Mainstreaming Sustainability in Business
Planning & Practices
 
Newsletter | October 2018
 
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  TERI Views
 
Editorial by Arupendra Nath Mullick, Vice President - TERI CBS
 
 
It is an opportune time for us to connect with you on our choices – that we will make for tomorrow. Unveiled last week in South Korea, the IPCC Special Report highlights different mitigation pathways that are in line with meeting the 1.5°C goal and they all assume substantial demand-side mitigation, and behavioural and lifestyle changes to be able to limit warming to 1.5°C. This poses significant risks and opportunities for businesses operating in India, as our economy remains closely linked to the natural resource base.

Our Council for Business Sustainability serves as the interface for our research work to be connected to the corporate world and enables a two-way communication and engagement. TERI CBS engages with the core issue of what businesses must do to shape and lead in sustainability.

Your active participation and continued support motivates us to remain abreast to the latest developments in the field of sustainability while enable the transition of our know-how to show-how projects for our Council members.

We are delighted to have received constructive inputs on our future areas of work from the Chief Sustainability Officers of Indian companies from within our Council. We hope that our first knowledge report on Sustainability Super Trends 2018 and the series of Thought Leadership Webinar series continues to enrich your sustainability journey.

Our choices for tomorrow should take cognizance of the changing environment and actions by peers – which is captured in our second newsletter for FY 18-19. We look forward to your suggestions and opinions.

 
 
A Tomorrow unlike Yesterday: Transitions in the Energy Sector in India
 
 
Arupendra Nath Mullick, Vice President - TERI CBS reflects on ETC India and its impact
 
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  Upcoming Event highlights
 
 
16
Nov | New Delhi
  Meeting of TERI CBS Directors Forum on Sustainability
 
 
 
  For further details
on planned CBS engagements please click here
 
 
  Around the World in Sustainable Development
 
Sea water microplastic in popular salt brands, reveals IIT-B study
Most table salts sold in India are likely to contain microplastics from polluted sea water, a first-of-its-kind study for the country by the Indian Institute of Technology-Bombay (IIT-B) has revealed.
 
 
KKR set to buy controlling stake in Ramky Enviro for USD 530 million
US buyout giant KKR has agreed to buy a 60% stake in Hyderabad-based Ramky Enviro Engineers, a waste management company, for about $530 million.
 
 
Mahindra Group to go carbon neural by 2040
Mahindra Group has pledged to go carbon neutral by 2040. This was stated by chairman, Anand Mahindra at the Global Climate Action Summit that is currently underway at San Francisco.
 
 
In managing water, Surat takes the lead
From March 2019, the Surat Municipal Corporation (SMC) will be supplying 115 MLD (million litres per day) treated water to industries located within the city, in order to meet the entire industrial requirement of water through treated or recycled water.
 
 
'We want to extract gold from e-waste'
E-waste is growing by leaps and bounds in India with the advent of electronic gadgets, mobile phones and increased consumption of white goods. At the same time, the recyling of this waste is becoming a big challenge. Bengaluru-based Cerebra Integrated Technologies has taken a giant step in recycling e-waste in a scientific manner.
 
 
Global green certification for Infosys Mysuru campus
A release said Infosys now has 18.25 million sq ft of the highest rated green buildings — out of which 16.9 million sq ft. are LEED Platinum rated and 1.35 million sq ft. GRIHA 5-star (Green Rating for Integrated Habitat Assessment) rated buildings.
 
 
  Highlights from Past Events
 
 
Webinar on 'Valuation of Natural Capital in the context of Indian Businesses'
 
Natural capital valuation demonstrates where and how investing in natural capital, such as water regulation and purification and natural hazard regulation, can generate considerable cost savings and avoided expenditures. It can also help companies get a better picture of what their assets are worth and points to opportunities for generating more income or earning a better return from such assets.
 
 
Webinar on 'Circular Economy An Opportunity for Indian Businesses'
 
The concept of Circular Economy has gained an increasing priority on corporate strategic considerations. It aims to recognise value of the generated waste by bringing them again in the system, maintaining products for longer and using from one product to maintain another. It also reduces the risk of supply and price changes, lowering the cost of products, and can create new jobs in areas like reverse logistics; while maintaining the resource balance.
 
 
Meeting of TERI-CBS Chief Sustainability Officers (CSO) Forum
 
The meeting had two sessions - Knowledge sessions which provided insights on emerging trends and global developments on sustainability; Action and consultation sessions which provided access to tools, methodologies and practices for the Sustainability Officers.
 
 
  IN-FOCUS
 
 
Sustainability Trends 2018
The TERI CBS report captures the Sustainability Super Trends of 2018 that - CEOs, Business Heads, Chief Sustainability Officers and/or such designated officers leading sustainability function - should be cognizant about. These trends become vital while shaping sustainability roadmaps and materiality evaluation for Indian companies.
 
 
  Publications
 
  Discussion paper: Challenges and opportunities - plastic waste management In India
The Discussion Paper, released by the Ministry of Environment, Forests and Climate Change on World Environment day 2018, lays out the challenges and opportunities in terms of collection, segregation and recycling of plastic waste in order to waste proof the future.
 
 
  A-Z of Sustainability
TERI Council for Business Sustainability engages with the core issue of what businesses must do to shape and lead in sustainability. "A-Z of Sustainability" is one of our endeavours in this direction to provide a repository of words and phrases - comprising a range of environmental, social and economic topics - that could be useful and contemporary and useful for sustainability professionals.