for knowledge

exchange and promoting the integration of sustainable practices across industries.

Speaking at the event Dr. Narayani Ramachandran said, “Academia must embrace the

implementation of ESG parameters. Our collaboration with AICPA and CIMA and is an important step

in that direction. The distinguished industry leaders associated with CIMA and AICPA have

implemented numerous initiatives in their respective fields to foster a sustainable and

environmentally conscious future.”

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