ICSI Advocates Principle-Based Stewardship to Tackle Climate Change

05 Dec 2025 CW Team

As a statutory body advancing corporate governance best practices, ICSI has positioned stewardship as responsible management of assets and relationships for sustained value creation, introducing the ICSI Guiding Principles on Stewardship (IGPS). The International Financial Services Centres Authority (IFSCA) has recognised the IGPS for adoption by Fund Management Entities and Institutional Investors in IFSCs, safeguarding the interests of clients, beneficiaries and society.

Emphasising stewardship beyond compliance, the IGPS aims to harness the role of Institutional Investors and Fund Managers in encouraging companies to shift from short-term gains to long-term outcomes by insisting on robust ESG frameworks that prioritise sustainable growth.

To support practical adoption, ICSI has launched a Stakeholder Engagement Toolkit on ESG to supplement the IGPS and assist Company Secretaries and Boards in formulating comprehensive ESG policies. The Institute has also introduced the ICSI Principles on Climate Change Governance (IPCG), providing guidance on climate-related disclosures, metrics and target-setting to monitor sustainability performance.

Highlighting the Institute’s proactive role, CS Dhananjay Shukla, President, the ICSI, said, “Integrating climate consideration into business frameworks require a cohesive methodology of well-crafted principles, detailed guidance on climate and sustainability matters and equipped professionals who can coherently translate it into reality. As a leading force in promoting best practices, the ICSI is offering it all, through its various initiatives.”

CS Asish Mohan, Secretary, the ICSI, added, “In a world where climate change is requiring corporations and nations, investors and investees, to act strategically, the Institute of Company Secretaries of India aims to utilise the significant pedestals occupied by these investors and stewards and promote principles-based governance to support sustainable development.”

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

With COP30 concluding in Brazil, the Institute of Company Secretaries of India (ICSI) has pressed the need for a principle-based corporate response to climate change and highlighted the strategic importance of embedding Environmental, Social and Governance (ESG) principles into business frameworks for long-term competitiveness.As a statutory body advancing corporate governance best practices, ICSI has positioned stewardship as responsible management of assets and relationships for sustained value creation, introducing the ICSI Guiding Principles on Stewardship (IGPS). The International Financial Services Centres Authority (IFSCA) has recognised the IGPS for adoption by Fund Management Entities and Institutional Investors in IFSCs, safeguarding the interests of clients, beneficiaries and society.Emphasising stewardship beyond compliance, the IGPS aims to harness the role of Institutional Investors and Fund Managers in encouraging companies to shift from short-term gains to long-term outcomes by insisting on robust ESG frameworks that prioritise sustainable growth.To support practical adoption, ICSI has launched a Stakeholder Engagement Toolkit on ESG to supplement the IGPS and assist Company Secretaries and Boards in formulating comprehensive ESG policies. The Institute has also introduced the ICSI Principles on Climate Change Governance (IPCG), providing guidance on climate-related disclosures, metrics and target-setting to monitor sustainability performance.Highlighting the Institute’s proactive role, CS Dhananjay Shukla, President, the ICSI, said, “Integrating climate consideration into business frameworks require a cohesive methodology of well-crafted principles, detailed guidance on climate and sustainability matters and equipped professionals who can coherently translate it into reality. As a leading force in promoting best practices, the ICSI is offering it all, through its various initiatives.”CS Asish Mohan, Secretary, the ICSI, added, “In a world where climate change is requiring corporations and nations, investors and investees, to act strategically, the Institute of Company Secretaries of India aims to utilise the significant pedestals occupied by these investors and stewards and promote principles-based governance to support sustainable development.”

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..