Collaborative innovation - central tenet of business sustainability at the 4th SBLF Summit

 
NEHRU PLACE, India - Oct. 18, 2014 - PRLog -- Over 250 sustainability leaders driving Indian businesses converged in New Delhi on October 16th at the Annual Summit of the Sustainable Business Leadership Forum, the country’s leading industry event on Resource sustainability discourse. The theme for 2014 “Creating Shared Value through Collaborative Innovation” provided the requisite color to the resource sustainability initiatives being undertaken by India Inc.

The Summit featuring several key figures from the country’s policy and business circles deliberated on the challenge of infusing longevity and innovation in collaborative corporate efforts on sustainability.

Settingthe stage for the Summit in the morning plenary, Shri Narendra Taneja, National Convener, Energy Cell, BJP said, “There is a need for collaboration along with decentralized empowerment to drive sustainability in India. Nations are built on institutions not GDP and the onus is on us as consumers as well as businesses to create the India that we want to shape by 2040”.

The Summit shaped conversation on five key themes a) resource efficiency in manufacturing processes and operations b) transitions towards creating sustainable cities c) disclosure around Environment, Social and Governance Parameters to create transparency d) new age urban ecosystems e) water as a business risk.

Some of the key speakers included Suresh Prabhu, Former Union Minister for Environment; Shri K C Mehra, Chairman SKF Bearings; Shri Deepak Gupta, Former Secretary MNRE and Dr. Rajendra Shende, Chair of TERRE Policy center amongst others. Several speakers highlighted that the Sustainability sandbox has a big human component: driving behavior through change in DNA.

The theme reverberated through deliberations at several sessions - the need to collaborate across range of issues related to skills and resources, both within and beyond an organization’s own operations, was echoed as a key priority area.

Speaking on the occasion, Sh. Suresh Prabhu said “Pride in one’s self, one’s work and one’s country is the need of the hour. Indian businesses should not only change to adopt efficiency measures in their operations but also to take sustainability to the next level and focus on creating sustainable products.

Sh. Suresh Prabhu was also felicitated as India’s Sustainability Evangelist for his dynamic leadership on the policy front in catalyzing several key initiatives influencing and impacting the resource priorities of the country.

CXOs of several leading corporates like Mahindra and Mahindra, Jubilant Lifesciences, Indian Oil, Tata Power, Schneider Electric, Carrier, Coca Cola, Olam and many others shared insights into their sustainability initiatives as also challenges they face in extending these to stakeholders in their value chains and the overall operating ecosystem.

The Summit also featured the release of ‘Sustainability scorecard of India Inc.’ as well as a new tool for evaluating Water as a Business Risk. The day’s proceedings included a showcase of more than 30 select Parivartan Sustainability Leadership Awards finalists. Announced at the evening plenary of the Summit, the 2014 Annual Parivartan Sustainability Leadership Awards (http://www.ParivartanAwards.in) aimed at recognizing innovation and corporate leadership in sustainability, unveiled truly unique initiatives to transition toward sustainable manufacturing, infrastructure, energy management and closed loop businesses systems, amongst others.

Industry leaders such as ITC, Kirloskar Oil Engines, Scheider Electric and upcoming innovative solution providers such as Skyshade, Maven Systems and SepraTECH were amongst the 20 large and small Indian corporates that were felicitated as the winners of the Parivartan Sustainability Leadership Awards for 2014.

Speaking at the awards event on behalf of the Organizing Committee, Upendra Bhatt and Pawan Mehra, Managing Directors of cKinetics stated, "We are extremely enthused to see the industry response to the fourth edition of the Sustainable Business Leadership Forum Annual Summit and the support for the Parivartan Sustainability Leadership Awards. It is heartening to see businesses converging to discuss collaborative pathways for sustainability”.

About the Organizer: Sustainability Outlook

Sustainability Outlook is a market access, insight and collaboration platform tracking actions related towards Sustainability in the Indian economy. It proactively promotes dialogue and collates data to enable action by local, regional as well as global practitioners. Sustainability Outlook provides (a) in-depth business and policy analyses (b) updates on the market participants and latest trends on sustainability initiatives and (c) expert inputs on resource reduction and other abatement as well as adaptation measures being undertaken. It was launched at the Clinton Global Initiative in 2009 and is a division of cKinetics.

http://www.SustainabilityOutlook.in

About the Sustainable Business Leadership Forum
Sustainable Business Leadership Forum (SBLF) is an invitation-only Indian industry focused market development platform which  equips organizations, managers and industry stakeholders on the ‘how’ of sustainability through a unique programmatic approach comprising of round the year programs and ‘on-ground industry oriented’ work.

http://SBLF.SustainabilityOutlook.in

About Parivartan Sustainability Leadership Awards

http://www.ParivartanAwards.in

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