Environmental, Social, and Governance (ESG) programs are gaining popularity for corporations, businesses, and non-profit organisations. They encourage companies to act responsibly.
According to the report, Environmental, Social, and Governance assets are on track to exceed $53 trillion by 2025, driven by investor demand, societal pressure and government regulation.
Each aspect of ESG programs plays a vital role in increasing focus on sustainable and ethical investments. It is a holistic approach to business that goes beyond maximising shareholder profits to address environmental, social, and corporate governance impact for all stakeholders.
Environmental, Social, and Governance have become essential elements to demonstrate how corporate purpose is brought to life.
Through the ESG program, businesses measure and define their impact on the environment and society while remaining transparent about their governing practices. The goal is to ensure businesses remain intentional about developing sustainable and ethical operations for individuals and the planet.
There is much more to know about ESG programs; let’s check the ESG program duration, ESG program fee structure, learning outcomes and differences between three factors, which are Environmental, Social, and Governance.
What is ESG Program Duration?
Three to five days ESG program duration is designed for leading experts to equip senior working professionals with key concepts from some of the most influential thought leaders. The course aims to translate ESG principles into organisational practices.
It is expected that at the end of the three to five days ESG program duration, participants will gain the following:
- Skills to assess risk and co-create value for the business;
- Knowledge to draw convergence with the international trend and national policies;
- Develop and design a tailor-made operational ESG framework.
According to the survey, approx 250 listed companies in India have adopted the Environmental, Social, and Governance framework, but many lack operational clarity.
ESG Program Fee Structure
Every university's ESG program fee structure varies from one university to another. In some universities, the ESG program duration is three days, five days, six months, etc. This is why the program fee varies from one university to another. It usually varies between 55 thousands – 2 lakhs.
What is the Difference Between Environmental, Social, and Governance?
ESG program refers to the three main factors when checking the ethical and sustainability impact of an investment in any company:
Environmental
Environmental criteria consider how an organisation safeguards the environment, including corporate plans and strategies addressing climate change.
- Pollution
- Recycling
- Materials
- Waste and resource management
- Climate change
Social
Social criteria examine how it handles and manages relationships with customers, employees, suppliers, and the communities where it operates.
- Remuneration and pay equality
- Diversity and social inclusion
- Community impact and integration
- Education and skills
- Health, safety, and wellbeing
Governance
Governance deals with an organisation’s leadership, internal controls, executive pay and shareholder rights.
- Procurement
- Anti-corruption
- Strategies and policies
- Supply chain management
- Reporting and financial transparency
Three Days ESG Program Duration - Key Learnings
Environmental, Social, and Governance programs provide broad knowledge and understanding of the latest updates and case studies. It also helps students know about the business's principles and objectives. Have a look at what more you will gain during the program-
- Identifying ESG Risk & Opportunities.
- Understanding the Glocal ESG Landscape.
- Managing every ESG aspect in an organisation - turning theory into actions.
- Integrating ESG Best Practices into basic operations – creating ESG-sensitive culture.
- Implementing and reporting the trio – ESG.
- Building resilient ESG Strategies.
ESG roles are mostly in demand in sectors like banking, financial services and insurance (BFSI), pharmaceuticals and healthcare, consulting, and many more.
ESG is an on-campus course to help students become professionals in addressing a company's environmental and social problems. Pursuing the Environmental, Social, and Governance program from any top university in India would be a brilliant choice for you.
Summary Yesterday’s business leaders focused on beating quarterly profit targets.
Tomorrow’s successful business leaders will focus on sustainable profits.
Public anger at the lack of action on climate change, corruption, income inequality, tax avoidance, and other social ills makes it harder for CEOs to ignore sustainability.
The reluctance of many CEOs to fully engage with sustainability can be attributed to the age-old view that it will hurt profits.
However, according to GlobalData's research, companies that embrace all three elements of sustainability will outperform their peers.
CEOs that are too slow to improve their company’s approach to sustainability will see an exodus of customers and a drop in profits far sooner than they ever imagined.
