Markzin

Orienting MSMEs toward responsible business practices is critical, as they face significant challenges in adopting these due to financial constraints and limited awareness. Making all the stakeholders of MSME ecosystem aware and capable of adopting sustainable and responsible business practices is the key to achieve the collective goal of Net Zero and India@100. Here is an interesting article by Ranjana Das, Advisor at Markzin Young that highlights the emerging dimensions of ‘Sustainable and Responsible Business’ in India https://lnkd.in/ghcJxx9J #responsiblebusiness #sustainablemsme

🌍💡 #Decarbonization, #Digitalization, and dynamic #Markets: Machine builders and manufacturers navigate an ever-changing environment, demanding flexibility and adaptability. At the upcoming #SPS2024, Madlen Junker, Financing Solution Partner for Siemens Industry, will discuss how intelligent #financing solutions empower short-term investments in cutting-edge technologies. 📅📲 Save the date and join the daily broadcast from Siemens! Download link in the comments.

Reaching out to the 'Last mile' of MSME ecosystem with accurate, timely information and support is the most effective strategy to ensure achievenet of sustainability goals.

Addressing multifaceted development challenges is critical to reduce the threats of climate change, pollution, and biodiversity and nature loss to widening inequalities and shrinking space for participation and dialogue. Women, children and young people, indigenous people, persons with disabilities, migrant workers and displaced persons, among others, are some of the rights holders often disproportionately affected by business-related human rights violations, and often the least able to access remedy. Ranjana Das, Co-Founder of Markzin Young Private Limited, highlighted the importance of an inclusive approach towards it. At the 6th UN Responsible Business and Human Rights Forum at Bangkok, she highlighted the importance of Human Rights Due Diligence as an important global framework to accelerate the collective progress towards sustainable and responsible business practices. Critical importance of creation of awareness among the small and micro entrepreneurs to adopt good practices and articulate the real challenges to reduce the incidences of business- related human rights violations. Our technology-based solution Nature Responsive Finance For Sustainability (NRFS) intends to bring all stakeholders of MSME ecosystem in India to learn and adopt the practices to ensure sustainable and responsible business.  #sustainableMSMEs

It was indeed an insightful evening to listen to Shri Gurdeep Singh, Chairman and Managing Director of NTPC Limited to highlight the inevitable necessity of ensuring transition to sustainable methods by adopting technology enabled process of power generation. During his Bengal Chamber Leadership lecture, an annual event organised by The Bengal Chamber of Commerce & Industry, Shri Singh shared his experience of shifting focus from the conventional to renewable sources, he explained the feasibility of achieving the target of ‘Net Zero’ by India in stipulated time. Conscious efforts and collective action is required for achieving that. Great appreciation for the Bengal Chamber of Commerce & Industries for bringing key players of power, education and other industries together to discuss and define the future pathways for the sustainability journey.  #netzero #sustainablepowergeneration

Team Markzin received the opportunity for participating at Dimensions of Professional Selling (DPS)”… the training with the alchemising effect to transform the entire Marketing & Sales activities into more efficient and impactful action. DPS is an innovative training that enables the participants to take their own business through a well- defined process and specific milestones to achieve the goal of effective sales and marketing. ‘Dimensions of Professional Training’ is an instructor- led process that focuses on the active participation of all attendees. The entire methodology of the training is developed by CAREW International and brought to the country by B- MORE Consulting. As a recipient of the training, it was an amazing experience to learn, review and implement the learnings in real life strategy formation for integrating the DPS strategies into the sales plan for our own business. Huge appreciation for the Bengal Chamber of Commerce and Industries for introducing this very practical and impactful training within the access of business & commerce ecosystem members. 

Artificial Intelligence (AI) is already being leveraged for achieving all 17 UN Sustainable Development Goals (SDGs)—from the goal of eliminating poverty to establishing sustainable cities and communities and providing quality education for all. Generative AI has opened even more possibilities. It’s an established fact today that AI plays a major role in promoting not only productivity and economic growth but also social good. Nature Responsive Finance for Sustainability also integrates AI, ML & NLP innovations to ensure better coordination among MSMEs in India to ensure their ESG compliance and contribute towards achievement of Net Zero targets. Here's a very interesting report by McKinsey & Company clearly points out towards the potential of leveraging AI to achieve the SDGs. https://lnkd.in/e6tZGJfJ

AI workloads also mean increased requirements for power and generation of more heat. The rising need of processing large volumes of data quickly over a short period has led to a surge in electricity demand among data centres. It’s great to see that CtrlS Datacenters Ltd has started adoption of sustainable practices to (em)power the AL & ML innovations.  

MSMEs Get a Major Boost in Union Budget 2024. ESG compliant practices can further incentivise industries and entrepreneurs in India to grow in a sustainable manner.  #MSME #sustainablebusiness

ESG is not an option now, but a mandate.