Page 10 - Plastics News April 2024

AIPMA AT WORK

Webinar on “Profitable ESG (Environmental, Social & Governance) for Plastic
Manufacturers" held on March 29, 2024

AIPMA, in partnership with Profectus Capital Pvt. Ltd., successfully conducted a webinar on “Profitable ESG
(Environmental, Social & Governance) for Plastic Manufacturers “on March 29, 2024, from 3:00 pm to 4:30 pm. The
event delved into the intricacies of financing solutions for MSMEs operating in manufacturing and service clusters.

Dr. Shyam Sundar, Director General at AIPMA, started the program by introducing the evening's esteemed expert
speaker, Mr. K V Srinivasan, Executive Director & Chief Executive Officer at Profectus Capital Pvt. Ltd.

Profectus Capital offers financing solutions for MSMEs operating in manufacturing and service clusters. They have built
sectoral expertise and by relying on it, can customise Term and working capital loan offerings for capacity expansion,
modernization and similar needs of MSME businesses. They leverage technology for quicker loan processing with
minimum documentation and making faster lending decisions.

Mr. K V Srinivasan, the expert speaker, not only presented detailed information on the topic but also actively engaged
with the audience, addressing their queries and concerns, Manufacturers in the plastic industry can adopt several
strategies to align with Environmental, Social, and Governance (ESG) principles while also ensuring profitability.

Key highlights of the webinar:
 Investment in Recycling Infrastructure

 Development of Sustainable Materials
 Energy Efficiency Improvements
 Supply Chain Transparency and Responsibility

 Product Innovation for Sustainability
 Stakeholder Engagement and Collaboration

 Compliance with Regulations and Standards
 Risk Management and Resilience

 Employee Well-being and Diversity
 Reporting and Accountability

By integrating these ESG strategies into their business models, plastic manufacturers can not only contribute to a more
sustainable future but also enhance their competitive advantage and long-term profitability.

Following Mr. Srinivasan’s presentation, the floor was open for a Q&A session, during which Dr. Shyam Sundar, expertly
handled attendees' questions. The webinar concluded with a vote of thanks from him.

The event attracted over 90 participants from the plastic industry, making it a resounding success.

10 PLASTICS NEWS April 2024