The Clout of Sustainability Awards in the Corporate Sector
by Jenica Carly SEO, SEM, PPC, Enthusiast & WriterThe greatest challenge of the 21st century is to raise people
everywhere to a decent standard of living while preserving much of the rest of
life as possible – Edward O Wilson
India is adapting the sustainable pattern of living and the
Government has played an important part in launching the right kind of
initiatives for the same. There is also a lot of help from NGO’s, nonprofit
organizations and from the corporate sector to bring about these changes. Most
of these companies follow the corporate social responsibility (CSR) module and
engage in social service and philanthropic activities.
Role of Corporate Social Responsibility in
India
The Corporate sector has always been a
forerunner when it comes to social responsibility initiatives. Whether it is
educational or healthcare initiatives or the Corporate Social Responsibility
(CSR) Initiatives; the corporate sector has made a significant contribution in
the progress of the Indian society. The CSR in India and around the world work
as per the law of the land and follow the ethical guidelines of the region.
The good thing is many businesses in
India are following the basic principles of CSR. Along with following ethical
business practices, these companies also participate in various social service
activities, with an aim of doing welfare in the society. CSR doesn’t focus working
with an economic interest for the company. Its main focus are working towards a
sustainable environment, sustainable society and forming a sustainable economy
Recognizing the CSR Efforts
There are several attempts to honor and recognize the contribution
of the CSR in India. A lot of awards and recognitions are rolled out under the
Corporate Responsibility initiatives for identifying the different projects
under the CSR. The most important acknowledgment in this field are the
sustainability awards that recognise the work and progress made by different
companies in rolling out sustainable initiatives in planning, manufacturing, infrastructure
and the energy management within the company.
Here are some of the well known awards for excellence in
sustainability for CSR
·
Parivartan Sustainability Leadership Awards
·
Gunnerus Sustainability Awards
·
Confederation of India Industries (CII) ITC
Center for Excellence
·
Cognito Awards
There are a few sustainability awards
that recognise the contribution on a broader scale and are not limited for the
companies within the country. These are international awards in sustainable
business and some of the most respected in the category are as follows
·
Dow Jones Sustainability Indices
·
Robeco Sam Sustainability Award
·
Greenest Global
·
Green Peace
·
Cool It Leaderboard
·
Carbon Disclosure Project
·
Sustainable Plus Platinum
·
Singapore Human Capital Summit
·
World’s Most Ethical Companies
Any company that gets recognized with
any of the above awards adds a lot of value to the company. The company gets
recognized for their work and contribution to the society, which gets added as
the brand value of the company. It also gives the company worldwide recognition
and helps to build the USP of the company. Qualifying for sustainability awards
is definitely one of the best things that can happen to the brand value and the
standing of the company.
Get more
information on: CSR
in India & Sustainability
Awards
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Created on Dec 31st 1969 18:00. Viewed 0 times.