NutShell – GCNI Tri-annual Newsletter Dec 2013 - March 2014

Centred on the theme‘Transformational
Leadership: Ways to Sustainability and Success’,
the 9th National Convention was successfully
conducted on 14th February 2014 in New Delhi
at ITC Maurya. The National Convention is a
flagship event of the Global Compact Network
India (GCNI), organised for the first time in 2004.
The National Convention is the largest platform
conceptualised by GCNI to bring together
opportunities for learning and sharing between
the member companies and organisations.
9th National Convention:
Transformational Leadership:
Ways to Sustainability and Success
President’s Desk
Dear Members,
I am pleased to inform this
assembly that our Network
completed a decade last year.
It was in Nov 2003 when we
registered as a Society with
a membership of forty two
organisations. ONGC, the
company that I am privileged to
lead was a founder member and
since then we have traversed this
extraordinary journey together
accomplishing many milestones
along the way.We organised our
first Annual Convention in April
2004 and since then each year
we meet our stakeholders to
discuss issues that are topical and
relevant to the prevailing context.
Over this decade we have been
the voice of advocacy of the
UNGC’sTen Universal Principles
that have found traction amongst
a small community of visionary
business leaders. Admittedly, this
club is small because translating
commitment to implementation
nutShellVol. 5
Issue III
Dec 2013 - Mar 2014
T h e G C N I n d i a T r i - annual N e wsl e tt e r
“Today the Global Compact, both
nationally and internationally, is the
largest voluntary corporate responsibility
initiative in the world and as India faces
challenge to meet the deadlines of the
Millennium Development Goals, and
as the social, political and economic
challenges (and opportunities) —
whether occurring at home or in other
regions — affect businesses more than
ever before, the principles and objectives
of the Global Compact have become even
more relevant”.
in the News in focus Meetings
Asia/Oceania Local Network Regional Meeting | 4
Women Empowerment Principles (WEPs) | 4
Global Compact Network India Completes 10 years | 5
Looking Beyond Compliance: Maldives Training | 5
Integrity Pact: From Commitment to Compliance | 6
Asian Business Responsibility Summit-2014 | 6
UN Global Compact - Accenture
CEO Study on Sustainability 2013
Insights from CEOs in the Global Compact
Network India | 10
Monthly Meetings | 14
Inthisissue
14-1344_UNGCInfograph_A0_Outline_HIGH RES.pdf 2 11/02/2014 12:03:47 PM
Contd. on page 3...
– Dr. M.Veerappa Moily
Union Cabinet Minister, Ministry of Petroleum &
Minister Environment and Forests (Additional Charge)

2 | Vol. 5 | Issue III | Dec 2013 - Mar 2014
nutShell
Inaugurating the National
Convention, Dr. M. Veerappa
Moily, Union Cabinet Minister,
Ministry of Petroleum & Minister
Environment and Forests;
stated that companies should
adopt new approaches to turn
sustainability into competitive
advantage. The event also
witnessed the launch of‘The
UN Global Compact-Accenture
CEO Study on Sustainability
2013: Insights from CEOs in the
Global Compact Network India’
newsin the
Sustainability in Business
Strategy to Drive Transformation’;
‘Leveraging the 2% CSR Bill to
Transform India’s Social Agenda’
and‘Leveraging the Public-
Private Partnership (PPP) to
Enable Transformation in the
Social and Environment Space’.
The event witnessed
participation of more than
400 guests from Corporates,
Government, NGOs, Civil
Society, Academia, Consulting
Firm, Media and other
stakeholders, including 50
CEOs, Managing Directors and
CMDs from public and private
sector together to discuss
issues of sustainability and
corporate social responsibility
in India.
Launch of the India
Report
The National Convention 2014
witnessed the launch of‘The
UN Global Compact-Accenture
CEO Study on Sustainability
2013: Insights from CEOs in
the Global Compact Network
India’by Dr. M. Veerappa Moily.
The UN Global Compact and
Accenture, in association with
the Global Compact Network
India (GCNI) launched the India
Report of the global study,
which examines the forces
shaping companies’approach
to sustainability in India,
the motivations influencing
business leaders and the
time that we have managed to
replicate the UNGC-Accenture
Global Study in India. It is
interesting to see how on some
levels the thoughts on Indian
CEOs completely resonate with
the global outlook, whereas
there are also stark contrasts on
some issues”.
One of the major highlights of
the Convention was the CEOs
Round Table, which witnessed
the participation of CEOs,
MDs and Chairman from PSUs
and the Private Sector who
deliberated on the theme of
‘Transformational Leadership:
Ways to Sustainability and
Success’. The session was
chaired by Mr. Peter Lacy,
MD, Strategy & Sustainability,
APAC, Accenture, Study lead
for Global and India study on
Sustainability. Other panellists
included Mr. Richard B.
Saldanha, Executive Director,
Blackstone; Mr. Lalit Kumar
Gupta, Managing Director
& CEO, Essar Oil Limited; Dr.
Ramesh Kapur, Chairman &
Managing Director, Radisson
Blue Delhi; Mr. R.P. Sasmal,
Chairman, Vizag Transmission
Limited & Director
(Operations), Power Grid
Corporation of India Limited;
and Mr. Kamal Meattle, CEO,
Paharpur Business Centre.
The post lunch session was
divided into three thematic
tracks namely‘Embedding
potential for transformation for
a fast-growing economy like
India. The report includes views
of 32 CEOs, CMDs, Presidents
and MDs from public and
private sector, on sustainability.
Launch of Business for
Peace Initiative
The 9th National Convention
also witnessed the launch of
Business for Peace (B4P) Initiative
in India by Dr. M. Veerappa Moily.
Business for Peace (B4P) is a
business leadership platform
launched by the UN Secretary-
General Ban Ki-moon during
the Leaders Summit 2013 on
20th September 2013 and aims
to expand and deepen private
sector action in support of peace
in the workplace, marketplace
and local communities. The
India launch of B4P Initiative is
the second country launch after
Colombia.
and the‘Business for Peace
(B4P) Initiative’. Concluding the
address, the Minister asserted
that to create a sustainable
future for the future generation
the country must secure its
energy needs.
Talking about the India Report
at the Convention, Mr. Sudhir
Vasudeva, President, GCNI and
CMD, ONGC said,“This is the first

nutShell
...Contd. from page 1
is a steep challenge that frequently entails
charting unmarked territory. Global
templates, though certainly useful at a
conceptual level, have to be tempered
with local imperatives and re-designed to
address prevailing ground realities.This
entails doggedly staying the course for a
‘hit-and-trial’iterative process to play out
as well as time of the senior management
that is arguably the biggest investment.
The added challenge these leaders face is in
making a business case for the sustainability
agenda that justifies allocation of additional
investment and commitment of resources,
especially when competitors remain blithely
committed only to profits, with people and
planet being relegated to the periphery
of their business model. Such inequity in a
fiercely competitive environment places great
strain and I am therefore grateful to this small
albeit select band of leaders who continue to
lead the sustainability agenda in this country.
Mercifully, this is changing and more business
leaders are becoming aware of the need to
include the sustainability agenda into their
corporate portfolio, supported by initiatives
of law-makers in promulgating enabling laws
and providing additional incentives that help
support formulation of a business case for
investment and commitment of resources to
company Boards.We can therefore rest easy
and stay the course for a gradual movement
to evolve and play out. However, we do
not enjoy the luxury of time in view of the
immediacy of the emerging situation.
So what exactly is this situation that defines
our context?
Musings from Davos, this year where global
business leaders congregate annually is a
good indicator. For the first time since the
global economic crisis overtook us, business
leaders focussed on long-term challenges
rather than short-term economic crisis.The
news is that leaders expressed deep anxiety
about the risk to future global prosperity
from high unemployment, social tensions
that have sparked riots across geographies,
widening income disparity between the rich
and the poor and the destabilising effects of
technological change.
Business leaders found income disparity
and unemployment being particularly
detrimental as they could undermine future
demand for consumer goods and housing
and good governments to impose tighter
regulations on companies. In addition they
would lead to social unrest thereby further
dampening business opportunity and
consumer sentiment.
The rich are becoming richer and the poor are
becoming poorer. According to the Oxfam
Report on political capture and income
inequality, released in January:
• Almost half of the world’s wealth is
now owned by just one percent of the
population.
• The wealth of the one percent richest people
in the world amounts to $110 trillion.That’s
65 times the total wealth of the bottom half
of the world’s population.
• The bottom half of the world’s population
owns the same as the richest 85 people in
the world.
• Seven out of ten people live in countries
where economic inequality has increased in
the last 30 years.
• The richest one percent increased their share
of income in 24 out of 26 countries on which
Oxfam had data between 1980 and 2012.
This report concludes:“This massive
concentration of economic resources in the
hands of fewer people presents a significant
threat to inclusive political and economic
systems. Instead of moving forward together,
people are increasingly separated by
economic and political power, inevitably
heightening social tensions and increasing the
risk of societal breakdown”.
The globe is already alive with social unrest.
Rebellion and protest from within Sovereign
States are emerging as the biggest threats
to democratically elected Governments.
Regrettably, powers that we are yet to
accept this new-age phenomena and still
resort to use excessive force to quell what
they perceive as rebellion to their authority,
alas, with increasingly diminishing returns.
Trust in Government Institutions is running
dangerously low and a new re-negotiated
balance of power between the rulers and the
ruled appears imminent. Societal breakdown
is a logical corollary if the moot issues fuelling
this social unrest are not addressed.
The International Labour Organisation
in its report in January this year warned,
“Employment isn’t expanding quickly enough
to keep pace with global population growth,
raising the prospect of a jobless recovery”.
The connect between technological change
and unemployment was evidenced from
the interest business leaders at Davos gave
to 3D Printing technology that threatens to
radically alter the traditional manufacturing
practices thereby completely altering not
only the manufacturing process but also the
entire logistics value chain associated with it.
Mainstreaming of such radical technology and
advances in traditional automation processes
will unerringly lead to unemployment.
It is this context that places business
leaders’smack in the middle of the global
sustainability agenda.The relationship status
that emerges from the discussion above is
‘symbiotic’; if we were to define it in one
word.We would not need to prepare business
cases for each sustainability initiative that
we undertake if risk registers of companies
uniformly accept these dimensions as being
adequately potent in completely destabilising
business models unless addressed on priority.
Alas! this will take time and what is collectively
understood and generally agreed upon
in meetings such as at Davos, will not
automatically migrate to the individual
company’s Board Rooms and impact its
business paradigm; at least in the short term.
Therefore until this maturity prevails and
this thought becomes collective wisdom
leading to concerted action, we will need
to rely on the‘Transformational Leadership’
of visionary business leaders who will drive
the sustainability agenda forward.We are
grateful to our Knowledge Partner, Accenture
for defining seven elements that constitutes
‘Transformational Leadership’.They are:
• Realism & Context: Understanding the
scale of the challenge and the opportunity
• Growth & Differentiation:Turning
sustainability to advantage and value
creation
• Value & Performance:What gets
measured, gets managed
• Technology & Innovation: New models for
success
• Partnerships & Collaboration: New
challenges, new solutions
• Engagement & Dialogue: Broadening the
conversation
• Advocacy & Leadership: Shaping future
systems
These seven elements will be discussed in
detail further in the elaborate agenda that we
have for this convention today. Mr. Peter Lacy,
Managing Director - Strategy & Sustainability:
Asia – Pacific Accenture is with us today and
we will have the opportunity to listen to him
expanding further on these elements and
hopefully toward the evening we will be
equipped adequately to incorporate them
into our business practices.We will also have
opportunity to glean insights from‘The UNGC
– Accenture CEO Study on Sustainability 2013’
especially for India and this will be formally
released at the hands of Dr. Moily.
I am also pleased to report that we will launch
the Business for Peace Initiative of the United
Nations Global Compact in India that was
launched globally at the Leaders Summit at
NewYork in September 2013.This leadership
platform is designed to assist companies in
implementing responsible business practices
that are aligned with the Global Compact
Principles in conflict-affected and high-risk
areas. It will also catalyse collaborative practical
action to advance peace by leveraging
business influence on the workplace,
marketplace and local communities. Mr. Georg
Kell, Executive Director, UNGC, has flown-in
especially to grace this Convention and we will
have opportunity to hear him speak further on
this Initiative.
President’s Desk

nutShell
Global Compact Local Network representatives from Asia and
Oceania met in Jakarta to discuss implementation of the Global
Compact’s Ten Principles in the region during the Local Network
Asia Oceania Meeting. The meeting gave an opportunity to
learn from the achievements of other Networks and to share
experiences on the processes and issues relevant within the
regional context as well as to discuss regional challenges and
opportunities and to identify potential regional approaches and
joint activities.
The Asia Oceania Meeting, an annual event, for the year
2013-14 was organised by Global Compact Network Indonesia
in association with the members of the local network in Jakarta
between 24th February 2014 and 26th February 2014. The
meeting highlighted the activities and engagements of the
companies in Indonesia and provided opportunity for regional
Asia/Oceania Local Network Regional Meeting
members of Global Compact to showcase their activities in their
respective countries.
The event witnessed representation from 40 local networks and
40 Indonesian local network companies. The local network of
India, Global Compact Network India (GCNI), was represented
by Mr. Pooran Chandra Pandey, Executive Director, who shared
the experience and progress of the Indian Network with respect
to its activities and engagement with its stakeholders. GCNI
highlighted the successful completion of the India Collaboration
Lab, the India Sustainability Dialogue, and the 9th National
Convention 2014. Mr. Pandey also apprised the participants
about the launch of Business for Peace Initiative in India and
the launch of ‘The UN Global Compact-Accenture CEO Study on
Sustainability 2013: Insights from CEOs in the Global Compact
Network India’.
newsin the
Global Compact Network India (GCNI) in partnership with
CARE India and UN Women organised two consultations in
Chennai and Bangalore on 31st January 2014 and 28th February
2014 respectively, on Women Empowerment Principles. The
consultation is organised as a part of the series of consultations
that are being organised to promote the adoption of WEPs in
India. The consultation was attended by Senior Women Business
Professionals and Civil Society Organisation representatives who
deliberated on the theme of ‘Corporate Perspective on Women’s
Empowerment – Challenges and Opportunities’.
These consultations aim at initiating discussion among
Corporates on measures to empower women to participate
Women Empowerment Principles (WEPs)
fully in economic life across all sectors. To achieve this, it is
essential to build stronger economies, achieve internationally
agreed goals for development and sustainability, and improve
the quality of life for women, men, families and communities.
The consultations are a part of the project supported by the
Foreign and Commonwealth Office of the UK Government to
build a stronger commitment to gender equality and women’s
empowerment within corporate sector in India. The project
builds upon the work that GCNI, UN Women and CARE India have
done so far to help strengthen the commitment to and practice
of gender equality principles in the private sector through the
WEPs Project.

nutShell
Global Compact Network India Completes 10 years
Snapshot of the Milestones of Global Compact Network India
newsin the
In taking forward the agenda of facilitating and developing
platforms for inter-network collaboration, Global Compact Network
India and Global Compact Network Maldives, collaborated to offer
the Corporates in Maldives with the opportunity to understand the
importance of Sustainability reporting framework and share good
practice cases on Sustainability and Corporate Governance from
India and Maldives, through a day long training programme.
Towards meeting this objective, Global Compact Network India
conducted a training programme on Communication of Progress
(CoP) Reporting titled‘Looking Beyond Compliance: Embracing
Effective Corporate Governance and Sustainability Practices’at
Paradise Island Resort, Paradise Island, Malé in Maldives for the
Maldivian local network companies on 7th December 2013. The
training was conducted by Mr. Pooran Chandra Pandey, Executive
Director, Global Compact Network India, and included hands on
exercises along with sharing of useful insights and experiences on
Sustainability and Corporate Governance. Ms. Azusa Kubota, RR
and Coordinator, Programmes and Operations, UNDP Maldives,
delivered the opening remarks at the event.
The training programme included sessions on‘Reintroduction
to Global Compact Principles’,‘UNGC Management Models
and Reporting of Performance on the Universal Principles,
CoP’,‘Experience Sharing on CoP by Maldivian Companies’and
presentation on‘Vazeefage Dhaftharu’by Ministry of Human
Resource, Youth and Sports.
Looking Beyond Compliance: Maldives Training
For Indian business and industry, whether in the public or private
sector, corporate social responsibility has always been a paramount
concern in policy, operations and social outreach. In the Indian
context, it embraces all that which goes into the interaction
of companies with the market and the public sphere. The new
Companies Act has provided a sharper focus to the meaning
and implications of corporate social responsibility. What its letter
and spirit call for is a shared mission of care with the agencies,
governmental and non-governmental, as well as movements
CSR: A Partnered Approach in Implementation;
Corporates, B-Schools & NGOs
and groups that are absorbed in the labours of socio-economic
development and sustainability.
Under this background a workshop was hosted by Global Compact
Network India, XIME, and CRY on 15th March 2014 in Bangalore,
which addressed a wide range of possibilities and issues of CSR in
terms of corporate actions and the interface of companies with
multiple stakeholders, notably non-governmental organisations,
business schools and social entrepreneurs.
December 2000
Launch of Global Compact Society
November 2003
Registered as a society with 42 organisations
April 2004
The first National Convention
of Global Compact Society
organised
March 2005
Global Compact Regional Conclave in Jamshedpur
co-organised by Global Compact Society, Tata Steel
and CII
July 2005
The first Annual General Body Meeting
held
September 2007
The Knowledge Sharing and Monthly
Meetings started
December 2008
The Global Compact Society
sets up a Secretariat at New
Delhi
April 2009
The Governing Council Elections are introduced
July 2009
The first local chapter launched in
Mumbai. Currently, 5 local chapters
March 2010
GCNI hosts the Global Compact Asia Pacific
Regional Conclave in New Delhi
July 2010
Subir Raha Memorial Lecture
instituted
July 2011
• Global Compact Society becomes Global Compact
Network India (GCNI)
• The Foundation of the Global Compact’s Collective
Action Project awarded to GCNI
October 2012
First CEO Forum on Business and Human
Rights in New Delhi under the leadership
of Mr. N R Narayana Murthy, Founder,
Infosys
July 2012
GCNI collaborates with UN Women and Care
India to initiate engagements around the
Women Empowerment Principles (WEPs)
December 2012
The membership crosses 100
mark, currently 168 members
March 2013
GCNI and UNGC organise the CEO Water Mandate in
Mumbai
June 2013
Foreign and Commonwealth Office (FCO),
Government of UK awards UK Prosperity
Fund Project on Ethical Corporate
Governance to GCNI
September 2013
GCNI collaborates with Deloitte to conduct
six city training in Mumbai, Bangalore,
Hyderabad, Chennai, Delhi and Kolkata
on Sustainability, training about 300
participants
November 2013
Global Compact Network India
completes 10 years
February 2014
‘The UNGC-Accenture CEO Study on Sustainability
2013: Insights from CEOs in the Global Compact
Network India’and‘Business for Peace (B4P)
Initiative’launched on 14th February 2014 by
Dr. M. Veerappa Moily, Union Cabinet Minister,
Ministry of Petroleum and Minister Environment
and Forests (Additional Charge)

nutShellnutShell
A two-day International Conference on ‘Integrity Pact: From
Commitment to Compliance’ was organised by Global Compact
Network India (GCNI) and Transparency International India (TII) on
the occasion of UN Anti-Corruption Day (December 9) and UN World
Human Rights Day (December 10). The Conference was attended
by around 150 compliance/vigilance/procurement officers from key
public and private sector businesses of India, as well as delegates
from UK, Germany, Rwanda, Malaysia, Bhutan, Bangladesh and
Mauritius.
In his keynote address Mr. Pradeep Kumar, CentralVigilance
Commissioner of India, highlighted, “In India 28% of the Gross Domestic
Product (GDP) is spent on some form of Public Procurement Contract,
which is higher than the total GDP of some states in the country.” He
expressed, “A blend of both curative and preventive measures are
needed to control corruption in India, specific steps being e-procurement,
simplification of rules, objective evaluation of offers and prudent
management of contracts.”
The Conference through its various sessions deliberated on aspects
related to implementation of Integrity Pact (IP) and its achievements
& challenges, roles and responsibilities of Independent External
Monitors (IEMs), procurement integrity, transparency in defence
procurement, role of ombudsman in curbing corruption, red flags
in procurement, whistleblower protection and integrity issues in
e-procurement. In addition, the International experts also shared
country experiences of public procurement and integrity pact
implementation in their respective countries. The participants of
the conference recommended broadening the IP base to cover
more sectors, businesses and stages of procurement, trainings &
secretarial support for IEMs, penalisation for non-compliance of IP,
and motivation to private sector businesses to sign the IP.
The conference concluded with all the participants taking a pledge
to fight corruption and bribery in all its forms and strive to make a
better society.
Asian Centre for Corporate Governance & Sustainability in
collaboration with Global Compact Network India organised Asia
Business Responsibility Summit 2014 on 8th January 2014 at
International Convention Hall, Bombay Stock Exchange, Mumbai.
Two eminent guests Mr. Prashant Saran, Member SEBI & Judge
Mervyn King, Chairman, The International Integrated Reporting
Council (IIRC), UK, delivered keynote addresses. Judge Mervyn King
has the unique distinction of having authored King’s Committee
Report I, II and III on Corporate Governance. Dr. Ms. Teodorina
Lessidrenska – International Sustainability Consultant from Geneva
and several other eminent speakers spoke at the summit.
The event also hosted the Asian Centre Awards. The objective of
these awards was to raise the quality of Corporate Governance and
Sustainable Development and to recognise the companies, Industry
Asian Business Responsibility Summit-2014
Leaders & Directors, who are doing exemplary work in improving
these standards in their respective companies. Over the years these
awards have assumed a coveted status and have become a part of
yearly calendar of corporate India.
newsin the
Integrity Pact: From Commitment to Compliance

nutShell
newsin the
United Nations Office on Drugs and Crime (UNODC) and UNCAC
Coalition conducted a four day Multi Stakeholder Workshop on the
‘Review Mechanism for the United Nations Convention Against
Corruption (UNCAC)’ in Kuala Lumpur, Malaysia. The training was
attended by government officials and senior civil society members
from Asia Pacific Region. Ms. Jot Prakash Kaur, Research Associate,
Collective Action Project represented GCNI at the training.
First three days of the training were conducted by the UNODC team
whereas the fourth day training was conducted by UNCAC.
The four day training for the Civil Society Organisations (CSOs)
was divided into two parts, the first part was focussed on creating
understanding of UNCAC and the legal implication of various
provisions. The second part of the training was designed to make
the CSOs understand the review mechanism of UNCAC. The training
gave an opportunity for the CSOs to interact with the government
focal points (official government contact points for UNCAC
Multi Stakeholder Workshop on the Review Mechanism for the United
Nations Convention Against Corruption (UNCAC)
Anti-Corruption and Applied Ethics in
Business Education: PRME Approach
Business Ethics and Corporate
Transparency: Need for an Emerging
Market Discipline
review mechanism for UNODC and other associated parties). The
government focal points shared their experiences of preparing for
the review process which included the draft country report, getting
the report assessed by two other parties and review of the report by
UNODC and making suggestive changes in the final submission.
Global Compact Network India in association with Principles for
Responsible Management Education (PRME) and Indus Business
Academy (IBA) conducted a half day workshop at IBA’s Centre for
C-School in Bangalore on‘Anti-Corruption and Applied Ethics in
Business Education: PRME Approach’.
Prof. Subhash Sharma, Director, IBA introduced the workshop theme
and Prof. Shiv Tripathi, Professor, Mzumbe University, Tanzania, stated
that the mission of PRME is to inspire and champion responsible
management education, research and thought leadership globally.
Prof. Ronald E. Berenbeim, Adjunct Professor, Stein Business School,
New York University and Member of PRME Working group on Anti-
Corruption in Management Education conducted a brain storming
session exploring situations that occur in the normal functioning
of any organisation which are legally appropriate but ethically
contested. Prof. Berenbeim whilst talking about the challenges of
making changes in the present business school curriculum focussed
on‘how to integrate practical or applied ethics in business education
curriculum, with emphasis on functional problems and what
pedagogy should be used to effectively deliver the anti-corruption
education without deviating from core programme objectives’.
With a vision to embed ethical values in management studies
Global Compact Network India, in partnership with Alkesh Dinesh
Mody Institute of Financial and Management Studies, Mumbai
University announced a Call for Papers in December 2013 and
subsequently organised a National Student Conference on
‘Business Ethics and Corporate Transparency: Need for an
Emerging Market Discipline’ at Mumbai University Kalina campus
on 1st March 2014. The half-day conference had a panel comprising
of the five best papers emerging out of the national competition
and a unique business-academia dialogue was organised.
Industry experts like Mr. Anthony Lobo, CSR Advisor, TCS;
Mr. S. Chandran Principle Consultant Business Ethics, TCS;
Mr. Sriram Vinjamuri, Head Loan Against Property, Axis Bank; Col.
Arvind Gangoly, CEO & Founder, Schedulers Inc.; Prof. Ronald
Berenbeim, Adjunct Professor, New York University, USA; Mr. Shiv
Tripathy, Professor, Mzumbe University, Tanzania; Prof. Subhash
Sharma, Director, Indus Business Academy; and Ms. Chitra Nair,
Research Officer, GCNI; were part of this deliberation on business
ethics and management studies.

nutShell
storyphoto
50 Plus CEOs in the National Convention CEOs Round Table400 Plus Participants
Highlights of the 9th
National Convention inaugurated by the Chief Guest Dr. M. Veerappa Moily

nutShell
Three Thematic tracks centred on the themes of Sustainability, CSR, and Public Private Partnership (PPP)
National Convention
Launch of the India ReportBusiness for Peace (B4P) Initiative launched in India

nutShell
Sustainability is Key to Business Success, say Indian CEOs
Global Compact Network India and Accenture published the
India Report.
Two thirds of CEOs of Indian companies say that sustainability is
very important to the future success of their business, but less
than half (44 percent) think business is making sufficient efforts
to address global sustainability challenges, according to the India
Report.
The India Report tilted‘The UN Global Compact – Accenture CEO Study
on Sustainability 2013: Insights from CEOs in the Global Compact
Network India’, was launched by Dr. M.Veerappa Moily, Union Cabinet
Minister, Ministry of Petroleum and Minister Environment and Forests
(Additional Charge), Government of India, at Global Compact Network
India’s 9th National Convention at ITC Maurya.
The report is based on interviews and inputs from a range of CEOs
of leading Indian corporations across sectors and draws comparison
with the global CEO study on sustainability conducted by the UNGC
and Accenture in 2013, the largest survey ever conducted with
more than global 1,000 CEOs. For the India Report, the Accenture
and UN team gathered the views of 32 prominent Indian CEOs and
Global Compact members across sectors.
UN Global Compact - Accenture Ceo Study on Sustainability 2013
focusin
The report says that among the most significant differences
between Indian CEOs and their counterparts elsewhere is the
importance of communities in driving business responses on
sustainability. Sixty three percent of the respondents to the India
survey ever believe that in the next few years communities will have
the greatest impact on the way businesses will manage societal
expectations, versus 28 percent of CEOs globally and just 7 percent
in China. The report also reveals that only 16 percent of the CEO
sample in India says consumer demand is motivating them to take
action on sustainability, versus the global average of 47 percent.
The report emphasises that, in response to the challenges businesses
are facing in addressing sustainability issues, 97 percent of the Indian
CEO sample says that an increase in efforts by governments and
policy makers to provide an enabling environment for the private
sector will be integral to advancing sustainability.
In sync with the global view, in fact even more pessimistic, only
22 percent of the Indian CEO respondents feel that the global
economy is on track to meet the demands of a growing population
within global environmental and resource constraints.
But that is where the similarities tend to end. Indian CEOs personal
belief and conviction aligns more strongly about what they are
Insights from CEOs in the Global Compact Network India

nutShell
CSR: A Value Proposition for Business
International Symposium on Corporate Social Responsibility
Global Compact Network India (GCNI) in partnership with
Shikhar Organisation for Social Development organised the 2nd
National CSR Summit on 11th February 2014 at Hotel Sofitel,
Mumbai on the theme‘CSR: A Value Proposition for Business’. The
CSR Summit in Mumbai was second in the series of four planned
Summits and attracted all key stakeholders to discuss the
significance of CSR as a business proposition for businesses and
come out with agenda for action and implementation.
Amrita University’s Amrita School of Business in association
with the Centre for Sustainable and Responsible Organisations
(CSaRO), Deakin University, and Global Compact Network India
organised an International Symposium on Corporate Social
Responsibility from December 12-13, 2013 with Sustainability,
Governance and Effective Outcomes as the central theme. The
symposium aimed to foster thought leadership in the highly
dynamic and challenging areas of CSR and Sustainability.
The key themes discussed at the Summit were – Companies Act 2013;
Clause 135: Opportunities and Challenges; CSR and Social Change:
A New Paradigm; and Public Private Partnership Approaches in CSR
and Sustainability: Myth or reality. It offered the participants from
diverse backgrounds like NGOs, Corporate Foundations, Industries,
Government Departments, Media and the beneficiaries to develop
an understanding of corporate social responsibility for sustainable
comprehensive prosperity as per the new Companies Act 2013.
The two day symposium was inaugurated by Mr. Ashok Kumar Pavadia,
Joint Secretary, Department of Public Enterprises.“The concept of
CSR is widely debated but actually understood only by a few and
practiced by even less. It is conferences and forums like the IS-CSR
that help people understand CSR better and so is a very welcome
effort,”he noted. He also highlighted the need for a different approach
for developing countries as opposed to the practices followed in
developed nations.
focusin
doing and the effectiveness of it. Around 44 percent of the Indian
business leaders surveyed believe that business as a whole is
making sufficient efforts to address global sustainability challenges,
higher than the global average by 11 percent.
Other key findings include:
• Sustainability is firmly on the CEO agenda, but many are
struggling to make the business case for action.
• Local communities and government are driving action on
sustainability.
• CEOs identify challenges to accelerating progress on
sustainability, within their organisations and beyond.
• Sustainability initiatives in India are currently centred on
community projects, energy and reporting.
• As of now, Indian companies have evolved from a philanthropic
approach, and their priorities reflect the lens of proximity—
focussing on immediate concerns. Going forward, these
companies are expected to move to a more integrated
sustainability agenda.
“The Indian CEOs are dealing with a different situation from the
their global counterparts on sustainability issues,”said Peter Lacy,
Managing Director, Accenture Sustainability and Business Strategy
Services, Asia Pacific, who led the global and India studies.“They need
to balance rapid growth with sustainable development within the
political and cultural complexities of the world’s largest democracy.
According to the report, communities and governments are viewed
as the most important stakeholders in influencing the behaviour
of businesses in sustainability as opposed to consumers. That will
require businesses and policy makers to more effectively engage with
citizens to design the most appropriate approaches to sustainability.”
The CEO Study also highlights the ability of‘Transformational
Leaders’in sustainability to combine market-leading financial
performance with sustainability leadership. It reveals approaches to
sustainability by Transformational Leaders. For instance, they regard
environmental and sustainable issues as important to the success of
their business and reject traditional perceptions of sustainability as
philanthropy; they engage effectively with investors and NGOs; and
they measure and reward employee performance in sustainability.
Mr. Sudhir Vasudeva, President, GCNI said,“Indian companies realise
that it may not be possible to climb-up the sustainability curve by
aping practices adopted by developed nations, due to the unique
circumstances and challenges that we face. Therefore, they are
exploring various options and tailoring global best practices to fit
Indian contexts to find their own unique path toward achieving
inclusive growth through the sustainability agenda”.
Vishvesh Prabhakar
Managing Director – India
Operations & Sustainability Services
Accenture
vishvesh.prabhakar@accenture.com
Dr. Serge Younes
Director – India
Sustainability Services and Strategy
Accenture
serge.younes@accenture.com
Pooran Chandra Pandey
Executive Director
UN Global Compact Network India
pooran.gcn@gmail.com
newsin the

nutShell
Q.1Tell us something about
Breathe EasyTM
.What role does it
play in curbing air pollution?
Ans.1 Breathe EasyTM
is the Indoor Air Quality
(IAQ) division of PBC that takes a holistic
approach towards reducing indoor air
pollution while boosting energy-efficiency
levels of a building. Mechanically, we use air
purifiers and scrubbers to cleanse the air.
Naturally, we do it with the help of toxin-
removing plants.These are houseplants that
detoxify the air inside a building. Apart from
this, we adopt a 360° approach to ensure that
good quality of air is maintained indoors.
We recommend use of Green Seal Certified
housekeeping chemicals and furniture; zero-
VOC (Volatile Organic Compounds) carpets;
do not allow anyone to have food outside
designated area; seal the building envelope
and create positive pressure inside the
building.We are able to conform to ASHRAE &
WHO guidelines for Indoor Air Quality.
When you read newspapers, magazines or
any news portal, you get several reasons to
worry about the air quality. It is a common
misconception that air is only polluted
outdoors. In fact indoor air pollution is
typically up to 10 times worse than ambient
air.
At Paharpur Business Centre (PBC), we have
realised that with the frightening rise in the
levels of air pollution, breathing a gust of fresh
air has become a tough challenge for every
living being. At PBC,WE GROW FRESH AIRTM
.
We have developed an effective IAQ system
that uses unique and patented bio-technology
to purify air and pump mountain fresh air into
our building.
Breathe EasyTM
monitors and records the IAQ
readings, everyday. Since 1996, these readings
are being uploaded on our website, www.
pbcnet.com, on a daily basis.
Breathe EasyTM
also provides IAQ solutions to
homes and large and small corporate houses.
This includes IAQ testing, design, solutions,
implementation and consultation.
Barun Aggarwal
Director (Sales and Marketing), Paharpur Business Centre
speaks on Indoor Air Quality (IAQ).
“When it comes to pollution, people think only about the
pollution that takes place outside. But, indoor air is upto
10 times more polluted than outdoor air”.
Q.2 What are the benefits of good
indoor air quality?
Ans.2 Indoor air quality refers to the physical,
chemical and biological characteristics of air
inside a building. It can lead to some serious
health hazards like asthma; damage to liver,
kidney, and central nervous system; lungs
impairment, cancer and even death in extreme
case.
The impact that fresh air brings on the human
body are many. Good indoor air quality leads
to increased supply of oxygen in the body.
This further leads to lesser chances of suffering
from sleep apnea, forgetfulness, mood swings,
restlessness, fatigue, depressive thoughts and
more.
At PBC, we are able to lower the instances of
eye irritation by 52%; respiratory symptoms by
34%; headaches by 12%; lung impairment by
24% and asthma by 9% in the building because
of good indoor air quality [Source: Study by
Chittaranjan National Cancer Institute (CNCI),
Kolkata & Central Pollution Control Board (CPCB)
Ministry of Environment & Forests, GoI].
On average, we take 23,000 breaths in a day and
spend more than 90% of time indoors be it in
office or at home. Hence, it is necessary that we
pay close attention to this. By maintaining good
indoor environment, one can stay healthy and
live long and healthy.
Q.3 How is indoor air quality
related to energy efficiency?
Ans.3 Indoor Air Quality and Energy Efficiency
are inversely proportional to each other. It
seems a good idea to conserve energy by
sealing or closing the space so that the cooling
costs get reduced. But the points to ponder
about are, if we keep the building ventilated
and allow extra fresh air to move in then there is
an increase in the cooling costs as the ambient
temperatures can go up to 45°-50°C. However, it
does not have to be this way.
Let’s take our case as an example.We extract
viewINTER
fresh air from the optimum height where the
pollution level is comparatively less than the
air at the lower level. Air during the summer
season is very hot or warm and this indicates
that the building needs more energy to cool
the air in the building for comfort.We have
improved this problem too by installing a
Heat RecoveryWheel (HRW), designed as per
the specifications fixed by ISHRAE,The Indian
Chapter of ASHRAE.
In PBC, plants purify & improve the quality of air
within our building. As a result of which HVAC
has to pump in lesser amount of fresh air into
the building, so the load on HVAC reduces.
Plants that help in removing toxins from the
air are grown scientifically in self-regulatory
hydropones. Hydropones re-circulate water
and nutrients within its system for 10-15
consecutive days nullifying the chances of
plants having rotten roots and getting affected
by dust, molds, allergens and soil-borne
diseases. So, they are not required to be
watered on a regular basis nor demand too
much of labour.
Breathe EasyTM
has brought down the energy
consumption at PBC by over 20% while
improving good indoor air quality.
Q.4 Other than IAQ, what are the
key sustainability metrics in PBC?
Ans.4 Other than IAQ, the key sustainability
measures that PBC has taken up are energy,
water and waste management.
PBC is a BEE 5 Star rated building with an
AAhEPI of 28 whr/hr/m2
. This certification was
achieved in 2010. Currently, we are at 22 whr/
hr/m2
and we plan to be at about 16 whr/hr/
m2
in the next 3-5 months.This is about 25% of
most other commercial buildings of India.
At PBC, water has always been considered a
precious resource, which is monitored at all
inlet and outlet points daily. As water demands
and environmental needs grow, recycling &
reusing of water plays a major role in PBC,
helping us conserve and sustainably manage
our vital water resources.
We have installed sensor equipment like
sensor taps as they help in saving a huge
amount of water.
Some of the water conservation techniques
that we follow are:
• Drip Irrigation: The balconies of our
building have a large number of plants with

nutShell
In support of United Nations International Strategy
for Disaster Reduction (UNISDR), HCC in collaboration
with GCNI organised the India workshop on‘Disaster
Risk Resilience’on 27th February in Mumbai. It was a
day long workshop organised in the premises of HCC.
The event witnessed a mix of participations from the
UN, Corporate Sector, Public Sector, Government and
NGO’s and Educational Institutions. The majority of
the participants were from corporates like Siemens,
Tata, Mahindra & Mahindra, ACC, HCC, BPCL, SPCL etc.
The workshop was facilitated by UNISDR and HCC.
The sessions included a pre-lunch session focussed
on creating awareness on the Disaster Risk Reduction
(DRR) agenda of UNISDR, Government, Corporate
Sector and NGO’s followed by an interactive round
table group discussion. The post-lunch session included
a video conferencing by PWC, UK, on the role of private
sector in resilience followed by a break-out session.
Disaster Risk Reduction
equals Resilient Investment
newsin the
drip irrigation.This helps in reducing the heating
effect in our building and keeping the air cool;
hence, in reducing the load on HVAC system.
• RainWater Harvesting: PBC collects the
rainwater from the roof with a total catchment
area of 2,165 sq ft and harvests it, saving 183,000
litres/year – under normal rainfall conditions.
• Use of Soap FreeWater for Gardening: PBC
has channelised approx. 150 litres/day of soap
free waste water to the garden for irrigation.
• Installation of Cistern Based 4/2 LitreWater
Closet (WC): Flush valve basedWCs in the
building have been replaced by cistern based
4/2 LitreWC, thus, saving us 1,302,900 L per year.
We have also put conductivity meter in
condenser water line for online measurement
of water hardness.This helps us minimise
unnecessary wastage of water. Daily monitoring
and recording of the water consumption at each
area of consumption is done in order to control
water wastage.
Q.6 How economical is implementing IAQ system?
Ans.6 Implementing IAQ system is economical. In a central HVAC system, it pays for itself
based on energy savings. At home, it won’t cost anyone more than the good health of your
family, in fact much less than that.
Parameters Avg. of Other Buildings Pbc % Reduction
CO2
, ppm 1067.5 488 55 %
PM10, µg/m3
689 24 97 %
PM2.5, µg/m3
492 14 97 %
VOC - Benzene, ppb 150 BDL 99.99 %
VOC - Acetaldehyde, ppb 3125 BDL 99.99 %
VOC - Acetone, ppb 800 BDL 99.99 %
VOC - Toluene, ppb 275 BDL 99.99 %
Aerobic Plate Count, cfu 153 26 83 %
Fungal Count, cfu 48 <1 99 %
Q.5What is current IAQ of PBC?
Ans.5 IAQ of PBC is quite high when compared with other buildings. Below is a comparison
of the readings of indoor air pollutants present in other buildings and in PBC.

nutShell
February 2014
The Monthly Knowledge Sharing and Networking Meeting for
the month of February 2014 was organised by Global Compact
Network India (GCNI) in collaboration with ACC Limited on 28th
February 2014 on the theme‘CSR – A Triple Bottom of Planet,
People and Profit’. The meeting was chaired by Mr. Rajiv Prasad,
Chief Executive, ACC Limited and inaugural address was given
by Mr. Pooran Chandra Pandey, Executive Director, GCNI. The
presentations were given by Mr. Pratyush Panda, Regional Head,
CSR and Ms. Akansha Sharma, Manager CSR, Jubliant Foodworks
Limited on the theme of the meeting.
December 2013
Global Compact Network India jointly with Engineering Projects
(India) Limited organised the December monthly meeting
on 19th December 2013 on the theme‘Partnership and
Collaboration for Strategic Engagement – Multi-Stakeholder
Perspectives’. The meeting was chaired by Dr. S. P. S. Bakshi, CMD,
EPIL and inaugural address was given by Dr. Uddesh Kohli, Senior
Adviser, UNGC. The event witnessed presentations from Ms.
Joanna Pyres, TPI; Mr. R.K. Srinivasan, Technical Advisor, WASH,
Plan India; and by Ms. Anjali Godyal, Programme Leader, IRRAD.
The presenters highlighted the significance of partnerships and
collaboration in critical engagements with the stakeholders.
meetingsMonthly
• Outcome Report: India Sustainability Dialogue: The Ecological Challenge
• Outcome Report: 9th National Convention
• Annual Report 2013-2014
• Gobal Compact Network India’s Survey on Women Empowerment Principles (WEPs)
• Good Practice Cases on Sustainability
publicationsUpcoming
March 2014
The Monthly Knowledge Sharing and Networking Meeting for
the month of March 2014 was jointly hosted by Global Compact
Network India (GCNI) and Jindal Stainless Limited on the theme
‘From Principles to Practice: The Protect, Respect and Remedy
Framework’. The welcome address was given by Brig. Rajiv
Williams, Corporate Head – CSR, Jindal Stainless Limited.
Brig. Rajiv Williams also gave a presentation on the theme of
the meeting. A special address on‘Business and Human Rights’
was given by Ms. Caroline Rees, President, Shift & Former Lead
Advisor to the Special Representative of the UN Secretary-
General for Business and Human Rights.

nutShell

About Global Compact Network India
Global Compact Network India was formed in November 2003 and was registered as a non-profit society to function as the Indian local network
of the UN Global Compact programme. It is the first local network in the world to be established with full legal recognition. Global Compact
Network India (GCNI) is a country level platform for businesses, civil society organisations, public sector and aids in aligning stakeholders’
practices towards the Ten Universally Accepted Principles of UNGC in the areas of Human Rights, Labour, Environment and Anti-corruption.
At present, the India network ranks among the top 3, out of the 102 local networks in the world, and has emerged as the largest corporate
citizenship and social responsibility organisation in the country with a pan India membership of 168 organisations, who have strengthened their
commitment to the UN’s Global Compact Principles by becoming proud signatories of the local network, GCNI.
Global Compact Network India Office
Scope Complex, Core 5,
6th Floor (ONGC Office),
7 Institutional Area,
Lodhi Road, New Delhi 110 003
Email: gcnindia@gmail.com
www.globalcompact.in
Disclaimer: This publication is intended strictly for learning purposes. The inclusion of company names and/or examples does not constitute an
endorsement of the individual companies by the Global Compact Network India Office. The material in this publication may be quoted and used
provided there is proper attribution.
DesignedandPrintedby:RootsAdvertising
The Ten Principles of the United Nations Global Compact
Human Rights
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Labour
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective
bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Environment
Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
membersNEW
During the past four months, 11 organisations have joined GCNI showcasing their commitment towards the Ten Universal Principles of the
Global Compact. GCNI welcomes its new members and look forward to having a long term partnership in the future. These members are:
Organisation Category Membership
Accenture Services Private Limited Corporate Lifetime
Larsen & Toubro Limited Corporate Annual
DLF Foundation NGO Annual
Plan India NGO Annual
Shikhar Organisation for Social Development NGO Annual
Global Hunt Foundation NGO Annual
KAARAK Enterprise Development Service Pvt. Ltd SME Annual
ARASMIN NGO Lifetime
YUVA (Youths Union For Voluntary Action) NGO Annual
Indian Society of Agribusiness Professionals (ISAP) NGO Lifetime
BIHANI Manufacturing Co. Pvt. Ltd. SME Annual

NutShell – GCNI Tri-annual Newsletter Dec 2013 - March 2014

More Related Content

What's hot

Viewers also liked

Similar to NutShell – GCNI Tri-annual Newsletter Dec 2013 - March 2014

Recently uploaded

NutShell – GCNI Tri-annual Newsletter Dec 2013 - March 2014