Tuesday, May 20, 2014

BWI: Sustainability - Strategic Intervention Across the Value Chain is a Must for Success Stories – notes Frost & Sullivan

 
Source : Frost & Sullivan
Tuesday, May 20, 2014 2:23PM IST (8:53AM GMT)
 
Sustainability - Strategic Intervention Across the Value Chain is a Must for Success Stories – notes Frost & Sullivan
At its annual Green Manufacturing and Excellence Awards and Summit
 
Mumbai, Maharashtra, India

Frost & Sullivan, recently concluded its 5th edition of the 'Green Manufacturing Excellence Awards and Summit (GMEA&S)’ at The Leela, Mumbai.  GMEA through this mission lays emphasis on identifying long-term sustainability risks, and an organizational approach to address these issues. Various metrics ranging from sustainable strategy to safety systems, from environmental management to social accountability, are tracked through this platform.
 
The day started with the Green Manufacturing Excellence Summit where organizations that have worked on their sustainability journey gathered under one roof. Best practices from companies across industries that participated in the award platform were shared by notable industry stalwarts that play an integral role in the field of sustainability in India. The focus through the day was on aligning sustainability initiatives with the business model and creating sustainable “smart” business models. The common message brought to the fore by these companies was that to create success stories it is imperative that financial inclusion be one of the cornerstones of the language of sustainability. 
 
Nitin Kalothia, Director, Manufacturing and Process Consulting, reiterated this in his keynote address. He highlighted that, “during the assessments for GMEA the key finding has been that sustainability for most companies have been initiative driven. The focus areas for these companies have been energy management, material, and products, which, directly impact the bottom line of the company. There needs to be a shift in this concept as the low hanging fruits that come with an initiative based approach would soon dry out. The shift has to be toward considering sustainable “smart” business models that integrate each of the requirements be it resources, waste, energy, supply chain, into the long-term planning and vision of the organization”.
 
This year also saw the introduction of the Safety Excellence Model that took companies through a detailed safety assessment built on five broad parameters (Safety Management Systems, Process Safety, Equipment Safety, Employee Safety, and Occupational Health). These five parameters were further divided into sub-parameters that evaluate and map their journey from a reactive to a proactive safety approach. A detailed feedback on the maturity of a company’s safety system was shared in addition to the GMEA report. The highest scoring companies were recognized for ‘Excellence in Safety’ during the 2014 Green Manufacturing Excellence Awards banquet.
 
Frost & Sullivan strongly emphasizes that corporates need to take a deeper look at what sustainability means to them. The approach to sustainability needs to start at the drawing board with their Vision and Mission. Companies that have been successful in this have reaped tremendous benefits, not the least – the goodwill of its stakeholders. Some presentations that showcased this have been by Mahindra & Mahindra, ITC Ltd., United Breweries, Hindustan Zinc, and ACC Limited and the topics covered ranged from Sustainability- Business Case to Biodiversity and Organizational impact.
 
The Believers, Challengers, Leaders and Best of Green Manufacturing Excellence Awards 2014 are: 
 

Recipients of the 2014 Green Manufacturing Excellence Awards
Overall Leader Award
Company Name Facility location Award
ITC Limited Bengaluru Overall Leader Award
ACC Limited - Lakheri Cement Works Lakheri Overall Leader Award- 1st Runner Up
Leaders Award
Company Name Facility location Award
Mahindra & Mahindra Limited - Farm Equipment Sector Nagpur Leaders Award - Mega Large Business
Ericsson India Private Limited Jaipur Leaders Award - Mega Large Business
Aquagel Chemicals Private Limited Gandhidham Leaders Award - Large Business
Challengers Award
Company Name Facility location Award
Hindustan Zinc Limited - Chanderiya Lead Zinc Smelter Chanderiya Challengers Award - Mega Large Business
Mahindra & Mahindra Limited - Farm Equipment Sector Kandivali Challengers Award - Mega Large Business
JSW Steel Limited Vijayanagar Challengers Award - Mega Large Business
Sesa Sterlite Limited Jharsuguda Challengers Award - Mega Large Business
ACC Limited, Chanda Cement Works Chandrapur Challengers Award - Large Business
ACC Limited - Wadi Cement Works, Plant II Wadi Challengers Award - Large Business
UPL Limited - Unit 2 Ankleshwar Challengers Award - Large Business
UPL Limited - Unit 5 Jhagadia Challengers Award - Large Business
PI Industries Limited Panoli Challengers Award - Large Business
United Breweries Limited Golconda Challengers Award - Medium Business
UltraTech Cement Limited - Reddipalayam Cement Works Ariyalur Challengers Award - Medium Business
Believers Award
Company Name Facility location Award
BPCL - Kochi Refinery Ambalamugal Believers Award - Mega Large Business
Sesa Sterlite Limited Lanjigarh Believers Award - Large Business
Asian Paints Limited Ankleshwar Believers Award - Large Business
Sentiss Pharma Pvt. Limited Nalagarh Believers Award - Medium Business
USV Limited - Unit II Jharmajri Believers Award - Medium Business
Challengers - Certificate of Merit
Company Name Facility location Certificate Of Merit
UPL Limited - Unit 1 Ankleshwar Certificate of Merit - Challengers Category
Jindal Steel & Power Limited Barbil Certificate of Merit - Challengers Category
ACC Limited - Tikaria Cement Works Tikaria Certificate of Merit - Challengers Category
ACC Limited - Sindri Cement Works Sindri Certificate of Merit - Challengers Category
Believers - Certificate of Merit
Company Name Facility location Certificate Of Merit
Welspun India Limited Anjar Certificate of Merit - Believers Category
Raymond UCO Denim Private Limited Yavatmal Certificate of Merit - Believers Category
Piramal Enterprises Limited Digwal Certificate of Merit - Believers Category
Finolex Industries Limited Golap Certificate of Merit - Believers Category

Frost & Sullivan’s “2014 Safety Excellence Award” Recipients
 
Safety Excellence Award
Company Name Facility location Award
ACC Limited - Lakheri Cement Works Lakheri Safety Excellence Award - Overall Winner
ACC Limited - Wadi Cement Works, Plant II Wadi Safety Excellence Award - 1st Runner Up
Sesa Sterlite Limited Jharsuguda Safety Excellence Award - 2nd Runner Up
Safety Excellence - Certificate of Merit
Company Name Facility location Certificate Of Merit
Ericsson India Private Limited Jaipur Certificate of Merit - Safety Excellence
PI Industries Limited Panoli Certificate of Merit - Safety Excellence
USV Limited - Unit II Jharmajri Certificate of Merit - Safety Excellence


Business Standard was the National Newspaper Partner. Other Media Partners who supported this event were – Autocar Professional, Chemical Weekly, Communications Today, Construction Business Today, Efficient Manufacturing, Infrastructure Today, Minerals and Metals Review and Process India.  
 
To know more about Green Manufacturing Excellence Awards and its methodology, please log on to http://www.frost.com/gmea
 
To participate in Green Manufacturing Excellence Awards 2015 or know more about the summit, please send an e-mail to Ravinder Kaur/Akshata Mhatre, Corporate Communications, at ravinder.kaur@frost.com / akshatam@frost.com or write to us at gmea2014@frost.com with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. 

About Frost & Sullivan
 
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion
 

 
Media Contact Details

Ravinder Kaur, Corporate Communications – South Asia Frost & Sullivan, ,+91-9940141714 ,+91 (44) 66814080 , ravinder.kaur@frost.com

Akshata Mhatre, Corporate Communications – South Asia Frost & Sullivan, ,+91-9867873010 ,+91 (22) 66072029 , akshatam@frost.com

Nimisha Iyer, Corporate Communications – South Asia, Middle East & North Africa Frost & Sullivan, ,+91-9820050519 ,+91 (22) 66072004 , niyer@frost.com

 

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