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Embracing CSR, sustainable initiatives, and ESG principles is not just a choice but an essential pathway to enduring st success in the 21 century.
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It's such a delight and a pleasure and privilege to be here. My congratulations to the Institute of Directors for creating program which is unique, necessary and important for the entire country. The Prime Minister has left Abu Dhabi where he has participated in the conference and given directions at the highest level.
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I think the time is not far when the total shareholders' value will become extremely important, which will also incorporate the value that we create out of building the brands and how the brands are built not only by the profits but also by what we are giving to society and the environment.
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Naturally, I must confess that I was not even aware of an institution, such as the Institution of Directors. I had thought of the institution of engineers, institute of chartered accountants, but never thought of there could be an institution which could be an Institution of Directors. It has been just about a year since my association with this institution has begun. I must say it has been a complete eye-opener for me.
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Inside the Boardroom provides an extraordinary peek into how directors' behaviour may be the real underlying cause of corporate failure.
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A lot of credit for this transformation goes to the Institute of Directors, which being the apex association of corporate directors, has been one of the most vocal organisations in enabling policy initiatives that backed the inception and growth of CSR
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