- Category: Low-Carbon Biz
23 Jul 2013
- Published on Tuesday, 23 July 2013 09:25
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World Resources Institute India, The Energy and Resources Institute, and the Confederation of Indian Industry have formally launched a voluntary initiative that will standardize measurement and management of greenhouse gas emissions in India.
The voluntary initiative called the India Greenhouse Gas Program was made to promote profitable, sustainable, and competitive business. Specifically, the main objective of the program is to help companies in the country monitor their progress towards voluntary reduction goals consistently and credibly.
Under the program, companies will be provided with tools and technical assistance to build inventories, indentify reduction opportunities, establish annual and long-term reduction goals, and track their progress based on the most widely used emissions accounting and reporting standard in the world, the GHG Protocol.
“The India GHG Program aims to make measurement and management of GHG emissions standard practice for Indian businesses seeking a more competitive, profitable and sustainable business environment,” said Jamshyd Godrej, chairman, Godrej & Boyce Mfg. Co. Ltd. and chairman, Board of Directors, W.R.I. India.
Mr. S Raghupathy, Executive Director of C.I.I. – Godrej Green Business Centre, noted that the program will have a crucial role for the country.
“C.I.I. is working with various stakeholders in facilitating GHG emissions reductions, leading to India achieving its 20-25 percent committed reduction in GHG emission intensity by 2020. We see the India GHG Program as a strong step towards having industry lead GHG emission reduction initiatives, share best practices and mitigate carbon risks,” he explained.
Making the program possible are its supporters: Shakti Sustainable Energy Foundation, Pirojsha Godrej Foundation, and Federal Ministry of Environment, Nature Conservation & Nuclear Safety, Germany.
Founding member companies of the program include Godrej & Boyce, HCC Limited, Ford Motor Company (India), Mahindra Sanyo Steel, Jet Airwats, Tata Teleservices, Bayer Group, Infosys Technologies, Tata Chemicals, NTPC, ITC, Yes Bank, Cummins India, Forbes Marshall, JK Tyres, Shree Cements, United Technologies, Ambuja Cement, and GAIL. – EcoSeed Staff