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8th Sustainability Solutions Summit
HighLights
 

·    “We live in a century where physical borders mean less and less; where companies are larger than governments; and where we are constantly bombarded with a call for increased transparency,” said Mr. Paul Druckman, CEO, The International Integrated Reporting Council (IIRC), delivering the keynote address at the eighth edition of the CII-ITC Centre of Excellence for Sustainable Development’s (CESD) flagship event the Sustainability Solutions Summit in New Delhi. But is this enough?   

·         “Corporate reporting can change business behaviour,” proclaimed Mr. Druckman, adding “We need to build capital markets where investors understand the full picture and not just a company’s quarterly performance.” The Centre has partnered with the IIRC to promote the Integrated Reporting Framework in India, which is a concise communication of value over time. “This is exactly what we need so that companies can move towards integrated thinking and explain how they are creating value.”  

Mr. Druckman and all other dignitaries inaugurating the Summit unanimously called for finding convergent solutions to achieving sustainability. Providing his case, Mr. Venkatesh Valluri, Chairman, CII National Committee on Technology and Chairman, Ingersoll Rand (India) Ltd., said, “We clearly have the technologies available that can be deployed to help look through the world’s challenges.” What is needed now, he added, is to find convergent solutions in areas where we can have real impact.  

·        In his opening remarks, Mr Y C Deveshwar, Past President, CII, Chairman, CII-ITC Centre of Excellence for Sustainable Development Advisory Council and Chairman, ITC Limited, highlighted that the purpose of business must be redefined to include a composite of social, economic and environmental issues. He stated, “Currently only consumer satisfaction and shareholder value govern business behaviour. Instead, we need to create business models that create synergies between social, economic and environmental incentives.” The recognition system, he added, should be modified to reward performance on the triple bottom line. The Centre, for example, launched Sustainable Plus – the world’s first corporate sustainability label – that helps consumers recognise and reward companies that have successfully incorporated sustainable practices in their core business.  

·   In her remarks, Ms. Seema Arora, Executive Director, CII-ITC Centre of Excellence for Sustainable Development, stated, “In the next five years, there will be a surge in measurement and valuation tools and the time is not far when Net Present Value becomes Net Positive Value.” She shared that there were three solutions that would help businesses leapfrog into the future and continue to flourish – Value Innovation, Valuation and Value Proposition.

Now is the time for transformative solutions and differential thinking. She explained, “India is capable of the next ‘Google’ of sustainable and inclusive innovations. But there is a lot of capacity to be built before getting there. And to that end, CII and the Centre will continue to bring the latest in sustainability to make business in India truly competitive and future-ready.”

 
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Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
How India Innovates: The promise of sustainable and inclusive innovation
Mr Y C Deveshwar, Chairman, ITC Ltd at the Opening Plenary of the 8th Sustainability Solution Summit 2013
Mr Venkatesh Valluri, Chairman, Ingersoll Rand (India) Ltd at the Opening Plenary of the 8th Sustainability Solution Summit 2013
Mr Paul Druckman, CEO, IIRC at the Opening Plenary of the 8th Sustainability Solution Summit 2013
3 Sustainability Solution by Ms Seema Arora, Executive Director, CII-ITC Centre of Excellence for Sustainable Development
Mr Prodipto Ghosh, Distinguished Fellow & Director, The Energy & Resources Institute (TERI) on “Natural Capital: An Economic Imperative”
Mr Varad Pande, OSD to Union Minister for Rural Development, Government of India on “Natural Capital: An Economic Imperative”
Mr Nik Senapati, MD, Rio Tinto India on “Natural Capital: An Economic Imperative”
Mr Ravindra Murthy, VP, Customer Service and Head, Corporate Quality Assurance, Kirloskar Brothers Ltd on “Natural Capital: An Economic Imperative”
Ms Neena Singh, Partner, ERM India on “Natural Capital: An Economic Imperative”
An open house discussion on “Natural Capital: An Economic Imperative"
Mr Ghosh, Distinguished Fellow & Director, The Energy & Resources Institute (TERI) on “Natural Capital: An Economic Imperative”
Mr Arnab Mitra, National Business Editor, The Hindustan Times on “Investing in Sustainability”
Mr N K Ranganath, MD, Grundfos Pumps India on “Investing in Sustainability”
Mr Rajesh Nair, Global Practice Head, Centre for Sustainability Solutions & Consulting, ITC Infotech Ltd on “Investing in Sustainability”
Mr Peter Poschen, Director, International Labour Organization (ILO) on “Investing in Sustainability"
Ms Saon Ray, Senior Fellow, ICRIER on “Investing in Sustainability”
Mr Glenn Schmidt, Head of Steering Government Affairs, BMW AG on “Investing in Sustainability”
An open house discussion on “Investing in Sustainability”
Mr Arnab Mitra, National Business Editor, The Hindustan Times on “Investing in Sustainability”
Mr Philipp von Sahr, President, BMW India on “Future of Sustainable Individual Mobility”
Ms Seema Arora, Executive Director, CII-ITC Centre of Excellence for Sustainable Development on “Future of Sustainable Individual Mobility”
Mr Divya Kumar Mittal, Head of Marketing-Renewable Energy, Power Conversion, ABB on “Future of Sustainable Individual Mobility”
Mr S J Dhinagar, VP-Advanced , TVS Motors on “Future of Sustainable Individual Mobility”
Driving Changes in Mobility by Mr Glenn Schmidt, Head of Steering Government Affairs, BMW AG
An open house discussion on “Future of Sustainable Individual Mobility”
Ms Seema Arora, Executive Director, CII-ITC Centre of Excellence for Sustainable Development on “Future of Sustainable Individual Mobility”
Mr Daan Wensing, MD, Leaders for Nature, IUCN on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Leaders for Nature - India by Mr P R Sinha, Country Representative, International Union for Conservation of Nature
Mr Hem Pande, Additional Secretary, Ministry of Environment & Forests, Government of India on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Mr Chanakya Choudhary, Chief Resident Executive, Tata Steel on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Mr Nazeeb Arif, Vice President, ITC Ltd on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Mr Neil Marshman, Chief Advisor-HSEC India and Product Regulation on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Mr Joe Phelan, Director, WBCSD India on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
An open house discussion on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Ms Seema Arora, Executive Director, CII-ITC (CESD) on “Leaders for Nature: Greening Core Business by Valuing & Conserving Nature”
Mr Anil Padmanabhan, Deputy Managing Editor, MINT on “Good Corporate Governance: Key to Sustainability”
Mr Sandeep Parekh, Founder, Finsec Law Advisors on “Good Corporate Governance: Key to Sustainability”
Mr Subir Gokarn, Director, Brookings India on “Good Corporate Governance: Key to Sustainability”
Mr M B Athreya, Management Advisor, Former Professor-IIM Calcutta, London Business School & Strathclyde Business School, Glasgow on “Good Corporate Governance: Key to Sustainability”
Mr N J Singh, Director (EHS), DCM Shriram Consolidated Ltd on “Good Corporate Governance: Key to Sustainability”
An open house discussion on “Good Corporate Governance: Key to Sustainability”
Mr Anil Padmanabhan, Deputy Managing Editor, MINT on “Good Corporate Governance: Key to Sustainability”
Mr Shankar Venkateswaran, Director, Sustainability & Climate Change, PricewaterhouseCoopers on “Integrated Reporting”
Who is the IIRC?” by Mr Paul Druckman, CEO, The International Integrated Reporting Council
Mr Nishikant Ingle, GM - Sustainability, Kirloskar Brothers Ltd on “Integrated Reporting”
Mr Rajiv Mishra, MD, CLP India on "Integrated Reporting”
Mr Sanjay Gupta, Chairman-WTO & International Affairs, Central Council Member, ICAI on “Integrated Reporting”
Mr Shikhar Jain, Senior Counsellor, CII-ITC (CESD) on “Integrated Reporting”
An open house discussion on “Integrated Reporting”
Mr Shankar Venkateswaran, Director, Sustainability & Climate Change, PricewaterhouseCoopers on “Integrated Reporting”
Mr Ulhas Parlikar, Director (Geocycle Business), ACC Ltd on “Waste Management & Recycling Technologies”
Sustainable Waste Management by Chaitanya Kalia, Partner, Ernst & Young
Mr B Jogarao, VP (Commercial), ITC Ltd on “Waste Management & Recycling Technologies”
Mr P Parthasarathy, MD, E-Parisaraa on “Waste Management & Recycling Technologies”
An open house discussion on “Waste Management & Recycling Technologies”
Ms Seema Arora, Executive Director, CII-ITC (CESD) on “Waste Management & Recycling Technologies”
 
Charges to access Event
 
Participant TypeAmount (in Rs)
Member
2000
NonMember
3000