ESG Readiness: Insights from the CII-Consultivo Knowledge Report

Knowledge Bank | Social & Sustainability

ESG Readiness: Insights from the CII-Consultivo Knowledge Report has been released.

To access the full report, write to [email protected].

The CII-Consultivo ESG Readiness Report offers a comprehensive overview of how businesses in West Bengal are integrating ESG principles into their core strategies. The findings highlight a growing commitment to sustainability, with many organizations actively incorporating energy efficiency, ethical labor practices, and corporate governance into their frameworks. However, the report also emphasizes the need for structured ESG roadmaps and better alignment with global sustainability standards to drive meaningful change.

Research Findings

Based on extensive research among CII member companies, the report reveals that while businesses recognize the importance of ESG, only 44.4% of respondents come from industries with structured sustainability policies. Notably, 77.8% of companies monitor labor practices, and 66.7% track energy consumption and emissions. The manufacturing sector leads in renewable energy adoption, while industries like pharmaceuticals and supply chain management show potential for improvement.

Challenges and Opportunities

The study identifies data inconsistencies, greenwashing concerns, and the absence of standardized ESG metrics as major challenges. However, there are significant opportunities, including ESG-driven risk management, enhanced investor confidence, and regulatory compliance benefits. Companies that proactively embrace sustainability are better positioned for long-term resilience and competitive advantage in a rapidly evolving ESG landscape.

Report Launch at CII State Annual Meeting 2025

The CII – Consultivo ESG Readiness Report was officially launched on March 11, 2025, at Taj Bengal, Kolkata, during the CII West Bengal Annual Meeting. The event featured industry leaders and policymakers, including Dr. Sashi Panja, Hon’ble Minister-in-charge, alongside senior representatives from CII and Consultivo. The launch reaffirmed the collective vision for sustainable business growth in the region.

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To access the full report, write to

[email protected]

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.

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