TERI and Frost & Sullivan's Sustainability 4.0 Awards 2022 Appreciate 17 Companies

The 13th edition of Frost & Sullivan and The Energy and Resources Institute (TERI)'s Sustainability 4.0 Awards was hosted virtually.

The awards recognized companies embedding sustainability with economic value creation, creating value for all stakeholders, building a safer environment, and ensuring a stronger community.

This year's awards were presented to 17 companies across categories: Leaders Award, Challengers Award, Jury Special Mention Award, and the Safety Excellence Award.

Genpact India Pvt Limited, Gurugram, received the Sustainable Corporate of the Year Award, while Bharat Aluminium Company Limited, Korba, took home the Sustainable Factory of the Year Award. Hindalco Industries Limited, Mumbai, and Cairn Oil & Gas, Vedanta Limited, Gurugram, received the Sustainable Corporate of the Year Award–1^st Runner up.

The coveted Safety Excellence Award was awarded to Jhajjar Power Limited, Jhajjar, with Cipla Ltd, Virgonagar,Bengaluru, taking the first runner-up in the category.

Rahul Sharma, VP & Global Head, Manufacturing & Process Consulting Practice, Frost & Sullivan, said, "Today, Frost & Sullivan-TERI Sustainability Awards provide a global framework of evaluation and recognition for companies whose practices embody the triple bottom line and circular economy concepts. They empower businesses to identify new ways of growing sustainably while ensuring long-term stakeholder value."

Congratulating the Award winners, Dr Vibha Dhawan, Director General of TERI added, "Businesses reflect the changing values and changing economics, which the world is currently witnessing, by focusing on resource efficiency and clean energy. As businesses carry out such initiatives, we need to make sure that others learn about it and that the first movers become the pioneers to inspire action by many. This fits with the ethos of our partnership with Frost & Sullivan. We aspire to have a larger number of companies in the country moving to structured sustainability programs."