The Indo-German Chamber of Commerce (IGCC), in association with Kirtane & Pandit Consulting as a Knowledge Partner, successfully hosted "Envision 2025" on 28th February 2025 at Sheraton Grand, Pune. With over 90 industry leaders in attendance, the event provided a dynamic platform for meaningful discussions and high-impact networking, focusing on the theme "Strengthening Manufacturing with ESG & Risk Control." In today’s evolving business landscape, sustainability and effective risk management are no longer optional but essential drivers of resilience and success. As industries adapt to regulatory changes, shifting global supply chain demands, and stakeholder expectations, Environmental, Social, and Governance (ESG) principles have emerged as a key framework for long-term sustainability. Simultaneously, robust internal controls and risk management strategies ensure operational integrity, financial stability, and business continuity. Envision 2025 provided a crucial forum for industry leaders to exchange insights on integrating ESG and risk management into manufacturing processes. The discussions underscored the importance of aligning corporate strategy with ESG best practices, implementing structured risk control mechanisms, and fostering a responsible, future-ready manufacturing ecosystem. By proactively addressing ESG compliance and risk governance, businesses can enhance their competitiveness, meet international benchmarks, and drive sustainable growth. The event commenced with opening remarks by Mr. Kalpesh Saraf, Western Region Director of IGCC, setting the stage for an insightful keynote address by Mr. Sunil Dadhe, Ret. IAAS and former Deputy Comptroller and Auditor General of India. Drawing from his vast experience in public auditing, sustainability, and governance, Mr. Dadhe provided an in-depth analysis of the Business Responsibility and Sustainability Reporting (BRSR) framework in India. He highlighted key challenges observed in BRSR reporting, emphasizing the need for greater transparency and integrated disclosures. His address also underscored the crucial role of risk control frameworks in strengthening corporate governance and ensuring compliance with evolving ESG standards. The first panel discussion explored Driving ESG and Risk Control Strategies, further enhancing the synergy. The panel consisted of industry experts Hemant Watve, MD, Wilo Mather and Platt Pvt Ltd, Chandrakant Kakade, HSE Expert, Webasto India, Ameya Chincholikar, Director, APAC IES . Session was moderated by Akshay Purandare, Partner at Kirtane & Pandit. Discussions spanned key aspects of India's ESG journey, challenges faced by SMEs in adopting BRSR, the growing influence of ESG compliance on global supply chains, and the importance of transitioning to a circular economy to enhance business resilience. Panelists emphasized that ESG is not just a compliance exercise but a transformative approach that helps businesses reduce risks, optimize costs, and create long-term value. The evening progressed into its last panel discussion of the evening which focused on Internal Controls & Risk Management, which featured industry experts from Schaeffler India Limited : Ganesh Korgaonkar, Head of Industrial Controlling and Risk Management, Gedia India Automotive Components : Amitabh Mathur, MD & CEO, EMUGE-FRANKEN INDIA PVT. LTD : Santosh Ullal, CEO and Board Member, moderated by Gaurav Sukhija, Partner at Kirtane & Pandit. Panelists discussed the evolving role of internal controls in both listed and unlisted companies, highlighting how risk management frameworks need to be adapted to India’s diverse regulatory landscape. They underscored that owner-driven companies naturally design business processes to safeguard their interests, which often evolve into internal controls. However, as businesses scale, they must integrate compliance-driven frameworks without creating parallel systems that burden operations. Key takeaways from the discussions included: BRSR compliance is gaining traction, and SMEs should proactively align with ESG reporting frameworks to remain competitive. Global supply chains are shifting towards stricter ESG norms, requiring Indian businesses to integrate sustainability into their operations. A circular economy is a strategic necessity, not just a trend, offering cost efficiency and long-term resilience. Achieving net-zero emissions requires a mix of regulatory support, industry collaboration, and innovation, particularly for SMEs with limited resources. The event concluded with a vote of thanks by CA Akhilesh Joshi, Director at Kirtane & Pandit, who emphasized the significance of sustainability, governance, and risk control in shaping the future of manufacturing. He expressed gratitude to all speakers and attendees, reaffirming Indo German Chamber of Commerce and Kirtane & Pandit's commitment to fostering knowledge-sharing platforms that drive responsible and resilient industrial growth. As the manufacturing sector in India continues to evolve, integrating ESG and risk control frameworks will be instrumental in ensuring long-term success. Events like Envision 2025 serve as a catalyst for businesses to embrace sustainable innovation, enhance regulatory preparedness, and build a more responsible and future-ready industry.