ESG at N.S. Bhargava & Co. – Driving Impact through Purpose

May 23, 2025

Author- NSB&Co

At N.S. Bhargava & Co., we believe business success and sustainability go hand-in-hand. As one of the most trusted and top chartered accountant firms in Mumbai, with over four decades of experience, we have expanded our expertise beyond numbers into the future of business itself: Environmental, Social and Governance (ESG).

Our ESG practice is not just a service; it’s a vision to embed eco-conscious, sustainable business practices that empower enterprises to grow responsibly, align with United Nation Sustainable Development Goals (UNSDGs), and create a meaningful impact.

In an era where stakeholders demand more than profits where climate risks, transparency, and social equity define long-term value we offer deep insights, frameworks, and tools that help businesses unlock their full ESG potential. Whether you’re navigating regulatory compliance, preparing for ESG reporting, or aiming for leadership in sustainable innovation, N. S. Bhargava & Co. is your strategic partner.

Why ESG Matters Now More Than Ever

From sustainable supply chains and environmentally friendly products, to sustainable banking and corporate citizenship, ESG is no longer a tick-box it's a business imperative. Regulators, investors, and customers are asking: How much is your energy consumption? How do you treat your workforce? Is your governance future-ready?

Our ESG services are designed to answer those questions and translate your responses into action and advantage.

  1. N. S. Bhargava & Co.’s ESG Strengths:
  • One of the few accounting firms in Mumbai offering end-to-end ESG advisory services across sectors.
  • Tailored services for BFSI, manufacturing, retail, and tech from GHG accounting to human rights assessments.
  • Guided by global best practices and aligned with frameworks like GRI, TCFD, BRSR, and the Sustainable Development Report.
  • Insights grounded in environmental and sustainability indicators, industry benchmarking, and regulatory foresight.

Our Philosophy: Transforming Compliance into Commitment

We help organizations move beyond checklists towards purpose led transformation. Our clients don’t just report their ESG progress, they live it. From clean energy adoption to clean city, green city programs, from tracking sustainability issues to innovating on sustainable products, we enable enterprises to lead with purpose.

Because at N. S. Bhargava & Co., we don’t just assess the present we help build a sustainable future.

 

Our ESG Journey

At N.S. Bhargava & Co., we’ve always believed that our role as a Chartered Accountants firm goes far beyond compliance. It’s about being responsible partners in progress. Over the past four decades, we’ve worked with nearly every major bank in India. You name it & we’ve served them. Our credibility in the banking, financial services, and insurance (BFSI) sector has been built on consistency, accuracy, and trust.

But we knew our job wasn’t just to audit and report. The world is changing, and so must we.

About a year ago, a thought began to take root within the firm: What if we could do more? What if we could contribute not just to the financial strength of our clients, but also to their environmental, social, and governance strength?

That’s when the idea of ESG at N. S. Bhargava & Co. truly began.

We realized that our own internal practices and those of our clients must evolve to reflect global sustainability expectations. And so, we made the conscious decision to go beyond traditional CA services.

We created a dedicated ESG department, bringing together a specialized team to support businesses with sustainability strategy, ESG reporting, and climate risk assessments. This wasn’t just an expansion of services—it was a transformation in mindset.

We began assessing our own company’s impact, aligning with global standards like the United Nation Sustainable Development Goals, and offering ESG guidance to clients across industries.

At N. S. Bhargava & Co., ESG is not an offering. It’s a responsibility.

 

Why ESG with N. S. Bhargava & Co.?

  • Aligned with global frameworks like UN SDGs, GRI, SEBI BRSR
  • Specialized in sustainable development reporting for BFSI, manufacturing, services, and retail sectors
  • Emphasis on environmental and sustainability indicators that reflect your core business operations
  • Insights tailored to sustainability issues relevant to your industry
  • Helping you contribute to national goals like Clean City, Green City
  • Proven experience in supporting sustainable banking operations
  • Demonstrated environmental sustainability examples through client case studies

 

Our ESG Service System Model - Choose the Support That Fits Your Journey

At N.S. Bhargava & Co., we recognize that every organization is at a different stage in its ESG and BRSR journey. That’s why we offer a three-tiered service model—Silver, Gold, and Diamond—designed to match your level of readiness, internal capability, and desired level of involvement.

 

Tier Name & Approach Ideal For Deliverables
SILVER Empower Yourself
(Do It Yourself)
Internal teams aiming to manage ESG initiatives independently using expert-designed resources. • Access to detailed ESG/BRSR templates and documentation
• Comprehensive guidelines for internal ESG reviews
• Data collection support documents
• Self-generated ESG/BRSR report format
• ESG performance dashboard
• Additional self-help resources for continuous improvement
GOLD Partnered Progress
(Collaborate With Us)
Organizations seeking structured support with flexibility to remain engaged in the ESG journey. • Co-branded ESG/BRSR templates for efficient data capture
• Joint review and analysis with N. S. Bhargava & Co. experts
• Full ESG/BRSR review report
• Tailored recommendations for enhancement
• Interactive ESG performance dashboard
• Ongoing consultation and advisory support
• Disclosure score tracking and improvement tips
DIAMOND Seamless Solutions
(Leave It to Us)
Companies looking for a fully managed, expert-led ESG solution. • Complete execution of ESG/BRSR review by N. S. Bhargava & Co. specialists
• End-to-end data collection, analysis, and validation
• Detailed ESG/BRSR reporting with actionable insights
• Customized ESG performance dashboard
• ESG insights presentation with a strategic roadmap
• Support for implementation and periodic reviews

 

Our ESG Services Include:

  • Climate Risk Assessment
  • Environment and Social Audits
  • Supplier ESG Assessment
  • Documents consultation and sustainability report writing
  • GHG Accounting
  • Human rights assessment/audit
  • ESG Assurance
  • Water Audit, treatment and recycling   projects, AWS certification
  • Net Zero Road mapping
  • ESG Orientation Workshops
  • Comprehensive ESG Readiness Assessment
  • Enhanced Disclosure Reporting Evaluation
  • Peer Benchmarking and ESG Maturity Analysis
  • Materiality Assessment
  • Strategic ESG Vision and Implementation Planning
  • Target Setting and Baseline Data Collection

 

References (Images used) –

https://stock.adobe.com/in/search?k=green+earth+globe

https://www.istockphoto.com/search/2/image?mediatype=illustration&phrase=first+steps

https://depositphotos.com/photos/esg.html