Wednesday

04


January , 2023
India’s first Carbon Neutral Conference at 47th Regional Conference
11:39 am

Pritha Misra


The Eastern IndiaRegional Council (EIRC) of ICAI has organised its annual signature event the 47th Regional Conference spread over two days -23rd& 24thDecember, 2022, at Biswa Bangla Convention Centre, Kolkata with the theme “उत्तिष्ठतजाग्रत – Awakening the Change Within”wherein morethan 2500members, finance professionals and others attendedthe eventfrom all across India.The 47th Regional Conference organized by ICAI & EIRC was inaugurated by CA (Dr) DebashisMitra, Hon’ble President, ICAIand was attended by CA Ranjeet Kumar Agarwal, Council Member, ICAI; CA Ravi Kumar Patwa, Chairman, EIRC of ICAI and many other eminent personalities.

This Conference was Eastern India’s first Carbon Neutral Conference. The carbon emissions caused by the event had been neutralized by funding an equivalent amount of carbon savings elsewhere in the world. This is done in the form of renewable energy projects and energy efficiency projects, which bring additional social and community benefits as well as reducing greenhouse gases. One of the key topics of the Conference was Social Audit and Social Stock Exchange. A social audit is an internal examination of how a particular business is affecting society and serves as a way for a business to see if the actions being taken are being positively or negatively received and relates that information to the company’s overall public image.Another topic of current interest was Sustainability and ESG. The 3 Ps of sustainability are People, Profit, and Planet. Those are the 3 principles upon which sustainability is built and sustainable development achieved. Knowing what the 3Ps of sustainability are and their importance is paramount to achieving our eco-friendly goals. Finding the right balance between the three principles of sustainability should be a very important part of the long-term corporate strategy.

The Theme of the conference was उत्तिष्ठतजाग्रत– Awakening the Change within.The Profession of Chartered Accountancy is undergoing a massive change with more thrust on technology which is impacting the profession now-a-days. To adapt to these changes and to maintain the position as trusted advisors for businesses around the world the profession is constantly evolving and adapting in various ways to meet the needs of businesses and clients worldwide.  As the world economy is becoming increasingly complex, businesses and organisations are increasingly relying on CAs to provide them with financial advice and guidance. Thus the Chartered Accountants have to be aware of the changes taking place globally and have to be equipped them to serve in a changing environment.

Talking about the occasion, CA (Dr) DebashisMitra, Hon’ble President of ICAI emphasized on the development of Technology and sustainability as per Global Standard. He praised the Carbon Neutrality aspect of the conference which will bring social and community benefits. While talking on G20 Summit 2023, he reiterated the Motto “One Earth One Family One Future” and confirmed the leadership of India and the efforts of the Institute towards this noble cause. He also added that the ICAI utilizes its surplus for the future generation to serve the Nation and to cater for the betterment of the society. 

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