Page 7 - CESD Annual Report 2022_Page01-46
P. 7
Given the scale of the challenges that the resilience. The Charter has over 204 The Centre recognizes and awards
world faces, urgent and concerted signatories from a variety of sectors companies that have demonstrated
endeavours are required. There is ranging from hard-to-abate sectors to excellence in implementing measures
pressing need for governments, multi-sector diversified businesses, that make their businesses sustainable
enterprises and all sections of society to MSMEs and service sectors. To drive and inclusive. The one-of-its-kind CII-ITC
collectively address issues related to climate action within the MSME sector, the Sustainability Awards were instituted to
environmental degradation to build a Centre has designed a customized toolkit recognise and reward enterprises that
sustainable future for all. Businesses in which enables MSMEs to assess their deliver high shareholder value
particular with their immense wherewithal carbon footprint and take appropriate simultaneously with environmental
are in a unique position to create mitigation measures. This toolkit has been enrichment and social inclusiveness. In
innovative solutions to tackle climate implemented in seven clusters across the past 17 years, 1131 businesses have
change and make operations sectors such as textiles, light engineering, applied and 375 have been recognized.
ecologically and socially compatible. auto components and fabrication, food More than recognition, the Awards
processing and confectionaries as well as measure performance and provide
It is in this context that the work of CII-ITC recyclers. detailed feedback to companies, for
Centre of Excellence for Sustainable opportunities to excel.
Development (CESD) assumes great Businesses in India today recognize the
relevance. The Centre, while creating a risks and opportunities presented by With an impressive portfolio of
significant repertoire of subject matter climate change as well as the importance Sustainable Alliances and Brands, the
knowledge in sustainability and has of being future-ready. They are therefore Centre will continue to leverage its
developed platforms to dynamically incorporating sustainability in their position as an all-inclusive ecosystem
engage in the areas of Climate Action, operational frameworks. Several player and work collaboratively with all
Biodiversity, Air Pollution, Plastics, Circular businesses are working towards reducing stakeholders towards a sustainable
Economy, ESG, Supply Chain Sustainability their environmental impact and future.
among others and mobilise collaborative enhancing their social and governance
industry action. The Centre has created standards by integrating ESG concerns I sincerely hope that you will find the
an ecosystem with a vision to drive into their decision-making processes. This fourth edition of our Annual Report
transformative action for sustainable is also because of the rise of investors informative and helpful.
development where Government, integrating ESG factors in their decision
Businesses and Stakeholders work making. In order to support companies in
together towards addressing the most their ESG journey, The Centre has also
pressing global macro challenges. launched ESG Intelligence & Analytics Mr Sanjiv Puri
services. The objective is to help
President Designate, CII
The CII Climate Action Charter (CCAC) companies identify key ESG gaps in line Chairman, Advisory Council
launched at the 17th Sustainability with key material issues for the sector to CII-ITC Centre of Excellence for
Summit provides a platform for Indian which the company belongs. The centre Sustainable Development, and
businesses to map Climate Change as a has also introduced an initiative called
material risk across value chains and Eco Edge to help companies manage ESG Chairman & Managing Director
develop long-term actions to build risks in their value chains. ITC Ltd
Commitment Towards a Sustainable Future 07
