00:00it is true when they say that the future of a nation is shaped in its classrooms it's been
00:10very encouraging to see the initiative and efforts taken by the faculty of SPJIMR to
00:18focus on sustainability to my mind it's very important that academia and industry work
00:26together because that is when we get a holistic better output especially for our students who
00:32are our future leaders the world of sustainability is undergoing tremendous change today and it needs
00:40to be looked at through many lenses for instance on the environment side what is the science telling
00:46us there is also shifting sands on the political side as far as ESG is concerned economics is playing
00:53a very critical role especially in the energy transition and lastly there are a number of new
01:00opportunities arising from technological changes that can help on sustainability one of the most
01:06critical aspects on sustainability is finance now from a bank perspective we need to look at it from
01:14three pillars the first is what are we doing as our own institution in terms of reducing our carbon
01:21footprint the second is looking at it from a liability perspective of how do we raise sufficient green
01:27resources to online and lastly we need to be able to position ourselves so as to help in transition
01:36finance because that is the most critical role that banks will play in helping industries move towards
01:42greener initiatives it's through these discussions these frank and free discussions deliberations from a wide
01:50variety of people that help us understand what is right for india and what kind of a vixit bharat
01:58with sustainability do we envisage by 2047