The CII – Consultivo ESG Readiness Report was officially launched at the CII West Bengal Annual Meeting 2025 on March 11 at Taj Bengal, Kolkata.Â
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.
Explore our latest CII-Consultivo ESG Readiness Assessment
Founded in 1895, CII is a leading industry association representing over 9,000 direct members and 300,000 enterprises across sectors. It works closely with government and stakeholders to shape policy, enhance competitiveness, and create business opportunities.Â
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.Â
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Category:Â Knowledge Bank
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