Page 62 - CESD Annual Report 2022_Page01-46
P. 62
Activity during the year
Integrating Sustainability in Value Chains of Companies
Eco Edge started with a pilot project of Eco Edge created capacity of
an Automobile Company. The project third-party professionals who will
Eco Edge: Integrating Sustainability
looks at integration of sustainability in support the assessment of companies
in Value Chains of Companies
OEM and its 17 vendors, which includes signing up. Around 7 seven
11 suppliers and 6 dealers professionals were trained in 2022 on
the Eco Edge Framework and
Introduction Another OEM with 11 vendors has signed Methodology
up the Eco Edge initiative. Work to
Integration of sustainability across
progress in 2023
value chains tobuild resilience is
need of the hour. Value
chainswhich also include SMEs
have massive environmentaland
social footprint. This includes
emissions, unsafeworking
conditions, issues around wages,
inequality,waste handling etc.
These issues pose ESG risks to
sourcing companies. Eco Edge, an
initiative of CII-ITC Centre of
Excellence for Sustainable
Development intends to help
companies manage these risks in
an integrated manner by working
with their value chains.
62 Commitment Towards a Sustainable Future