AIMA to offer training in sustainable management as ESG gains traction

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NEW DELHI: As climate change mitigation, ESG and conscious capitalism gain interest, the All India Management Association (AIMA), an industry-led management federation, plans to offer a course on sustainable management.

The course offers “in-depth knowledge of the different techniques and practices necessary for sustainable development. Its main objective is to give… the expertise and skills necessary to maintain a balanced harmony between people, planet and profit, ”AIMA said, adding that industry professionals, non-governmental organizations and officials working in the field of sustainability can benefit from the offering.

“The relevance of this course is increasing dramatically, as the nature and scope of sustainability management has undergone a huge transformation in recent times; not only in existing ecosystems, but also through new emerging business models such as sustainable and social enterprises, ”said AIMA.

With global issues such as climate change, pollution, energy consumption, waste generation, etc. looming on the horizon, corrective actions have become urgent and collaborative, said Nayan Mitra, founder of Sustainable Advancement, an advocacy policy. Mitra will lead the AIMA course offering.

Mitra said there are two factors that are accelerating the push for sustainability – one, companies with a vision can no longer strategize without considering the environment, and two the impact of environmental changes is more visible. than ever. Businesses, schools, environmentalists and people will need to be on the same page. Collective growth is the need of the moment, she said.

The shift indicates a growing acceptance that conscious capitalism is the way forward for sustainable growth and that the value proposition of stakeholders is as important as growth of shareholders.

AIMA said there is a growing need to find ways to integrate sustainability into existing business models. “Sustainable entrepreneurship is a new breed in the entrepreneurial world in terms of operational efficiency and needs. As sustainability becomes mainstream, an increasing number of companies across all industries, including finance, healthcare, manufacturing and construction, will rely on sustainability leaders to unravel complex sustainability issues, ”he said. declared AIMA.

The professional roles of those responsible for sustainable development lie at the intersection between environment, society, economy and culture, where they are primarily responsible for educating stakeholders on practices that harm the environment and to help them design solutions to mitigate them. As a result, responsible leadership roles focused on sustainability issues are increasing.

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