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Journey towards Sustainability - Evolution, Dr.P.Modak


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Dr.Modak's presentation at Disha, 8th Sept 2013

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Journey towards Sustainability - Evolution, Dr.P.Modak

  1. 1. Dr. Prasad Modak Ekonnect Knowledge Foundation Journey towards Sustainability - An Evolution
  2. 2. Outline of the Presentation • Some Historical • An Introduction to Sustainability • Sustainability Evolution in Tiers • Opportunities and Challenges 2
  3. 3. How did it all begin?
  4. 4. Before Sustainability… Compliance as the Focus 4 Public Health Engineering Sanitary Engineering Environmental Engineering Environmental Science Environmental Health & Safety Environmental Law
  5. 5. Expansion, Extension, Integratio n & Specialization Responding to Sustainability 5 Environmental Planning Environmental Economics and Finance Environmental & Social Development Environmental Policy Environmental Communication Environmental Management Carbon Management
  6. 6. SUSTAINABILITY Introduction to 6
  7. 7. Sustainable Development 7 “Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” ~ Brundtland Commission, “Our Common Future”
  8. 8. 8 People ProfitPlanet
  9. 9. © Environmental Management Centre The Concept of Sustainability Running for Sustainability Risk or Opportunity? 9
  10. 10. © Environmental Management Centre The Concept of Sustainability Benefits • Be compliant • Reduce risks • Reduce costs • Maximize performance • Establish Brand • Better Stakeholder Management (Neighborhood, Staff, Supply Chains) • More effectiveness in Discharging CSR • Framework for Transparency Improves Outcomes Optimizes operations Sustainability in an Organization Reduces Adverse Env and Social Impacts/ Risks
  11. 11. © Environmental Management Centre The Concept of Sustainability Shades of Sustainability 11
  12. 12. Evolution of Sustainability 12
  13. 13. Four Tiers of Sustainability 13 Tier 1 • Compliance to Env Laws and Social Standards • Establishing Environmental and Social Governance (ESG) Tier 2 • Minimizing Footprints (Water, Energy, Carbon) Tier 3 • Greening of Supply Chains/ Green Purchasing • Stakeholder Engagements • Social Inclusion Tier 4 • Embedded Sustainability • Sustainability as Business Driver Going Beyond Compliance Extending Boundaries Mainstreaming Meeting laws of the land, Market / Investor requirements
  14. 14. 14 Compliance – Meeting Laws of the Land and Requirements of the Market / Investors Compliance with procedures Generate and Maintain Associated Documentation Investing on mitigation measures Deploying qualified staff Monitoring and Reporting Tier 1:Compliance Minimum Eligibility Criteria for Sustainability
  15. 15. 15 Beyond Compliance – Practicing „Smart‟ Sustainability Water & Energy Conservation Green Buildings ISO 14000 & 18000 Certification Practicing 3Rs Carbon Disclosure Responding to Climate Change Tier 2: Beyond Compliance Conserve resources Reduce Wastes/Emissions Reduce risks and vulnerability Join International Initiatives
  16. 16. “In a free enterprise, the community is not just another stakeholder in business but in fact the very purpose of its existence”. – J.R.D. Tata Expanding Frontiers 16
  17. 17. 17 Extending Boundaries CSR Green Jobs and Social Inclusion Green Purchasing Assistance to suppliers for EHS performance Contractor Skill Training and EHS Management Extended Producer Responsibility Tier 3: Extending Boundaries Green Purchasing Greening of Supply Chains Supporting Communities in Project Catchments Practicing CSR
  18. 18. 18 Embedded Sustainability Green IT Green Schools Green Offices Eco-cities Smart Cities Renewable Energy Distributed Generation of Power Sustainable Mobility Solutions Conservation Finance Climate Insurance Impact Funds Tier 4: Embedded SustainAbility Sustainability as the Business driver Mainstreaming Sustainability Sustainability Awareness Programme Sustainabillty Reporting
  19. 19. 19 To make sustainability an everyday, enduring part of the organization, it needs to become embedded in the organizational culture. Dr. Stephanie Bertels Simon Fraser University and NBS Embedded Sustainability
  20. 20. Sustainability @Corporate? 201X? 20
  21. 21. Ecosystem Pays.. Will it continue to Pay? 21
  22. 22. 22
  23. 23. CHALLENGES 23
  24. 24. Sustainability Challenges Businesses Greenwash Considered as marketing gimmick No tangible outcome Hard to define Lack of metrics for footprint calculation Regulators Lack of policy framework No incentives to spur innovation Lack of qualified personnel Considered as ‘cost’ without Social Return on Investment No life cycle thinking Top management not involved Supply Chains not considered Not a business ‘strategy’ Consumers not interested Lack of proper communication Lack of structured framework to stimulate markets 24
  25. 25. 25
  26. 26. 26 People ProfitPlanet Social inclusion Green jobs Low Carbon Living Green buildings Smart cities Green economy Conservation Finance Business practices with low environmental and social impacts INNOVATIONSUSTAINABILITY
  27. 27. 27 People Profit Planet Values Social inclusion Green jobs Low Carbon Living Green buildings Smart cities Green economy Conservation Finance Business practices with low environmental and social impacts SHARED RESPONSIBILTYSUSTAINABILITY Ethics Equity Transparency
  28. 28. Do you want to be that odd man green? 28
  29. 29. Let us walk together … Be part of the Process Thank you
  30. 30. Thank you