The world grapples with the effects of the COVID-19 pandemic; systemic disruptions in the overall economy, health & social sectors have been alarming. Undoubtedly, the COVID-19 crisis calls for urgent actions by governments, businesses and individuals to shape a better, resilient and sustainable world in the future and are redefining the way business operations will be run across sectors and geographies. The lockdown mandated for the last couple of months by the Government of India and other measures such as, self-isolation, social distancing and domestic travel restrictions have impacted the timelines of our assessment cycle for the F&S- TERI Sustainability 4.0 Awards. But we remain committed to continue to work with you and fulfil our commitments. During these exceptional times, the health and well-being of our customers, partners and our team is our biggest priority. We intend to complete the assessment cycle by end of July 2020. This will be followed by award announcement and a virtual banquet in August. Further details of the program will be shared with you towards the end of assessment cycle. Thank you for your understanding, as we all wrestle with this global health crisis! . We look forward to bringing to you 2020 F&S- TERI Sustainability 4.0 Awards, until then, Stay healthy, Stay Safe!
The “Sustainability 4.0 Awards” is designed to honor the efforts made by companies who actively integrate sustainability principles into their business culture. We believe such organizations along with economic value creation also contribute to healthy ecosystems and stronger community. The awards platform instituted in 2009 has evolved in its scope and boundary ever since its inception. It has been through a series of transformation in the scope of assessment, sector coverage and the program title itself. The focus has enhanced to cover all elements of a sustainable organization instead of heavily focusing on environment sustainability.
"To assist adoption of sustainable development practices in the organizations and recognize the efforts of front runners through a healthy benchmarking process”.
Amol Kotwal, Vice President, Industrial Practice
Frost & Sullivan - South Asia
In the 21st century, Sustainability is not an option available for businesses; rather an indispensable part of being resilient, proactive, and progressive with changing times!!!
Partnering with TERI has further fostered our commitment and action plan on this journey. By launching the eleventh edition of Sustainability 4.0 Awards, we intend to have large number of companies moving towards a structured sustainability agenda.
I hereby take this opportunity to personally invite you to be part of this exciting assessment, and recognition program.
Dr. Ajay Mathur, Director General, TERI
Success breeds more success and nothing amplifies successful behavior more than recognition in a framework of aspiration. We at TERI are proud to partner with Frost and Sullivan in this initiative to recognize best practices in sustainability.
The Sustainability 4.0 Awards reflect our common commitment to provide a measurable and verifiable framework for sustainability, and to honor the efforts of businesses to meet and to better these benchmarks.
We look forward to have you with us on this journey, which would lead to a better future for all of us.
In its eleventh edition, Frost & Sullivan and TERI presents the Sustainability 4.0 Awards 2020 that aims to highlight the need for linkages between an organization’s strategy, governance & financial performance and the social, environmental & economic context within which it operates. This program enables businesses to take more logical & sustainable decisions that ensures long term stakeholder value.
Businesses across the globe share the most 'common' precious asset - PLANET EARTH. The Industrial revolution, over the years, has dramatically changed the earth’s ecosystem and our relationship with it. Today, businesses are dealing with a complex and unprecedented brew of Environmental, Social and governance (ESG) risks. The effort by the businesses to sustain and overcome this challenge is not only necessary, but also makes a good business sense. "Sustainability" is foreseen as an increasingly important strategic tool to address these risks. Embedding sustainability with economic value creation, will redefine the business ecosystem by creating value for all stakeholders, build safer environment and stronger community.
The Sustainability 4.0 Awards is designed to acknowledge the effort made by businesses towards achieving this objective. Through this initiative, we aspire to assist organizations unearth the risks, leverage onto the opportunities, enable them to benchmark their performance, and of course be rewarded for their accomplishments.