PINAKI MAJUMDAR
Jamshedpur, Sept 20: XLRI Jamshedpur successfully conducted its international Finance Conference -2024 as a part of its Platinum Jubilee celebration.
The institute was established in 1949 and is among the premier business schools in the country. It was the first to start management education in India.
Focus on green finance and sustainable development
The two-day Conference on “Climate Change and Energy Transition: The Role of Green Finance in Sustainable Development” was held on September 13 and 14 in the institute’s Jamshedpur Campus.
The program included research paper presentations by research scholars and faculty members from various leading institutes both from India and abroad and thought-provoking discussions by industry leaders aiming to foster a deeper understanding of the consequences of climate risk on the human community and the role of the financial world to aid and explore a greener and sustainable society.
The event inauguration was attended by the Dean (Administration and Finance), Dean (Academics), faculty members of the institute, and research scholars and dignitaries from different universities and business schools from India and abroad.
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Opening address and keynote speech
In his opening address, professor A. K. Banerjee, chair of the conference, emphasized the need for a strategic alliance between academia and industry to contend with climate risk and its mitigation.
The highlight of the first day of the conference was the keynote address by Professor Prof. Sushanta Mallick from Queen Mary’s School of Business and Management. It was followed by the panel discussion titled “ESG Mandates, Climate Risk and Energy Transition: The Role of Green Finance.”
Insights from industry leaders
The panellists included representation from both policy and industry. They universally agreed that corporate houses can play a critical role in the pursuit of achieving the goals of sustainability.
The conference also held an editor’s meeting to provide insights from the editors’ lens to young scholars and attendees about the changing dynamism of publishing scholarly articles.
The second day concluded with a panel discussion on Sustainable Development, Industry 4.0, Project Funding, and Startup Initiatives and a valedictory session.
The panellists included representatives from Tata Steel, Deloitte Touche Tohmatsu India, IDFC First Bank, and Societe General. They discussed the evolving practices in the industry and emerging trends to address reducing carbon footprints to nurture the environment and the community without sacrificing strategic growth and the bank’s initiatives to promote green projects.
The conference concluded with felicitation and the certification of the best paper awards.
