ESG STRUCTURE IN A COMPANY
RAMESHCHANDRAN VADALI
Seasoned Professional with a mastery in Internal Auditing, Risk Management, and Compliance Control | Consultant for Family Businesses and MSMEs | Implemented Risk Management for Clients
1. Board of Directors
Role: Governance and Strategic Oversight
Responsibilities:
Set the tone at the top by integrating ESG into Airtel’s long-term strategy.
Approve ESG policies and initiatives aligned with global standards.
Monitor ESG risks and opportunities in the telecom and digital sector.
Review progress on sustainability goals and ensure accountability.
Key Focus Areas:
Climate change initiatives.
Ethical governance practices.
Social impact projects like digital inclusion and community development.
2. ESG Steering Committee (Senior Leadership Team)
Role: Policy Formulation and Monitoring
Responsibilities:
Translate the Board’s vision into actionable ESG policies and roadmaps.
Lead cross-functional coordination to implement ESG initiatives.
Regularly update the Board on ESG performance metrics and compliance.
Identify and mitigate ESG-related risks, such as environmental impact or data privacy concerns.
Key Focus Areas:
Policy alignment with international frameworks like UN SDGs, GRI, and CDP.
Driving carbon neutrality and waste management programs.
Functional Heads (ESG Integrators)
Role: Departmental Execution and Goal Achievement
Responsibilities:
Embed ESG principles into daily operations across departments (e.g., supply chain, customer relations, HR).
Define departmental targets for sustainability, diversity, and ethical practices.
Report performance metrics to the ESG Steering Committee.
Key Focus Areas:
Supply chain sustainability.
Workforce diversity and inclusion.
Customer-centric digital services with minimal environmental footprint.
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Functional Champions (Operational Executioners)
Role: Ground-Level Implementation
Responsibilities:
Act as change agents within their departments to drive ESG awareness.
Execute specific ESG projects, such as energy-efficient network installations or employee volunteering programs.
Collect and report data on ESG initiatives to Functional Heads.
Key Focus Areas:
Energy optimization in telecom infrastructure.
Community outreach and employee engagement.
Grassroots-level monitoring and reporting.
Internal and External Stakeholders
Role: Collaboration and Feedback
Responsibilities:
Engage with employees, customers, investors, and regulators to align ESG efforts with stakeholder expectations.
Leverage partnerships to achieve broader ESG impact (e.g., collaborations for rural connectivity).
Provide feedback loops for continuous improvement.
Key Focus Areas:
Transparent ESG disclosures and reporting.
Partnerships for sustainable development.
Flow of Responsibility:
Board of Directors: Sets the overall ESG strategy.
ESG Steering Committee: Develops policies and ensures alignment with corporate goals.
Functional Heads: Integrate ESG targets within departmental operations.
Functional Champions: Execute ESG initiatives on the ground.
Stakeholders: Provide input and help refine the ESG strategy.
The outcome of this Structure:
Seamless integration of ESG into the core business model.
Clear accountability and transparency at each level.
Measurable progress towards sustainability and governance excellence.
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3 个月Thank you for sharing Vadali