Indian Institute of Management Ahmedabad (IIMA) in collaboration with National Investment and Infrastructure Fund Limited (NIIF) is all set to establish the country’s first research chair in ESG.
‘NIIF Chair in ESG at IIMA’ will work closely with the Arun Duggal ESG Centre for Research and Innovation at IIMA. It will function as the principal hub of knowledge and insights that allow businesses and policymakers to incorporate ESG principles in their long-term business and governance decisions.
The NIIF Chair in ESG at IIMA will be conducting research on crucial, globally relevant ESG issues, engaging with Industry to create long-term ESG oriented business strategies and practices, acting as a knowledge partner to Government(s) about policy formulation, engaging with international think tanks and agencies to create knowledge and experience sharing opportunities and platforms
Professor Errol D’Souza, Director, IIMA said, “We are delighted to set up a Research Chair for ESG with NIIF. The industry is increasingly realizing the importance of recognising and incorporating ESG in its operations. There is a need for extensive research in the area and the designing of a frame of reference that can help Indian companies integrate ESG fundamentals in their business strategies and decisions in the long run. The research chair for ESG will work towards structuring and crafting a strategic roadmap for policymakers, practitioners, and students at the Institute to help plugin gaps in research and development in the area.”
Mr Sujoy Bose, Managing Director and Chief Executive Officer, NIIF, noted, “We are delighted to collaborate with IIM Ahmedabad in the area of ESG, which is core to our investment and asset management activities and approach. This collaboration complements NIIF’s ability to influence and activate a large ecosystem of infrastructure investors and partners, growing companies of national importance and Indian fund managers, with IIMA’s strong alumni network, rigorous academic approach and research capabilities. As India marches towards its Net Zero goals, we believe that the next leaders of industry will rise from a sound foundation of adopting best-in-class ESG practices. Strengthened by our partnership with IIMA, we hope to lead the conversation and actions around climate preservation and sustainable development.”
The appointment for the ‘NIIF Chair in ESG at IIMA’ position will be initiated through a public announcement inviting applications with details of eligibility criteria and process.
IIMA recently inaugurated the Arun Duggal ESG Centre for Research and Innovation to establish a Centre of Excellence to help Indian industries design and implement development strategies that are equally mindful and responsible towards societal prosperity and environmental sustainability.