03 December 2021 14:08:20 IST

IIMA launches Arun Duggal ESG Centre for Research and Innovation

The centre aims to conduct research to improve the ESG performance of organisations and enterprises.

The Indian Institute of Management Ahmedabad (IIMAannounces the launch of the Arun Duggal ESG Centre for Research and Innovation. The endowment for this Centre is contributed by Arun Duggal, Chairman, ICRA.

The Arun Duggal ESG Centre aims to contribute to the development of the Environmental, Social and Corporate Governance (ESG) ecosystem in India and help Indian enterprises and organisations integrate ESG into their core business and investments decisions.

“The Centre aspires to be a leading platform to facilitate dialogue and cutting-edge research to improve the ESG performance of organisations and enterprises, while nurturing an ecosystem for stakeholder capitalism in India,” a release from the institute, said.

Announcing the launch of the Centre, Prof Errol D’Souza, Director, IIMA said, “The setting up of the Arun Duggal ESG Centre for Research and Innovation comes at a time when companies and policy makers are increasingly recognising, incorporating and prioritising ESG as an intrinsic part of their long term development strategy. The Centre at IIMA will play an important role in leading the ESG debate in India and contributing to policy, thought-leadership and advocacy in this space.”

“Our aspiration is that IIMA should be the leader in ESG Research, Education and Consulting in India and hopefully in all of Asia and this new ESG Centre will help us achieve that ambition”.

The endowment for the Arun Duggal Centre for ESG Research and Innovation has been facilitated by the newly setup IIMA Endowment Fund (IIMAEF). The IIMAEF is the institute’s unified fundraising and philanthropic arm for all donations given to IIMA: individual, batch, corporate, and CSR.