The last date to nominate companies that have successfully
managed to integrate sustainability into their business is
March 31, 2021
MUMBAI, India, March 1, 2021 /PRNewswire/ -- Frost &
Sullivan and The Energy and Resources Institute (TERI) will
jointly host the 12th edition of 'Sustainability 4.0
Awards', virtually on August 20,
2021, to recognize the efforts of companies in India that have successfully integrated
sustainability into their business and investment decisions. The
awards aim to recognize organizations that have been able to
fast-track their sustainability strategies even during the pandemic
and strive for excellence in sustainable development.
Companies interested in participating in this edition of the
awards can submit their nominations on or before March 31st, 2021. Please download the
application form here: http://frost.ly/59v. For any queries or
clarification, please reach out to Vivekananda Bhat at VivekanandaB@frost.com,
with your full name, company name, title, telephone number, and
company e-mail address.
Sarwant Singh, Managing Partner and Regional Leader for
Middle East and South Asia at Frost & Sullivan, hopes that
the awards will encourage more companies to embrace a structured
sustainability program. "As digitalization and sustainability merge
into two of the most powerful market influencers in today's
corporate landscape, the Sustainability 4.0 awards program will
evaluate how organizations are interweaving their digitalization
initiatives with the sustainability strategies, and provide them
with a better understanding of what they need to do to be
future-ready", he said. "Sustainability is an essential tool for
long-term value creation for stakeholders. Our partnership with
TERI has provided the right impetus to this commitment as we
continue to leverage this partnership for increased adoption of
sustainability practices in business", he added.
Speaking about the impact of COVID-19 on sustainability, Dr.
Ajay Mathur, Director General at
TERI, said, "What we have seen is that companies that are
sustainable also create more value because they use fewer
resources, minimize waste, and consequently overall, they are
better corporate citizens. As we move ahead, we are looking at
companies that are pushing their profits and minimizing their waste
management, we are looking at companies that use sustainability as
a tool to enhance their performance."
Sustainability 4.0 Awards emphasizes the four pillars of
sustainability - Purpose, Partnership, Planet, and People.
These elements are sector-agnostic and are the foundation of any
organization's sustainability agenda. The highest-scoring, top two
companies of the year will be recognized with Super Achievers
Award: 'Sustainable Business of the Year' and
'Sustainable Business of the Year – 1st Runner-up' Award,
respectively. This year's awards will also include –Safety
Excellence Awards, the Jury Special Mention Award, the Renewable
Energy Consumption Index, and Sustainability Analytics.
The Safety Excellence Awards recognize organizations
across five key criteria - safety management, process safety,
equipment safety, behavioral safety, and occupational health. The
Jury Special Mention Award will be conferred to programs
that are best-in-class, scalable, and replicable across industry
verticals. The Renewable Energy Consumption Index aims to
recognize the industry's transition to RE while aligning with
India's commitments under the
Paris Agreement. Sustainability Analytics will evaluate how
companies are effectively using analytics in their sustainability
management in three aspects: Effective Data Collection, Usage of
Smart Analytical Tools, and End-to-End Visibility in the value
chain.
About Frost & Sullivan
For six decades, Frost
& Sullivan has been world-renowned for its role in helping
investors, corporate leaders, and governments navigate economic
changes and identify disruptive technologies, Mega Trends, new
business models, and companies to action, resulting in a continuous
flow of growth opportunities to drive future success. Contact us:
Start the discussion.
About TERI
The Energy and Resources Institute (TERI)
is a leading think tank dedicated to conducting research for the
sustainable development of India
and the Global South. TERI was established in 1974 as an
information center on energy issues. However, over the following
decades, it made a mark as a research institute, whose policy and
technology solutions transformed people's lives and the
environment. TERI's key focus lies in promoting clean energy, water
management, pollution management, sustainable agriculture, and
climate resilience. TERI's Council for Business Sustainability
connects its research work with the corporate sector. The Council
guides the Indian corporates to frame and implement their
sustainability agenda.
Media Contacts:
For Frost & Sullivan:
Priya George, Corporate
Communications – South Asia
E: priyag@frost.com
For TERI:
Aditya Singh Raghwa,
P: +91 1124682100
E: aditya.raghwa@teri.res.in
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