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A Report on
India Sustainability Dialogue
The
Ecological
Challenge
2
Contents
Messages
Executive Summary
Inaugural Session
Insights from the UN Global Compact –
Accenture CEO Study on Sustainability 2013
Case Studies on Creating a Sustainable Future:
From Products to Supply Chain
Environmental Sustainability
in the Automotive Sector by BMW Group
Environmental Sustainability
in the Banking Sector by YES BANK
Environmental Sustainability in the
Chemical Sector by Jubilant Life Sciences Limited
Environmental Sustainability in the
Oil and Natural Gas Sector by GAIL (India) Limited
Environmental Sustainability in the
Real Estate Sector by Paharpur Business Centre
Recommendations
22
20
18
16
14
7
4
3
24
26
3
We in corporate India are invariably conditioned to hyphenate the term 'increase'
with 'better' and 'desirable' such as increased turn - over, increased profits, increased
market - cap and the like. However, in context of finding a solution to cussed
sustainability issues for planet earth, 'increased' is not really 'better' or even 'desirable'
because while problems have increased, solutions have not and hence the immediacy
of finding one at the India Sustainability Dialogue.
Sudhir Vasudeva
President, Global Compact Network India
and
CMD, ONGC
“ “
The success of the BMW Group is attributed to long term thinking and responsible
action. Corporate Sustainability is an investment in our future that will keep playing
a significant role in the economic success of the Group.
Philipp von Sahr
President, BMW Group India
“ “
Messages
Executive Summary
In recent years, carbon dioxide
emissions have become a serious
environmental concern on a global
scale. The concentration has
st
increased markedly in the 21
century, at a rate of 2.0 ppm/yr
during 2000–2009 and faster since
then. It has risen to 400 ppm (parts
per million) as of May 2013, and is
projected to go higher in the next
decade. Because of their impact on
the 'greenhouse effect', which
ultimately affects climate change,
scientists and individuals around the
globe have become increasingly
concerned with the environmental
distress arising out of the carbon
emissions. Human activities are
altering the carbon cycle-both by
adding more carbon to the
atmosphere and by influencing the
ability of natural sinks, like forests, to
remove carbon from the atmosphere.
While carbon emissions come from a
variety of natural sources, human-
related emissions are responsible for
the increase that has occurred in the
atmosphere since the industrial
revolution.With humanity's march
towards 2050, our planet will house a
global population of 9 billion with
close to 70 per cent living in cities.
This massive scale of urbanization is
expected to result in doubling of the
energy demand by 2050 with close to
75 per cent of total demand arising
from developing and emerging
economies. Even if our current
emissions profile stagnates or
reduces marginally, a 4°C
temperature rise with drastic climatic
changes is a very realistic possibility.
Therefore, it is paramount for us to
plan, build and manage a low carbon
growth for the world.
Closer home, in the last one year in
India there have been two major
climate related calamities -
Uttarakhand floods in the North and
Cyclone Phailin in the South.These
calamities have not only uprooted
people from their homes and
destroyed associated eco-systems
but also set back the economic
progress of states of Uttarakhand and
Odisha by a number of years. Across
India, reports showcase that a
whopping 65 per cent of the land is
degraded in some way, shape or form
and the endless government policies
do little to curb the damage. Nearly
30 per cent of India's gross
agricultural output is lost every year
due to soil degradation, poor land
management and counterproductive
irrigation. Solid waste on the other
hand, is causing contamination of
water resources and severe air
pollution due to the open burning of
solid waste. As per the‘Manual on
Solid Waste Management’prepared
by Central Public Health &
Environment Engineering
Organisation (CPHEEO), Ministry of
Urban Development, Government of
India, 0.2-0.6 kg/capita/day of waste
is generated in Indian cities.
The government and industries have
recently begun to pay more attention
and are assuming an important role
in reducing carbon emission by
promoting and employing practices
that are directed towards
sustainability. The 'India Sustainability
Dialogue' aimed to understand the
challenges and opportunities that
the industries face in addressing this
issue. The discussion was an attempt
to deliberate about the challenges
and opportunities that exist to
achieve sustainability especially with
regard to carbon emissions. The
panel represented by wide business
sectors such as Banking, Chemical,
Real Estate, Oil and Natural Gas,
Automotive and the Government
examined the Indian and Global
industries’perspectives on the
ecological issues of sustainability and
ways to counter those challenges.
The dialogue, jointly organised by
Global Compact Network India and
BMW Group India, served as a
platform to discuss on the various
dimensions and challenges of
sustainability in India. The dialogue
also served as a platform where
eminent companies addressed the
issues of ecological challenges of
sustainability faced by them and their
industry, and the steps undertaken
by them to resolve them.
Industrial operations and their
products contribute significantly to
environmental pollution, and
therefore have a greater
responsibility to contribute towards
Across India, reports showcase that a whopping
65 per cent of the land is degraded in some
way, shape or form and the endless government
policies do little to curb the damage.
“ “
4
ensuring cleaner production and
operational methods. The experts
deliberated on the methods to
reduce carbon footprint from
products to supply chain, understand
the challenges in doing so and learn
from best practices.
In the Automotive sector, the
growing demand of passenger and
public transport has led to an
increase in greenhouse gas (GHG)
emissions. According the US Energy
Information Administration, India's
transportation energy use will grow
at about 5.5 per cent a year –
significantly higher than the world
average of 1.4 per cent per year.
Therefore, the automotive companies
are required to take stringent
measures for low carbon
development. BMW Group has been
at the forefront of constantly
addressing the ecological challenges.
BMW i, a sub-brand of BMW, focuses
on addressing the sustainability
challenges of future mobility. The
manufacturing approach for BMW i
also endeavors to set new standards
in the use of innovative materials and
the cautious use of resources.
Buildings account for 50 per cent of
GHG emissions therefore it is
necessary for real estate companies
to take steps in order to reduce the
GHG emissions. With India expected
to grow at the rate of 7 to 8 per cent
leading to an approximately 80 per
cent of growth in physical assets, the
Real Estate Sector in India needs to
undertake measures to ensure the
development of green buildings.
Paharpur Business Centre (PBC), one
of the pioneer companies with
respect to green buildings, came up
with practical solutions to address
this issue. The Paharpur Business
Centre adopted a number of
innovative methods to ensure that it
contribute minimum to the carbon
emissions. The efficient energy, water
and waste management techniques
and the indoor air quality check
carried out regularly within the
premises of PBC are some impressive
measures taken by PBC to check GHG
emissions.
Oil and Natural Gas industry operates
in a wide range of activities which
create a huge impact on
environment. These include
operations in oil and gas wells,
establishment of processing facilities,
operating storage tanks and
distribution pipelines etc. The
industry is the largest industrial
source of emissions of volatile
organic compounds (VOCs), a group
of chemicals that contribute to the
formation of ground level ozone
(smog). One of the premier Oil and
Gas Companies, GAIL (India) Limited
is working towards contributing to
sustainability of the environment
through innovations in technology.
GAIL (India) Ltd. faced certain
managerial and technological
challenges but has managed to
operate within the framework of
environmental sustainability and are
making efforts to further lower the
CO emissions. Certain significant2
innovations like 'Sustainability
Aspirations 2020', 'Sustainability
Governance', and landfill gas projects
The dialogue served as a platform where eminent companies
addressed the issues of ecological challenges of sustainability
faced by them and their industry, and the steps undertaken by
them to resolve them.
5
“ “
have been put up by GAIL to drive
transformation.
Chemical industries account for 8.1
per cent of the total GHG emissions in
the country. Jubliant Life Sciences
through its project 'Six Sigma', a
business excellence project, saves
money which is directed towards
addressing sustainability challenges.
Jubilant Life Sciences also adopted
other policies to integrate the
sustainability principles, like green
supply chain policy, freedom of
association policy, climate change
mitigation policy, etc. It uses cleaner
fuel in the form of biomass in boilers,
biodiesel for steam generation and
use of waste heat from exothermic
processes. It has also adopted new
technologies to increase water
recovery, processed hazardous waste
in cement factories side by side and
used slug water from distilleries for
environmental purpose.
Banking sector can help India to
achieve large-scale development of
clean energy resources to reduce
carbon intensity and GHG emissions
by prioritising investments in
technologies across sectors with low
incremental abatement costs and
other co-benefits. YES BANK through
its focus on climate change and by
converting climate change into an
opportunity from risk is working
towards contributing to saving the
environment and attaining
sustainability. Their Environment and
Social Policy (ESP) and the
Environment Management Policy
play a key role in attaining
sustainability.
The India Sustainability Dialogue
emphasised that equilibrium
between sustainability and
profitability has to be maintained and
the '4 Pillars' of sustainability has to
be emphasised irrespective of the
nature of one's business or
profession. New standards have to be
set, attempts needs to be made to
bring down the kilo-volts ampere
(kVA) and water consumptions and
policies need to be revised so that
effective contributions by industries
could be made to achieve
environmental sustainability.
The India Sustainability
Dialogue emphasised
that equilibrium
between sustainability
and profitability has to
be maintained and the
'4 Pillars' of
sustainability has to be
emphasised irrespective
of the nature of one's
business or profession.
“
“
6
Inaugural Session
8
Welcoming the guests, Dr. Uddesh
Kohli stated that United Nations
Global Compact (UNGC) works firstly,
to engage companies to work
around the Ten Universal Principles
of Global Compact and secondly, to
commit companies towards the
broad UN Goals such as Millennium
Development Goals (MDGs) and
post-2015 Development Agenda.
Global Compact Network India
(GCNI) also works to strengthen the
objectives of UNGC and works to
further the mandate of UNGC in
India.
Based on the MDGs, various
initiatives have been taken up by
UNGC which include Principles of
Responsible Management Education
(PRME), Principles of Responsible
Investments (PRI), Caring for Climate,
Women Empowerment Principles
(WEPs), Children's Rights and
Business Principles, sustainability etc.
Sustainability has become one of the
most important features of UN
development goals. The Leaders
Summit held in September 2013 in
New York stressed on the importance
of sustainability for the development
of post-2015 agenda.
Clubbed with the issue of
sustainability, climate change is a
bigger issue, which needs immediate
response from governments and
private sector. Many companies have
taken measures to reduce the carbon
footprints in their operations. It is in
this context that the ‘Indian
Sustainability Dialogue: The
Ecological Challenge’, is important,
as it would enable us in arriving at
solutions on ecological challenges
that the companies are facing and
measures that are being used to
overcome these challenges.
He also emphasised the significance
of the event as it brought together
GCNI and BMW Group to address key
sustainability challenges and address
these collectively.
Sustainability is the result of
collective efforts towards a common
mandate of achieving objectives that
leverage resources and expertise to
benefit social, economic and
ecological dimension of business and
society.
This event is part of a broader
initiative to examine opportunities
and challenges within Indian
companies as they work towards
embedding sustainability practices
within their ethos and business
operations.
Clubbed with the issue of sustainability, climate
change is a bigger issue, which needs immediate
response from governments and private sector.
“ “
Dr. Uddesh Kohli
Senior Adviser, United Nations Global Compact,
New York
Philipp von Sahr
President, BMW Group India
BMW Group launched sub brand
BMW i to make individual
mobility truly sustainable. The
focus is on developing visionary
vehicles and mobility services to
address the new requirements
of urban mobility. The Group
introduced its first battery
electric vehicle BMW i3 in 2013
and will launch a plug-in hybrid
sports car BMW i8 in 2014.
“
Mr. von Sahr started with
appreciating the efforts of UNGC in
creating a platform to bring together
diverse stakeholders for deliberating
and working on future sustainability
challenges. BWM Group has been an
active member since joining the
UNGC in 2001.
One of the important focus areas of
UNGC is‘environment’. Climate
change, scarcity of natural resources
and need for low carbon development
are some of the major ecological
challenges. Therefore, it becomes
imperative for the automotive
industry to focus on 'sustainability' as
the key driver of business growth.
The success of the BMW Group is
attributed to long term thinking and
responsible action. The‘sustainability’
focus of the Group dates back to the
year 1973 with the appointment of
'Environmental Protection Officer',
the first company in the automotive
sector to do so. In the year 2000, the
Executive Board passed a resolution
making 'sustainability' the guiding
principle of the BMW Group's
corporate strategy.
BMW Group is the leading provider of
'premium products and premium
services' for individual mobility.
‘Premium’comes with responsibility
today and in the future, therefore the
meaning of premium goes beyond
excellence in products and services
and extends to sustainability in all its
forms – Ecological, Economic, and
Social. The Group follows a holistic
sustainability approach that cuts
across the value chain from research
to recycle.
The Group's sustainability efforts are
driven by a comprehensive product
responsibility with clear commitment
to conserve resources. The‘Efficient
Dynamics’strategy consistently works
on reducing Co emissions of the2
vehicles without compromising on
the sheer driving pleasure that
defines BMW. Since the year 1995 the
Group has reduced its average CO2
emissions for the European Union
vehicle fleet, by more than 30 per
cent. The clean production concept
practice aims at reducing energy and
water consumption at various
manufacturing facilities.
While talking about the future, he
emphasised on Electric Mobility
strongly influencing the future
mobility landscape. BMW Group
launched sub brand BMW i to make
individual mobility truly sustainable.
The focus is on developing visionary
vehicles and mobility services to
address the new requirements of
urban mobility. The Group
introduced its first battery electric
vehicle BMW i3 in the year 2013 and
will launch a plug-in hybrid sports
car BMW i8 in the year 2014. The
manufacturing approach of BMW i
family will set new standards in the
use of innovative materials and
cautious use of resources.
He talked about the role of various
stakeholders in making electric
mobility a success. The Government
needs to play a significant enabling
role by providing the requisite policy
support for demand creation,
infrastructure development etc. He
applauded Indian Government's
efforts in formulating the National
Electric Mobility Mission Plan 2020.
9
Frederika Meijer
Representative, United Nations Population Fund,
India and Country Director,
United Nations Population Fund, Bhutan
Ms. Meijer began her address by
stating that environment
sustainability is essential to achieve
developmental goals, since
environmental crisis has a great
impact on poor and developing
countries. She also stated that
environmental sustainability is
deeply related to population, poverty
and environment. Most
environmental problems including
climate change are aggravated by
population growth and its dynamics.
Population dynamics include not
only the changes in population size
and age structure, but also trends in
migration and urbanisation. These
dynamics cannot be ignored while
formulating any realistic plans for
development of the current and
future generation.
She also stated that food and water
securities are also increasingly
becoming critical issues in many
developing countries. The food and
agriculture acquisition of the UN
estimates that in order to meet the
needs of the developed population
in the year 2020, the food production
has to be doubled. With the ever
increasing population, such concerns
need to be addressed without delay.
She stated that the world population
passed the 7 billion mark in the year
2011 and will continue to grow
rapidly.
Stabilising this population growth is
critical for a sustainable environment.
She suggested that free and
individual choice of the size of one’s
family is the most practical option for
slowing population growth.
Preventing unwanted pregnancies
through family planning is one of the
most cost effective ways to preserve
the environment. Family planning
makes good economic sense too. A
dollar spent in family planning can
save $2-6 in achieving the MDGs in
health, education and environmental
sustainability.
In developing countries with high
fertility, having healthy and fewer
children can reduce the economic
burden and environmental demands.
Efforts such as empowerment of
women, improvement in the social
conditions and ensuring universal
access to reproductive health
including voluntary family planning,
therefore need to be made to reduce
population thus contributing to
environment population stability.
To avert the huge cost that rapid
population growth could have, the
United Nations Population Fund
(UNFPA) is working towards
providing full access to voluntary
reproductive health service and
support, with the agenda to
empower young women and people
through health, education and
employment opportunities that will
shape their future.
UNFPA is doing this because it wants
to deliver a world, where every
pregnancy is wanted, every child
birth is saved and all the
requirements of young people are
fulfilled.
UNFPA is doing this because it wants to deliver a
world where every pregnancy is wanted, every child
birth is saved and all the requirements of young
people are fulfilled.
“ “
10
Ashok Baran Chakraborty
Chief Sustainability Officer, Indian Institute of
Corporate Affairs, Ministry of Corporate Affairs,
Government of India
The Ten Universal Principles of the Global Compact
and UN's Millennium Development Goals focus on
ensuring environmental sustainability among other
goals; this is of critical importance, which should
not be sidelined.
“ “
While sustaining the business is one
part, sustainable development in
terms of reducing the ecological
impact and resource intensity
throughout the life cycle is another
part.
There are quite a few regulatory
steps that have been taken towards
sustainable development. The
Ministry of Corporate Affairs has
brought out the National Voluntary
Guidelines on Social, Environmental
and Economical Responsibilities of
business. A lot, however is required
to be done in terms of increasing
awareness, understanding and
taking active measure in the
Monetary, Reportable and Verifying
(MRV) mode.
The Ten Universal Principles of the
Global Compact and UN's MDGs
focus on ensuring environmental
sustainability among other goals; this
is of critical importance, which
should not be sidelined. In his
address, he reiterated that the time is
right where every action towards
sustainable development and
growth is required to be undertaken
in full spirit for better future.
11
Ten principles of the Global Compact
are universal in appeal, have depth of
inclusion and diversity that best
serves as prime indicators of business’
approach and understanding towards
sustainable development. He also
appreciated the efforts of GCNI in
bringing key stakeholders together to
discuss, debate and take actions on
ecological challenges of sustainability
in a holistic manner.
12
Bharat Wakhlu
Resident Director, Tata Services Limited
Mr. Wakhlu in his inaugural address
laid stress on changing the trajectory
of the manner in which sustainability
is being perceived. He stated that the
fact is that businesses do not
understand exactly what
sustainability is. Business leaders talk
about sustainability as a concept,
which for them is about mitigating
the risks and being able to run the
business just for making profit.
He stressed that“we need to change
the way business is done in the first
place”, while also stating that
perceiving corporates as villains is a
flawed paradigm. He reiterated that
what is needed is a new
consciousness of attacking this
fundamental problem which is
impairing the way the planet is able
to recharge itself. Steps need to be
taken on an urgent basis to put the
nature out of this disorder. People
need to understand that concerns of
global warming are real, that the
impact of climate change needs to be
taken seriously.
Emphasising on collective efforts, he
stated that the Corporates, Non-
Governmental Organisations (NGOs)
and Government should be brought
together to arrest these challenges.
Any agency working in isolation will
not be able to achieve this on its own.
Partnerships and collaborations in
this regard, thus, assume great
significance.
He further stated that sustainability
rests on four pillars. These‘Four Pillars’
of sustainability on which enterprises
must work to achieve the MDGs
include
?Ecological Sustainability: The
environment is getting degraded and
its ability to regenerate has gone
down. The businesses cannot work
ignoring that.
?Social Justice: Businesses need to
create value that is shared by all.
?Spiritual well being: Things like
joy, happiness, and fulfilment are a
part of inner being and need to be
kept in mind, and
?Improve the quality of life of all
people without exception: The
world today is far more
interconnected and development
can't take place in isolation.
Asserting on the important role of
business in taking forward the
sustainability agenda, Mr. Wakhlu re-
iterated that businesses bring in
talent, money and ideas to the table,
these result in devising innovative
solutions to address challenges in the
area of sustainability.
Ending his address, he stated that all
agencies need to collaborate to
ensure that the business achieve the
four pillars of sustainability.
As businesses, we have got to ensure
that we are mindful of our impacts on
the people and on our stakeholders.
As businesses we got to ensure that we are mindful of
ourimpactsonthepeople,onourstakeholders
“
“
Creating a Sustainable Future:
From Products to Supply Chain
Insights &
Case Studies
This year has been a marquee year in
the entire climate change debate. For
the first time in 2 million years, the
atmospheric concentration of CO2
was measured at 400 ppm at the
Mauna Loa Observatory in Hawaii on
th
9 May 2013. This is a watershed
event, as it is a realistic possibility that
global temperature could increase by
4°C resulting in drastic climatic
changes. Such changes are bound to
have an impact on businesses and
financial standing of countries. In a
study done in the year 2012,
researchers estimated that the cost of
climate change and air pollution
combined will rise to 3.2 per cent of
global GDP by the year 2030. The
world's least developed countries will
suffer losses of up to 11 per cent of
GDP and the impacts are already
being felt. It is estimated that climate
change is contributing to the deaths
of nearly 400,000 people a year and
costing the world more than $1.2
trillion, wiping 1.6 per cent annually
from global GDP.
The India 200 Climate Change Report
2013 by Carbon Disclosure Project
(CDP) launched in Mumbai, asserts
that businesses and companies are
aware of the sheer physical risk and
devastating effect that climate
change can have on their operations.
Sustainable practices and its
promotion in this context assume
great significance. New parameters
for sustainability need to be
considered so that the new way of
thinking can be followed, to embed
this concept in day to day activities,
involving the businesses, civil society,
investors and the government.
The UN Global Compact – Accenture
CEO Study on Sustainability 2013,
representing the views of more than
1000 CEOs worldwide, stresses that
sustainability is firmly placed on the
CEOs agenda and that they are
committed to taking action on
sustainability.
Some of the key findings of the
survey are:
1. The sustainability concept is given
different weightage in different
countries and continents. E.g. in Africa
poverty eradication tops the list,
while in Asia, peace and security are
more important.
2. Brand trust and reputation is at
the highest when it comes to what
triggers the CEO's of companies
towards sustainability followed by
potential for revenue and then
consumer demand.
3. Energy and climate change are
amongst the top in the priority list
with respect to the sustainability
agenda of the CEO's, and
4. Role of government is considered
important. However, there are certain
expectations with respect to the
regulations and standards set by
them and subsidies and taxes
essential for supporting green
growth.
Following the sustainability agenda is,
however, not without challenges.
Lack of financial resources, competing
priorities, lack of link to business
value and lack of ability to
communicate the business value of
sustainability to the investors and the
consumers and whether it holds any
business value pose some of the
major challenges with regard to
sustainability. To address these
challenges, it is therefore important
that the issue is discussed more
frequently at the board levels,
sustainability is integrated in the
strategies of the companies and
measurement of both positive and
negative impacts of their activities on
sustainable outcomes are taken into
consideration in strategic business
blue prints.
Vishvesh Prabhakar, Managing Director India,
Operations & Sustainability Services, Accenture
Insights from the
UN Global Compact - Accenture
CEO Study on Sustainability 2013
14
Reference:
UN Global Compact - Accenture CEO Study on Sustainability 2013
Please refer to the slides given in the next page
Insight from the study: A Graphic Representation
Intent & Priorities : Sustainability and
climate change is firm on the CEO agenda
Transformational impact of
sustainability
of CEOs expect sustainability
to transform their industry
within 5 years
63%
Opportunities presented by
Sustainability
of CEOs believe that embedding
sustainability into core business will drive
revenue growth & new opportunities
76%
Key to business success
of the responding CEOs regard
sustainability as key to success
93%
Focus on Energy & Climate
Change
of responding CEOs consider Energy
and Climate Change as key priorities
within sustainability agenda
68%
Intent & Priorities : Energy and Climate Change rank
amongst the top 5 in CEO priorities for sustainability
64%Growth & employment
Note:PercentagerepresentstheproportionofCEOsineachregionnumberingeachissueamongtheir
topthreemostimportantsustainabilitychallengestoaddressforthefuturesuccessoftheirbusiness
Which of the following sustainability challenges are the most critical
to address for the future success of your business?
Education
Energy
Climate change
Corruption
Peace & security
Health
Poverty eradication
Water & sanitation
Inequalities
Food security
40%
39%
29%
28%
23%
18%
16%
14%
13%
10%
Potential for Scale : 33% of CEOs believe that
business as a whole is doing enough to address
global sustainability challenges
To what extent do you agree: business as a whole is making sufficient
efforts to address global sustainability challenges
Disagree 33%
Agree30%
29%
Neither agree nor disagree
Strongly disagree
5%
3%
Strongly agree
Future Directions : CEOs see consumers and
governments growing in importance in influencing
their approach to sustainability
64%Consumers
Note: Percentage represents the proportion of CEOs numbering each issue among their top three
choices
Over the next five years, which stakeholder groups do you believe will
have the greatest impact?
Employees
Governments
Communities
Investment community
Regulators
Media
Boards
Suppliers
NGOs
Organised labour
46%
42%
28%
23%
22%
19%
17%
17%
15%
4%
Key Barriers : CEOs identify barriers to progress including a lack of financial resources, competing
priorities and the lack of a link to business value
Lack of financial resources
Note:PercentagerepresentstheproportionofCEOsnumberingeachissueamongtheirtopthreechoices
Which barriers keep you, as a CEO, from implementing an integrated and strategic company-wide approach to environmental, social and corporate
governance issues?
Competing strategic priorities
No clear link to business value
Extending strategy through the supply chain
Difficulty due to operating environment
Implementing strategy across business functions
Lack of knowledge
Lack of recognition from investors
Extending strategy through subsidiaries
Lack of support from top management
51%
44%
37%
33%
30%
27%
22%
22%
13%
8%
15
The automotive industry is
witnessing significant structural re-
alignment with focus on energy
efficiency and environmental
sustainability. The global drivers of
rapid urbanisation, climate change,
regulatory framework, scarcity of
fossil fuel and shifting consumer
preferences are shaping the future of
mobility, especially in mega-cities
and large urban settings. This
requires a fresh approach in defining
the future sustainable mobility
solutions.
The BMW Group's strategy and
approach for sustainable mobility is
driven by the vision and
commitment of the‘Board of
Management’of BMW Group.
Drawing from its Strategy No. 1 that
focuses on long term growth,
profitability, access to new customers
and technologies, BMW Group
commissioned‘Project i’to reinvent
the future of individual mobility
through innovative and
unconventional ideas. This
revolutionary approach involved
conducting field studies, interaction
with multiple stakeholders to gain
insight into the requirements of
electric vehicle landscape.
The‘Project i’later transitioned into
the introduction of sub-brand BMW i
that gives a new dimension to the
conventional understanding of
mobility. BMW i, characterized by
sustainability across the value chain,
follows a holistic approach
throughout the entire value chain.
The global market launch of the BMW
i3 (battery electric vehicle), marks a
new beginning in electric mobility.
Andreas Klugeschied, Vice President, Government Affairs,
BMW Group
Environmental Sustainability in the
Automotive Sector
16
“Drawing from its
Strategy No. 1 that
focuses on long term
growth, profitability,
access to new customers
and technologies, BMW
Group commissioned
‘Project i’to reinvent the
future of individual
mobility through
innovative and
unconventional ideas.
“
17
It embodies visionary design,
purpose-built architecture
comprising LifeDrive module, and
innovative connectivity with familiar
BMW driving pleasure that is strongly
defined by sustainability. The
lightweight design strategy specially
developed for BMW i models focuses
on extensive use of lightweight,
corrosion-proof, crash-resistant and
high-tech Carbon Fibre Reinforced
Plastic (CFRP).
The production of the BMW i3
vehicles consumes about 50 per cent
less energy, 70 per cent less water in
comparison with the current average
figures for production in the BMW
Group. The electricity used to
produce the BMW i models at the
Leipzig plant is wind-generated and
therefore 100 per cent renewable.
Similarly, all the energy used in the
production of carbon fibre at Moses
Lake plant, USA is entirely derived
from renewable, locally generated
hydroelectric power.
This has resulted in making the life
cycle global warming potential (CO2
emission) of the BMW i3, assuming a
European electricity mix (EU 25), at
least a third lower than for a highly
efficient combustion-engine vehicle
in the same segment.
The soon to be launched plug-in
hybrid sports car, the BMW i8 will
provide harmony between high
performance and excellent fuel
efficiency. The vehicle will offer a
pure electric range of 35 km and
would have a very fuel efficient
three-cylinder combustion engine.
There is an urgent need for
collaborative effort among various
stakeholders to provide strong
traction for electric mobility. The
governments can play a significant
role by providing incentives through
intelligent mix of quantitative
(monetary) and qualitative (non-
monetary) measures, developing
infrastructure to give impetus to
early adoption of electric vehicles
during the crucial market
preparation and ramp-up phase.
Globally the change in climatic
conditions is causing several
economic and social impacts. The
rising temperatures and global
warming has not only caused several
geographical changes but has also
brought about several new pressures
on the human beings. The climate
induced environmental changes are
causing displacement of human
being leading to the new
phenomenon of‘climate refugees’in
the global arena. A climate refugee is
a person displaced by climatically
induced environmental disasters
such as increased droughts,
desertification, sea level rise, and
frequent occurrences of extreme
weather events such as hurricanes,
cyclones, fires, mass flooding and
tornadoes. All this is causing mass
global migration and border
conflicts.
YES BANK believes that to arrest
these changes, it is imperative that
Sustainability be placed at the core of
business strategy. Business needs to
be driven by policy aimed at
sustainability and a business case for
the same needs to be developed. In
developing this business case, the
Bank believes that it is imperative to
ensure
?Buy-in of internal stakeholders
?Innovation and Insistence, and
?Collaborative approaches
For YES BANK, climate change could
have an impact on the way it does
business and therefore has devised
sustainability polices that aims at
mitigating climate change and
arresting those factors that have an
impact on it. In bringing these
agenda into practice, YES BANK has
adopted three main triggers to
mitigate climate change. These
include:
?Renewable Energy Portfolio
?Environmental and Social Policy
(ESP), and
?Environment Management Policy
Having integrated Responsible
Banking as one of its key
differentiators since its inception,
YES BANK scrutinises its business
activities using the ESP, a voluntary
policy that draws from the Equator
Principles, International Finance
Corporation (IFC) guidelines and
other international best practices.
The ESP also forms a crucial part of its
credit risk appraisal process. It is
aimed at setting highest standards of
corporate governance & business
practice.
The Environment Management
policy (EMP) is an integral part of its
core polices and outlines methods
for reducing carbon emissions and
reduction in waste. YES BANK has
developed a GHG tool which helps it
Environmental Sustainability in the
Banking Sector
Srinath Komarina, Assistant Vice President,
YES BANK
18
Reference:
Please refer to the slides given in the next page
to accurately track, manage and
report, in quantitative terms the GHG
emissions in real time. The EMP has
led to development of Site
Environment Monitoring System
(SEMS) for offline ATMs that monitors
and controls the usage of electrical
devises like lights, ACs, UPS etc. at its
ATMs spread across the country.
Also, YES BANK is the first bank in
India to get the ISO 14001
certification for its accurate
measurement and assessment of the
Triple Bottom Line impact. The war
on waste at the Bank is an initiative,
under the EMP, to eliminate waste
resulting from over-processing,
overproduction and inventory.
In moving forward, the bank has also
adopted several internal practices
and international guidelines to
ensure this. These include;
?Decidedly moving away from the
practice of exchanging gifts to an
environment friendly gifting option
?Signing the Natural Capital
Declaration, and
?Reporting – first Indian bank to
come out with GRI checked
Sustainability Report, and also first
Indian bank to be on the Carbon
Disclosure Leadership Index for three
consecutive years
Case Study: A Graphic Representation
• Material gifting to environment
friendlyplatform
• To support United Nations
Environment Programme’s (UNEP)
billion tree campaign & World Wide
Fund’s (WWF) Cities for Forests
campaigns planted over 8000 trees
& gifted over 2,500 e-certificates on
behalfofstakeholders
• An approximate offset of 154.48
tonsofcarbon
Vision
Mission
Deliverables
“YES BANK - Be the Benchmark Financial Institution for
Sustainability”
Link Sustainable Development with stakeholder value
creation through innovative business solutions and services
&
Weave sustainability principles into YES BANK’s core business
strategy and processes
Deliver Positive socio-environmental Impact
Enhance brand visibility and influence in sustainability space
Responsible Banking Step towards being Carbon Neutral
Insights, Learning & Success criteria
Buy-in of internal stakeholders
Innovation and Insistence
Collaborative approach
Business Case for Sustainability
Enablers
Financed emissions
First Indian Bank to sign the
Natural Capital Declaration
External Reporting
Carbon Disclosure Project (CDP)
• YES BANK is the only Indian Bank to be in the Climate
DisclosureLeadership Index (CDLI) for 3 consecutive years
19
Business sustainability is a proactive
approach towards ensuring a long-
term viability and integrity of
business through optimum utilisation
and management of resources,
reduction of environmental, energy or
social impacts, without compromising
on competitiveness or profitability. In
the current era, however, pursuing a
sustainable business model is a major
challenge considering high degree of
cost competitiveness amongst the
companies. Imbibing sustainability in
business requires companies to take
bold steps to move beyond efficiency,
beyond compliance – beyond just
green – to a higher level of
performance. In adopting it, the
leaders are challenged to shift from
seeking short-term return on
investments to longer-term gains,
making this change hard-sell to high-
level decision-makers. Given this
scenario, it is often believed that it is
easy to talk about sustainability but
absolutely difficult to practice
sustainability in an industry.
Jubilant Life Sciences, an integrated
pharmaceutical and life sciences
solution provider, believes that
adoption of sustainability requires a
bottom up approach, with each level
and systems in an organisation being
attuned to the agenda of
sustainability. Jubilant emphasises on
ensuring that the senior management
and leaders are in consensus with
regard to the sustainability
challenges. At Jubilant, the path for
sustainability is created by the
founders and the senior
management, where the emphasis is
on action. It also ensures developing,
maintaining, implementing &
reviewing systems put in place for
sustainable growth. At policy level,
Jubilant has adopted not only the
policy on sustainability but also other
policies like green supply chain, non-
discrimination, freedom of
association, climate change
mitigation and several other codes of
conduct.
Environmental Sustainability in the
Chemical Sector
Sustainability thrust areas of Jubilant
Green Jubilant Safe Jubilant Responsible Jubilant
Implement energy and water
conservation measures, reduce waste
generation and increase recycling and
reuse of waste generated, switch over
to renewable & cleaner fuels to reduce
organisational carbon footprint.
Create a safe working environment
for all employees according to
international standards and doing
regular assessments and reviews of the
same.
Jubilant Bhartia Foundation (JBF),
corporate social responsibility wing of
Jubilant Bhartia Group, implements
community initiatives focusing on
education, livelihood, healthcare and
social entrepreneurship.
Ganesh Tripathy, Chief Sustainability Officer,
Jubilant Life Sciences Limited
Key sustainability initiatives
?Considering environment, occupational health and safety impact of its products at conceptual, design and Research and
Development (R&D) stages
?Implementing stage gate process requiring all capex approvals to pass through environment, health and safety (EHS) and
sustainability criteria in addition to financial, technical, process and other regular criteria
?Use cleaner and renewable fuel like biomass in boilers, biodiesel for steam generation and maximum use of waste heat from
exothermic processes
?Use of common transport system and more use of telecommunication/video conference facilities to reduce employee travel
and thus reduce Jubilant's carbon footprint
?Co- processing of hazardous waste in cement mills helping indirectly to preserve non-renewable natural resources like coal
?4.5 per cent of Jubilant's total energy comes from the renewable sources, while some of its plants use more than 30 per cent of
its total energy consumption from renewable sources
?Reuse of treated effluent to reduce fresh water consumption, and
?Adopt new technologies to conserve energy and water
20
Reference:
Please refer to the slides given in the next page
Case Study: A Graphic Representation
• Longtermbusinesssustainability
• NationalandInternationaldevelopmentonclimatechangefront
• Globalcustomerbase
• Business opportunity through cost reduction and improving
brandimage
• Becomelesssensitivetoexternalenergypricefluctuation
Top Leadership Commitment-
Policy Framework
Developing, Maintaining,
Implementing & Reviewing Systems
put in place for Sustainable Growth
Work at Ground Level to derive
greater results
TopDownApproachforSustainable
GrowthatJubilantLifeSciences
?Jubilant believes in Corporate philosophy of Sustainable
Developmenti.e.Caring,Sharing,Growing.
?Sustainability at Jubilant is guided by several policies and
principlessomeofwhichare:
?SustainabilityMission
?ClimateChangeMitigationPolicy
?Environment,Health&SafetyPolicy
?GreenSupplyChangePolicy
?Child LabourPolicy
?PolicyonForcedandCompulsoryLabour
?BriberyandCorruptionPolicy
?FreedomofAssociationPolicy
?NonDiscriminationPolicy
?WhistleBlowerPolicy
•Energy & Water
Conservation
•Use of Cleaner
Fuels
•Reduction of
carbon footprint
•Reduction in
waste
production
• Creating a Safe
working
environment for
all employees
• Following
internationally
prescribed safety
standards
• Regular
assessments and
reviews
Jubilant Bhartia
Foundation
specializes in
community
initiatives and
focuses on:-
• Education,
• Livelihood,
• Healthcare,
• Social
Entrepreneurship
Green Jubilant Safe Jubilant Responsible Jubilant
?Considering EHS aspect at decision and design stage
?EHS impact including performance evaluation at Capex
stage for all business decisions
?EHS impact including energy performance assessment
product development stage at R&D
?Cleaner fuel
?Use biomass in boilers at Samlaya and Ambarnath units
?Use of biodiesel in Nanjangud plant for process steam
generation
?Use of Natural Gas instead of coal
?Use Waste Heat from Exothermic process
?Waste to Energy initiatives:
?Biogas from Distillery effluent
?Slop fired boiler from Distillery effluent
? Energy Conservation at all units & other efforts for climate
changemitigationbydedicatedBusinessExcellenceteam
Behavioralchange
?Encourageuse of commontransport system(e.g. shuttle service/
publictransport/company
?More use of telecommunication/ video conference to reduce
employeetravelleadingtoreductioninGHGemission
?Otherinitiativestoreduceotherscarbonfootprint
?Co-processingofHazardousWasteincementmills
?Useofflyashincementmillandbrickkiln
Conductcarbonfootprintingofselectedproducts
?The Company has conducted two life cycle based carbon
footprint studies by E&Y in 2010-11 and 2011-12. The latest study
was conducted on 15 key products of the Company using the cradle
togateapproach.
?
?
?Self dependency in energy
?Reduction in pollution in surrounding community
?Reduction in Carbon footprint
?Reduction in Energy cost
?Improve in brand image
21
Carbon focused issues in Jubilant Sustainability at Jubilant - Approach
Sustainability Policy Framework Sustainability at Jubilant- Thrust areas
Key initiatives in Reducing Energy and Carbon
Footprint by Jubilant
Key initiatives in Reducing Energy and Carbon
Footprint by Jubilant
Learning from GHG reduction initiatives
Reference:
Please refer to the slides given in the next page
Challenges to achieve environmental sustainability
ManagerialTechnological
Optimisation of production processes
and resource use
Top management involvement
Managing leakage and fire hazards
Efficient utilisation of water resources
(large volume of water used during
hydraulic fracturing)
Participation of key stakeholders
Energy efficient operations Incentivising sustainability initiative
Mainstreaming sustainability in the
organisation
Design constraint of plant and machinery Employees participation in taking
forward sustainability agenda
Tapping unconventional gas sources &
minimum impact on environment
Setting and monitoring of targets to
improve sustainability performance
India is the fourth largest energy
consumer in the world after the
United States, China, and Russia. On
one hand, the Oil and Gas sector
accounts for 39 per cent of the
country's primary needs, while on the
other hand, it contributes 15 per cent
of the India's GDP. The sector, being a
primary energy provider, has a
significant role in the national and
global economic development.
However at the same time, the Oil and
Gas sector has a huge responsibility
towards environmental sustainability.
Issues in Oil and Gas Sector:
• Energy Issue: High dependence on
import poses a serious challenge to
the aim of providing‘sustainable
energy for all’; which is a primary
requirement for development
• GHG emissions: India's CO2
emissions from energy consumption is
doubled, as country's energy intensity
declines by 28 per cent by the year
2030
• Water: Fresh water plays an
important role in upstream and
downstream core processes in the
industry, which exposes it to the risk
of contamination. However, the levels
of fresh water are receding rapidly.
• Innovating through R & D: Optimise
production and resource use, besides
diversifying portfolios through
enhanced investments in R&D.
Nevertheless, a constraint in the
resources- both financial and
technological- is source of concern.
If these issues are not dealt
adequately, it could create a huge
impact on environment with respect
to the Oil and Gas sector.
Significant innovations in GAIL to
drive environmental sustainability
GAIL has brought in considerable
innovations to achieve environmental
sustainability that include;
?Sustainability Aspirations 2020: To
achieve environmental sustainability
within the GAIL's structure, the
organisation has set sustainability
targets under the framework of
'Sustainability Aspirations 2020'. The
target is to reduce GHG Emissions
intensity by 33 per cent from 2010-11
levels. The targets are also set to
achieve energy reduction of 5 per cent
in specific energy consumption
(petrochemical and liquid
hydrocarbons (LHC) segment
products) to achieve energy efficiency.
Water consumption targets are set at
Santanu Roy, General Manager - Corporate Planning,
GAIL (India) Limited
Environmental Sustainability in the
Oil and Natural Gas Sector
45 per cent reduction keeping 2010-
11 as the base year. Target is also set
to increase waste water recycling by 5
per cent keeping 2010-11 as the base
year. Training and awareness
programmes on sustainability is
encouraged and all GAIL employees
are given training on sustainability.
?Sustainability Governance: GAIL
has appointed sub-committees
headed by an Independent Director
(ID) which looks into the aspects of
sustainability in the governance of
GAIL.
?Investments in Carbon Mitigation:
Almost 50 per cent of R&D investment
in carbon mitigation is ensured. Six
out of twenty projects on
‘environment mitigation’are being
floated by GAIL and substantial
investments are envisaged in solar
and wind energy programmes.
22
Case Study: A Graphic Representation
India
China
China USEUJapanIndia200219971992 20122007
600
400
-400
-200
200
0
MtCO2BtCO2
40
30
20
10
0
Impacts on Environment
•Atmospheric Impacts
•Aquatic Impacts
•
Terrestrial Impacts
•Ecosystem Impacts
•Human & socio-
economic impacts
Flaring, venting and combustion process
•
Improper disposal of effluents, oil spills
and leakage
••
Construction practices, improper disposal
of solid waste
•• Explosions fires, blow-outs
•••
Conflicts between development and protection
of natural resource, disturbance in land-use etc.
Lessons Learnt
Broadbasing- Sustainability is
an umbrella concept
Identifying our priority areas
through Sustainability
Performance tracking
Importance of sensitizing
sustainability among
employees
Participation from
Stakeholders
Data Management
Success Criteria
Collaboration with
external agencies
Top Management
involvement
Readiness to learn
Target: 51.35 (t e/Cr)CO2
97.50
76.65
64.25
54.7
FY 09-10 FY 10-11 FY 11-12 FY 12-13
GHG Intensity (t e/Cr)CO2
Target: 230.86 m3/Cr
505.2
419.7
344.8
288.6
FY 09-10 FY 10-11 FY 11-12 FY 12-13
Water Consumption Intensity (m3/Cr)
43
45
38.5
45.7
FY 09-10 FY 10-11 FY 11-12 FY 12-13
Waste water recycled as % of WW
generated
Target: 50.23%
13.12
14.00
14.33
14.12
2009-10 2010-11 2011-12 2012-13
Specific Energy Consumption GJ/MT
of LHC & PC product
Target: 13.30 GJ/MT
As on
31.03.13, approxima
tely 30% employees
have been covered in
training on SD
Aspects
Shared during GAIL Strategy Review Meet
We are not resting upon our laurels …
The exercise for re-look is already on...
Carbon based free lunch is over..
Identifying the Sustainability Issues
Lessons learnt and Success Criteria Sustainability Aspirations 2020
23
Environmental sustainability is a
growing challenge for the real estate
sector in India. On one hand, in the
quest to achieve development in India,
real estate and construction sector
should be propelled in the right
direction, on the other, the rising
green house emission also needs to be
checked. The buildings consume 40
per cent of the world's energy and are
responsible for 50 per cent of all
greenhouse emissions. India specific
data is more discouraging. Currently,
2/3rd of India needs buildings,
shelters, office blocks etc for the next
20 years. Thus, despite the efforts by
the government, public sector, private
sector and civil society towards
environmental sustainability, the
greenhouse emission levels are poised
to rise.
The main objective to achieve
environmental sustainability is to
reduce the carbon footprint in the real
estate sector. However, there are some
critical issues in the sector which need
immediate attention. These issues are
specifically related to construction
material, consumption of energy, use
of glasses in buildings. Hence,
developers must pay attention on the
following:
• Appropriate selection of
construction material
• Emphasis on natural lighting
• Building orientation and
landscape, and
• Promoting usage of Alternate
Energy
Environmental sustainability lies on
four pillars. These pillars are energy
management, water management,
waste management & maintaining
indoor air quality (IAQ). To achieve
environment sustanability, it is
imperative to strengthen these four
pillars.
Kamal Meattle, Chief Executive Officer,
Paharpur Business Centre
Environmental Sustainability in the
Real Estate Sector
24
Major achievements of PBC
Reduce the sanctioned MDI from 735 kVA to 350 kVA in the
energy sector
Saved 19,25,650 litres of water
Improved the indoor air quality by having more oxygenated
air and that resulted in energy savings of 30%
?There should be appropriate selection of construction
material.
?Emphasisonusingmorenaturallightshouldbemade.
?Usageof'AlternateEnergy'shouldbepromoted.
?WaterHarvestingshouldbemadecompulsory,and
?Wasteshouldberecycledasmuchaspossible.
Reference:
Please refer to the slides given in the next page
Paharpur Business Centre's (PBC) measures towards strengthening the pillars of
environmental sustainability
Light coloured tiles
on the roof, light
reflecting paints and
cool wall paints are
used to reduce the
heat gain
Collection and
harvesting of
rainwater from
rooftop
Plastic bottles are
re-used to grow
plants
IAQ maintained as
per ASHRAE and
WHO Standards
Energy Management Water Management Waste Management Maintaining indoor
air quality
White mesh and
green reflective films
are used to block
direct sunlight
Installation of
waterless urinals
and sensor taps in
washrooms
Waste segregation
is followed
ASHRAE
recommends 20
CFM air per person
but PBC maintains
4.7 CFM pp of fresh
air load on system
Pre-centrifuged
diesel are used for
all diesel generators
Hydroponics
culture is adopted
for recirculation of
water in plants
Food waste is
converted into
organic manure
through vermiculture
Evaporative cooling
is adopted to reduce
the temperature of
air entering the air
conditioners
Sky planters are
placed to limit
evaporation and
dripping
Paperless
methodology is
followed
Key initiatives
Case Study: A Graphic Representation
735
552
462
400 400 400 350
0
100
200
300
400
500
600
700
800
2006 2007 2008 2009 2010 2011 2012
Sanctioned kVA 2006-2012
Smallest Particulate Matter - goes to our lungs
Central Pollution Control Board (CPCB) Standard
for ambient air – 60µg/m3
USA – Environmental Protection Agency (EPA)
Standard for ambient air – 35µg/m3
8:00pm PRITHVIRAJ ROAD – 3140µg/m3
1:00am FEROZESHAH ROAD - 7280µg/m3
Equivalent to Smoking 50 CIGARETTES in 1
Minute
WHAT AIR DID YOU BREATHE?
3rdNovember,2013
DIWALIFESTIVAL
ParticulateMatter2.5
SmallestParticulateMatter-goestoourlungs
On3rdNovember,OTHERBUILDINGS-1210µg/m3
On3rdNovemberinPBC-79µg/m3
CPCB Standard for ambient air – 60µg/m3
USA – EPA Standard for ambient – 35µg/m3
On 3rd November, 2013: AMBIENT AIR –
1018µg/m3
Guideline for Indoor Air – 15µg/m3
On 3rd November, 2013: OTHER BUILDING -
1810µg/m3
With several Energy Efficient Practices, PBC has reduced
its sanctioned MDI from 735 kVA to 350 kVA
Particulate Matter 10 (PM10)
Particulate Matter 2.5 (PM 2.5) PBC makes that Difference
How PBC made that Difference….
PARAMETERS
AVG. of other
Buildings
PBC %
REDUCTION
CO2, ppm 1067.5 488 55
PM10, µg/m3 689 24 97
PM2.5, µg/m3 492 14 97
VOC - Benzene, ppb 150 BDL 99.99
VOC - Acetaldehyde, ppb 3125 BDL 99.99
VOC - Acetone, ppb 800 BDL 99.99
VOC - Toluene, ppb 275 BDL 99.99
Aerobic Plate Count, cfu 153 26 83
Fungal Count, cfu 48 <1 99
25
26
Key Recommendations
Chemical Sector
Automotive Sector
?Evaluate the option of introducing CO based taxation, and2
?Accelerate the adoption of electric vehicle (xEV) in India by providing financial incentives in the initial
phase spanning five years. A significant reduction in the import tariffs of completely built electric &
plug-in hybrid vehicles is strongly recommended to provide opportunity for automotive companies
to demonstrate cutting edge electric technology and also create a market for future technology
?Emphasisonenvironment,occupationalhealthandsafetyimpactatconceptual,designandR&Dstages
?Use of cleaner and renewable fuel like biomass in boilers, biodiesel for steam generation and maximum
useofwasteheatfromexothermicprocesses
?Co-processingofhazardouswastetopreservenon-renewablenaturalresourcessuchas,coal,and
?Reuseoftreatedeffluenttoreducefreshwaterconsumption
Oil and Natural Gas Sector
?Optimise production and resource use, and diversifying portfolios through enhanced investments
in R & D.
?Training and awareness programmes on sustainability among employees, and
?Investment to be made in carbon mitigation through promotion of solar and wind energy
programmes
Banking Sector
?Sustainability to be placed at the core of its business strategy
?The sustainability policy should ensure and work towards buy-in of internal stakeholders, innovation
and insistence and collaborative approach among various stakeholders
?Promotion of investments in programmes aimed at carbon mitigation, and
?Adoption of carbon mitigation policies in internal functioning and external engagement
Real Estate Sector
?Appropriate selection of construction material
?Construction design should ensure optimum use of natural light indoors
?Usage of‘Alternate Energy’
?Implementation of water harvesting techniques in buildings, and
?Stress on waste recycle management through refuse, reduce, reuse & recycle of waste, paperless
office, reuse of printed paper, recycling and reconstruction of broken furniture and discarding of
e-waste through e-waste recyclers
27
Project & Report Lead
Concept Lead
Co-Organiser
Special Thanks
Expert Inputs and Round Table Moderation
Report Compilation, Editing, and Coordination
Transcription
Print and Design
Pooran Chandra Pandey, Executive Director, GCNI
Vinod Pandey, Head, Government Affairs, BMW Group India
BMW Group India
Dr. Uddesh Kohli, Senior Adviser, UNGC, New York
Philipp von Sahr, President, BMW Group India
Frederika Meijer, Representative, United Nations Population Fund, India and Country Director,
United Nations Population Fund, Bhutan
Ashok Baran Chakraborty, Chief Sustainability Officer, Indian Institute of Corporate Affairs,
Ministry of Corporate Affairs, Government of India
Bharat Wakhlu, Resident Director, Tata Services Limited
Kamal Meattle, Chief Executive Officer, Paharpur Business Centre
Santanu Roy, General Manager- Corporate Planning, GAIL (India) Limited
Ganesh Tripathy, Chief Sustainability Officer, Jubilant Life Sciences Limited
Srinath Komarina, Assistant Vice President, YES BANK
Andreas Klugescheid, Vice President, Government Affairs, BMW Group
Vishvesh Prabhakar, Managing Director India, Operations & Sustainability Services, Accenture
Reshma Kulkarni, Consultant, Accenture
Jhumki Dutta, Programme Coordinator, GCNI
Yashsvi Chandra, Programme Associate, GCNI
Parvinder Singh Chhabra, MBA Student, New Delhi Institute of Management (NDIM)
Piyush Arora, MBA Student, New Delhi Institute of Management (NDIM)
Litmus Communication
Acknowledgements
PHOTO CREDIT
Page 5 © GCNI Photo
Page 6 © GCNI Photo
Page 8 © GCNI Photo
Page 9 © GCNI Photo
Page 10 © GCNI Photo
Page 11 © GCNI Photo
Page 12 © GCNI Photo
Page 14 © GCNI Photo
Page 16 © BMW AG Munich
Page 17 © BMW AG Munich
Page 18 © GCNI Photo
Page 20 © GCNI Photo
Page 22 © GCNI Photo
Page 24 © GCNI Photo
With its three brands, BMW, MINI and Rolls-Royce, the
BMW Group has its sights set firmly on the premium sector
of the Indian automotive market. Along with its
automotive concerns, the BMW Group's activities in India
comprise marketing of motorcycles, as well as financial
services for its premium clientele.
BMW Group in India
The BMW Group is one of the most successful
manufacturers of automotive sector and motorcycles in
the world. Sustainability is firmly embedded in the BMW
Group's culture and is an integral part of corporate
strategy. In 2001, the BMW Group committed itself to the
United Nations Environment Program, the UN Global
Compact and the Cleaner Production Declaration. The
BMW Group was ranked industry leader in the Dow Jones
Sustainability Indexes for the years 2005-2012.
To learn more about how the BMW Group thinks and
acts in a sustainable manner, please visit
www.bmwgroup.com/svr
The BMW Group
Global Compact Network India was
formed in November 2003 and was
registered as a non-profit society to
function as the Indian local network of the
UN Global Compact programme. It is the
first local network in the world to be
established with full legal recognition.
Global Compact Network India (GCNI) is a
country level platform for businesses, civil
organisations, public sector and aids in
aligning stakeholders’practices towards
the Ten Universally Accepted Principles of
UNGC in the areas of Human Rights,
Labour, Environment and Anti –
corruption. At present, the India network
ranks among the top, out of the 102 local
networks in the world, and has emerged
as the largest corporate citizenship and
social responsibility organisation in the
country with a pan India membership of
173 organisations, that have strengthened
their commitment to the UN's Global
Compact Principles by becoming proud
signatories of the local network, GCNI.
For further information,
please visit www.globalcompact.in
Global Compact Network
India
Copyright © 2014
Global Compact Network India Office
Scope Complex, Core 5, 6th Floor (ONGC) Office, 7 Institutional Area
Lodhi Road, New Delhi - 110003
Email: gcnindia@gmail.com
This publication is intended strictly for learning purposes. The inclusion of company names and/or examples does
not constitute an endorsement of the individual companies by the Global Compact Network India Office. The
material in this publication may be quoted and used provided there is proper attribution.
Disclaimer

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India Sustainability Dialogue

  • 1. A Report on India Sustainability Dialogue The Ecological Challenge
  • 2. 2 Contents Messages Executive Summary Inaugural Session Insights from the UN Global Compact – Accenture CEO Study on Sustainability 2013 Case Studies on Creating a Sustainable Future: From Products to Supply Chain Environmental Sustainability in the Automotive Sector by BMW Group Environmental Sustainability in the Banking Sector by YES BANK Environmental Sustainability in the Chemical Sector by Jubilant Life Sciences Limited Environmental Sustainability in the Oil and Natural Gas Sector by GAIL (India) Limited Environmental Sustainability in the Real Estate Sector by Paharpur Business Centre Recommendations 22 20 18 16 14 7 4 3 24 26
  • 3. 3 We in corporate India are invariably conditioned to hyphenate the term 'increase' with 'better' and 'desirable' such as increased turn - over, increased profits, increased market - cap and the like. However, in context of finding a solution to cussed sustainability issues for planet earth, 'increased' is not really 'better' or even 'desirable' because while problems have increased, solutions have not and hence the immediacy of finding one at the India Sustainability Dialogue. Sudhir Vasudeva President, Global Compact Network India and CMD, ONGC “ “ The success of the BMW Group is attributed to long term thinking and responsible action. Corporate Sustainability is an investment in our future that will keep playing a significant role in the economic success of the Group. Philipp von Sahr President, BMW Group India “ “ Messages
  • 4. Executive Summary In recent years, carbon dioxide emissions have become a serious environmental concern on a global scale. The concentration has st increased markedly in the 21 century, at a rate of 2.0 ppm/yr during 2000–2009 and faster since then. It has risen to 400 ppm (parts per million) as of May 2013, and is projected to go higher in the next decade. Because of their impact on the 'greenhouse effect', which ultimately affects climate change, scientists and individuals around the globe have become increasingly concerned with the environmental distress arising out of the carbon emissions. Human activities are altering the carbon cycle-both by adding more carbon to the atmosphere and by influencing the ability of natural sinks, like forests, to remove carbon from the atmosphere. While carbon emissions come from a variety of natural sources, human- related emissions are responsible for the increase that has occurred in the atmosphere since the industrial revolution.With humanity's march towards 2050, our planet will house a global population of 9 billion with close to 70 per cent living in cities. This massive scale of urbanization is expected to result in doubling of the energy demand by 2050 with close to 75 per cent of total demand arising from developing and emerging economies. Even if our current emissions profile stagnates or reduces marginally, a 4°C temperature rise with drastic climatic changes is a very realistic possibility. Therefore, it is paramount for us to plan, build and manage a low carbon growth for the world. Closer home, in the last one year in India there have been two major climate related calamities - Uttarakhand floods in the North and Cyclone Phailin in the South.These calamities have not only uprooted people from their homes and destroyed associated eco-systems but also set back the economic progress of states of Uttarakhand and Odisha by a number of years. Across India, reports showcase that a whopping 65 per cent of the land is degraded in some way, shape or form and the endless government policies do little to curb the damage. Nearly 30 per cent of India's gross agricultural output is lost every year due to soil degradation, poor land management and counterproductive irrigation. Solid waste on the other hand, is causing contamination of water resources and severe air pollution due to the open burning of solid waste. As per the‘Manual on Solid Waste Management’prepared by Central Public Health & Environment Engineering Organisation (CPHEEO), Ministry of Urban Development, Government of India, 0.2-0.6 kg/capita/day of waste is generated in Indian cities. The government and industries have recently begun to pay more attention and are assuming an important role in reducing carbon emission by promoting and employing practices that are directed towards sustainability. The 'India Sustainability Dialogue' aimed to understand the challenges and opportunities that the industries face in addressing this issue. The discussion was an attempt to deliberate about the challenges and opportunities that exist to achieve sustainability especially with regard to carbon emissions. The panel represented by wide business sectors such as Banking, Chemical, Real Estate, Oil and Natural Gas, Automotive and the Government examined the Indian and Global industries’perspectives on the ecological issues of sustainability and ways to counter those challenges. The dialogue, jointly organised by Global Compact Network India and BMW Group India, served as a platform to discuss on the various dimensions and challenges of sustainability in India. The dialogue also served as a platform where eminent companies addressed the issues of ecological challenges of sustainability faced by them and their industry, and the steps undertaken by them to resolve them. Industrial operations and their products contribute significantly to environmental pollution, and therefore have a greater responsibility to contribute towards Across India, reports showcase that a whopping 65 per cent of the land is degraded in some way, shape or form and the endless government policies do little to curb the damage. “ “ 4
  • 5. ensuring cleaner production and operational methods. The experts deliberated on the methods to reduce carbon footprint from products to supply chain, understand the challenges in doing so and learn from best practices. In the Automotive sector, the growing demand of passenger and public transport has led to an increase in greenhouse gas (GHG) emissions. According the US Energy Information Administration, India's transportation energy use will grow at about 5.5 per cent a year – significantly higher than the world average of 1.4 per cent per year. Therefore, the automotive companies are required to take stringent measures for low carbon development. BMW Group has been at the forefront of constantly addressing the ecological challenges. BMW i, a sub-brand of BMW, focuses on addressing the sustainability challenges of future mobility. The manufacturing approach for BMW i also endeavors to set new standards in the use of innovative materials and the cautious use of resources. Buildings account for 50 per cent of GHG emissions therefore it is necessary for real estate companies to take steps in order to reduce the GHG emissions. With India expected to grow at the rate of 7 to 8 per cent leading to an approximately 80 per cent of growth in physical assets, the Real Estate Sector in India needs to undertake measures to ensure the development of green buildings. Paharpur Business Centre (PBC), one of the pioneer companies with respect to green buildings, came up with practical solutions to address this issue. The Paharpur Business Centre adopted a number of innovative methods to ensure that it contribute minimum to the carbon emissions. The efficient energy, water and waste management techniques and the indoor air quality check carried out regularly within the premises of PBC are some impressive measures taken by PBC to check GHG emissions. Oil and Natural Gas industry operates in a wide range of activities which create a huge impact on environment. These include operations in oil and gas wells, establishment of processing facilities, operating storage tanks and distribution pipelines etc. The industry is the largest industrial source of emissions of volatile organic compounds (VOCs), a group of chemicals that contribute to the formation of ground level ozone (smog). One of the premier Oil and Gas Companies, GAIL (India) Limited is working towards contributing to sustainability of the environment through innovations in technology. GAIL (India) Ltd. faced certain managerial and technological challenges but has managed to operate within the framework of environmental sustainability and are making efforts to further lower the CO emissions. Certain significant2 innovations like 'Sustainability Aspirations 2020', 'Sustainability Governance', and landfill gas projects The dialogue served as a platform where eminent companies addressed the issues of ecological challenges of sustainability faced by them and their industry, and the steps undertaken by them to resolve them. 5 “ “
  • 6. have been put up by GAIL to drive transformation. Chemical industries account for 8.1 per cent of the total GHG emissions in the country. Jubliant Life Sciences through its project 'Six Sigma', a business excellence project, saves money which is directed towards addressing sustainability challenges. Jubilant Life Sciences also adopted other policies to integrate the sustainability principles, like green supply chain policy, freedom of association policy, climate change mitigation policy, etc. It uses cleaner fuel in the form of biomass in boilers, biodiesel for steam generation and use of waste heat from exothermic processes. It has also adopted new technologies to increase water recovery, processed hazardous waste in cement factories side by side and used slug water from distilleries for environmental purpose. Banking sector can help India to achieve large-scale development of clean energy resources to reduce carbon intensity and GHG emissions by prioritising investments in technologies across sectors with low incremental abatement costs and other co-benefits. YES BANK through its focus on climate change and by converting climate change into an opportunity from risk is working towards contributing to saving the environment and attaining sustainability. Their Environment and Social Policy (ESP) and the Environment Management Policy play a key role in attaining sustainability. The India Sustainability Dialogue emphasised that equilibrium between sustainability and profitability has to be maintained and the '4 Pillars' of sustainability has to be emphasised irrespective of the nature of one's business or profession. New standards have to be set, attempts needs to be made to bring down the kilo-volts ampere (kVA) and water consumptions and policies need to be revised so that effective contributions by industries could be made to achieve environmental sustainability. The India Sustainability Dialogue emphasised that equilibrium between sustainability and profitability has to be maintained and the '4 Pillars' of sustainability has to be emphasised irrespective of the nature of one's business or profession. “ “ 6
  • 8. 8 Welcoming the guests, Dr. Uddesh Kohli stated that United Nations Global Compact (UNGC) works firstly, to engage companies to work around the Ten Universal Principles of Global Compact and secondly, to commit companies towards the broad UN Goals such as Millennium Development Goals (MDGs) and post-2015 Development Agenda. Global Compact Network India (GCNI) also works to strengthen the objectives of UNGC and works to further the mandate of UNGC in India. Based on the MDGs, various initiatives have been taken up by UNGC which include Principles of Responsible Management Education (PRME), Principles of Responsible Investments (PRI), Caring for Climate, Women Empowerment Principles (WEPs), Children's Rights and Business Principles, sustainability etc. Sustainability has become one of the most important features of UN development goals. The Leaders Summit held in September 2013 in New York stressed on the importance of sustainability for the development of post-2015 agenda. Clubbed with the issue of sustainability, climate change is a bigger issue, which needs immediate response from governments and private sector. Many companies have taken measures to reduce the carbon footprints in their operations. It is in this context that the ‘Indian Sustainability Dialogue: The Ecological Challenge’, is important, as it would enable us in arriving at solutions on ecological challenges that the companies are facing and measures that are being used to overcome these challenges. He also emphasised the significance of the event as it brought together GCNI and BMW Group to address key sustainability challenges and address these collectively. Sustainability is the result of collective efforts towards a common mandate of achieving objectives that leverage resources and expertise to benefit social, economic and ecological dimension of business and society. This event is part of a broader initiative to examine opportunities and challenges within Indian companies as they work towards embedding sustainability practices within their ethos and business operations. Clubbed with the issue of sustainability, climate change is a bigger issue, which needs immediate response from governments and private sector. “ “ Dr. Uddesh Kohli Senior Adviser, United Nations Global Compact, New York
  • 9. Philipp von Sahr President, BMW Group India BMW Group launched sub brand BMW i to make individual mobility truly sustainable. The focus is on developing visionary vehicles and mobility services to address the new requirements of urban mobility. The Group introduced its first battery electric vehicle BMW i3 in 2013 and will launch a plug-in hybrid sports car BMW i8 in 2014. “ Mr. von Sahr started with appreciating the efforts of UNGC in creating a platform to bring together diverse stakeholders for deliberating and working on future sustainability challenges. BWM Group has been an active member since joining the UNGC in 2001. One of the important focus areas of UNGC is‘environment’. Climate change, scarcity of natural resources and need for low carbon development are some of the major ecological challenges. Therefore, it becomes imperative for the automotive industry to focus on 'sustainability' as the key driver of business growth. The success of the BMW Group is attributed to long term thinking and responsible action. The‘sustainability’ focus of the Group dates back to the year 1973 with the appointment of 'Environmental Protection Officer', the first company in the automotive sector to do so. In the year 2000, the Executive Board passed a resolution making 'sustainability' the guiding principle of the BMW Group's corporate strategy. BMW Group is the leading provider of 'premium products and premium services' for individual mobility. ‘Premium’comes with responsibility today and in the future, therefore the meaning of premium goes beyond excellence in products and services and extends to sustainability in all its forms – Ecological, Economic, and Social. The Group follows a holistic sustainability approach that cuts across the value chain from research to recycle. The Group's sustainability efforts are driven by a comprehensive product responsibility with clear commitment to conserve resources. The‘Efficient Dynamics’strategy consistently works on reducing Co emissions of the2 vehicles without compromising on the sheer driving pleasure that defines BMW. Since the year 1995 the Group has reduced its average CO2 emissions for the European Union vehicle fleet, by more than 30 per cent. The clean production concept practice aims at reducing energy and water consumption at various manufacturing facilities. While talking about the future, he emphasised on Electric Mobility strongly influencing the future mobility landscape. BMW Group launched sub brand BMW i to make individual mobility truly sustainable. The focus is on developing visionary vehicles and mobility services to address the new requirements of urban mobility. The Group introduced its first battery electric vehicle BMW i3 in the year 2013 and will launch a plug-in hybrid sports car BMW i8 in the year 2014. The manufacturing approach of BMW i family will set new standards in the use of innovative materials and cautious use of resources. He talked about the role of various stakeholders in making electric mobility a success. The Government needs to play a significant enabling role by providing the requisite policy support for demand creation, infrastructure development etc. He applauded Indian Government's efforts in formulating the National Electric Mobility Mission Plan 2020. 9
  • 10. Frederika Meijer Representative, United Nations Population Fund, India and Country Director, United Nations Population Fund, Bhutan Ms. Meijer began her address by stating that environment sustainability is essential to achieve developmental goals, since environmental crisis has a great impact on poor and developing countries. She also stated that environmental sustainability is deeply related to population, poverty and environment. Most environmental problems including climate change are aggravated by population growth and its dynamics. Population dynamics include not only the changes in population size and age structure, but also trends in migration and urbanisation. These dynamics cannot be ignored while formulating any realistic plans for development of the current and future generation. She also stated that food and water securities are also increasingly becoming critical issues in many developing countries. The food and agriculture acquisition of the UN estimates that in order to meet the needs of the developed population in the year 2020, the food production has to be doubled. With the ever increasing population, such concerns need to be addressed without delay. She stated that the world population passed the 7 billion mark in the year 2011 and will continue to grow rapidly. Stabilising this population growth is critical for a sustainable environment. She suggested that free and individual choice of the size of one’s family is the most practical option for slowing population growth. Preventing unwanted pregnancies through family planning is one of the most cost effective ways to preserve the environment. Family planning makes good economic sense too. A dollar spent in family planning can save $2-6 in achieving the MDGs in health, education and environmental sustainability. In developing countries with high fertility, having healthy and fewer children can reduce the economic burden and environmental demands. Efforts such as empowerment of women, improvement in the social conditions and ensuring universal access to reproductive health including voluntary family planning, therefore need to be made to reduce population thus contributing to environment population stability. To avert the huge cost that rapid population growth could have, the United Nations Population Fund (UNFPA) is working towards providing full access to voluntary reproductive health service and support, with the agenda to empower young women and people through health, education and employment opportunities that will shape their future. UNFPA is doing this because it wants to deliver a world, where every pregnancy is wanted, every child birth is saved and all the requirements of young people are fulfilled. UNFPA is doing this because it wants to deliver a world where every pregnancy is wanted, every child birth is saved and all the requirements of young people are fulfilled. “ “ 10
  • 11. Ashok Baran Chakraborty Chief Sustainability Officer, Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, Government of India The Ten Universal Principles of the Global Compact and UN's Millennium Development Goals focus on ensuring environmental sustainability among other goals; this is of critical importance, which should not be sidelined. “ “ While sustaining the business is one part, sustainable development in terms of reducing the ecological impact and resource intensity throughout the life cycle is another part. There are quite a few regulatory steps that have been taken towards sustainable development. The Ministry of Corporate Affairs has brought out the National Voluntary Guidelines on Social, Environmental and Economical Responsibilities of business. A lot, however is required to be done in terms of increasing awareness, understanding and taking active measure in the Monetary, Reportable and Verifying (MRV) mode. The Ten Universal Principles of the Global Compact and UN's MDGs focus on ensuring environmental sustainability among other goals; this is of critical importance, which should not be sidelined. In his address, he reiterated that the time is right where every action towards sustainable development and growth is required to be undertaken in full spirit for better future. 11 Ten principles of the Global Compact are universal in appeal, have depth of inclusion and diversity that best serves as prime indicators of business’ approach and understanding towards sustainable development. He also appreciated the efforts of GCNI in bringing key stakeholders together to discuss, debate and take actions on ecological challenges of sustainability in a holistic manner.
  • 12. 12 Bharat Wakhlu Resident Director, Tata Services Limited Mr. Wakhlu in his inaugural address laid stress on changing the trajectory of the manner in which sustainability is being perceived. He stated that the fact is that businesses do not understand exactly what sustainability is. Business leaders talk about sustainability as a concept, which for them is about mitigating the risks and being able to run the business just for making profit. He stressed that“we need to change the way business is done in the first place”, while also stating that perceiving corporates as villains is a flawed paradigm. He reiterated that what is needed is a new consciousness of attacking this fundamental problem which is impairing the way the planet is able to recharge itself. Steps need to be taken on an urgent basis to put the nature out of this disorder. People need to understand that concerns of global warming are real, that the impact of climate change needs to be taken seriously. Emphasising on collective efforts, he stated that the Corporates, Non- Governmental Organisations (NGOs) and Government should be brought together to arrest these challenges. Any agency working in isolation will not be able to achieve this on its own. Partnerships and collaborations in this regard, thus, assume great significance. He further stated that sustainability rests on four pillars. These‘Four Pillars’ of sustainability on which enterprises must work to achieve the MDGs include ?Ecological Sustainability: The environment is getting degraded and its ability to regenerate has gone down. The businesses cannot work ignoring that. ?Social Justice: Businesses need to create value that is shared by all. ?Spiritual well being: Things like joy, happiness, and fulfilment are a part of inner being and need to be kept in mind, and ?Improve the quality of life of all people without exception: The world today is far more interconnected and development can't take place in isolation. Asserting on the important role of business in taking forward the sustainability agenda, Mr. Wakhlu re- iterated that businesses bring in talent, money and ideas to the table, these result in devising innovative solutions to address challenges in the area of sustainability. Ending his address, he stated that all agencies need to collaborate to ensure that the business achieve the four pillars of sustainability. As businesses, we have got to ensure that we are mindful of our impacts on the people and on our stakeholders. As businesses we got to ensure that we are mindful of ourimpactsonthepeople,onourstakeholders “ “
  • 13. Creating a Sustainable Future: From Products to Supply Chain Insights & Case Studies
  • 14. This year has been a marquee year in the entire climate change debate. For the first time in 2 million years, the atmospheric concentration of CO2 was measured at 400 ppm at the Mauna Loa Observatory in Hawaii on th 9 May 2013. This is a watershed event, as it is a realistic possibility that global temperature could increase by 4°C resulting in drastic climatic changes. Such changes are bound to have an impact on businesses and financial standing of countries. In a study done in the year 2012, researchers estimated that the cost of climate change and air pollution combined will rise to 3.2 per cent of global GDP by the year 2030. The world's least developed countries will suffer losses of up to 11 per cent of GDP and the impacts are already being felt. It is estimated that climate change is contributing to the deaths of nearly 400,000 people a year and costing the world more than $1.2 trillion, wiping 1.6 per cent annually from global GDP. The India 200 Climate Change Report 2013 by Carbon Disclosure Project (CDP) launched in Mumbai, asserts that businesses and companies are aware of the sheer physical risk and devastating effect that climate change can have on their operations. Sustainable practices and its promotion in this context assume great significance. New parameters for sustainability need to be considered so that the new way of thinking can be followed, to embed this concept in day to day activities, involving the businesses, civil society, investors and the government. The UN Global Compact – Accenture CEO Study on Sustainability 2013, representing the views of more than 1000 CEOs worldwide, stresses that sustainability is firmly placed on the CEOs agenda and that they are committed to taking action on sustainability. Some of the key findings of the survey are: 1. The sustainability concept is given different weightage in different countries and continents. E.g. in Africa poverty eradication tops the list, while in Asia, peace and security are more important. 2. Brand trust and reputation is at the highest when it comes to what triggers the CEO's of companies towards sustainability followed by potential for revenue and then consumer demand. 3. Energy and climate change are amongst the top in the priority list with respect to the sustainability agenda of the CEO's, and 4. Role of government is considered important. However, there are certain expectations with respect to the regulations and standards set by them and subsidies and taxes essential for supporting green growth. Following the sustainability agenda is, however, not without challenges. Lack of financial resources, competing priorities, lack of link to business value and lack of ability to communicate the business value of sustainability to the investors and the consumers and whether it holds any business value pose some of the major challenges with regard to sustainability. To address these challenges, it is therefore important that the issue is discussed more frequently at the board levels, sustainability is integrated in the strategies of the companies and measurement of both positive and negative impacts of their activities on sustainable outcomes are taken into consideration in strategic business blue prints. Vishvesh Prabhakar, Managing Director India, Operations & Sustainability Services, Accenture Insights from the UN Global Compact - Accenture CEO Study on Sustainability 2013 14 Reference: UN Global Compact - Accenture CEO Study on Sustainability 2013 Please refer to the slides given in the next page
  • 15. Insight from the study: A Graphic Representation Intent & Priorities : Sustainability and climate change is firm on the CEO agenda Transformational impact of sustainability of CEOs expect sustainability to transform their industry within 5 years 63% Opportunities presented by Sustainability of CEOs believe that embedding sustainability into core business will drive revenue growth & new opportunities 76% Key to business success of the responding CEOs regard sustainability as key to success 93% Focus on Energy & Climate Change of responding CEOs consider Energy and Climate Change as key priorities within sustainability agenda 68% Intent & Priorities : Energy and Climate Change rank amongst the top 5 in CEO priorities for sustainability 64%Growth & employment Note:PercentagerepresentstheproportionofCEOsineachregionnumberingeachissueamongtheir topthreemostimportantsustainabilitychallengestoaddressforthefuturesuccessoftheirbusiness Which of the following sustainability challenges are the most critical to address for the future success of your business? Education Energy Climate change Corruption Peace & security Health Poverty eradication Water & sanitation Inequalities Food security 40% 39% 29% 28% 23% 18% 16% 14% 13% 10% Potential for Scale : 33% of CEOs believe that business as a whole is doing enough to address global sustainability challenges To what extent do you agree: business as a whole is making sufficient efforts to address global sustainability challenges Disagree 33% Agree30% 29% Neither agree nor disagree Strongly disagree 5% 3% Strongly agree Future Directions : CEOs see consumers and governments growing in importance in influencing their approach to sustainability 64%Consumers Note: Percentage represents the proportion of CEOs numbering each issue among their top three choices Over the next five years, which stakeholder groups do you believe will have the greatest impact? Employees Governments Communities Investment community Regulators Media Boards Suppliers NGOs Organised labour 46% 42% 28% 23% 22% 19% 17% 17% 15% 4% Key Barriers : CEOs identify barriers to progress including a lack of financial resources, competing priorities and the lack of a link to business value Lack of financial resources Note:PercentagerepresentstheproportionofCEOsnumberingeachissueamongtheirtopthreechoices Which barriers keep you, as a CEO, from implementing an integrated and strategic company-wide approach to environmental, social and corporate governance issues? Competing strategic priorities No clear link to business value Extending strategy through the supply chain Difficulty due to operating environment Implementing strategy across business functions Lack of knowledge Lack of recognition from investors Extending strategy through subsidiaries Lack of support from top management 51% 44% 37% 33% 30% 27% 22% 22% 13% 8% 15
  • 16. The automotive industry is witnessing significant structural re- alignment with focus on energy efficiency and environmental sustainability. The global drivers of rapid urbanisation, climate change, regulatory framework, scarcity of fossil fuel and shifting consumer preferences are shaping the future of mobility, especially in mega-cities and large urban settings. This requires a fresh approach in defining the future sustainable mobility solutions. The BMW Group's strategy and approach for sustainable mobility is driven by the vision and commitment of the‘Board of Management’of BMW Group. Drawing from its Strategy No. 1 that focuses on long term growth, profitability, access to new customers and technologies, BMW Group commissioned‘Project i’to reinvent the future of individual mobility through innovative and unconventional ideas. This revolutionary approach involved conducting field studies, interaction with multiple stakeholders to gain insight into the requirements of electric vehicle landscape. The‘Project i’later transitioned into the introduction of sub-brand BMW i that gives a new dimension to the conventional understanding of mobility. BMW i, characterized by sustainability across the value chain, follows a holistic approach throughout the entire value chain. The global market launch of the BMW i3 (battery electric vehicle), marks a new beginning in electric mobility. Andreas Klugeschied, Vice President, Government Affairs, BMW Group Environmental Sustainability in the Automotive Sector 16 “Drawing from its Strategy No. 1 that focuses on long term growth, profitability, access to new customers and technologies, BMW Group commissioned ‘Project i’to reinvent the future of individual mobility through innovative and unconventional ideas. “
  • 17. 17 It embodies visionary design, purpose-built architecture comprising LifeDrive module, and innovative connectivity with familiar BMW driving pleasure that is strongly defined by sustainability. The lightweight design strategy specially developed for BMW i models focuses on extensive use of lightweight, corrosion-proof, crash-resistant and high-tech Carbon Fibre Reinforced Plastic (CFRP). The production of the BMW i3 vehicles consumes about 50 per cent less energy, 70 per cent less water in comparison with the current average figures for production in the BMW Group. The electricity used to produce the BMW i models at the Leipzig plant is wind-generated and therefore 100 per cent renewable. Similarly, all the energy used in the production of carbon fibre at Moses Lake plant, USA is entirely derived from renewable, locally generated hydroelectric power. This has resulted in making the life cycle global warming potential (CO2 emission) of the BMW i3, assuming a European electricity mix (EU 25), at least a third lower than for a highly efficient combustion-engine vehicle in the same segment. The soon to be launched plug-in hybrid sports car, the BMW i8 will provide harmony between high performance and excellent fuel efficiency. The vehicle will offer a pure electric range of 35 km and would have a very fuel efficient three-cylinder combustion engine. There is an urgent need for collaborative effort among various stakeholders to provide strong traction for electric mobility. The governments can play a significant role by providing incentives through intelligent mix of quantitative (monetary) and qualitative (non- monetary) measures, developing infrastructure to give impetus to early adoption of electric vehicles during the crucial market preparation and ramp-up phase.
  • 18. Globally the change in climatic conditions is causing several economic and social impacts. The rising temperatures and global warming has not only caused several geographical changes but has also brought about several new pressures on the human beings. The climate induced environmental changes are causing displacement of human being leading to the new phenomenon of‘climate refugees’in the global arena. A climate refugee is a person displaced by climatically induced environmental disasters such as increased droughts, desertification, sea level rise, and frequent occurrences of extreme weather events such as hurricanes, cyclones, fires, mass flooding and tornadoes. All this is causing mass global migration and border conflicts. YES BANK believes that to arrest these changes, it is imperative that Sustainability be placed at the core of business strategy. Business needs to be driven by policy aimed at sustainability and a business case for the same needs to be developed. In developing this business case, the Bank believes that it is imperative to ensure ?Buy-in of internal stakeholders ?Innovation and Insistence, and ?Collaborative approaches For YES BANK, climate change could have an impact on the way it does business and therefore has devised sustainability polices that aims at mitigating climate change and arresting those factors that have an impact on it. In bringing these agenda into practice, YES BANK has adopted three main triggers to mitigate climate change. These include: ?Renewable Energy Portfolio ?Environmental and Social Policy (ESP), and ?Environment Management Policy Having integrated Responsible Banking as one of its key differentiators since its inception, YES BANK scrutinises its business activities using the ESP, a voluntary policy that draws from the Equator Principles, International Finance Corporation (IFC) guidelines and other international best practices. The ESP also forms a crucial part of its credit risk appraisal process. It is aimed at setting highest standards of corporate governance & business practice. The Environment Management policy (EMP) is an integral part of its core polices and outlines methods for reducing carbon emissions and reduction in waste. YES BANK has developed a GHG tool which helps it Environmental Sustainability in the Banking Sector Srinath Komarina, Assistant Vice President, YES BANK 18 Reference: Please refer to the slides given in the next page to accurately track, manage and report, in quantitative terms the GHG emissions in real time. The EMP has led to development of Site Environment Monitoring System (SEMS) for offline ATMs that monitors and controls the usage of electrical devises like lights, ACs, UPS etc. at its ATMs spread across the country. Also, YES BANK is the first bank in India to get the ISO 14001 certification for its accurate measurement and assessment of the Triple Bottom Line impact. The war on waste at the Bank is an initiative, under the EMP, to eliminate waste resulting from over-processing, overproduction and inventory. In moving forward, the bank has also adopted several internal practices and international guidelines to ensure this. These include; ?Decidedly moving away from the practice of exchanging gifts to an environment friendly gifting option ?Signing the Natural Capital Declaration, and ?Reporting – first Indian bank to come out with GRI checked Sustainability Report, and also first Indian bank to be on the Carbon Disclosure Leadership Index for three consecutive years
  • 19. Case Study: A Graphic Representation • Material gifting to environment friendlyplatform • To support United Nations Environment Programme’s (UNEP) billion tree campaign & World Wide Fund’s (WWF) Cities for Forests campaigns planted over 8000 trees & gifted over 2,500 e-certificates on behalfofstakeholders • An approximate offset of 154.48 tonsofcarbon Vision Mission Deliverables “YES BANK - Be the Benchmark Financial Institution for Sustainability” Link Sustainable Development with stakeholder value creation through innovative business solutions and services & Weave sustainability principles into YES BANK’s core business strategy and processes Deliver Positive socio-environmental Impact Enhance brand visibility and influence in sustainability space Responsible Banking Step towards being Carbon Neutral Insights, Learning & Success criteria Buy-in of internal stakeholders Innovation and Insistence Collaborative approach Business Case for Sustainability Enablers Financed emissions First Indian Bank to sign the Natural Capital Declaration External Reporting Carbon Disclosure Project (CDP) • YES BANK is the only Indian Bank to be in the Climate DisclosureLeadership Index (CDLI) for 3 consecutive years 19
  • 20. Business sustainability is a proactive approach towards ensuring a long- term viability and integrity of business through optimum utilisation and management of resources, reduction of environmental, energy or social impacts, without compromising on competitiveness or profitability. In the current era, however, pursuing a sustainable business model is a major challenge considering high degree of cost competitiveness amongst the companies. Imbibing sustainability in business requires companies to take bold steps to move beyond efficiency, beyond compliance – beyond just green – to a higher level of performance. In adopting it, the leaders are challenged to shift from seeking short-term return on investments to longer-term gains, making this change hard-sell to high- level decision-makers. Given this scenario, it is often believed that it is easy to talk about sustainability but absolutely difficult to practice sustainability in an industry. Jubilant Life Sciences, an integrated pharmaceutical and life sciences solution provider, believes that adoption of sustainability requires a bottom up approach, with each level and systems in an organisation being attuned to the agenda of sustainability. Jubilant emphasises on ensuring that the senior management and leaders are in consensus with regard to the sustainability challenges. At Jubilant, the path for sustainability is created by the founders and the senior management, where the emphasis is on action. It also ensures developing, maintaining, implementing & reviewing systems put in place for sustainable growth. At policy level, Jubilant has adopted not only the policy on sustainability but also other policies like green supply chain, non- discrimination, freedom of association, climate change mitigation and several other codes of conduct. Environmental Sustainability in the Chemical Sector Sustainability thrust areas of Jubilant Green Jubilant Safe Jubilant Responsible Jubilant Implement energy and water conservation measures, reduce waste generation and increase recycling and reuse of waste generated, switch over to renewable & cleaner fuels to reduce organisational carbon footprint. Create a safe working environment for all employees according to international standards and doing regular assessments and reviews of the same. Jubilant Bhartia Foundation (JBF), corporate social responsibility wing of Jubilant Bhartia Group, implements community initiatives focusing on education, livelihood, healthcare and social entrepreneurship. Ganesh Tripathy, Chief Sustainability Officer, Jubilant Life Sciences Limited Key sustainability initiatives ?Considering environment, occupational health and safety impact of its products at conceptual, design and Research and Development (R&D) stages ?Implementing stage gate process requiring all capex approvals to pass through environment, health and safety (EHS) and sustainability criteria in addition to financial, technical, process and other regular criteria ?Use cleaner and renewable fuel like biomass in boilers, biodiesel for steam generation and maximum use of waste heat from exothermic processes ?Use of common transport system and more use of telecommunication/video conference facilities to reduce employee travel and thus reduce Jubilant's carbon footprint ?Co- processing of hazardous waste in cement mills helping indirectly to preserve non-renewable natural resources like coal ?4.5 per cent of Jubilant's total energy comes from the renewable sources, while some of its plants use more than 30 per cent of its total energy consumption from renewable sources ?Reuse of treated effluent to reduce fresh water consumption, and ?Adopt new technologies to conserve energy and water 20 Reference: Please refer to the slides given in the next page
  • 21. Case Study: A Graphic Representation • Longtermbusinesssustainability • NationalandInternationaldevelopmentonclimatechangefront • Globalcustomerbase • Business opportunity through cost reduction and improving brandimage • Becomelesssensitivetoexternalenergypricefluctuation Top Leadership Commitment- Policy Framework Developing, Maintaining, Implementing & Reviewing Systems put in place for Sustainable Growth Work at Ground Level to derive greater results TopDownApproachforSustainable GrowthatJubilantLifeSciences ?Jubilant believes in Corporate philosophy of Sustainable Developmenti.e.Caring,Sharing,Growing. ?Sustainability at Jubilant is guided by several policies and principlessomeofwhichare: ?SustainabilityMission ?ClimateChangeMitigationPolicy ?Environment,Health&SafetyPolicy ?GreenSupplyChangePolicy ?Child LabourPolicy ?PolicyonForcedandCompulsoryLabour ?BriberyandCorruptionPolicy ?FreedomofAssociationPolicy ?NonDiscriminationPolicy ?WhistleBlowerPolicy •Energy & Water Conservation •Use of Cleaner Fuels •Reduction of carbon footprint •Reduction in waste production • Creating a Safe working environment for all employees • Following internationally prescribed safety standards • Regular assessments and reviews Jubilant Bhartia Foundation specializes in community initiatives and focuses on:- • Education, • Livelihood, • Healthcare, • Social Entrepreneurship Green Jubilant Safe Jubilant Responsible Jubilant ?Considering EHS aspect at decision and design stage ?EHS impact including performance evaluation at Capex stage for all business decisions ?EHS impact including energy performance assessment product development stage at R&D ?Cleaner fuel ?Use biomass in boilers at Samlaya and Ambarnath units ?Use of biodiesel in Nanjangud plant for process steam generation ?Use of Natural Gas instead of coal ?Use Waste Heat from Exothermic process ?Waste to Energy initiatives: ?Biogas from Distillery effluent ?Slop fired boiler from Distillery effluent ? Energy Conservation at all units & other efforts for climate changemitigationbydedicatedBusinessExcellenceteam Behavioralchange ?Encourageuse of commontransport system(e.g. shuttle service/ publictransport/company ?More use of telecommunication/ video conference to reduce employeetravelleadingtoreductioninGHGemission ?Otherinitiativestoreduceotherscarbonfootprint ?Co-processingofHazardousWasteincementmills ?Useofflyashincementmillandbrickkiln Conductcarbonfootprintingofselectedproducts ?The Company has conducted two life cycle based carbon footprint studies by E&Y in 2010-11 and 2011-12. The latest study was conducted on 15 key products of the Company using the cradle togateapproach. ? ? ?Self dependency in energy ?Reduction in pollution in surrounding community ?Reduction in Carbon footprint ?Reduction in Energy cost ?Improve in brand image 21 Carbon focused issues in Jubilant Sustainability at Jubilant - Approach Sustainability Policy Framework Sustainability at Jubilant- Thrust areas Key initiatives in Reducing Energy and Carbon Footprint by Jubilant Key initiatives in Reducing Energy and Carbon Footprint by Jubilant Learning from GHG reduction initiatives
  • 22. Reference: Please refer to the slides given in the next page Challenges to achieve environmental sustainability ManagerialTechnological Optimisation of production processes and resource use Top management involvement Managing leakage and fire hazards Efficient utilisation of water resources (large volume of water used during hydraulic fracturing) Participation of key stakeholders Energy efficient operations Incentivising sustainability initiative Mainstreaming sustainability in the organisation Design constraint of plant and machinery Employees participation in taking forward sustainability agenda Tapping unconventional gas sources & minimum impact on environment Setting and monitoring of targets to improve sustainability performance India is the fourth largest energy consumer in the world after the United States, China, and Russia. On one hand, the Oil and Gas sector accounts for 39 per cent of the country's primary needs, while on the other hand, it contributes 15 per cent of the India's GDP. The sector, being a primary energy provider, has a significant role in the national and global economic development. However at the same time, the Oil and Gas sector has a huge responsibility towards environmental sustainability. Issues in Oil and Gas Sector: • Energy Issue: High dependence on import poses a serious challenge to the aim of providing‘sustainable energy for all’; which is a primary requirement for development • GHG emissions: India's CO2 emissions from energy consumption is doubled, as country's energy intensity declines by 28 per cent by the year 2030 • Water: Fresh water plays an important role in upstream and downstream core processes in the industry, which exposes it to the risk of contamination. However, the levels of fresh water are receding rapidly. • Innovating through R & D: Optimise production and resource use, besides diversifying portfolios through enhanced investments in R&D. Nevertheless, a constraint in the resources- both financial and technological- is source of concern. If these issues are not dealt adequately, it could create a huge impact on environment with respect to the Oil and Gas sector. Significant innovations in GAIL to drive environmental sustainability GAIL has brought in considerable innovations to achieve environmental sustainability that include; ?Sustainability Aspirations 2020: To achieve environmental sustainability within the GAIL's structure, the organisation has set sustainability targets under the framework of 'Sustainability Aspirations 2020'. The target is to reduce GHG Emissions intensity by 33 per cent from 2010-11 levels. The targets are also set to achieve energy reduction of 5 per cent in specific energy consumption (petrochemical and liquid hydrocarbons (LHC) segment products) to achieve energy efficiency. Water consumption targets are set at Santanu Roy, General Manager - Corporate Planning, GAIL (India) Limited Environmental Sustainability in the Oil and Natural Gas Sector 45 per cent reduction keeping 2010- 11 as the base year. Target is also set to increase waste water recycling by 5 per cent keeping 2010-11 as the base year. Training and awareness programmes on sustainability is encouraged and all GAIL employees are given training on sustainability. ?Sustainability Governance: GAIL has appointed sub-committees headed by an Independent Director (ID) which looks into the aspects of sustainability in the governance of GAIL. ?Investments in Carbon Mitigation: Almost 50 per cent of R&D investment in carbon mitigation is ensured. Six out of twenty projects on ‘environment mitigation’are being floated by GAIL and substantial investments are envisaged in solar and wind energy programmes. 22
  • 23. Case Study: A Graphic Representation India China China USEUJapanIndia200219971992 20122007 600 400 -400 -200 200 0 MtCO2BtCO2 40 30 20 10 0 Impacts on Environment •Atmospheric Impacts •Aquatic Impacts • Terrestrial Impacts •Ecosystem Impacts •Human & socio- economic impacts Flaring, venting and combustion process • Improper disposal of effluents, oil spills and leakage •• Construction practices, improper disposal of solid waste •• Explosions fires, blow-outs ••• Conflicts between development and protection of natural resource, disturbance in land-use etc. Lessons Learnt Broadbasing- Sustainability is an umbrella concept Identifying our priority areas through Sustainability Performance tracking Importance of sensitizing sustainability among employees Participation from Stakeholders Data Management Success Criteria Collaboration with external agencies Top Management involvement Readiness to learn Target: 51.35 (t e/Cr)CO2 97.50 76.65 64.25 54.7 FY 09-10 FY 10-11 FY 11-12 FY 12-13 GHG Intensity (t e/Cr)CO2 Target: 230.86 m3/Cr 505.2 419.7 344.8 288.6 FY 09-10 FY 10-11 FY 11-12 FY 12-13 Water Consumption Intensity (m3/Cr) 43 45 38.5 45.7 FY 09-10 FY 10-11 FY 11-12 FY 12-13 Waste water recycled as % of WW generated Target: 50.23% 13.12 14.00 14.33 14.12 2009-10 2010-11 2011-12 2012-13 Specific Energy Consumption GJ/MT of LHC & PC product Target: 13.30 GJ/MT As on 31.03.13, approxima tely 30% employees have been covered in training on SD Aspects Shared during GAIL Strategy Review Meet We are not resting upon our laurels … The exercise for re-look is already on... Carbon based free lunch is over.. Identifying the Sustainability Issues Lessons learnt and Success Criteria Sustainability Aspirations 2020 23
  • 24. Environmental sustainability is a growing challenge for the real estate sector in India. On one hand, in the quest to achieve development in India, real estate and construction sector should be propelled in the right direction, on the other, the rising green house emission also needs to be checked. The buildings consume 40 per cent of the world's energy and are responsible for 50 per cent of all greenhouse emissions. India specific data is more discouraging. Currently, 2/3rd of India needs buildings, shelters, office blocks etc for the next 20 years. Thus, despite the efforts by the government, public sector, private sector and civil society towards environmental sustainability, the greenhouse emission levels are poised to rise. The main objective to achieve environmental sustainability is to reduce the carbon footprint in the real estate sector. However, there are some critical issues in the sector which need immediate attention. These issues are specifically related to construction material, consumption of energy, use of glasses in buildings. Hence, developers must pay attention on the following: • Appropriate selection of construction material • Emphasis on natural lighting • Building orientation and landscape, and • Promoting usage of Alternate Energy Environmental sustainability lies on four pillars. These pillars are energy management, water management, waste management & maintaining indoor air quality (IAQ). To achieve environment sustanability, it is imperative to strengthen these four pillars. Kamal Meattle, Chief Executive Officer, Paharpur Business Centre Environmental Sustainability in the Real Estate Sector 24 Major achievements of PBC Reduce the sanctioned MDI from 735 kVA to 350 kVA in the energy sector Saved 19,25,650 litres of water Improved the indoor air quality by having more oxygenated air and that resulted in energy savings of 30% ?There should be appropriate selection of construction material. ?Emphasisonusingmorenaturallightshouldbemade. ?Usageof'AlternateEnergy'shouldbepromoted. ?WaterHarvestingshouldbemadecompulsory,and ?Wasteshouldberecycledasmuchaspossible. Reference: Please refer to the slides given in the next page Paharpur Business Centre's (PBC) measures towards strengthening the pillars of environmental sustainability Light coloured tiles on the roof, light reflecting paints and cool wall paints are used to reduce the heat gain Collection and harvesting of rainwater from rooftop Plastic bottles are re-used to grow plants IAQ maintained as per ASHRAE and WHO Standards Energy Management Water Management Waste Management Maintaining indoor air quality White mesh and green reflective films are used to block direct sunlight Installation of waterless urinals and sensor taps in washrooms Waste segregation is followed ASHRAE recommends 20 CFM air per person but PBC maintains 4.7 CFM pp of fresh air load on system Pre-centrifuged diesel are used for all diesel generators Hydroponics culture is adopted for recirculation of water in plants Food waste is converted into organic manure through vermiculture Evaporative cooling is adopted to reduce the temperature of air entering the air conditioners Sky planters are placed to limit evaporation and dripping Paperless methodology is followed Key initiatives
  • 25. Case Study: A Graphic Representation 735 552 462 400 400 400 350 0 100 200 300 400 500 600 700 800 2006 2007 2008 2009 2010 2011 2012 Sanctioned kVA 2006-2012 Smallest Particulate Matter - goes to our lungs Central Pollution Control Board (CPCB) Standard for ambient air – 60µg/m3 USA – Environmental Protection Agency (EPA) Standard for ambient air – 35µg/m3 8:00pm PRITHVIRAJ ROAD – 3140µg/m3 1:00am FEROZESHAH ROAD - 7280µg/m3 Equivalent to Smoking 50 CIGARETTES in 1 Minute WHAT AIR DID YOU BREATHE? 3rdNovember,2013 DIWALIFESTIVAL ParticulateMatter2.5 SmallestParticulateMatter-goestoourlungs On3rdNovember,OTHERBUILDINGS-1210µg/m3 On3rdNovemberinPBC-79µg/m3 CPCB Standard for ambient air – 60µg/m3 USA – EPA Standard for ambient – 35µg/m3 On 3rd November, 2013: AMBIENT AIR – 1018µg/m3 Guideline for Indoor Air – 15µg/m3 On 3rd November, 2013: OTHER BUILDING - 1810µg/m3 With several Energy Efficient Practices, PBC has reduced its sanctioned MDI from 735 kVA to 350 kVA Particulate Matter 10 (PM10) Particulate Matter 2.5 (PM 2.5) PBC makes that Difference How PBC made that Difference…. PARAMETERS AVG. of other Buildings PBC % REDUCTION CO2, ppm 1067.5 488 55 PM10, µg/m3 689 24 97 PM2.5, µg/m3 492 14 97 VOC - Benzene, ppb 150 BDL 99.99 VOC - Acetaldehyde, ppb 3125 BDL 99.99 VOC - Acetone, ppb 800 BDL 99.99 VOC - Toluene, ppb 275 BDL 99.99 Aerobic Plate Count, cfu 153 26 83 Fungal Count, cfu 48 <1 99 25
  • 26. 26 Key Recommendations Chemical Sector Automotive Sector ?Evaluate the option of introducing CO based taxation, and2 ?Accelerate the adoption of electric vehicle (xEV) in India by providing financial incentives in the initial phase spanning five years. A significant reduction in the import tariffs of completely built electric & plug-in hybrid vehicles is strongly recommended to provide opportunity for automotive companies to demonstrate cutting edge electric technology and also create a market for future technology ?Emphasisonenvironment,occupationalhealthandsafetyimpactatconceptual,designandR&Dstages ?Use of cleaner and renewable fuel like biomass in boilers, biodiesel for steam generation and maximum useofwasteheatfromexothermicprocesses ?Co-processingofhazardouswastetopreservenon-renewablenaturalresourcessuchas,coal,and ?Reuseoftreatedeffluenttoreducefreshwaterconsumption Oil and Natural Gas Sector ?Optimise production and resource use, and diversifying portfolios through enhanced investments in R & D. ?Training and awareness programmes on sustainability among employees, and ?Investment to be made in carbon mitigation through promotion of solar and wind energy programmes Banking Sector ?Sustainability to be placed at the core of its business strategy ?The sustainability policy should ensure and work towards buy-in of internal stakeholders, innovation and insistence and collaborative approach among various stakeholders ?Promotion of investments in programmes aimed at carbon mitigation, and ?Adoption of carbon mitigation policies in internal functioning and external engagement Real Estate Sector ?Appropriate selection of construction material ?Construction design should ensure optimum use of natural light indoors ?Usage of‘Alternate Energy’ ?Implementation of water harvesting techniques in buildings, and ?Stress on waste recycle management through refuse, reduce, reuse & recycle of waste, paperless office, reuse of printed paper, recycling and reconstruction of broken furniture and discarding of e-waste through e-waste recyclers
  • 27. 27 Project & Report Lead Concept Lead Co-Organiser Special Thanks Expert Inputs and Round Table Moderation Report Compilation, Editing, and Coordination Transcription Print and Design Pooran Chandra Pandey, Executive Director, GCNI Vinod Pandey, Head, Government Affairs, BMW Group India BMW Group India Dr. Uddesh Kohli, Senior Adviser, UNGC, New York Philipp von Sahr, President, BMW Group India Frederika Meijer, Representative, United Nations Population Fund, India and Country Director, United Nations Population Fund, Bhutan Ashok Baran Chakraborty, Chief Sustainability Officer, Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, Government of India Bharat Wakhlu, Resident Director, Tata Services Limited Kamal Meattle, Chief Executive Officer, Paharpur Business Centre Santanu Roy, General Manager- Corporate Planning, GAIL (India) Limited Ganesh Tripathy, Chief Sustainability Officer, Jubilant Life Sciences Limited Srinath Komarina, Assistant Vice President, YES BANK Andreas Klugescheid, Vice President, Government Affairs, BMW Group Vishvesh Prabhakar, Managing Director India, Operations & Sustainability Services, Accenture Reshma Kulkarni, Consultant, Accenture Jhumki Dutta, Programme Coordinator, GCNI Yashsvi Chandra, Programme Associate, GCNI Parvinder Singh Chhabra, MBA Student, New Delhi Institute of Management (NDIM) Piyush Arora, MBA Student, New Delhi Institute of Management (NDIM) Litmus Communication Acknowledgements PHOTO CREDIT Page 5 © GCNI Photo Page 6 © GCNI Photo Page 8 © GCNI Photo Page 9 © GCNI Photo Page 10 © GCNI Photo Page 11 © GCNI Photo Page 12 © GCNI Photo Page 14 © GCNI Photo Page 16 © BMW AG Munich Page 17 © BMW AG Munich Page 18 © GCNI Photo Page 20 © GCNI Photo Page 22 © GCNI Photo Page 24 © GCNI Photo
  • 28. With its three brands, BMW, MINI and Rolls-Royce, the BMW Group has its sights set firmly on the premium sector of the Indian automotive market. Along with its automotive concerns, the BMW Group's activities in India comprise marketing of motorcycles, as well as financial services for its premium clientele. BMW Group in India The BMW Group is one of the most successful manufacturers of automotive sector and motorcycles in the world. Sustainability is firmly embedded in the BMW Group's culture and is an integral part of corporate strategy. In 2001, the BMW Group committed itself to the United Nations Environment Program, the UN Global Compact and the Cleaner Production Declaration. The BMW Group was ranked industry leader in the Dow Jones Sustainability Indexes for the years 2005-2012. To learn more about how the BMW Group thinks and acts in a sustainable manner, please visit www.bmwgroup.com/svr The BMW Group Global Compact Network India was formed in November 2003 and was registered as a non-profit society to function as the Indian local network of the UN Global Compact programme. It is the first local network in the world to be established with full legal recognition. Global Compact Network India (GCNI) is a country level platform for businesses, civil organisations, public sector and aids in aligning stakeholders’practices towards the Ten Universally Accepted Principles of UNGC in the areas of Human Rights, Labour, Environment and Anti – corruption. At present, the India network ranks among the top, out of the 102 local networks in the world, and has emerged as the largest corporate citizenship and social responsibility organisation in the country with a pan India membership of 173 organisations, that have strengthened their commitment to the UN's Global Compact Principles by becoming proud signatories of the local network, GCNI. For further information, please visit www.globalcompact.in Global Compact Network India Copyright © 2014 Global Compact Network India Office Scope Complex, Core 5, 6th Floor (ONGC) Office, 7 Institutional Area Lodhi Road, New Delhi - 110003 Email: gcnindia@gmail.com This publication is intended strictly for learning purposes. The inclusion of company names and/or examples does not constitute an endorsement of the individual companies by the Global Compact Network India Office. The material in this publication may be quoted and used provided there is proper attribution. Disclaimer