Need for awareness on ESG in the Poultry Sector
Karnataka Poultry Farmers & Breeders Association
An Apex body, representing Poultry Farmers & Breeders of Karnataka and to promote Broiler consumption in the State.
Just like any other sector in the country, the poultry & livestock sectors have a large environmental footprint – energy, water, and waste. There is a need to address this not only after the fact but also include this in the design and planning of the processes, transportation, and end-use of the products from these sectors.
World over, industries, both in services and products, are focusing more and more on internalizing the environmental, social, and governance aspects, to play a responsible role as well as improve bottom line costs and image, while reducing liabilities downline.
Five years ago, India's ESG regulations, which are essentially a framework to evaluate the sustainability and ethical impact of a company or investment, were minimal or voluntary. ?Today, they are comprehensive and mandatory, and considered to be at par with global sustainability and reporting standards.
Starting 1 April 2023, SEBI made it mandatory for the 150 largest publicly listed entities to report on business responsibility and sustainability practices using a core framework comprising a set of 42 Key Performance Indicators (KPIs) for mandatory reporting in annual reports. It also requires prospective investors to obtain assurances on KPIs from accredited ESG ratings providers on country-specific parameters, such as emission reductions, stakeholder interests, workforce safety, and leadership and governance. Shortly after, SEBI mandated the BRSR Core framework (as a sub-set of the BRSR) for the same entities, to provide assurances for nine KPIs in their value chain, i.e., those entities that cumulatively comprise 75% of the listed entity’s purchases or sales. SEBI is likely to extend the regulation to the 1,000 largest publicly listed companies by 2027.
Giving context to the ESG in poultry and livestock sectors in India, they come in varied sizes and ownership. While most poultry companies in Karnataka are family-owned and mostly not public listed companies, with the growth of this industry in the years ahead, there is a need for a better understanding of ESG issues to ensure that there is a trend towards responsible production, keep all interests in mind – environmental, social, statutory, and image.
In this context, the Karnataka Poultry Farmers & Breeders Association is hosting a series of awareness sessions on ESG. KPFBA has invited Manvel Alur CEO & Founder, Environmental Synergies in Development to deliver a series of webinars, which are open to all, with limited seats and we want all our members to get educated on the topic. The webinar has four sessions of 1 hour each on 18th, 20th, 26th & 28th March from 10:30 to 11:30 am.
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About the Speaker: Manvel Alur has over three decades of experience in sustainability strategy, program design, business development and management, and impact evaluation. Sectoral experience includes climate change mitigation and adaptation, environmental solution design, corporate sustainability, community engagement, waste management solutions, and education. She has a wide range of experience ranging from building & heading an NGO and consulting for domestic and international clients, to being employed in various organizations, including governments, corporate clients, community groups, academia, and consulting groups. She has Guided over 50 companies in implementing environmentally sustainable businesses and assisted in the development of projects with the potential to generate over 10 million carbon credits.
Click here for more details on how to register: Webinar, ESG & Poultry Sector (google.com)
Organizers: Karnataka Poultry Farmers & Breeders Association
Strategic Management Professional | Expertise in PR, Events, NGO/NPO, Government Liaison, Urban Research & Real Estate | B.Sc., MBA, MicroMasters? (IIMB)
11 个月ESG (Environmental, Social, and Governance) factors are increasingly vital in the poultry sector. Environmentally, sustainable practices reduce resource consumption and pollution, crucial for long-term viability. Socially, ensuring animal welfare, fair labor practices, and community engagement enhances reputation and stakeholder trust. Governance involves transparent operations, ethical decision-making, and accountability, fostering investor confidence and resilience. Integrating ESG principles not only aligns with ethical standards but also mitigates risks and enhances competitiveness in the poultry sector.