Try GOLD - Free

'IN INDIA'S FRAGMENTED ESG SPACE, BUSINESSES NEED EXPERT ADVICE'

Outlook Business

|

July 2023

Snowflake, the US-headquartered cloud data platform, has emerged as a binding glue in the fragmented data ecosystem of environmental, social and governance (ESG) frameworks

'IN INDIA'S FRAGMENTED ESG SPACE, BUSINESSES NEED EXPERT ADVICE'

In today’s business landscape, ESG considerations are gaining prominence, as companies strive to align their operations with sustainable practices and meet evolving stakeholder expectations. Rinesh Patel, global head of financial services at Snowflake, tells Shailaja Tripathi how important it is for modern corporations to navigate the complex web of scattered ESG frameworks using tech tools which are customised to honour the investor and regulator’s expectations. Edited excerpts:

****

Tell us about Snowflake.

Snowflake is a data platform built in the cloud to help customers get access to data, manage that data and distribute it to help solve the internal data challenges and processes that help their organisations function in a data-driven economy.

Since ESG reporting is a hot topic, how do you see Snowflake carving out a niche?

MORE STORIES FROM Outlook Business

Outlook Business

Outlook Business

Currents of Change

A marine-robotics start-up in Kochi is building underwater drones for inspection, rescue and defence missions in harsh environments

time to read

3 mins

September 2025

Outlook Business

Brains Beyond Bots

The age of Al isn’t about replacement of jobs, it’s about the disruption taking place at the core of modern work, with implications we’re only beginning to understand

time to read

3 mins

September 2025

Outlook Business

Outlook Business

Reclaiming Mines and Cutting Methane

Sustainable mining is about striking a balance and extracting the minerals we need today, without compromising future generations.

time to read

1 min

September 2025

Outlook Business

Outlook Business

Sputtering Ahead

India must re-energise its Make in India campaign to take on global trade headwinds. Otherwise, it will continue to suffer from bullying by superpowers

time to read

6 mins

September 2025

Outlook Business

Outlook Business

Atmanirbhar Bharat needs atmanirbhar capital

Sanjay Nayar, president of Assocham and founder of venture-capital (VC) firm Sorin Investments, tells Deepsekhar Choudhury and Tarunya Sanjay that while India has seen an explosion of early-stage VC firms, the country continues to lack a deep pool of domestic capital. Edited excerpts

time to read

3 mins

September 2025

Outlook Business

Outlook Business

'There's a lot of momentum compared to five years ago'

Hemant Mohapatra, partner at Lightspeed India, tells Deepsekhar Choudhury and Tarunya Sanjay why India's start-ups are seeing a surge in scientific ambition. Edited excerpts

time to read

3 mins

September 2025

Outlook Business

Outlook Business

De-Risking Investments in the Mining Sector

There is an ever increasing demand for minerals in India with the increase in renewable energy deployment, battery storage and electric vehicles. But the mining and minerals sector faces a number of challenges.

time to read

1 mins

September 2025

Outlook Business

Outlook Business

In the Line of Fire

AI’s rapid rise is wiping out start-ups that once seemed promising. Investors now demand business moats and metrics that can withstand Al disruption

time to read

6 mins

September 2025

Outlook Business

Outlook Business

Uttar Pradesh's Beacon of Light

Tarai, Kashi Kshetra, and Purvanchal have emerged as prime pillars of development

time to read

3 mins

September 2025

Outlook Business

Outlook Business

Brands Beyond Borders

We live in an 'attention' economy. Brands are the lighthouses in an attention economy. I have written many times about India building global brands, but our progress is slow.

time to read

3 mins

September 2025

Translate

Share

-
+

Change font size