52% GCCs in India championing ESG agenda: EY report

Bengaluru: About 52% of GCCs in India are actively embracing the ESG agenda, while 70% of these are advancing the tech agenda for ESG implementation, showed EY India’s ESG GCC Report 2024. The first edition saw participation from 45 GCCs and the survey was designed to assess key trends which are shaping how GCCs are anchoring the ESG capability.<br>The report highlights that GCCs are setting up dedicated teams to collaborate with global organisations for ESG initiatives, with major areas of support being in the enablement of processes, data and technology.

The report highlights that GCCs are setting up dedicated teams to collaborate with global organisations for ESG initiatives, with major areas of support being in the enablement of processes, data and technology.

About 67% GCCs indicate that they are in the process of establishing internal sustainability strategies aimed at enhancing their ESG performance. They are embedding ESG across capabilities such as project management, supplier risk management, reporting, technology, and analytics for their global entities. tnn