Shailesh Haribhakti joins advisory board of ESG solution company

New Delhi India January 13, ANI SRV Updapt, a SaaS-based ESG Solution Co., announced today that Shailesh Haribhakti, Board Chairman and Member of distinguished companies, has joined the advisory board to mentor the leadership team in their business and product development initiatives.

Speaking about this development, Haribhakti said that I am thrilled to join the Advisory Board of Updapt and be part of a company that is building a much needed Digital Sustainability Management System to help firms across the world in monitoring their ESG performances to net-zero and other social and governance goals. He added that ESG is becoming an integral part of the business and risk management strategy of companies because of the direct correlation to balance sheet performance and mandatory reporting set by regulators across the globe. ESG performance management is critical for companies and private enterprises that are looking to raise funds or work as supply chain partners with large firms, because of the focus on the same by Investors, Rating Agencies and Corporates. With data being central to any effective performance management, I believe Updapt's user-friendly SaaS-based ESG platform is well placed to help enterprises in their sustainability journey. Mithun Suvarna, Co-Founder Managing Director of Updapt, said : 'We are honoured and excited to have Haribhakti as part of our Advisory Board. His rich experience in governance and business management across different boards of diversified listed companies and Industry Bodies will be of immense value to Updapt's business journey Satish Ramchandani, Co-Founder Chief Business Officer of Updapt, said We respect Mr. Haribhakti's advocacy and enthusiasm towards ESG being fundamental to businesses and look forward to his insightful guidance. Haribhakti is a Non-Executive Chairman of companies such as L&T Finance Holdings Limited and Blue Star Limited. His other Board Directors include Ambuja Cements Limited, NSDL e-Governance Infrastructure Limited, ACC Limited, Bajaj Electricals Limited, Future Lifestyle Fashions Limited, and Gaja Capital Group. He is a well-known thought leader on the Indian Economy and Public Policy and is actively involved with several prominent institutions in India, including the NSE, CII, IMC, and ASSOCHAM. He has been a member of the Standards Advisory Council of the IASB in London for two years and is an Extech Exponential Technologies ESG Environment, Social, Governance IR Integrated Reporting Evangelist.

Updapt is a new technology-driven company that provides easy-to-use SaaS-based ESG solutions to address the end-to- end sustainability needs of enterprises and funds. The solution allows firms to track, monitor, and report their ESG performance data in line with the accepted Sustainability Standards along with deep analytics. The Digital Platform supports the organization's climate change management goals and productive engagements with stakeholders such as Investors, Rating Agencies, Boards, Regulators and Customers.

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