Monday, October 15, 2018

More Indian companies adopt 'green' business practices

This article talks about the 'GreenCo' rating which was initiated by the CII based on their environmental performance. 

Cement companies such as ACC and Vasavadatta develop sustainable technologies in manufacturing, and real estate firm DLF ensuring some of its properties adhere to high standards of energy efficiency. In other sectors, Hindustan Unilever is aiming to cut carbon emission by 22%, Pune-based Kirloskar Brothers is marketing a line of highly energy-efficient pumps, while in Jaipur UltraTech Cement helps burn 100 tonnes of municipal waste at its waste treatment plant every day.

To encourage this Green Movement, the Ministry of Power and the Bureau of Energy Efficiency have come up with a Perform, Achieve and Trade (PAT) programme for big energy consumers. The government has identified 478 companies that together consume 75% of industrial energy and given them targets to reduce energy consumption over a period of 3 years.

The parameters considered before giving this GreenCo rating include energy efficiency, water conservation, use of renewable energy and waste management etc.

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