Grand & Glorious Event to Remember India Maritime Awards 7th Edition

CK B Gr ou p of Companies: W he n we hear the term ESG, it sounds very daunting, especially for SMEs. But, actually it is not. It is not, because smaller things what we can do in our day-to-day life and in office actually contributes towards this cause. For instance, the lights we use in our office. Changing the normal lights to LED lights is a cost effective solution saving money for organisation in long run. In fact now days, the cost of LEDs has reduced drastically compared to what it was ten years ago. So saving in electricity bills coupled with long life of LEDs are added advantage for anyone. Going paperless is another way or at least making the best use of papers

Disposal of Electronic items we use in our offices in a prudent and responsible manner also goes long way in keeping the environment clean besides ensuring its reuses. Planting trees on special occasion also helps a lot. When our organisation turned 100 years, we planted around 20,000 trees with a vow to plant equal number of trees periodically Making best use of solar energy in our day to day lives is yet another small but effective way helping in that cause.

We have applied most of these small yet effective things in our Group so it is very easy for others to emulate. And frankly it is not a costly affair at all. On the contrary it helps in reducing the costs in the long run and goes a long way in achieving the ESG goals.

BCBA - ESG has been practised in India since time immemorial and comes from the four Vedas. From Customs Broker perspective –it's amazing to see the fraternity so updated as far as the knowledge of Environment Laws are concerned with respect to E-Wastemanagement.TheGovernmentisgoingtobe verystringentinthisaspect.

On Governance – yes, creating a safe working environment, a complaint mind-set for executing our daytodayfunctions,handlingexportsandimportsare verycrucial.WearefollowinguponlotofforeignlawsFCPA (Foreign Corrupt Practices Act) is just one of those. We, as a Customs Brokers, have to ensure that all kinds of compliance are prudently and strictly adheredasrequiredbythelaw

We are leading the lights and ensuring that ethical practices are maintained More importantly learn to say No to your clients and take businesses which are totallycomplaint,ethicalandfollowsthelawproperly.

It all begins from Foreign Trade (Development & Regulation) Act to Customs Act to Environment Laws to BIS to GST and finally to Motor Vehicle Rule and Regulations.WithCustomsBrokersbeinginthecentre ofit,inanodalposition, theyplaysaverycrucialrolein ensuringitscompliance.Infact,wehavetriedtocreate such an environment wherein for our Next Gen, wehavecreatedthegroupswherewecreatemind-sets of compliance and internal governance not only for our ownorganizationbutforentiretradeaswell.