The Institute of Chartered Accountants of India plans to issue an advisory encouraging members and officers to save foreign exchange. The steps include curbing foreign travel and shifting to domestic alternatives, with guidance extending to chartered accountants’ families. The move follows the Prime Minister’s call amid heightened tensions in West Asia and aims to reduce forex outflows.
ICAI has laid out a roadmap focused on reaching net zero and also working toward carbon-neutrality, using ESG frameworks as the engine. Ahead of an upcoming ESG Conclave, discussions will cover sustainability reporting, sustainable investing and green finance, plus ESG ratings, supply chains, and the circular economy—signaling a broader push to standardize how businesses measure and act on climate goals.
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