SDG 16: Peace, Justice & Strong Institutions | SDG 17: Partnerships for the Goals
Institutions: Ministry of Corporate Affairs
NALSAR University and the Institute of Company Secretaries of India (ICSI) hosted Corp-Con 2025 in Hyderabad, focused on embedding ESG (Environmental, Social, and Governance) norms in corporate practice and preparing for reforms under IBC 3.0 (Insolvency and Bankruptcy Code). The conference brought together corporate secretaries, legal and governance experts to discuss how corporate law can better align stakeholder responsibility, environmental sustainability, and the social outcomes of business, along with improving insolvency process reforms to strengthen accountability and trust in corporate institutions.
As India tightens corporate governance and compliance standards, the conversations at Corp-Con 2025 signal a shift toward integrating ESG not just in disclosures but in regulatory and insolvency law. These reforms are likely to affect companies of all sizes, particularly in how financial distress, environmental compliance, and stakeholder impacts are considered in insolvency and governance processes.
Relevant Question for Policy Stakeholders: What legal and regulatory mechanisms can ensure ESG obligations under IBC 3.0 become enforceable rather than voluntary, especially among unlisted and smaller companies?
Follow the full news here: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2166197