Gender diversity boosts ESG scores, Indian companies take notice

The push for gender diversity The Indian companies is gaining momentum as firms prioritize environmental, social, and governance (ESG) goals to enhance their sustainability and societal impact.

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Initiatives aimed at promoting gender diversity, such as setting diversity targets and implementing mentorship programs for women, are becoming integral to companies' strategies to improve their ESG scores.

According to Taruna Saxena of Grant Thornton Bharat, measures like gender-neutral recruitment and leadership development tailored for women are crucial for enhancing ESG performance. Additionally, initiatives such as flexible work arrangements and support for women returning to work after career breaks demonstrate a commitment to equality and talent retention.

Experts highlight the effectiveness of targeted programs like mentorship initiatives and bias-free recruitment practices in enhancing ESG performance. Indian companies are responding to these imperatives, with examples such as Titan Company and Hindustan Unilever leading efforts to promote gender balance across all levels.