Frost & Sullivan is proud to announce the 4th edition of its ‘Green Manufacturing Excellence Awards, scheduled for April 26, 2013 in Mumbai. The last date for nominations to participate in the award program is November 30, 2012.
The objective of this awards platform is to propagate the concept of sustainable development and assist companies in adopting the same through assessments, feedback, benchmarking, and sharing of best practices.
Keeping the idea of “Sustainability for Business Perpetuity” in mind, Frost & Sullivan launched the ‘Green Manufacturing Excellence Awards’ in 2009. This elaborate annual cycle ends with recognizing companies that have been front-runners in the sustainable development journey on a national platform.
Organizations that have successfully embarked on their journey toward sustainable development, have secured a competitive advantage by adopting green manufacturing practices, thus proving to be the preferred choice of consumers and investor community. They will pioneer growth in the next decade and take up the daunting task of innovating, designing, and manufacturing more environmentally sound products, while embracing cleaner technologies. They will eventually emerge as leaders in green manufacturing.
Nitin Kalothia, Associate Director, Manufacturing & Process Consulting Practice, Frost & Sullivan, opines, “Adoption of sustainable development initiatives have improved competitive advantage for companies across the globe. ‘Going Green’ encapsulates absolute business sense in today’s world and many early adopters of this concept in India are already reaping the benefits. Growing environmental awareness in society, increasing incidence of global warming, and rapidly depleting natural resources will eventually drive organizations toward implementing sustainable manufacturing practices.”
Frost & Sullivan’s Green Manufacturing Excellence Model is built on 11 parameters of evaluation. The model is built on a total of 1,300 points and each parameter has different weightage based on its importance. The pre-defined parameters of evaluation are Energy, Material, Products and Services, Wastes and Effluents, Biodiversity and General Compliance, Water, Occupational Health and Safety, Society, Emission, Green Procurement and Goal Setting and Deployment. Initiatives taken and results achieved by organizations towards Reduce, Reuse and Recycle of Materials, Water , Energy, Emissions, Effluents, Waste and Products and Services will be assessed.
The assessment process is designed to evaluate the progress made by an organization toward identifying and implementing sustainable manufacturing practices in its operations and supply chain. The assessment process will also be used to understand efforts made by organizations toward studying biodiversity and its conservation, creation of a safe workplace for employees, and impact on society as a result of plant’s operations. Efforts toward developing a green supply chain will also be reviewed.
Media partners supporting the awards are Auto Monitor, Construction Business Today, Communications Today, Chemical Weekly, Eco-Business.com, Efficient Manufacturing, Minerals & Metals Review, Manufacturing Today, Pharmaquest, and Search.
Nominations close on November 30 2012. If you wish to know more about the Awards, contact Caroline Lewis/Akshata Mhatre, Corporate Communications, at caroline.lewis@frost.com/akshatam@frost.com. To send in your nominations, email gmea2013@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. On receipt of the above information, our team will get in touch with you with the details. For more information on the awards, please log on to http://www.frost.com/gmea
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
For More Information, Contact:
Caroline Lewis
Corporate Communications – South Asia
P: +91.98217 37935
F: +91.22.2832 4713
E: caroline.lewis@frost.com
Akshata Mhatre
Corporate Communications – South Asia
P: +91.22.6607 2020
F: +91.22.2832 4713
E: akshatam@frost.com
Nimisha Iyer
Corporate Communications – South Asia, Middle East and North Africa
P: +91.98200 50519
F: +91.22.2832 4713
E: niyer@frost.com
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