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
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