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The delegation also highlighted IOD India's contribution to strengthening corporate governance. enhancing board effectiveness. and developing ethical and competent board leadership.
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Human, eco-system and planetary health are inter-related. Pollution of the environment, biodiversity loss and climate change are also important drivers of the emergence and spread of disease. Life forms adapt in differing ways and at varying speeds. We can learn from species with whom we have a common ancestry.
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Over recent years, the World Economic Forum's annual Global Risks Report has identified sustainability-related risks, including 'Biodiversity loss and ecosystem collapse', 'Extreme weather events' and 'Critical change to Earth systems' as within the top ten most severe long-term risks (WEF 2026).
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Sustainability has become an economic force that is deciding the direction of capital flows, shaping expansion plans and designing pivotal strategies. When a topic begins to influence investment decisions, trade terms, resource security and innovation, it stops being the last agenda item of the meeting and becomes the operating environment the company must navigate if it wants to grow
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Maldives development model depends heavily on tourism, fisheries, imported fuel and coastal infrastructure, while its geography exposes communities and economic assets to sea-level rise, flooding, erosion, coral degradation and freshwater stress. Environmental decline can therefore quickly become a fiscal, social and governance crisis.
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Business leaders today are navigating a convergence of challenges that would have been almost unimaginable just a decade ago. Climate change is increasing physical risks to infrastructure. supply chains and communities. Geopolitical fragmentation is reshaping value systems. and trade and investment patterns.
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For decades, corporate governance has been aimed towards maximizing shareholder value, assessed almost exclusively through financial metrics. However, with the times changing, we see the business landscape evolving into one that operates under a social conscience.
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By- Institute of Directors | Authored by- Hon'ble Justice Mrs. Sunita Agarwal
Aug 12, 2026
The theme of this year's Conference, "Board Strategy for Securing the Future: Risk and Resilience in Nature and Climate Governance," reflects that transformation. It recognises that environment management is no longer confined to pollution control, regulatory compliance or corporate social responsibility. It has become a question of governance, strategy and long-term institutional resilience.
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The Union Cabinet has approved the BHAVYA-Rasayan (Bharat Audyogik Vikas Yojana Rasayan) scheme with a C3,030 crore outlay to establish three world-class chemical parks across India, aimed at strengthening the country's chemical manufacturing ecosystem.
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By- Institute of Directors | Authored by- Mr. Prem Kumar Taneja, IAS (Retd.)
Aug 12, 2026
Green finance and sustainable capital allocation are, to my mind, among the most critical drivers of the global energy transition. I believe capital remains central to achieving meaningful progress, and that aligning financial resources with sustainability objectives has the potential to create transformative outcomes.
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Institute of Directors (IOD) is an apex national association of Corporate Directors under the India's 'Societies Registration Act XXI of 1860'. Currently it is associated with over 30,000 senior executives from Govt, PSU and Private organizations of India and abroad.
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