-
Digital Natives
Unlock growth with Grant Thornton Bharat's Digital Natives solutions. Customised support for tech-driven companies in healthcare, gaming, and more.
-
Business Consulting
Our business consulting specialists offer a comprehensive blend of strategic advisory services. We assess the business, industry, operating model, synergy, skill sets and vision of the organisation and recommend the way forward
-
Digital Transformation Services
Grant Thornton’s digital transformation services help traditional businesses digitalise their business models with cloud technology, IoT consulting, app development and more DigiTech solutions.
-
Human Capital Consulting
Our Human Capital Consulting team harnesses technology and industry expertise to assist in constructing adaptable organisations with transparency, fostering productive and value-driven workforces, and inspiring employees to engage meaningfully in their tasks.
-
Production Linked Incentive Scheme
Production-linked Incentive Scheme by the Indian government is aimed at boosting manufacturing. Grant Thornton Bharat offers varied services across sectors to help businesses avail of this scheme.
-
Public Sector Advisory
Our Public Sector Advisory team has focused streams, aligned with the core priorities of the Government of India. We are responsible for providing innovative and customized technical and managerial solutions.
-
Tech Advisory
We have amalgamated Digital Transformation, IT Advisory & Information Management and Analytics into a new offering, DigiTech.
-
Direct Tax services
Our tax specialists offer a comprehensive blend of tax services, tax litigation, regulatory and compliance services, helping you navigate through complex business matters.
-
Indirect Tax Services
Get tax services by leading tax firm Grant Thornton India. Our indirect tax services include consulting, compliance and litigation services for corporate, international and transaction tax
-
Transfer pricing services
Our transfer pricing services experts provide a range of services from provision of APA services to handling large global assignments including Country by Country reporting.
-
US Tax
At Grant Thornton, we help individuals and dynamic companies deal with US tax laws, which are one of the most complicated tax legislations across the world.
-
Financial Services - Tax
Best financial advisory services, tailored for small and large businesses by the experts having comprehensive knowledge of domestic laws and access to multifaceted tools to provide a valuable results.
-
Financial Reporting consulting services
Our experts have significant hands-on experience in providing IFRS/US GAAP services, end-to-end solutions and support services to fulfil financial reporting requirements.
-
Fund accounting and financial reporting
International operations often lack standardisation and have varied local reporting formats and requirements. Our experts can offer proactive insights, practical guidance, and positive progress and help meet regulatory timeframes.
-
Compliance and Secretarial Services
Our experts can assist in overhauling the entire compliance machinery of the organisation through evaluation of the applicable statutory obligations, monitoring of adequate governance controls, reporting and providing ongoing support.
-
Global People Solutions
As businesses transcend borders, both domestic and global considerations need equal attention. Our interim CFO and financial controller support services help organisations meet the business vision.
-
Finance and accounting outsourcing
Our accounting experts assist organisations in managing their accounting and reporting. Our dedicated Integrated Knowledge and Capability Centre (IKCC), allows us to service both the domestic and global markets efficiently and cost-effectively
-
Compliance Management System
We have automation solutions for you that will allow meeting government requirements and remain diligent, which when failed, can lead to penalties and loss in revenue.
-
IKCC: Grant Thornton's Shared Service Centre
The India Knowledge and Capability Centre (IKCC), aimed at delivering solutions by developing capabilities, has completed four years of its journey.
-
Global compliance and reporting solutions
At Grant Thornton Bharat, we meet the challenges of our clients and help them unlock their potential for growth. Our professionals offer solutions tailored to meet our clients’ global accounting and statutory reporting requirements. With first-hand experience of local reporting requirements in more than 145+ locations worldwide, we provide seamless and consistent international service delivery through a single point of contact.
-
Related Party Transactions Governance
Grant Thornton Bharat's comprehensive related-party transaction services ensure good governance by adhering to regulatory requirements, promoting transparency, and providing robust policies for compliance, documentation, and accountability in related-party transactions.
-
Private Client Services
Grant Thornton Bharat Private Client Services offers tailored advisory for family-owned businesses, focusing on governance, compliance, tax, succession planning, and family office structuring to sustain wealth and preserve legacies across generations.
-
GTMitra: Tax & Regulatory Tool
GTMitra, a specialised tax and regulatory tool by Grant Thornton Bharat, supports multinational businesses in understanding laws and regulations for effective growth strategies.
-
Labour codes
Labour codes solutions help you transition through the new legislation. At Grant Thornton, we help businesses divide their approach to make sure a smooth transition.
-
Alerts
At Grant Thornton India, with the help of our tax alerts, we help to provide updates on how to minimise your tax exposure and risks.
-
Cyber
In today’s time, businesses have gone through large transformation initiatives such as adoption of digital technologies, transition to cloud, use of advanced technologies et al.
-
Governance, Risk & Operations
Our Governance, Risk and Operations (GRO) services encompass Internal Audit, Enterprise Risk Management, Internal Financial Controls, IT advisory, Standard Operating Procedures and other services.
-
Risk analytics
Grant Thornton Bharat’s CLEARR Insights is a state-of-the art data analytics platform that will help you in seamless data analysis and efficient decision-making.
-
Forensic & Investigation Services
The team of forensic advisory services experts consists of the best intelligence corporate experts, and fraud risk, computer forensic experts to deliver most effective solutions to dynamic Indian businesses.
-
ESG consulting
Grant Thornton Bharat offers holistic ESG consulting solutions for sustainable business outcomes. With industry expertise and AI technology, we drive long-term value.
-
Transaction Tax Services
Our transaction tax experts understand your business, anticipate your needs and come up with robust tax solutions that help you achieve business objectives ensuring compliance and efficiency
-
Deal Advisory
Unlike other M&A advisory firm in India, we offer deal advisory services and work exclusively with controlled and well-designed strategies to help businesses grow, expand and create value.
-
Due Diligence
Grant Thornton’s financial due diligence services are aimed at corporate looking for mergers and acquisitions, private equity firms evaluating investments and businesses/promoters considering sale/divestment.
-
Valuations
As one of the leading valuation consultants in India, Grant Thornton specializes in all the aspects of the process like business valuation services, financial reporting, tax issues, etc.
-
Overseas Listing
Overseas listing presents a perfect platform for mid-sized Indian companies with global ambitions. Grant Thornton’s team of experts in listings, work closely with clients during all stages.
-
Debt & Special Situations Solutions
Grant Thornton Bharat offers specialist debt and special situations consulting services, including restructuring, insolvency, and asset tracing solutions.
-
Financial Reporting Advisory Services
Grant Thornton Bharat Financial Reporting Advisory Services offer end-to-end solutions for complex financial requirements, including GAAP conversions, IPO support, and hedge accounting advisory, ensuring accurate financial reporting and compliance.
-
Financial Statement Audit and Attestation Services
Grant Thornton Bharat offers customised financial statement audit and attestation services, ensuring impeccable quality and compliance with global standards. Our partner-led approach, technical expertise, and market credibility ensure effective solutions for your business needs.
- Agriculture
- Asset management
- Automotive and EV
- Aviation
- Banking
- Education and ed-tech
- Energy & Renewables
- Engineering & industrial products
- FinTech
- FMCG & consumer goods
- Food processing
- Gaming
- Healthcare
- Urban infrastructure
- Insurance
- Media
- Medical devices
- Metals & Mining
- NBFC
- Pharma, bio tech & life sciences
- Real estate and REITs
- Retail & E-commerce
- Specialty chemicals
- Sports
- Technology
- Telecom
- Transportation & logistics
- Tourism & hospitality
-
Article Agriculture and Budget: Immediate compulsions and long-term visionGovernment focuses on sustainable agriculture, digital infrastructure, and market intelligence to enhance productivity and global competitiveness in agriculture.
-
Article Union Budget 2024 expectations: Building resilience for consumer industryUnion Budget 2024 expectations: Building resilience for consumer industry
-
Thought Leadership Grain to gain: Impact of corn on India’s biofuel revolutionExplore Grant Thornton insights on unlocking India’s Energy Potential on Corn-Based Ethanol as a sustainable fuel solution.
-
Case study Transforming agriculture: The rise of Drone DidisDiscover how Grant Thornton Bharat's Drone Didis initiative empowers rural women and transforms agriculture with drone technology. Learn more about this success.
-
India-UK
India-UK
Sustainable finance, green finance, and climate finance are interconnected concepts that aim to create a more environmentally conscious and responsible financial system
The Union Budget 2024 places a strong emphasis on climate action, reflecting India's commitment to sustainable development under the ‘Viksit Bharat’ initiative. A key aspect of the budget is the development of a taxonomy for climate finance, which is crucial for channelling capital towards climate adaptation and mitigation efforts. Understanding terms related to sustainable finance and investment is becoming increasingly important, as they represent a broader shift towards integrating sustainability into financial strategies. These terms reflect a broader commitment to integrating sustainability into financial strategies, ensuring that investments align with long-term ecological and economic objectives.
Sustainable finance refers to the integration of environmental, social, and governance (ESG) considerations into financial decision-making, aiming to create long-term value for both investors and society. It seeks to balance financial returns with positive social and environmental impacts, supporting projects and companies that contribute to a more sustainable future. Sustainable finance encompasses various approaches, including responsible investing, impact investing, and ESG investing, to promote a more equitable and environmentally conscious financial system.
Green finance refers to the use of financial instruments, mechanisms, and investments to support environmentally friendly projects, companies, and initiatives, with the goal of promoting sustainable development, reducing environmental risks, and mitigating climate change. This includes channelling funds into renewable energy, energy efficiency, green infrastructure, sustainable agriculture, conservation, and climate change adaptation and resilience. Green finance includes green bonds, impact investing, environmental, social, and governance (ESG) investing, sustainable loans, carbon credits, green equity, and venture capital. According to London Stock Exchange Group’s ‘Investing in Green Economy’ report, the global green economy now boasts market capitalisation of USD 7.2 trillion, positioning it as the 'second best-performing industry' worldwide over the past decade.
Climate finance encompasses various financial sources, including public, private, and alternative funding, aimed at supporting global efforts to address climate change through mitigation and adaptation measures. This financing is crucial for reducing greenhouse gas emissions and adapting to the impacts of a changing climate. The United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol, and the Paris Agreement emphasise the need for financial assistance from developed countries to developing ones, acknowledging the disparate contributions to climate change and capacities to address its effects.
Sustainable finance is a broader term, encompassing environmental, social, and governance considerations. Green finance is a subset of sustainable finance, focussing exclusively on environmentally friendly investments like renewable energy, green infrastructure, and eco-friendly technologies. Climate finance is a narrower subset of sustainable finance, targeting investments that mitigate or adapt to climate change. In essence, all climate and green finance is sustainable finance, but not all sustainable finance is climate or green finance.
In addition to sustainable finance, green finance, and climate finance, there are several other key terms related to climate that play a crucial role in climate investments.
Blue finance is a specialised subset of green finance, focussing on the conservation and sustainable use of ocean and water resources. It protects marine environments, promotes sustainable fisheries, and manages water resources effectively. Investments in blue finance support projects like marine protected areas, sustainable aquaculture, and innovations in water management. This is critical for maintaining biodiversity and supporting coastal communities.
The Sustainable Blue Economy Finance Principles guide how blue finance can align with Sustainable Development Goal (SDG) 14 (‘Life Below Water’). With an annual economic value estimated at USD 2.5 trillion, ocean-linked sectors, or the ‘blue economy,’ is equivalent to the world’s 7th largest economy.
Socially responsible investment (SRI) is an investment approach that considers both financial returns and social or environmental impact. It involves investing in companies or projects that align with ethical values, such as environmental sustainability, social justice, human rights, labour standards, and community developments. SRIs aim to generate positive social or environmental outcomes alongside financial returns, excluding or selecting investments based on non-financial criteria. This approach encourages companies to adopt responsible practices, promoting a more sustainable and equitable future.
Impact investing refers to the practice of investing in companies, organisations, or funds with the intention of generating both financial returns and positive social or environmental impact. This approach seeks to align investors' values with their investments, creating a dual benefit.
E.g., A company like Vestas, a leading manufacturer of wind turbines, receives funding from impact investors who support renewable energy and want to reduce carbon emissions. By investing in Vestas, these investors aim to earn financial returns through dividends or capital appreciation while contributing to the transition to clean energy and mitigating climate change.
The impact investor's funding supports Vestas' growth and expansion, which in turn helps to increase the adoption of renewable energy sources, reduce reliance on fossil fuels, and decrease greenhouse gas emissions.
Sustainability reporting involves publicly disclosing an organisation's economic, environmental, and social impact, as well as its progress towards sustainability goals. It provides stakeholders with transparent and accountable information on the organisation's performance, enabling them to make informed decisions. Sustainability reports typically cover aspects such as environmental performance (e.g., energy use, emissions, waste), social responsibility (e.g., labour practices, community engagement), governance (e.g., ethics, transparency, board diversity), and economic performance (e.g., financial results, supply chain management).
In conclusion, sustainable finance, green finance, and climate finance are interconnected concepts that aim to create a more environmentally conscious and responsible financial system. As the world grapples with climate change, social inequality, and environmental degradation, these approaches offer a pathway to a more sustainable future. By integrating these principles, India can effectively mobilise resources needed to combat climate change, build resilience, and secure long-term prosperity for its economy and people.
This article first appeared in Outlook Business on 16 September 2024.