CSR Today November 2014 sample issue

Page 1


publisher’s note

CSR Then, Now and Tomorrow

A

Rajesh Tiwari Publisher rt@iccsr.org

Local implementing agencies seldom make efforts to make public the information related to impact assessment, audit issues and their projects.

fter the government mandated corporates to spend on CSR, there has been a sudden spurt in activities around the subject. My inbox is flooded with invites relating to CSR seminars, award functions or panel discussions. I am sure there were always events and awards around CSR. However, the frequencies of such events and the number of such awards have certainly gone up manifold in the last six months. In the midst of all the action happening in this space, I would like to pause for a while and trace the history of CSR in India, and the way forward. The history of CSR in India can be divided into four distinct stages. The first phase of CSR was marked by philanthropy and charity. From 1850s onwards, industrial houses such as Godrej, Tata, Birla and Bajaj displayed strong inclination towards social and economic causes. Their efforts on this front were, however, impacted by religion, caste and political motives. During the fight for independence, which marked the second stage of CSR, business houses in the country were exhorted to display their commitment towards the development of the society. The CSR initiatives were, therefore, focused on setting up trusts that set up schools and colleges, and encouraged rural and women development The period between 1960 and 1980 marked the third stage of CSR evolution in India. This stage could be labeled as the lowest point for CSR as the corporates took a back seat in the face of emergence of Public Sector Enterprises.

The current, and the fourth phase, of CSR started post 1980. During this phase, which is still on, corporates in India aligned CSR with their business strategy. The opening up of the economy in the 1990s gave a tremendous and much-needed boost to the corporate sector. Indian companies grew at a fast pace and so did their CSR efforts. Going forward, the transition from this stage to the next will need a lot of effort from all the stakeholders. Myriad challenges need to be overcome. To begin with, there is a lack of serious lack of community participation in CSR. The main reason for this is a lack of awareness around the subject. Unfortunately, nothing much is being done to enhance awareness. Local implementing agencies seldom make efforts to make public the information related to impact assessment, audit issues and their projects. This lack of transparency has a negative impact on the overall sentiment around CSR. It causes a lack of trust between local communities and companies, thereby hampering the growth of CSR initiatives. Yet another obstacle is the absence of well trained NGOs in the country. There are very few non-governmental organizations that have the capability and capacity to identify the real needs of the local population. These are just a few of the several challenges confronting the sector. I would also like to caution the media in being overzealous in reporting on CSR. While it is good to appreciate good work, the fourth estate needs to be judicious in its reporting. All CSR projects don’t necessarily translate into tangible impact on the ground.

November 2014 | CSR Today | 1


Contents

08 cover story

november 2014 | vol. 02 | issue 06 Printer and Publisher: Rajesh Tiwari EDITORIAL Consulting Editor: Y Singh INDIAN CENTRE FOR CSR ADVISORY BOARD Pankaj Pachauri, Ted McFarland, Mag. Martin Neureiter, Chandir Gidwani, Lou Altman, Kingshuk Nag, Toby Webb, Anil Bajpai, Nikos Avlonas, Rajesh Tiwari, Satish Jha, Amit Chatterjee, Jitendra Bhargava, Namita Vikas, Dinesh N. Awasthi, Kapil Dev, Dr. Kamal Kant Dwivedi, Sanjiv Kaura, Suhel Seth PRODUCTION, CIRCULATION AND LOGISTICS Hardik C

Empowering Lives

The Schneider Electric India Foundation has been supporting different CSR activities to engage the rural communities with a specific end goal – helping them change their lives through ‘Access to Energy’.

CSR LEADERSHIP

06 Watch Your Carbon, or Watch Your Investors Flee

csr society

14 Employee Engagement is Important! 16 Energising Economies With Solar Power 20 Indian Oil Executes Innovative Drinking Water Project 22 How Data and Technology will Accelerate City Sustainability

sustainability

32 9 Innovations to Slash Food Loss

35 How ConAgra Sets the Table for Climate Resilience 38 Powering Clean Energy Growth in Asia

sustainability capital

40 Stamp of Approval Brings Global Opportunities to Local Building Companies 42 A Sustainable Yield

HEAD OFFICE CSR Today Indian Centre for CSR, 601, 6th Floor, Technocity, Plot No. X4/5 A, TTC Industrial Area Mahape, Navi Mumbai- 400701 (India). Tel: +91 22 2778 8481 / 82 Fax: +91 22 2496 6803 Email: editor@csrtoday.net Website: www.iccsr.org REGIONAL OFFICES NEW DELHI Regional Director: V Chopra Sr. Vice President: Abhay Kumar Assistant Vice President: Dr. Rupal Tyagi MUMBAI Vice President: Chaitali Chatterjee Circulation: C.R. Tiwari To Advertise: Email: ak@iccsr.org Mobile: 09899780277 Printed, Published and Edited by Rajesh Tiwari on behalf of Indian Centre For Corporate Social Resposibility, Printed at Jayant Printery, 352/54, J.S.S. Road, Murlidhar Temple Compound, Near Thakurdwar Post Office, Mumbai 400 002 and Published from Indian Centre For Corporate Social Resposibility, 106/A, Nirman Kendra, Plot No.3, Dr. E. Morses Road, Mahalaxmi Estate, Mahalaxmi, Mumbai 400 011. Editor: Rajesh Tiwari Disclaimer

REGULARS

01 Publisher’s note 03 CSR News 44 Book Review

The publisher, authors and contributors reserve their rights in regards to copyright of their work. No part of this work covered by the copyright may be reproduced or copied in any form or by any means without the written consent. The publisher, contributors, editors and related parties are not responsible in any way for the actions or results taken by any person, organisation or any party on basis of reading information, stories or contributions in this publication, website or related product. Reasonable care is taken to ensure that CSR Today articles and other information on the web site are up-to-date and accurate as possible, as of the time of publication, but no responsibility can be taken by CSR Today for any errors or omissions contained herein.


CSR News Govt makes CSR spending mandatory for public sector companies

C

oming out with revised guidelines, the government has made it mandatory for all profit-making central public sector companies to spend money on CSR activities, a report in The Economic Times said.Besides, these enterprises cannot include money spent on sustainable development efforts under the Corporate Social Responsibility (CSR) ambit. The Department of Public Enterprises (DPE) has come out with the revised guidelines following the new Companies Act making social welfare spending compulsory for certain class of profitable corporates mandatory. In comparison with provisions under the Companies Act, 2013, the latest DPE norms are more strict since it would be applicable on all profit-making central public sector enterprises. As per the companies law, certain class of entities are required to shell out at least two per cent of their three- year annual average net profit towards CSR activities. This would be applicable to companies having at least Rs 5 crore net profit, or Rs 1,000 crore turnover or Rs 500 crore net worth. According to revised DPE guidelines, issued on October 21, “it is mandatory for all profitmaking CPSEs to undertake CSR activities as per provisions of the Act and CSR rules”. These guidelines are effective from April 1.

Money spent on Swachh Bharat, Clean Ganga comes under CSR ambit

W

idening the activities coming under CSR ambit, contributions made by corporates towards Narendra Modi-led government’s two key initiatives – Swachh Bharat and Clean Ganga – will now be considered as social welfare spending work, a report in The Economic Times said. Making amendments to the Companies Act, the Corporate Affairs Ministry has said that contributions to ‘Swachh Bharat Kosh’ and ‘Clean Ganga Fund’ would come under CSR framework. ‘Swach Bharat Kosh’ has been set up to attract funds, from various

entities including corporates, for activities related to Swachh Bharat initiative. The ‘Clean Ganga Fund’ is aimed at pooling money for taking up works to clean the Ganga river. These two initiatives are the latest ones to be brought under the Corporate Social Responsibility (CSR) ambit where already contributions made to the Prime Minister’s National Relief Fund has been included. Through a notification, the Ministry has inserted the words ‘including contribution to the Swach Bharat Kosh set up by the central government for the promotion of sanitation” in Schedule VII of the Act.

Maruti Suzuki hikes spend on CSR in 2013-14

M

aruti Suzuki India (MSIL) has said it spent 23.28 crore towards corporate social responsibility (CSR) activities in 2013-14, compared with18.94 crore in 2012-13. The amount includes salary of staff directly working in CSR, the company said in the sixth edition of its sustainability report. Adopting the theme, ‘Making it Matter’, the report outlines the company’s focus of taking action in the social, environment and economic spheres. “Our CSR activities will be primarily in the areas of village development, skill development and road safety. The village development will include construction of household toilets, upgrading Government schools, separate toilets for girl students,” RC Bhargava, Chairman (non-executive), MSIL, said in a report in Business Line. He said MSIL would focus on skill development initiatives to make students from Industrial Training Institutes (ITIs) industry-ready. “The company now partners with 29 ITIs. This programme benefitted over 11,000 students in the last year,” Kenichi Ayukawa, Managing Director and CEO, MSIL, said. The sustainability report also highlighted important initiatives to bring down stress on natural resources. To name a few, the company said it had brought down its energy costs by over five per cent. MSIL has also established a board committee on CSR, which has approved the company’s CSR policy. November 2014 | CSR Today | 3


csr leadership

Watch Your

Carbon, or Watch Your

Investors Flee

WBCSD senior advisor Philippe Joubert speaks to Eco-Business about why the growing movement to divest from fossil fuels is here to stay, and how power companies must change their business models or risk becoming obsolete.

T

he global power sector, long reliant on fossil fuels, must change its business models in the wake of climate change and protect their businesses from climate-related risks. The increase in frequency of extreme weather events has exposed the vulnerability of power systems and companies need to build resilience while at the same time mitigate the carbon emissions from the sector, says former president of French energy giant Alstom, Philippe Joubert. Speaking to Eco-Business in a recent interview in Singapore earlier this month, Joubert, who is also senior advisor and special envoy of energy and climate change at the World Business Council for Sustainable Development, notes that energy demand is set to double from now till 2050, which is why it is imperative that the power sector must ‘decarbonize’ by pursuing carbon-free technologies and energy efficiency. Although this cannot happen overnight as huge assets and investments are involved, he says certain businesses are already showing leadership in addressing sustainability and climate change issues. Here, he elaborates on why businesses which stubbornly stick to the status quo should be afraid. Countries in Asia still rely heavily on fossil fuels. In Singapore, for example, 80 per cent of the country’s energy consumption is powered by natural gas. How feasible is it to decarbonize the power sector?

There are a few ways to tackle this issue. The first is maximize the use of renewable energy and Singapore is doing that with its initiative to put so6 | CSR Today | November 2014

lar panels on roofs. There is also energy efficiency - every country should seek to push the limit on energy efficiency. And lastly, if we are still reliant on fossil fuel, we should look at carbon capture and storage (CCS), which is essentially finding places to store carbon emissions. There are proven CCS projects that used old oil fields to contain the emissions, so this is a realistic solution. Another solution could be to integrate power markets. We have seen in Europe that when the share of renewable energy goes beyond a certain threshold, there is an issue of intermittency (where a source of energy is not continuously available). Integrating the region’s power markets will allow countries to use power from neighbouring countries as a backup. There’s a lot of potential in this. Is CCS really a viable option? So far we’ve only seen pilot projects.

It’s true that most of the projects are at the pilot stage, and we need to scale up. When I was president of Alstom power, I promoted CCS. But the reason why the market has not responded to this technology is due to a few factors. Firstly, the cost of investment into CCS is quite high. Another reason why CCS has not taken off is stakeholder acceptance. We’ve never been able to explain why CCS is important and overcome the misperceptions that CCS plants will explode, or poison the food and water. We have not been able to explain it properly. But the most important explanation is because it is still free to pollute and put carbon emissions in the atmosphere. So why should companies shoulder the cost? When the price of CO2 reaches


cover story

Empowering

Lives

The Schneider Electric India Foundation has been supporting different CSR activities to engage the rural communities with a specific end goal – helping them change their lives through ‘Access to Energy’.

“A

t Schneider Electric, we see our CSR exercises as a means to help the society and to make our contribution towards its overall development keeping focus on sectors like education and employment for the needy,” says Abhimanyu Sahu, Director – Business Development Asia Pacific – Access to Energy, Schneider Electric India. This socially-inclusive approach from Schneider Electric India Pvt. Ltd (SEI) stems from its unique vision and progressive management. A 100 percent subsidiary of Schneider Electric Industries SAS, a global specialist in energy management, SEI has a strong force of over 17,000 employees in the country. In continuation of its progressive approach, the company established The 8 | CSR Today | November 2014

Schneider Electric India Foundation in 2008 with the mission to help people change their lives through ‘Access to Energy’. The Foundation is funded by Schneider Electric Corporate Foundation, Schneider Electric India, and by the employees and partners of Schneider Electric India. “Since 2008, The Schneider Electric India Foundation has been supporting different CSR activities to engage the rural communities with a specific end goal to make them get access to energy. The objective of the foundation is to help individuals change their lives through access to vitality. The long term mission of Schneider Electric is to empower local groups to acquire long term capabilities to develop and keep up access to energy solutions,” says Sahu, who also heads the CSR activities of the company in India.

Amongst the few corporates, Schneider understands that energy and climate change are critical challenges for our planet and it has made its mission to help individuals make full use of the energy sources available to them. By supporting innovative undertakings, the Schneider Electric Foundation is committed to helping find solutions. Throwing more light on SEI’s focus areas, Sahu says, “The Schneider Electric Foundation has been working towards the development of society through education, employment, electrification and emergency. The Foundation started off by supporting various CSR initiatives to empower the rural communities in order to make them get access to electricity. Gradually we moved on to supporting a number of initiatives in sectors like education, employment and entrepreneur-


cover | story

“Non-profit Sector Should Learn Business Ethics, Social Accountability From Corporate Sector” Anil Chaudhry, Managing Director and Country President, Schneider Electric India, leads the company’s CSR initiatives in India from the front. His strong focus on CSR comes to the fore when he reveals that internal processes are also streamlined in such a manner that social responsibility activities are a part of the training as well as work schedules of each employee in the organization. In an interaction with CSR Today, Chaudhry throws more light on the work done by The Schneider Electric India Foundation. As more and more businesses explicitly integrate notions of sustainability and impact on society into their thinking, strategy, and operations, how has this integration played out at Schneider?

training partners of Schneider Electric

What about the sustainability of your internal business processes? Was there a conscious recognition that you had to align your internal processes with CSR values? How did you achieve it?

Since 2008, The Schneider Electric India

India Foundation, we help provide educa-

Schneider Electric has always been committed

Foundation has been supporting various CSR

tion and vocational training focused on

towards social responsibility projects and our

initiatives to empower the rural communities

energy access.

internal processes are also streamlined in a

• Schneider Electric Teachers Program is an association which mobilizes the capabilities of current and retired employees of Schneider Electric. With the support from

in order to make them get access to electricity

Entrepreneurship

manner such that social responsibility activities

and use it in a sustainable manner. The aim of

• Schneider Electric India Foundation helps

are a part of the training as well as work sched-

the foundation is to help people change their

facilitate trained electricians with a “Start

ules of each employee of our organization.

lives through access to energy. The long term

up Kit” and an entrepreneur training to run

Employees volunteer for all our CSR initiatives

mission of Schneider Electric is to empower

their own business.

and take active participation in all activities.

local communities to acquire long term com-

Employment

For the Schneider Electric Teachers Program,

petencies to maintain and develop access to

• The foundation has endeavored towards

we mobilize the capabilities of current and re-

the establishment of electrical training cen-

tired employees of Schneider Electric. With the

ters which help in providing unemployed

support from training partners of Schneider

focusing on 5 Es and creating transformation

youth with skills needed to be a profes-

Electric India Foundation who provide educa-

in every corner of the country.

sional electrician.

tion and vocational training focused on energy

energy solutions. The Schneider Electric India Foundation is

Education

Electrification

access, our volunteers conduct classes on en-

• Under our Electrician Training Program, we

• Rural electrification is one of the key focus

ergy access. Even for our Conserve My Planet

sponsor training of young people from the

areas of Schneider Electric India Founda-

initiative and Rural Electrification initiative, we

bottom of the pyramid in electrical skills.

tion. The objective of Rural electrification

have employees who volunteer actively.

After completion of the training, we also

is: 1)Facilitate access to electricity in very

assist the trainees to get employed.

remote areas without grid supply 2)Provid-

privileged engineering students was intro-

Emergency

What are some of the skills or lessons that the non profit sector should learn from the business community and vice-versa?

duced in 2009

• Schneider Electric India Foundation is

The linkages, connections and interface

• The novel initiative of scholarship to under

ing better access to safe and clean energy

responsive during the crucial times of

between “Business” and “Society” have existed

educational program for the students of

disaster. This support can be towards

since the beginning of civilization but over

classes 5th to 7th Grade (10 -13 yrs age

the restoration of substations or proving

the years, they have undergone significant

group) aimed towards educating them

clean drinking water by installing solar

changes. The survival and effectiveness of any

about environment and energy

water pump.

organizational entity depends on the quality

• Conserve My Planet is our participative

12 | CSR Today | November 2014


CSR Society

Employee Engagement is Important! When employees feel motivated to give back to the community and can see that their employer is actively involved in these causes as well, then the likelihood of employee engagement and retention is going to be higher by adam weinger

14 | CSR Today | November 2014

Photo Courtesy: www.michellsmith.com

M

ore than ever before, organizations are relying on employee engagement and loyalty for overall success. On the same spectrum, today’s millennials (individuals aged 18-35) are not starting their “forever careers” at such an early age. Many young individuals get their first jobs out of college, gain some experience, and move on. So, it may come as no surprise that only about 30% of employees are considered fully engaged in their work. Why is this, and what are some ways to increase the low levels? Let’s first discuss the benefits of a high employee retention and engagement rate. They can be considered mutually beneficial - a higher retention rate means greater overall success for the business, as well as a higher satisfaction level with one’s career. As a win-win situation, corporations should really be aiming to make their employees happy in their work environment, and this is often done with benefit packages, higher salaries, and paid vacation. But, a study done by Dale Carnegie and MSW Research on employee engagement


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2014-15 CALENDAR OF EVENTS Indian Centre for CSR, being the pioneer in CSR Training programs has developed special global programs for Indian Corporate to address the growing needs of CSR Compliance and complexities in the evolving world of Sustainability. These courses / Training programs help organizations in sustainment of their competitive advantages and addresses the most important need of their growth. The idea solely aims towards not just helping to compliance but eventually allow corporate to see and evaluate global best practices for enhancing their top line and bottom line. We invite nominations from Executives, NGOs , Corporate, Education Institutions, Government PSUs and other Stakeholders for the Training Courses / Programs for the year 2014-15 TOPIC

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FACULTY: (A) Mr. Martin Neureiter, Chairman of ISO 26000 and the world’s most acclaimed CSR Guru. He is Corporate Advisory Board Member of ICCSR, founder and CEO of The CSR Company. He is an advisor to Fortune 500 companies ad is scientific head of the postgraduate education at University of Applied Sciences Vienna for CSR and the Convenor within ISO-DEVCO for the Middle East North Africa. He has authored several books on CSR, such as Corporate Social Responsibility Leitlinien und Konzepte in Management published 2004, which was the first German language book on the issue and Handbuch Corporate Citizenship published 2007. (B) Mr. rajesh Tiwari, CEO & Director General, ICCSR, A Doctorate in Social Administration from USA, Founder, Tikona Digital Networks Pvt. Ltd. , Ex-Group President of Reliance Industries. Also, worked as Private Secretary to Minister of Information and Broadcasting (Government of India) (C) Satish Jha, Advisory Board Member to ICCSR & President and CEO, OLPC India. Mentor of couple of dozen social projects with a focus on technology, business strategies and public policy in the areas of universal access to education, healthcare and bridging the digital divide. (D) Shri Ashwani Kumar, Senior Faculty & Advisor, ICCSR, Project Mentor - World Hope Foundation & Ex General Manager(I / c), HSE & CSR, BHEL, ND49 ICCSr’s flagship Globally acknowledged Executive Development Program (EDP) on CSr. > Certification Program by CSR Institute, UK (Residential Program)

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FACULTY: (A) Ms. Karin Huber, Advisor, ICCSR, is a Communication Specialist & Certified CSR Manager from University of Vienna, Austria and has Expertise on CSR strategy development, stakeholder communication & involvement, Sustainability and Corporate Responsibility, Responsible Banking & Investment, Socially Responsible Advertising & Media Psychology. Globally, she is renowned International Faculty on Business Ethics and CSR Communication and Faculty at University of Applied Sciences BFI Vienna. (B) Mr. Jitendra Bhargava, Former Executive Director of Air India and author of book, ‘The Descent of Air India’, is known television and radio personality who regularly speaks on matter relating to civil aviation, human resources and corporate matters. Jitendra Bhargava has over 35 years of experience in Public Relations (PR) and Marketing and is considered One of the Best PR Professional in the country today. He is a sought after speaker and is virtually invited from all leading institutions of the country to speak on various topics. Certified Training Program on Environmental Strategies, Management & reporting – A CSr Perspective

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2014-15 CALENDAR OF EVENTS TOPIC

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Training aims in Instilling awareness on key sustainability topics and areas of concerns and integrate a “common thinking” on sustainability across different organizations within the Retail Sector

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Mumbai

INR 19,600

INR 17,600

Training aims in Instilling awareness on key sustainability topics and areas of concerns and integrate a “common thinking” on sustainability across different organizations within the Financial Sector

5-Mar-15

Mumbai

INR 19,600

INR 17,600

Training aims in Instilling awareness on key sustainability topics and areas of concerns and integrate a “common thinking” on sustainability across different organizations within the Automobile Sector

7-Mar-15

Pune

INR 19,600

INR 17,600

Training aims in Instilling awareness on key sustainability topics and areas of concerns and integrate a “common thinking” on sustainability across different organizations within the Pharmaceutical Sector

10-Mar-15

Ahmedabad

INR 19,600

INR 17,600

FACULTY: (A) Irene Daskalakis, Corporate Advisory Board Member of ICCSR. Irene has working experience in the World Bank, European Commission Delegation in Tirana, Albania & executed a project in Public Internal Financial Control, in close consultation with the Albanian Ministry of Finance. Irene has implemented advisory projects, workshops and research in Europe, Middle East, Asia and N. America (U.S.A). Project focus areas include the design of the Corporate Sustainability Strategy, the implementation of Sustainability Assessments and the development of Sustainability Reports (based on the G3 Guidelines of the Global Reporting Initiative, UN Global Compact Principles). (B) Dr. Panagiotis Panagiotakopoulos Panagiotis (Panos), Advisor to ICCSR has extensive scientific knowledge in the fields of Sustainability, Environmental Management, Corporate Social Responsibility, EcolabelStrategies and Organizational Development. He is the Faculty at Democritus University of Thrace and National Technical University of Athens. He is Greece’s National Eco-Innovation Expert for OECD, member of the Scientific Committee of the Institute for Interdisciplinary Environmental Studies, Associate of the Chamber of Environment and Sustainability and a member of the Network of Project Managers in Greece. Dr. P. Panagiotakopoulos has served as assessor of the IPMA International Project Excellence Award, while the Global Reporting Initiative (GRI) has assigned him as a Quality Control Consultant for its Certified Training Programs in Greece. (C) Mr. rajesh Tiwari, CEO & Director General, ICCSR, A Doctorate in Social Administration from USA, Founder, Tikona Digital Networks Pvt. Ltd. , Ex-Group President of Reliance Industries. Also, worked as Private Secretary to Minister of Information and Broadcasting (Government of India)

Timings: 9:00 am - 5:30 pm , Registration begins at 8:30 am For Registrations, contact: Ms. Arpita Singh, Email: registrar@iccsr.org, Mobile: 98200 38878 Tel: +91 22 2778 8481 / 82 | Fax: +91 22 2496 6803 | Website: www.iccsr.org 601, 6th Floor, Technocity, Plot No. X4/5 A, TTC Industrial Area Mahape, Navi Mumbai- 400701 (India). Fees includes lunch, tea, course material etc. • • •

Fees for Residential Programs includes Stay along with other Training facilities. Travel to be organized by the delegate. Service Tax of 12.36% is applicable extra Please contact for Group discounts


TRAiNiNg REgiSTRATiON FORm Please complete the registration form and send it along with payments to: Indian Centre for CSR, 601, 6th Floor, Technocity, Plot No. X4/5 A, TTC Industrial Area Mahape, Navi Mumbai - 400701 (India). Email: ea@iccsr.org, Tel no: +91 22 2778 8481 / 82, Fax no: +91 22 22204 2368. Website: www.iccsr.org NoMiNAtioN DetAilS: Program Name: Training Date: City of the Program:

1.

Name: Designation:

2.

Name: Designation:

3.

Name: Designation: Company: Contact addres:

PAYMeNt iNFoRMAtioN: Training Fees: Plus Service Tax of 12.36% is applicable: total amount: Payment can be made in the following ways: (Please tick applicable box)  CHeQUe/DD/Cash at the venue (made out to Indian Centre for CSR) Cheque number (Send your Cheque at the above address.)

Drawn on Bank

 Bank transfer Bank Name: HDFC Bank Account Name: Indian Centre for CSR Account number: 00012560004973 RTGS/NEFT IFSE: HDFC 0000001 Bank Address: 101-104 Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai 400021 Maharashtra  online payment: Please go to our website www.iccsr.org for online registration and payment

For further queries, contact: Ms. Arpita Singh, Email: registrar@iccsr.org, Mobile: 98200 38878


sustainability

9 Innovations to Slash Food Loss Firms can add to their bottom lines by reducing waste-disposal fees, generating savings through improved inventory management, gaining tax deductions for donations or selling organic matter to others by mike hower

32 | CSR Today | November 2014

Photo Courtesy: www.belvynaglobal.com

I

t’s no secret that food waste is a mounting problem in the United States. In 2010 31 percent – or 133 billion pounds – of the 430 billion pounds of the national food supply went uneaten, according to a report released earlier this year by the U.S. Department of Agriculture. This equates to around $161.6 billion, based on average retail prices. Before you go reprimanding your children for wasting their vegetables, keep in mind that food waste is only responsible for a portion of overall food loss. Food waste is related to consumer and retailer behavior, while food loss speaks to the diminishing level of edible food throughout the production, harvest, post-harvest and processing stages of the supply chain. Besides consumer and retailer behavior, other culprits contributing to food loss include the perishable nature of most foods (technical factors); the time needed to deliver food to a new destination (temporal and spatial factors); and costs to recover and redirect uneaten food to another use (economic factors).


SUSTAINABILITY CAPITAL

Stamp of Approval Brings Global Opportunities to Local Building Companies Companies that specialise in services such as architecture, quantity surveying, and energy performance contracting can access global opportunities with the Green Services Certification endorsement from the Singapore Green Building Council. by vaidehi shah

40 | CSR Today | November 2014

Photo Courtesy: blog.usa.skanska.com

R

ecycled construction materials and energy efficient fittings may make a building sustainable, but it takes more than just brick and mortar to inspire a culture of environmentally-conscious building practices. This was the rationale that led some members of the Singapore Green Building Council (SGBC) to develop a certification scheme that would endorse sustainable building services, in addition to its existing scheme for green building products. This scheme certifies a wide variety of construction materials such as cement, paints, and window coatings based on stringent criteria; these products qualify for additional scores under Singapore’s national certification programme for green buildings, the BCA Green Mark. In a recent interview with Eco-Business, Lee Siew Eang, honorary advisor to SGBC, recalls that some SGBC members from architecture and quantity surveying firms who were not eligible to apply for SGBC’s product certification scheme said


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