Industries must find ways to reduce fossil fuel use: Madhulika Sharma at CII Green Conclave

Jamshedpur, Jharkhand, Kolhan No Comments on Industries must find ways to reduce fossil fuel use: Madhulika Sharma at CII Green Conclave 170

Jamshedpur, Sept. 29: Encouraged by the success of the earlier three editions, CII Jharkhand in association with UN Global Compact Network India and Citizens Foundation organised the fourth edition of its annual flagship initiative, Green Conclave with the theme of Realising Sustainable Development Goals today over virtual platform.

The 2030 Agenda for Sustainable Development provides the global community a plan of action to achieve the equilibrium of economic, social and environmental sustainability as envisioned by the United Nations. While India has taken a conscious lead in achieving the Sustainable Development Goals (SDGs), the 2030 Agenda gives Industry a significant role to play in efforts to achieve the SDGs. Ensuring an environmentally sustainable future is a key priority for businesses in India, given the rising challenges from a variety of environmental issues and its adverse consequences.

Against this backdrop, the 4th Green Conclave deliberated on some important environment sustainability issues in India. The forum highlighted and tried to address some immediate gaps where policy intervention can help accelerate implementation of a circular economy, promote resource efficiency and help create a climate resilient Indian Industry.

It was discussed during the conclave that in a circular economy, maximising utility of natural resources (resource efficiency) and retaining value along the life cycle of products are both goals of the private and Government sectors and are seen as strategies to boost competitiveness. These would occur through changes in product/process design, strongly supported by innovation, new business models and technology. Businesses need to understand that resource efficiency should be a core strategy in every sector. Especially in the manufacturing sector, resource efficiency is necessary to stay competitive, to reduce import dependency, create value from closing material cycles, and reduce negative environmental impacts associated with the primary production of materials. Organizations are already facing various challenges like rising fuel and energy prices, rising cost of resources, low yield and high wastage, lack of technology knowhow, etc. It is necessary that resource efficiency is made an integral part of climate policy.

Addressing the conclave Sandeep Shrivastava, Senior Vice President-Corporate Environment & Sustainability, Aditya Birla Group stated that Industrialization is inevitable for the development of a nation, however, we should not develop at the cost of the environment. Shrivastava affirmed that Industry should focus on using the waste generated by itself as inputs for production. He said that waste management is not only essential from a public welfare perspective but can also contribute to the economic growth if the recycling industry is promoted alongside eco-industrial production. He emphasized on the fact that it is not waste until it is wasted.

Addressing the gathering, Sanjay Sabherwal, Chairman, CII Jharkhand State Council & Managing Director, Metaldyne Industries Ltd said that Industry should see undertaking green initiatives as opportunity rather than additional cost. Green Industrialization offers huge opportunities for entrepreneurship development. Creating green industries that provide different types of environmental goods and services and contribute towards reducing negative environmental impacts is crucial at this juncture of globalization. He opined that consciousness and commitment towards environmental sustainability is more important than mere compliance to government norms. He opined that now as the Sustainable Development Goals (SDGs) move from pledges to practice, a much wider and better-informed deliberation is needed around how business and governments can add the most value for purposeful shift towards inclusive growth.

Madhulika Sharma, Convenor, CII Jharkhand Environmental Sustainability Panel & Chief-Corporate Sustainability, Tata Steel Ltd stated that the growth in the industrial sector is one of the key aspects that affect the development of a country. The risks associated with industrial development include increasing pollution levels, overuse of natural resources, and increasing amounts of waste and waste-water leading to the endangerment of ecosystems. To combat these threats enterprises will almost certainly be required to find ways of drastically reducing their use of fossil fuels, or drastically reducing their use of electricity generated from fossil fuels. And it can be expected that industry will become involved in making available the technologies and other goods and services that society will require to adapt to climate change.

KS Venkatagiri, Executive Director, CII – Sohrabji Godrej Green Business Centre said that CII is continuously working in the areas of Green & Environment Sustainability. CII-Sohrabji Godrej Green Business Centre (CII-Godrej GBC) was established in the year 2004, as CII’s Developmental Institute on Green Practices & Businesses, aimed at offering world class advisory services on conservation of natural resources. The Green Business Centre in Hyderabad is housed in one of the greenest buildings in the world and through Indian Green Building Council (IGBC) is spearheading the Green Building movement in the country. The Green Business Centre was inaugurated by His Excellency Dr. A. P. J. Abdul Kalam, the then President of India on 14 July 2004. He informed that the Services of Green Business Centre include- Energy Management, Green Buildings, Green Companies, Renewable Energy, GHG Inventorization, Green Product Certification, Waste Management and Cleaner Production Process. CII-Godrej GBC works closely with the stakeholders in facilitating India emerge as one of the global leaders in Green Business by the year 2022.

Ganesh Reddy, Secretary cum Chief Executive Officer, Citizens Foundation stated that industry and society plays a vital role in Building a Green Eco system and significant initiatives needs to be taken to support the issue. A combined approach towards the greener tomorrow is the need of the hour and strong and sustainable Green Eco system can be the foundation of the green manufacturing and greener tomorrow. He said that the focus need to be on revamping the Green Industrialization process, thereby increasing resource efficiency and ultimately achieving environmental sustainability. He said that it is extremely important that all stakeholders – the government, industry and society comes together, think together and work together to drive the development process.

Over 150 delegates participated in this important forum.

The other important dignitaries who addressed the CII Jharkhand Green Conclave 2020 included Dr Preeti Soni, Chief-Climate Change, Resilience & Energy, United Nations Development Programme; Kamal Singh, Executive Director, UN Global Compact Network India, Ashwani Kumar Saxena, Chairman, Board of Governors of Sustainable Development Forum, Institution of Engineers India; Dr Tata L Raghu Ram, Professor-Strategic Management, XLRI Jamshedpur; Dr Arvind Tilak, Chief Executive Officer, Ascent Intellimation Pvt. Ltd; Mr Prabhat Kumar, EIC-Industrial By-Products Management Division, Tata Steel Ltd; Ms Shilpa Nischal, Senior Counsellor, CII-Triveni Water Institute  and Ritabrata Sen, Counsellor, CII-Sohrabji Godrej Green Business Centre.

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