
Beyond ESG Reporting: Why Tomorrow’s Managers Must Learn to Turn Sustainability into Business Value
Corporates are increasingly integrating environmental, social and governance (ESG) considerations into their strategic and managerial decision-making. The objective is not merely to address environmental and social concerns, but also to create sustainable value for a wide range of stakeholders. However, as ESG becomes increasingly embedded in corporate strategy, managers need to ask a more fundamental question: Do investments in ESG create or destroy business value, and through which channels? This question has become particularly relevant in India, where sustainability reporting has moved from voluntary disclosure towards a more structured regulatory framework. In 2021, the Securities and Exchange Board of India (SEBI) introduced the Business Responsibility and Sustainability Report (BRSR), requiring the top 1,000 listed entities by market capitalisation to report





