Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings from global firms like Moodys where one of the questions being asked is around diversity and inclusion. Indian companies also need to disclose Business Responsibility and Sustainability reporting besides adhering to integrated reporting where ESG etc, is being integrated into annual reports.
women leaders: India Inc placing rising emphasis on gender diversity in top roles
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Book launch: A M Naik: The Man who Built Tomorrow
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A M Naik: A Story of Passion, Devotion, and Commitment
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Despite gender diversity efforts in India, women are underrepresented in CFO roles. Challenges include bias, retention issues, and supply-side constraints. Companies struggle to retain high-potential women, impacting women s rise to top finance roles.