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SUSTAINABILTY IN
TRADING SECTOR
HarishV UM15021 Jaydeep Sahoo UM15023
Himanshu Chugh UM15022 Kanupriya Pandey UM15024
Ketan Choudhury UM15025
WHY SUSTAINABILITY
• Reduction in Cost
• Preservation of Resources
• Differentiation
• Meet the expectation from stakeholders
• Fulfil customer needs
• Enhance Social Image
• Attract BetterTalent
Pillars of Sustainability
Need inTrading Industry
Economy
EnvironmentSociety
Sustainability
INDIAN STANDARDS
Ethics
Transparency
Accountability
Product Life
Cycle
Sustainability
Human Rights
Businesses should conduct and
govern themselves with Ethics,
Transparency & Accountability
Businesses should provide goods
and services that are safe and
contribute to sustainability
throughout their life cycle
Businesses should provide goods
and services that are safe and
contribute to sustainability
throughout their life cycle
Source: NationalVoluntary Guidelines by SEBI
INDIAN STANDARDS
Environment
Protection
Policy
Advocacy
Stakeholder
Engagement
Businesses should respect the
interests of, and be responsive
towards all stakeholders, especially
those who are disadvantaged,
vulnerable and marginalized
Businesses, when engaged in
influencing public and regulatory
policy, should do so in a responsible
manner and be consistent with the
Principles and Core Elements
contained in these Guidelines
Businesses should utilize natural
and man-made resources in an
optimal and responsible manner and
ensure the sustainability of
resources by reducing, reusing,
recycling and managing waste
Source: NationalVoluntary Guidelines by SEBI
Employee
Well Being
Customer
Value
Inclusive Growth
& Equitable
Development
INDIAN STANDARDS
Businesses should promote the well
being of all employees including
right to freedom of association,
participation, collective bargaining
Businesses, while serving the needs
of the customers, should take into
account the overall well-being of the
customers and that of society,
ensure that they do not restrict the
freedom of choice in any manner
Businesses should understand their
impact on social and economic
development, and respond through
appropriate action to minimize the
negative impacts
Source: NationalVoluntary Guidelines by SEBI
GLOBAL STANDARDS
GLOBAL STANDARDS
FairTrade Certified ensures that
farmers follow internationally
monitored environmental
standards, while empowering
farmers and farm workers with
financial incentives and resources
for organic conversion,
reforestation, water conservation
and environmental education.
Corporate reporting on
sustainability issues aims to make
companies transparent and
accountable in their sustainability
efforts.
GLOBAL STANDARDS
Safe Quality Food Program – SQF
Members commit to gradually
ensuring that their sourcing
practices promote the
conservation of biodiversity,
respect traditional knowledge
and assure the equitable sharing
of benefits all along the supply
chain
Designed to meet the needs of
retailers and foodservice
providers around the world who
require ISO based food safety
and quality management
systems from their suppliers
GLOBAL STANDARDS
WIETA drives a pro- active world class
and sustainable ethical trade
programme for the South African wine
industry and aligned sector.WIETA
strives to ensure fair treatment,
respectful relationships and dignified
lives toward achieving a transformed
agricultural sector.
The ETI Base Code is a code of labor
practice, derived from the
Conventions of the ILO.The code is
generic, meaning that it is applicable
for any type of company, in any
place in the world. .The Base Code is
mostly applied for managing labour
practices in international supply.
Wine and Agricultural Ethical Trading
Association
ADANI ENTERPRISES
• Dedicated Department of
Horticulture: Green zones have
been developed in highly saline
sandy soil & water
• APSEZ recognized internationally
as a “World Ports for a better
climate”
• Pioneer of super-critical
technology in thermal power
plants
Environment
• Successful completion of the
mangrove afforestation in
1788Ha besides gap filling
work of mangrove
• Conservation of 1254Ha of
existing mangroves near its
port area
Mangroves
• Preservation of 87+ species in
terrestrial biodiversity and 4
species in marine biodiversity
• Green Zone development which
includes 25845 trees, 392250
shrubs and 28785 m2 green
carpet
• Adoption of Israel's Hi-Tech
Mechanised sprinkler irrigation
systems
Terrestrial
Source: Sustainability of Adani Group
MITSUI & CORPORATION LTD.
Environmental
Pollution
GlobalWarming
& Climate
Change
Energy & Water
Shortage
Loss of
Biodiversity
Universal
Declaration of
Human Rights
Following the
ILO Core Labour
Standards
Respecting
Indigenous
People
Develop
infrastructure
Provide
healthcare for
the aged
Create
employment by
developing local
industries
Engage in
recycling
Relationship
with supplier
that do not
violate
environmental
laws
Ensure fair
business practice
Follow anti-
corruption &
anti-competitive
behaviour
Provide equal
opportunities for
all
Source: 2016 Sustainability Report
HONDATRADING
Product
Resource
Cycle & 3R
efforts
Initiatives
in the field
of
Purchasing
Initiatives
in the field
of
Production
Initiatives
in the field
of
Transporta
tion
Initiatives
in the field
of Sales
Initiatives in
the field of
Product
Development
Initiatives in
the field of
Office
Administration
They recycle waste resources is collected from
manufacturing processes
Procure materials and parts that
have small environmental
footprints
Lessen environmental impact
by implementing power saving,
resource saving and zero
emissions
CO2 emissions management in the
transportation
Transforming used engine oil into
recycled heavy oil through
refining
Promotion Activities yet not
started
Promote green
offices
Source: 2016 Sustainability Report
REFERENCES
 Indian Standards in Trading Industry
(http://www.nseindia.com/content/equities/SEBI_Circ_13082012_3.pdf
http://www.mca.gov.in/Ministry/latestnews/National_Voluntary_Guidelines_2011_12jul2011.pdf)
 Global Standards in Trading Industry
(http://www.standardsmap.org/identify
http://www.unep.org/newscentre/Default.aspx?DocumentID=2724&ArticleID=9563)
 Adani Enterprises Sustainability (http://www.adani.com/sustainability/)
 Mitsui & Co. Ltd. Sustainability Report 2016 (http://www.mitsui.com/jp/en/csr/csrreport/)
 Honda Trading Sustainability Report 2016 (http://asia.hondatrading.com/en/csr/index.html)
THANKYOU

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(XIMB) Sustainability - Trading Industry

  • 1.
  • 2. SUSTAINABILTY IN TRADING SECTOR HarishV UM15021 Jaydeep Sahoo UM15023 Himanshu Chugh UM15022 Kanupriya Pandey UM15024 Ketan Choudhury UM15025
  • 3. WHY SUSTAINABILITY • Reduction in Cost • Preservation of Resources • Differentiation • Meet the expectation from stakeholders • Fulfil customer needs • Enhance Social Image • Attract BetterTalent Pillars of Sustainability Need inTrading Industry Economy EnvironmentSociety Sustainability
  • 4. INDIAN STANDARDS Ethics Transparency Accountability Product Life Cycle Sustainability Human Rights Businesses should conduct and govern themselves with Ethics, Transparency & Accountability Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle Source: NationalVoluntary Guidelines by SEBI
  • 5. INDIAN STANDARDS Environment Protection Policy Advocacy Stakeholder Engagement Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner and be consistent with the Principles and Core Elements contained in these Guidelines Businesses should utilize natural and man-made resources in an optimal and responsible manner and ensure the sustainability of resources by reducing, reusing, recycling and managing waste Source: NationalVoluntary Guidelines by SEBI
  • 6. Employee Well Being Customer Value Inclusive Growth & Equitable Development INDIAN STANDARDS Businesses should promote the well being of all employees including right to freedom of association, participation, collective bargaining Businesses, while serving the needs of the customers, should take into account the overall well-being of the customers and that of society, ensure that they do not restrict the freedom of choice in any manner Businesses should understand their impact on social and economic development, and respond through appropriate action to minimize the negative impacts Source: NationalVoluntary Guidelines by SEBI
  • 8. GLOBAL STANDARDS FairTrade Certified ensures that farmers follow internationally monitored environmental standards, while empowering farmers and farm workers with financial incentives and resources for organic conversion, reforestation, water conservation and environmental education. Corporate reporting on sustainability issues aims to make companies transparent and accountable in their sustainability efforts.
  • 9. GLOBAL STANDARDS Safe Quality Food Program – SQF Members commit to gradually ensuring that their sourcing practices promote the conservation of biodiversity, respect traditional knowledge and assure the equitable sharing of benefits all along the supply chain Designed to meet the needs of retailers and foodservice providers around the world who require ISO based food safety and quality management systems from their suppliers
  • 10. GLOBAL STANDARDS WIETA drives a pro- active world class and sustainable ethical trade programme for the South African wine industry and aligned sector.WIETA strives to ensure fair treatment, respectful relationships and dignified lives toward achieving a transformed agricultural sector. The ETI Base Code is a code of labor practice, derived from the Conventions of the ILO.The code is generic, meaning that it is applicable for any type of company, in any place in the world. .The Base Code is mostly applied for managing labour practices in international supply. Wine and Agricultural Ethical Trading Association
  • 11. ADANI ENTERPRISES • Dedicated Department of Horticulture: Green zones have been developed in highly saline sandy soil & water • APSEZ recognized internationally as a “World Ports for a better climate” • Pioneer of super-critical technology in thermal power plants Environment • Successful completion of the mangrove afforestation in 1788Ha besides gap filling work of mangrove • Conservation of 1254Ha of existing mangroves near its port area Mangroves • Preservation of 87+ species in terrestrial biodiversity and 4 species in marine biodiversity • Green Zone development which includes 25845 trees, 392250 shrubs and 28785 m2 green carpet • Adoption of Israel's Hi-Tech Mechanised sprinkler irrigation systems Terrestrial Source: Sustainability of Adani Group
  • 12. MITSUI & CORPORATION LTD. Environmental Pollution GlobalWarming & Climate Change Energy & Water Shortage Loss of Biodiversity Universal Declaration of Human Rights Following the ILO Core Labour Standards Respecting Indigenous People Develop infrastructure Provide healthcare for the aged Create employment by developing local industries Engage in recycling Relationship with supplier that do not violate environmental laws Ensure fair business practice Follow anti- corruption & anti-competitive behaviour Provide equal opportunities for all Source: 2016 Sustainability Report
  • 13. HONDATRADING Product Resource Cycle & 3R efforts Initiatives in the field of Purchasing Initiatives in the field of Production Initiatives in the field of Transporta tion Initiatives in the field of Sales Initiatives in the field of Product Development Initiatives in the field of Office Administration They recycle waste resources is collected from manufacturing processes Procure materials and parts that have small environmental footprints Lessen environmental impact by implementing power saving, resource saving and zero emissions CO2 emissions management in the transportation Transforming used engine oil into recycled heavy oil through refining Promotion Activities yet not started Promote green offices Source: 2016 Sustainability Report
  • 14. REFERENCES  Indian Standards in Trading Industry (http://www.nseindia.com/content/equities/SEBI_Circ_13082012_3.pdf http://www.mca.gov.in/Ministry/latestnews/National_Voluntary_Guidelines_2011_12jul2011.pdf)  Global Standards in Trading Industry (http://www.standardsmap.org/identify http://www.unep.org/newscentre/Default.aspx?DocumentID=2724&ArticleID=9563)  Adani Enterprises Sustainability (http://www.adani.com/sustainability/)  Mitsui & Co. Ltd. Sustainability Report 2016 (http://www.mitsui.com/jp/en/csr/csrreport/)  Honda Trading Sustainability Report 2016 (http://asia.hondatrading.com/en/csr/index.html)