As we celebrated this year’s World Environment Day on June 5th, it is a important moment for us to reflect on the intersection of leadership, sustainability, and the role of executive education in fostering & integrating an environmentally conscious business mindset in today’s and out future leadership.
The theme for this year’s World Environment Day, focused on land restoration, desertification and drought resilience under the slogan “Our land. Our future. We are #GenerationRestoration.” From the perspective of Business and Administrative Leadership, Executive Education can have an acute impact on the proving the global commitment to Sustainability, via businesses investing in #ESG and proactive activities to combat Climate Change.
On 5th of June 2024, the director of IIMB, Prof. Rishikesha Krishnan, and the Chairperson of Sustainability Taskforce of IIMB, Prof. Haritha Saranga, along with distinguished IIMB faculty – Prof. Rajendra Bandi, Prof. M. Jayadev, Prof. Mukta Kulkarni and Prof. Shainesh G launched the Sustainability Dashboard at the IIMB campus.
IIMB's Sustainability Dashboard tracks energy sources & consumption, CO2 emission and offset, and waste – generated, recycled & repurposed, on campus.
It also tracks water consumption trends and biodiversity on campus.
IIMB has implemented many more green initiatives such as harvesting rainwater, inaugurating & using rooftop solar energy, bio-gas plants, reducing its carbon footprint by using renewable energy, recharging wells on campus, segregating waste, and recycling & upcycling waste. Several new activities are also lined up for the next few months such as a Book Re-use program, and Cloth Collection and Recycling drive.
On the academic front, during the recent valedictory event of the Independent Directors Certificate Programme (IDCP), Prof. Rishikesha Krishnan, reiterated the importance of leveraging ESG as an opportunity for better Environmental, Social Sustainability along with robust Corporate Governance by overcoming the information asymmetries.
IIMB’s EEP has been offering multiple programmes on ESG which cover the nuances in navigating the ESG regulations, integrating green practices into the culture of their organisations, techniques to compute, monitor & reduce the Carbon Footprint of organisations, ESG reporting & communication best practices and much more.
One of the upcoming Executive Education Programme on ‘ESG, Climate Change and Building Future Ready Organisations’ is scheduled for the month of July 2024. This 3-day short-duration programme is designed for founders, senior managers and functional heads who can influence decision-making on ESG and seek to implement them at an organisational level.
Click here to learn more about the programme on ESG Climate change and Building Future Ready Organisations.
Another ESG short-duration programme which is scheduled for September 2024 deals with the strategies to Manage, Report and Communicate ESG metrics.
Click here to learn more about the programme on ESG Management Reporting & Communication.
As we are almost facing a climate crisis due to erratic weather patterns and natural resource depletion, it is imperative for executive leaders to embrace sustainability not just as a regulatory requirement but as a core component of their strategic vision. This requires a proactive approach, where sustainability is embedded into the organizational DNA and championed at the highest levels of leadership.