G20 Presidency Paves the Way for an ESG-driven New World Order
The concept of Environmental, Social, and Governance (ESG) has gained significant traction in recent years as a framework for assessing sustainability and societal impacts of business entities. The ESG ecosystem refers to the interconnected network of stakeholders, including companies, investors, regulators, government, and civil society organizations, that play critical roles in promoting and implementing sustainable practices.
Business entities are increasingly being held accountable for sustainability of their performance by all stakeholders. This is prompting a growing number of companies to incorporate ESG considerations into their operations and reporting on their initiatives for sustainable performance through various frameworks and reporting standards.
The G20 Presidency's pivotal role in paving the way for this ESG-driven New World Order cannot be overstated. This summit provides us with a unique opportunity to collectively redefine our priorities, reimagine our strategies, and forge partnerships that will steer us towards a more sustainable and resilient future.
Mission 5 Trillion – CMA as a Cryogenic Force
Global Summit - 2020 held on 09-11th January, 2020 at the Ashok Hotel, New Delhi
Global Summit was organized on the theme "Mission 5 Trillion – CMA as a Cryogenic Force" which aligns with the national goal set by Hon’ble Prime Minister of India to achieve 5 Trillion economy by the year 2024-25. Shri Som Parkash, Hon’ble Union Minister of State for Commerce & Industry was the Chief Guest of the Inaugural Session. Shri Anurag Singh Thakur, Hon’ble Union Minister of State for Finance & Corporate Affairs graced the occasion as the Chief Guest of the Technical Session. Shri Piyush Goyal, Hon’ble Union Minister for Railways and Commerce & Industry was the Chief Guest of the Valedictory session. The Global Summit was addressed by eminent persons holding high positions in the Government, Industry leaders and management experts both from India and abroad. A MoU was signed between the Institute of Cost Accountants of India and IICA too.
CMA @75: Inspiring Towards Centenary
Platinum Jubilee Celebrations on 14th July 2018 at Vigyan Bhawan, New Delhi
The event reflected the 75 years of glorious journey of the Institute towards Centenary with glorious achievements & accolades. Since 75 years, the CMA profession has strived relentlessly to promote the socio-economic development of the country. The Platinum Jubilee celebration was launched by the first citizen of the country and Chief Guest of the event, Hon’ble President of India, Shri Ram Nath Kovind. Shri PP Chaudhary, Hon’ble Union Minister of State for Law & Justice and Corporate Affairs was our Guest of Honour. A Pocket Book and a Booklet got released to mark the occasion. The hon’ble Chief guest of the event President of India - Shri Ram Nath Kovind in his address stated that Cost Accountants play a substantial part in enhancing efficiency of processes particularly in manufacturing and of capital use. Indeed, Cost Accountants are the best managers of the three Ms of the business organization. These three ‘Ms’ are men and women who work there, the materials used as inputs and the machines deployed for processing fabrication and creation. As global manufacturing evolves and as manufacturing in India gets a boost over the coming decade with the maturing of our Make in India programme; Cost Accountants will have a bigger and bigger role to play.
Academic & Economic Reforms-Role of Cost & Management Accountants
Global Summit - 2017 held on 29th June 2017 at main Auditorium of Science City, Kolkata and on June 30, 2017 at EZCC, Kolkata
In this event, The Institute was extremely proud to have Shri Pranab Mukherjee, Hon'ble President of India as the Chief Guest; Shri Keshari Nath Tripathi, Hon'ble Governor of West Bengal and Shri Arjun Ram Meghwal, Hon’ble Minister of State for Finance and Corporate Affairs, Govt. of India as the Guests of Honour during the inaugural session. The Global Summit was also addressed by eminent persons holding high positions in the Government, Industry leaders, Medical professionals, Academicians and management experts both from India and abroad. A Memorandum of Understanding (MOU) was signed between NISM (an educational initiative of SEBI) and ICMAI at the end of the session. Hon’ble President of India appreciated the exemplary work done by the Institute in producing skilled business professionals who are contributing to nation building by saying that education is democratic dividend and professional organizations like The Institute of Cost Accountants of India are playing a key role in this regard.
