Journey towards Sustainability - Evolution, Dr.P.Modak

Dr. Prasad Modak

Ekonnect Knowledge Foundation

Journey towards Sustainability -An Evolution

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Outline of the Presentation• Some Historical• An Introduction to Sustainability• Sustainability Evolution in Tiers• Opportunities and Challenges

How did it all begin?

Before Sustainability…Compliance as the Focus

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Public Health EngineeringSanitary EngineeringEnvironmental EngineeringEnvironmental Science Environmental Health & SafetyEnvironmental Law

Expansion, Extension, Integration & SpecializationResponding to Sustainability

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Environmental PlanningEnvironmental Economics and FinanceEnvironmental & Social DevelopmentEnvironmental Policy Environmental Communication Environmental ManagementCarbon Management

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SUSTAINABILITYIntroduction to

Sustainable Development

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“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”

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People

Profit

Planet

© Environmental Management Centre The Concept of Sustainability

Running for SustainabilityRisk or Opportunity?

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© 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 operation

s

Sustainability in an Organizat

ionReduces Adverse Env and Social

Impacts/

Risks

© Environmental Management Centre The Concept of Sustainability

Shades of Sustainability

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Evolution of Sustainability

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Four Tiers of Sustainability

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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

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Compliance –

Meeting Laws of the Land and

Requirements of the Market / Investors

Compliance with

procedures

Generate and

Maintain Associated Documenta

tion

Investing on

mitigation measures

Deploying qualified

staff

Monitoring and

Reporting

Tier 1:Compliance

Minimum Eligibility Criteria for

Sustainability

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Beyond Compliance –

Practicing ‘Smart’

Sustainability

Water & Energy Conserv

ation

Green Building

s

ISO 14000 & 18000

Certification

Practicing 3Rs

Carbon Disclosu

re

Responding to Climate Change

Tier 2: Beyond Compliance

Conserve resources

Reduce Wastes/Emissions

Reduce risks and vulnerability

Join International Initiatives

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“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

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Extending

Boundaries

CSR Green

Jobs and Social

Inclusion

Green Purchasi

ng

Assistance to

suppliers for EHS perform

ance

Contractor Skill Training and EHS Manage

ment

Extended

Producer Responsi

bility

Tier 3: Extending Boundaries

Green Purchasing

Greening of Supply Chains

Supporting Communities in Project

Catchments

Practicing CSR

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Embedded

Sustainabilit

y

Green IT Green

SchoolsGreen Offices

Eco-citiesSmart CitiesRenewab

le Energy

Distributed

Generation of Power

Sustainable

Mobility Solutions

Conservation

FinanceClimate Insuranc

eImpact Funds

Tier 4: Embedded SustainAbility

Sustainability as the Business driver

Mainstreaming Sustainability

Sustainability Awareness Programme

Sustainabillty Reporting

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To make sustainability an everyday, enduring part of the organization, it needs to become embedded in the organizational culture.

Dr. Stephanie BertelsSimon Fraser University and NBS

Embedded Sustainability

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Sustainability @Corporate? 201X?

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Ecosystem Pays.. Will it continue to Pay?

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CHALLENGES

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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

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People

ProfitPlanet

Social inclusion Green jobsLow Carbon

Living

Green buildings

Smart cities

Green economyConservation Finance

Business practices with low environmental and social

impacts

INNOVATIONSUSTAINABILITY

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People

Profit

Planet

Values

Social inclusion Green jobsLow Carbon

Living

Green buildings

Smart cities

Green economyConservation

Finance Business practices

with low environmental and

social impacts

SHARED RESPONSIBILT

YSUSTAINABILI

TY

EthicsEquity

Transparency

Do you want to be that odd man green?

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Let us walk together … Be part of the Process

Thank you

Thank you