Friday, 12 August 2022

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ICS awards launched for Responsible Indian Companies

India Responsible Competitiveness Awards aims to increase awareness of corporate responsibility and promote the practical application of responsible strategies that benefit employees, society, the environment, as well as bottom line financial results

Gurgaon, A leading initiative has been taken to  recognize and reward India's top performing companies in the area of corporate responsibility, the India Responsible Competitiveness Awards, was launched at the 13th Annual TCI Global Conference, in Gurgaon, Delhi NCR.

The India Responsible Competitiveness Awards aims to increase awareness of corporate responsibility and promote the practical application of responsible strategies that benefit employees, society, the environment, as well as bottom line financial results. 

Sunil A. Misser, CEO of AccountAbility, commented: "AccountAbility is excited to be bringing our renowned Responsible Competitiveness approach to India. Responsible Competitiveness is about rewarding companies that address social, environmental, and economic and governance issues in a holistic manner.”
Dr. Amit Kapoor, Director of the Institute for Competitiveness, added: "From a purely regulatory standpoint, India compares favorably with most other developing and Asian economies as far as its corporate governance rules are concerned.”

The Responsible Competitiveness methodology requires companies to complete an initial self-assessment framework across seven drivers of responsible competitiveness. Short-listed companies are then interviewed, and the final winners are selected after a rigorous analytical process. 

Information on how to participate in the Awards will be announced next month in the Indian national media and on the partnering organisations' websites. The initiative will be supported by corporate sponsorship and participation fees. 
 

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