International ESG Day 2023: While certain concerns, like increased compliance costs and limited investment ecacy, have been raised regarding ESG, the importance of sustainable investing only increases...
The 2023 G20 Summit in New Delhi marked a signicant milestone in the global commitment to Environmental, Social, and Governance (ESG) goals. The New Delhi Declaration, emanating from the summit, encapsulates a unied The environmental commitments in the New Delhi Declaration are a response to the urgent need for progress on the United Nations Sustainable Development Goals (SDGs). The G20 leaders have resolved to pursue low greenhouse gas (GHG) and low-carbon emissions pathways, acknowledging the macroeconomic risks stemming from climate change. This commitment is underpinned by a comprehensive approach that includes designing a circular economy, implementing clean and sustainable energy transitions, and conserving ecosystems. The declaration also highlighted the importance of developing international collaborations for hydrogen research and technology, recognizing hydrogen as a key element in the transition to cleaner energy sources. Additionally, the inclusion of India’s LiFE (Lifestyle for Sustainable Development) strategy in the declaration highlights a grassroots approach to sustainability, encouraging individual and community participation in achieving environmental SDGs.
