Press Release/ Frost & Sullivan and TERI’s Sustainability 4.0 Awards 2021 Honor Companies Embedding Sustainability with Economic… – Marketing / Newswire / PR – Frost & Sullivan

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The 12th version of Frost & Sullivan and The Energy and Resources Institute (TERI)’s Sustainability 4. Awards took put just about on Jan. 12, 2022. The awards regarded corporations embedding sustainability with financial price creation, therefore creating price for all stakeholders, building a safer setting, and ensuring a stronger community. This year’s awards were being presented to 19 firms throughout 6 significant types: Sustainable Company of the 12 months Award, Sustainable Manufacturing unit of the Calendar year Award, Protection Excellence Award, Leaders Award, Challengers Award, and the Jury Exclusive Mention Award.

Dr. Reddy’s Laboratories Constrained, Hyderabad been given the Sustainable Company of the Yr Award, when Hindustan Unilever Ltd, Pondicherry HPC Manufacturing facility took property the Sustainable Manufacturing unit of the Yr Award. The evening’s other significant winner was Toyota Kirloskar Motor Pvt Ltd, Bidadi, which acquired the Basic safety Excellence Award.

This year’s Jury Specific Point out Award went to IIFL House Finance Ltd, Gurgaon for its initiative “Kutumb,” Rehau Polymers Non-public Confined, Pune for its initiative “UPCYCLE95,” and Welspun India Restricted, Mumbai for “30 MLD Sewage Therapy Plant to Recycle and Reuse Domestic Sewage.”

The Sustainability 4. Awards program highlights the need for linkages among an organization’s method, governance and economical overall performance and the social, environmental, and financial context inside of which it operates. This program permits organizations to make extra reasonable and sustainable choices that assure extensive-term stakeholder price. It emphasizes the 4 pillars of sustainability: objective, partnership, earth, and folks.

Rahul Sharma, Director and World-wide Head, Production & Procedure Consulting Follow, Frost & Sullivan, explained,“Frost & Sullivan and TERI’s Sustainability 4. Awards abide by an assessment methodology which is market-demonstrated and provides insights to the taking part businesses to enhance on their procedures and programs from a sustainability standpoint. The insights are generally in 4Ps (function, people today, partnership and planet), sustainability analytics (interweaving sustainability and info & analytics), and renewable strength consumption index. The organizations which fared properly in all of these parameters arrived out winners, and I would like to congratulate the winners of the 2021 edition of this award application.”

Dr. Vibha Dhawan, Director Basic of TERI, said,“As India rebounds from the COVID-19 pandemic, we cannot afford to ignore the adverse impacts of climate alter and the menace it poses towards the country’s long run growth. Shorter-expression profitability has to be nurtured alongside one another with the long-phrase sustainability for recovering from the pandemic today as nicely as to set us onto the route of a very low-carbon upcoming in a 2050 timeline.”

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Dr. Dhawan included,“Businesses mirror the modifying values and shifting economics, which the entire world is at this time witnessing, by concentrating on source performance and clear power. As corporations have out these initiatives, we need to make sure that others master about them and the first-movers become the pioneers to inspire motion by numerous. This matches with the ethos of our partnership with Frost & Sullivan. We aspire to have a more substantial quantity of firms in the place relocating to structured sustainability plans.”

Ajay Shankar, Chairperson, Jury Particular Mention Awards Previous Secretary, DIPP, Governing administration of India and Distinguished Fellow, TERI, stated,“The Unique Point out Awards and the approach stand for a fundamental transformation to a really sustainable overall economy and modern society, taking spot across the entire world. The Jury Panel was amazed by the frame of mind that is emerging throughout the businesses the precedence that the administration is providing to heading back again to the fundamentals, to rethinking how their enterprises must be run, to how they can make the transition speedily to a sustainable foreseeable future. India is on the cusp of a main transformation towards sustainability. India becoming a producing country, the Indian sector has the chance of applying the late-mover advantage to leapfrog to the world-wide frontiers as leaders in the transition to sustainability.”

Recipients of the Sustainability 4. Awards 2021
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S. No. Award Titles & Group

Award Winners

Super Achievers Award

1 Sustainable Company of the 12 months Award – Dr. Reddy’s Laboratories Minimal, Hyderabad
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2 Sustainable Corporate of the Yr Award 1st Runner-up – Genpact India Pvt Constrained, Gurgaon
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3 Sustainable Corporate of the Year Award 1st Runner-up – Hindalco Industries Constrained, Mumbai
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4 Sustainable Manufacturing unit of the 12 months Award – Hindustan Unilever Ltd, Pondicherry HPC Manufacturing unit

Leaders Award

5 Leaders Award Mega Large Enterprise, Process Sector – Cairn Oil & Gas, Vedanta Confined, Gurugram
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6 Leaders Award Mega Massive Organization, System Sector – Ultratech Cement, Mumbai
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7 Leaders Award Mega Huge Small business, Automotive Sector – Toyota Kirloskar Motor Pvt Ltd, Bidadi
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8 Leaders Award Mega Big Business enterprise, Automotive Sector – Hyundai Motor India Restricted, Chennai
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9 Leaders Award Substantial Organization, System Sector – Henkel Adhesive Technologies India Private Constrained, Navi Mumbai
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10 Leaders Award Substantial Small business, System Sector – UPL Minimal, Unit- 02, Ankleshwar

Challengers Award

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11 Challengers Award Mega Massive Business, Automotive Sector – Skoda Automobile Volkswagen India Pvt Ltd, Chakan
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12 Challengers Award 1st Runner-up, Mega Substantial Business enterprise, Automotive Sector – Royal Enfield (A Unit of Eicher Motors Restricted), Oragadam
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13 Challengers Award Mega Large Enterprise, Pharma Sector – Cipla Confined, Mumbai
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14 Challengers Award Mega Substantial Organization, Procedure Sector – Welspun India Minimal, Mumbai
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15 Challengers Award Mega Massive Enterprise, System Sector – Shree Cement Confined, Beawar
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16 Challengers Award 1st Runner-up, Mega Big Small business, Approach Sector – GHCL Minimal, Sutrapada
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17 Challengers Award 1st Runner-up, Mega Big Company, Metals Sector – JSW Metal Restricted, Mumbai
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18 Challengers Award Substantial Organization, Procedure Sector – UPL Confined, Device-, Vapi
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19 Challengers Award Medium Business enterprise, Course of action Sector – UPL Limited, Device-04, Halol

Jury Distinctive Mention Award

20 Jury Distinctive Point out Award Winner – IIFL Household Finance Ltd, Gurgaon
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21 Jury Unique Point out Award Winner – Rehau Polymers Non-public Limited, Pune
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22 Jury Special Point out Award Winner – Welspun India Restricted, Mumbai

Safety Excellence Award

23 Security Excellence Award Winner – Toyota Kirloskar Motor Pvt Ltd, Bidadi

About Frost & Sullivan
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For above six a long time, Frost & Sullivan (frost.com) has helped construct sustainable expansion approaches for Fortune 1000 providers, governments, and traders. We use actionable insights to navigate economic modifications, establish disruptive systems, and formulate new small business styles to create a stream of impressive expansion prospects that generate long term achievement. Contact us: Get started the discussion.

About TERI
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The Strength and Means Institute (teri.res.in) is an unbiased, multi-dimensional investigation business with abilities in coverage investigate, engineering enhancement, and implementation. Headquartered in New Delhi, TERI has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary crew of researchers, sociologists, economists, engineers, administrative professionals and condition-of-the-art infrastructure. The TERI Council for Small business Sustainability serves as the interface for its research work to be related to the corporate globe. Established up by TERI to acknowledge and promote sustainability leadership practices, the Council is a network of Indian small business leaders operating on a shared commitment to mainstream sustainability in organization approaches and methods. To know a lot more join with us.

TERI Media Contacts:
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P Anima, Media and Communications Guide
E: animap[.]teri.res.in.

Sumit Bansal, Venture Coordinator
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P: +91 11 24682100 – E: sumit.bansal[.]teri.res.in.

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