How ESG will accelerate growth in Indian companies

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The story "How ESG will accelerate growth in Indian companies" was covered 9 hours ago by Economic Times, a news publisher based in India.

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How ESG will accelerate growth in Indian companies - Economic Times

Quick Summary:

As per KPMG in India’s 2024 India CEO Outlook, CEOs in India and across the world are taking a long-term view on ESG investments, with many expecting significant returns within five to ten years.

A significant majority, 66 percent of CEOs in India compared to 76 percent CEOs globally, have indicated they would be willing to divest a profitable part of the business that was damaging their reputation.

Data from the study mentioned in this article shows that the confidence of CEOs in India in terms of growth prospects for the global economy over the next three years has increased to 80 per cent in 2024 from 69 per cent in 2023.