New Delhi: Sustainability is a necessity and not a slogan anymore, President Droupadi Murmu said on Monday as she emphasised the need for corporates to keep environmental costs in mind.
She was speaking at the 12th National Students’ Convocation 2025 function of The Institute of Cost Accountants of India in the national capital.
Highlighting the crisis of climate change, Murmu said, “Sustainability is no longer a slogan, it has become a necessity”.
She also said the time is over for corporate organisations to act solely with the objective of earning profits, and now they have to keep the environmental costs in mind.
“This is where you (cost accountants) with your skills can bring a great change in the future of the planet,” Murmu said, adding that accounting and accountability are deeply connected.
At the function, Corporate Affairs Secretary Deepti Gaur Mukerjee urged cost and management accountants to embrace technology, innovation, and agility.
Cost and management accountants have a key role in the country’s journey to become a USD 30-trillion economy, she added.