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Our modern industrialisation, to some extent, has its roots in Westernisation, and it is from that tradition that we have drawn the parameters by which we now measure ourselves against the Western industrial world. Yet we must develop our own atmosphere and our own measures, for if our GDP is to have any real meaning, it must be connected to our roots and to our own way of thinking.
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Through its thought leadership, director development programmes, governance publications and national forums, it has been constantly encouraging responsible leadership and board excellence. I am particularly delighted that Chennai has been chosen to host the inaugural edition of the National Convention on 'Boards' Series.
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After my initial stint as a Sub-Collector, I was immediately given a very challenging opportunity. To be very frank, it was a newly created opportunity. It was not even a career post; it was a post created in Rameswaram as the Project Director of Palk Bay Fisheries.
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As a global integrated logistics and energy company operating across diverse geographies, we have witnessed first-hand how resilient governance enables organisations to navigate uncertainty, seize emerging opportunities and create enduring value.
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The winners of tomorrow will be those who can connect capabilities, build bridges, share knowledge, create ecosystems that are larger and more capable than any individual organisation, and this has an important message. The future of competition is increasingly the competition between ecosystems.
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By- Institute of Directors | Authored by- Hon'ble Justice Mrs. Sunita Agarwal
Aug 12, 2026
The theme of this year's Conference, "Board Strategy for Securing the Future: Risk and Resilience in Nature and Climate Governance," reflects that transformation. It recognises that environment management is no longer confined to pollution control, regulatory compliance or corporate social responsibility. It has become a question of governance, strategy and long-term institutional resilience.
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By- Institute of Directors | Authored by- Mr. Prem Kumar Taneja, IAS (Retd.)
Aug 12, 2026
Green finance and sustainable capital allocation are, to my mind, among the most critical drivers of the global energy transition. I believe capital remains central to achieving meaningful progress, and that aligning financial resources with sustainability objectives has the potential to create transformative outcomes.
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In many ways, one could even say that compassion is the highest form of preparedness, because when we prepare, we prepare not only for ourselves but also for others who may be affected by unforeseen circumstances. Conversely, the absence of preparedness means that we continue to act without sufficient foresight for what the future may bring.
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I would like to begin by referring to some of the points raised by Dr. Ajay. He brought forward several important aspects, particularly regarding the role of carbon dioxide and fossil fuels, which deserve continued debate and discussion. It also reminds us how dynamic this field truly is. New discoveries continue to emerge, some anticipated and many completely unforeseen.
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We will have to pursue multiple pathways simultaneously. Anything that enables us to significantly reduce carbon emissions deserves serious consideration. That is precisely why GMDC is investing in underground coal gasification.
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