nfr brochure insight

8/4/2019 Nfr Brochure Insight

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Theme :India is fast emerging as a growth engine and the Indian businesses are now facing newchallenges:

These new-age challenges are different from the conventional ones active so far viz...challenge of growing profits, revenues and markets in the face of increasing competition,etc. The new challenges centre around securing a 'social license to operate', ensuringlong term sustenance, generating a long term value and creating a win-win betweenbusiness, society and the environment. In the midst of these transformationalchallenges, it is imperative for the business to perform not only financially but also to begood corporate citizens. Following the path of holistic growth and creating sustainable

values is the only route that leads to embracing transformation, combating challengesand achieving growth. But.... is walking on the sustainability path alone is enough?

Expectations of the stakeholders have changed from tell me to show me to proveme. The businesses that are following Sustainability as a new trajectory to growth arefinding it inevitable to incorporate and include a wide range of stakeholders andcommunicate the social and environmental impacts of their business with this set of stakeholders. Sustainability Reporting or what we also call Non-Financial Reporting(NFR), is an evidence of commitment to these values, wherein Transparency andAccountability are the cornerstones , which also serves a pivotal role as a businessstrategy .

The ever increasing number of companies adapting the practices of Non-FinancialReporting to communicate their sustainability impacts is becoming a mainstreambusiness practice across the world. In India the trend of such Reporting isrelatively new and the Companies are still grappling with the need for such disclosure.However, the number of companies communicating their sustainability impacts hasrisen considerably and Government too is encouraging such disclosures. Transparency is a key component in such reports that that helps both - companies andgovernments to manage resources and public expectations.

Global Reporting Initiative GRI is the world's most widely accepted framework for communicating Non-Financial Performance status with stakeholders.

(www.globalreporting.org). the flexibility of the standard enables companies of all sizesand sectors across the globe to utilize the standard for the creation and presentation of their sustainability stories.

The theme of this seminar is to touch upon the finer aspects of the concept and also togain insight into Government's approach towards Non-Financial Reporting, especially inthe event of Corporate Social Responsibilities being recently mandated for Public Sector Undertakings.

Non-Financial Reporting: Emerging Trend and Role of


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Timing (Hrs.) Subject Speaker

09.30 Registration and Tea

10.00 Inauguration

10.15 Seminar RationaleMs. Sheela MistryFounder, CEOInsight Associates

10.25 Keynote addressDr.U.D. Chaubey

DirectorStanding Conference of Public Enterprises (SCOPE)11.15 Tea Break

11.30 Sustainable CSRand Opportunities challenges Dr. Ajit Prasad

Director Asia Pacific Institute of Management13.00 Lunch Break

14.00 Emergence of NFR trend underGRI and its growing acceptance in IndiaDr. Aditi HalderDirector,GRI-India Focal Point

15.15 Organizational Perspective of mandating CSR and NFR reporting

Mr. Dinesh AgrawalCSR Head, NTPC, New Delhi

16.30 Tea Break

16.45 Business Case and Discussions Dr. C.V.BaxiVisiting faculty at IIM Kozikode, MDI, NIIT University andAsia Pacific Institute, among others

17.15 Q&A and Open session

17.30 Closing remarksDr. Veena Tewari a di and Prof. Saurabh MittalAsia Pacific Institute of Management, New Delhi

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17.45 Vote of Thanks

Who should participate- Sustainability Head- HSE Head- CSR Head- CFO- Senior officers- Executives from corporate

Rs. 1200/- only per participant.The members are requested to nominate their officers for the programme.

Mr.

Associate Consultant,Insight Associates

Saurabh Jain

- Industrialists- Communication heads- Business Strategy Division executives- Heads of Manufacturing Companies- Concerned Officers, consultants & students

Asia-Pacific Institute of Management3 & 4, Institutional Area, Jasola, Opp. Sarita Vihar,

New Delhi 110025 IndiaPh.: +91 11 420 94836, 9899125963

www.asiapacific.edu

Insight Associates109, Ashirwad Towers, Opp. Sardar Park II,

Nr. Gattu Vidyalaya, GIDC, Ankleshwar-393002

Dist.: Bharuch, Gujarat-IndiaPh. +91 9824054696 / +91 2646 239199Email: [email protected]

Contact Us:

Participation Fees:


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