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Sustainability has to be built into company ethos: Pilot

Dec 20, 2013

"Poor people are the most affected by environmental degradation," cautioned Sachin Pilot, India’s Minister of Corporate Affairs.

New Delhi: Sachin Pilot, India’s Minister of Corporate Affairs, today urged the top management and the Boards of India Inc to drive the sustainability agenda, and allow middle management the elbow room to execute. Sustainability has to be built into company ethos, he emphasised. He was speaking after giving away CII-ITC Sustainability Awards-2013, in New Delhi.

“Human beings are custodians of natural resources. In tackling sustainability issues such as climate change, the poor will be most affected. It is our responsibility to empower them so as to conserve and nurture natural resources,” Pilot said.

Suresh Prabhu, former Indian Minister and chairman, Jury, CII-ITC Sustainability Awards, regretted that sustainability has gone from fashion to passion. Talking about the assessment process, he said, “Finding the best is always challenging. Over the years, the Jury has witnessed phenomenal change in the type of response and excellence among applicants. In my opinion every applicant is a winner in taking away enormous learning.”

The awards also recognised the efforts in the field of rural education and child nutrition by felicitating ‘Vedanta Hindustan Zinc’ for its rural sanitation project and its efforts in providing infrastructure for strengthening the implementation of midday meal scheme in the north Indian state of Rajasthan.

Dr Vikas Goswami, Head-Corporate Relations, Vedanta Group, said that this award would help them in striving for bigger milestones in their efforts for sustainability. “The award highlights the importance of sustainability and underlines its importance for the corporate sector and the surrounding communities including the human beings and the green environment,” she said.

“We shall now be encouraged to make more robust programmes for the betterment of the society and ensure that our efforts do not slip beyond what we have already achieved,” Vikas added.

Y C Deveshwar, Chairman, Advisory Council, CII-ITC Centre of Excellence for Sustainable Development, said that the sustainability awards were required to encourage companies for adopting a sustainable approach. “By depleting natural resources we are not just borrowing but stealing from future generations. Business has the genius, innovation capability and creativity to change this. Champions in the industry are investing in sustainability for their competitiveness in the future,” he said.

Some of the prominent awardees include Tata Steel, ACC, SRF, Ambuja Cement, Yes Bank, Infosys, Tata Power, Shree Cement, Aditya Birla Ultratech Cement, Mahindra Finance, Mantri Developers, Nicco Parks and Resorts, Mahindra Rise, Steel Authority of India, JSW Steel, Relaince Industries, Vedanta Hindustan Zinc, Toyota Kirloskar Motor, Dalmia Cements Bharat Group, Ayurvet, Grundfos Pumps India, Ambuja Cement- Maratha Cement Works and Bhatapara Plant.

The sustainability awards were awarded for various categories including Sustainability Trophy for exemplary policy, practice and results, Sustainability Prize for outstanding policy, practice and results, Commendation Certificate for significant achievement for commendable results from deployment of policy and processes and Commendation Certificate for strong commitment for providing commitments; adopting appropriate policy and processes.

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