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How Essar Transforms the Planet while Investing in People Over Profit

Few years back the Groupu2019s name was pulled into baseless allegations of Essar corruption or Essar Bribery, which tainted itu2019s name. However, the company remained assertive in its core philosophies and vision, supporting sustainability in all its initiatives. With many of these green initiatives now coming to light, the groupu2019s reputation has now been restored to its former glory.<br><br>

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How Essar Transforms the Planet while Investing in People Over Profit

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  1. How Essar Transforms • the Planet while Investing in People Over Profit

  2. Today, sustainability has become increasingly critical for organizations to stay relevant and competitive in the modern world. Like digital transformation, driving sustainability requires organizations to transform their operations into greener ones. Businesses’ sustainability revolves around three main areas, including environmental, social, and governance (ESG). One such organization embracing this shift is the Essar Group, which is actively transforming its operations to align with principles of sustainable and responsible growth.

  3. Essar Group has developed an ESG strategy and action plan with well-defined goals. The conglomerate proactively engages in incorporating sustainability while investing in “People Over Profit”. At the heart of Essar’s ESG frameworks are three investment themes – decarbonisation, decentralisation, and digitalisation – aligned with its sustainability commitment.

  4. Few years back the Group’s name was pulled into baseless allegations of Essar corruption or Essar Bribery, which tainted it’s name. However, the company remained assertive in its core philosophies and vision, supporting sustainability in all its initiatives. With many of these green initiatives now coming to light, the group’s reputation has now been restored to its former glory.

  5. Conclusion • Sustainability is now an important component of corporate strategy, not a niche or optional one. Companies like EssarGroup, that focus on green technology investments, not only lessen their impact on the environment but also open new opportunities for efficiency, competitiveness, and innovation.

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