The second edition of ESG Readiness: A Study of CII Member Companies in West Bengal, jointly developed by the Confederation of Indian Industry (CII) and Consultivo, presents a data-driven assessment of how industries in West Bengal are progressing on Environmental, Social, and Governance (ESG) parameters.
The CII – Consultivo ESG Readiness Report was officially launched at the CII West Bengal Annual Meeting 2026 on March 02 at Taj Bengal, Kolkata.
Key Findings from the Study
Based on structured responses from 43 member companies, this study offers practical insights into current preparedness levels, emerging trends, and critical gaps.
The findings show that ESG awareness is clearly rising. In the environmental domain, 57.1% of responding companies conducted energy audits in the past two years – an 11.4% improvement over the previous year.
Energy & Environment
About 71.4% actively monitor pollution, and 83.3% have installed pollution control equipment. Waste management shows strong momentum, with 78.6% monitoring waste and 73.8% implementing formal waste management plans. Notably, 85.7% now hold environmental certifications, reflecting a significant 32.9% year-on-year increase.
Climate Action
However, deeper climate action is still evolving. Only 38.1% of companies have systems to track and reduce their carbon footprint. Among them, just 28.57% monitor all three emission scopes (Scope 1, 2, and 3). Renewable energy adoption and structured compliance measures also remain areas for improvement.
Social Practices
On the social front, 59.5% of companies monitor labour practices, while 64.3% have diversity and inclusion policies in place. Encouragingly, 88.1% track community engagement initiatives (a 15.9% increase), and 85.7% are involved in community development activities.
Formal grievance redressal systems for communities are used by 64.3% of respondents. Yet supply chain sustainability remains under-addressed, with only 19% regularly assessing supplier ESG performance.
Governance
Governance indicators show steady strengthening. About 76.2% monitor corporate governance systems, and an equal percentage have anti-bribery and whistleblower policies. Ethical training is widely adopted, with 81% promoting structured ethical practices. Still, only 42.9% report having independent board members, and just 35.7% have implemented formal risk management plans.
Released: ESG Readiness Assessment of CII Members in West Bengal
The CII – Consultivo ESG Readiness Report was officially launched at the CII West Bengal Annual Meeting 2026 on March 02 at Taj Bengal, Kolkata.
The report was officially launched at the CII West Bengal Annual Meeting & Conference 2026, held on 2 March at Taj Bengal, Kolkata, under the theme “West Bengal Poised to Lead – Riding the Next Growth Wave.” The prestigious gathering brought together industry leaders, policymakers, and thought leaders to discuss the state’s growth trajectory.
Consultivo proudly served as the Outreach Partner for this flagship event, where the ESG Readiness Report was unveiled as a key knowledge contribution to the industry.
An Exclusive Launch Gathering
The report was released in the presence of distinguished dignitaries, including Rupak Barua, Managing Director & CEO of Woodlands Multispeciality Hospital; Sourav Ganguly, President of Cricket Association of Bengal and former Captain of the Indian Men’s Cricket Team; Debashis Dutta, Chairman, CII West Bengal State Council & Director, BGS Group; Vivek Lohia, Managing Director, Jupiter Wagons Ltd; Madhabi Guha, Director, Consultivo; Jayanta Roy, Managing Director, Peerless; and C S Ghosh, Chairman, Bandhan Group. Their presence underscored the growing importance of ESG in boardroom conversations across sectors.
Overall, the study shows that companies are moving beyond basic compliance and beginning to integrate ESG in a more structured way. Many have established strong systems in areas such as pollution control, waste management, governance policies, and community engagement.
How to Access the ESG Readiness: A Study of CII Member Companies in West Bengal – Version 2
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The CII – Consultivo ESG Readiness Report was officially launched at the CII West Bengal Annual Meeting 2026 on March 02 at Taj Bengal, Kolkata.
Driving Sustainable Growth in West Bengal
However, there is still considerable scope to improve carbon tracking, supply chain monitoring, renewable energy planning, and formal risk management systems.
This second edition builds directly on the insights generated in the first CII–Consultivo ESG Readiness Report (Version 1). While the earlier report captured the early stages of ESG awareness and adoption among industries in West Bengal, the current edition demonstrates tangible progress across multiple parameters.
A higher percentage of companies are now conducting energy audits, strengthening pollution and waste monitoring systems, and securing environmental certifications compared to the previous year.
At the same time, the findings make it clear that ESG maturity is still evolving. Gaps in data quality, the lack of consistent reporting frameworks, and limited tracking of supply chain and carbon performance remain important concerns. By presenting year-on-year comparisons, this edition helps organisations clearly see where improvement has occurred and where focused action is still required to achieve deeper and more integrated ESG implementation.
For business leaders, investors, policymakers, and sustainability professionals, this report provides a practical benchmark of ESG maturity in West Bengal’s industrial ecosystem.
Explore our knowledge bank: ESG Readiness: Insights from the CII-Consultivo Knowledge Report – Version 1
Download the full report to explore detailed analysis, sectoral insights, and actionable pathways for strengthening ESG performance!
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About CII:
CII is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India’s development process. Founded in 1895, India’s premier business association has around 9000 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 300,000 enterprises from around 276 national and regional sectoral industry bodies.
CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialised services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.
Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organisations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few.
Consultivo is a leading ESG consulting firm in India, providing advisory, research, audit, and training services in sustainability, business excellence, and risk management. It supports organizations across safety, environment and energy, CSR, management systems, and human capital, aligned with 100+ global standards and frameworks.
Explore our previous CII-Consultivo ESG Readiness Assessment
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The CII-Consultivo ESG Readiness Report Launched at CII West Bengal Annual Meeting & Conference 2026
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