Indian Companies with solutions that the World Needs

Posted on
11 December 2008
New Delhi, 11th Dec, 08: As the global negotiation on climate policy continue to unveil and steps towards stalemate, a new report by WWF and CII-ITC Centre of Excellence for Sustainable Development (CESD) brings out successful stories of how Indian businesses are using innovation as a driver for sustainability and profit. The report, released during the CII Sustainability Summit ’08 highlights how successful organisations are bringing forward solutions to tackle twin challenges of poverty and climate change.

Chandrajit Banerjee, Director General, Confederation of Indian Industry, described the report as a major step towards sustainability and innovation, and said “Sustainable business and social entrepreneurship will shape future economic growth for the world and that the businesses featured in this report reflect the incredible potential in the alignment of sustainable development needs and business value”. He added, “the cases outlined are stories of great determination to achieve sustainable practices, but they also showcase the huge opportunities that emerge from such practices’.

With a special focus on climate change, this report stresses the need for rapid global emission reductions as the driver for new thinking. It provides examples from Indian companies that can be used both by industry and governments to make strategic decisions from an economic, social and environmental perspective. It demonstrates through case studies how leading Indian companies are integrating low carbon development into their strategies and targeting sustainability without losing sight of core business objectives.

Ravi Singh, Secretary General and CEO, WWF-India, speaking to the press at the release noted, “Through this report we are attempting to bring forward a special focus on climate change and the need for rapid global emission reductions as a driver for new thinking where leading companies must integrate poverty alleviation and low carbon development in their strategies”.

He added, “Climate change is still only the tip of an iceberg as we must ensure a more resource efficient development if we are to ensure biodiversity and avoid an ecological crisis that would make the current financial crisis pale in comparison”.


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About CESD:
This pioneering effort of CII was launched in January 2006. It creates an enabling climate for Indian businesses to pursue sustainability goals by promoting thought leadership and building capacity to achieve sustainability across a gamut of issues to implement India’s agenda for inclusive growth. The Centre enables business to transform themselves by embedding concepts of sustainable development into their strategies, decisions and processes.
www.sustainabledevelopment.in

For more information, please contact:
Aarti Khosla, Communications Manager, Climate & Energy Programme, WWF-India
E-mail: akhosla@wwfindia.net , Tel: +91-11-4150 4823

Sachin Joshi, Deputy Director, CII – ITC CESD, E-mail:sachin.joshi@ciionline.org
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