- Research Reports
TERI-BCSD brings out the quarterly news magazine EnCoRE. The periodical focuses on the issues, challenges, and initiatives of business committed to sustainability. EnCoRE is sent to all the member companies and in addition, to senior government officials and multi/bilateral organizations. Some of the themes covered under EnCoRE are:
- Special Focus: Renewable Energy Opportunities for Business Post COP21
- Delhi to Paris: Corporate Vision on Climate change
- Swachh Bharat Incentivizing Indians for Cleaner Surroundings
- Delhi to Paris Corporate Vision on Climate Change
- Business Partnership for Addressing Climate Change
- Business as a Driver for Sustainable Development
- Climate Change The Emerging Paradigm and Business Ethos
- Discovering greener Business opportunities - Leadership Summit for Sustainable Development
- CSOs The Leadership Imperative
- Effective Water Management Ensuring Sustainable Ecosystem
- Industrial Wastewater Restoration
- Business and Biodiversity
- Business Ethics: Leading the way to sustainability
- Business response to climate change
- Sustainability Reporting: challenges and opportunities in India Inc.
- Responsibility in the supply chains
- Socially Responsible Investments
- Equator principles: Financing with care
Valuation of Energy Costs in the Indian Context
This report is an outcome of a survey based study conducted by TERI CBS under the aegis of the Carbon Pricing Leadership Coalition (CPLC), with an objective to gauge corporate sector's preparedness in internalizing carbon pricing. The three phase project included extensive corporate consultations and deliberations, with 100+ business leaders on internal carbon pricing, its challenges, opportunities and possible methods of introducing carbon pricing among Indian businesses.
- 17% of the Indian businesses surveyed as a part of TERI CBS study titled as 'Valuation of Energy Costs in the Indian Context', are already pricing carbon internally and another 40% were planning to do so in the next 1-2 years.
- The awareness among the private sector regarding carbon pricing is still low and usage of carbon pricing is at a nascent stage for most corporate enterprises. This can be pushed through peer learning, both inter sector and intra sector.
- The momentum on internal carbon pricing is rising among Indian Inc. as they see it as a good tool to make their investments future proof;
- There is a need for hand-holding for improved technical understanding in arriving at the 'right price' of carbon emissions and adoption of the carbon pricing process.
Reinforcing India's Commitments - Delhi to Paris: Corporate Vision on Climate Change
This report captures a snapshot of the numerous initiatives taken by the corporate sector to tackle climate change and depicts several innovations illustrating India's sustained efforts towards reducing its greenhouse gas emissions. The report is an outcome of TERI CBS initiative- Delhi to Paris: Corporate Vision on Climate Change, led by business members aims to be the Indian corporate vision on the various aspects of tackling climate change and aligning this vision with the Government of India schemes. TERI CBS conducted corporate consultations that witnessed participation from 200 companies and took place via webinars, thus making them carbon neutral. Discussions at the corporate consultations included India Inc.'s experiences, best practices, current interventions, and scope for improvement, thereby strengthening India's position with regard to tackling climate change on the global platform. Of the participating companies, 60 organisations submitted comprehensive case studies on the four identified themes, which have been analysed by TERI experts and are presented in the following pages.
The initiative subtitled Reinforcing India's Commitments focuses on four pressing themes that are of utmost importance to achieve a low-carbon and climate-resilient future:
- Improving the Efficiency of Energy Use
- Expanding the Use of Renewable Energy
- Ensure Water Availability in a Changing Climate
- Efficient Waste Management
Waste to Resources: A Waste Management Handbook
This guidebook provides a detailed overview of urban liquid and solid waste management, construction and demolition debris management, industrial liquid and solid waste (including hazardous and non-hazardous waste streams) management, biomedical waste management in health care Facilities and e-waste management. A section in the guidebook also deals with the evolution of Indian Acts and Rules dealing with pollution control and waste management.
Corporate Social Responsibility: A Guide to Strategy Development and Implementation
The present monograph is an effort of TERI Business Council for Sustainable Development (TERI-BCSD) to understand Corporate Social Responsibility (CSR) as defined in the new Companies Act 2013 and suggesting a roadmap for aligning business with new provisions for social benefit.
Roadmap for Incorporating Energy Efficiency Retrofits in Existing Buildings
This report serves as a step-by-step ready reckoner for various organizations to undertake Energy Efficiency (EE) measures and retrofits in their existing buildings, thereby helping them reduce their GHG footprint and become sustainable enterprises. TERI is actively creating and implementing energy efficiency policies for appliances, regulating the minimum energy performance standards and associated labeling for a growing list of appliances to bring about energy efficiency and cutting down CO2 emissions.
Enabling Finance for Scaling up Energy Efficiency in MSMEs
The TERI BCSD - YES BANK Knowledge Paper on "Enabling Finance for Scaling up Energy Efficiency in MSMEs" seeks to highlight the key challenges faced by the sector and provide possible financing solutions for the MSMEs. The paper looks into the current technological ability of the MSMEs and bottlenecks preventing from energy efficiency in operations. It also provides a critique on the uptake of various government schemes for financing energy efficiency.
Micro, Small and Medium Enterprises (MSMEs) contribute 45 percent to the country's manufacturing output, 40 percent to exports and employ the largest number of people, next only to agriculture. Many energy-intensive MSME sectors such as metallurgy, glass and ceramics, food processing, chemicals have not witnessed new innovations on energy efficient technology. Reducing the cost of production has thus become a priority for MSMEs especially in manufacturing sector where cheaper alternatives are now available in the Indian market. In the competitive marketplace, adoption of energy efficient technologies by MSMEs will reduce their energy cost as well as carbon emissions.
Energy efficiency in any enterprise has two dimensions i.e. Technology and Financing. While technologies are available in different stages of commercialization (Pre commercial, Semi commercial and Fully commercial), financing has to adapt itself to meet the requirement at each stage for scaling-up energy efficiency among MSMEs. The paper discusses the financing requirements of technologies in each of the three different stages of commercialization.
Ganga: An Inclusive Multi-Stakeholder Approach
The TERI BCSD - YES BANK Knowledge Paper on "Ganga: An Inclusive Multi-Stakeholder Approach" highlights the multifaceted aspects and provides insights pertaining to river basin management, especially from a financial institution perspective. The paper covers short discussion pieces on a few critical elements of river management such as climate change aspects, risks in ecosystem management , multi-disciplinarity and complexities in decision making and Public Private Partnerships (PPPs).
The paper compliments the Central Government's resolve to address water safety and security by initiating the 'Clean Ganga' mission which not only rejuvenates the holiest river of India, but also promises to renew local economies. The first part of the paper prepares the ground by identifying the areas of improvement through a detailed analysis of the current situation in the Ganga basin. The second part of the paper comprises recommendations which address the identified need areas, both at the broad basin level and at a granular level, touching upon specific areas like agriculture, irrigation, river transport, tour ism, industry and urban development among others. This paper indicates that robust decision making and effective financial and administrative mechanisms are also as important as governance, technology and implementation for holistic river basin and ecosystem management.
YES BANK Limited and TERI BCSD recently launched knowledge report titled "E-waste Management in India – The Corporate Imperative" at the 12th Leadership Summit for Sustainable Development.
The objective of this knowledge report is to bring out insights that trigger sustainable management of E-waste. It is intended for all stakeholders within the E-waste value chain and portrays a holistic picture, followed by practical recommendations. The report includes detailed survey of top, senior and middle management professionals present across the E-waste value chain in India. The report explores a shared responsibility model in which all three primary stakeholders - the producer, the generator (households and bulk consumers), and the local regulatory body (municipality) - share the E-waste management (primarily transportation and recycling) costs. The proposed institutional framework will be centred on the concept of a PRO (Producer Responsibility Organization) - an entity which is intended to have the physical responsibility for the E-waste recycling mechanism by providing forward and backward linkages with all other stakeholders involved in the process. The report reveals that lack of awareness figures among stakeholders on the mandatory compliance requirement of the rules and the negative effects of improper handling and disposal of e-waste are alarming. The study recommends mass public awareness campaigns by bulk consumers and electronic producers to sensitize people, as well as introduction of new business models to treat e-waste recycling as a profitable business opportunity, rather than a single stakeholders' obligation.
YES BANK TERI BCSD Survey of Green Real Estate Sector
YES BANK and TERI-BCSD recently launched a knowledge report titled 'YES BANK – TERI BCSD Survey of Green Real Estate Sector 2014'. The report was launched by Dr. Shashi Tharoor, Minister of State for Human Resources Development, Dr. R K Pachauri, Director-General, TERI and Mr. John Bryson, former US Secretary of Commerce on the occasion of TERI's annual flagship event, 'Delhi Sustainable Development Summit (DSDS)' in New Delhi on February 5, 2014. The report brings out multi-stakeholder perspectives on the challenges, gaps and key drivers for green buildings in India and what it would take to mainstream sustainability in the sector, given that it is estimated to command more than 6.3% share in India's GDP.
The Green Real Estate Survey aims to align the real estate sector along sustainability parameters, thus shaping India's national mission of promoting sustainable habitat. The survey reveals that lack of awareness among stakeholders on benefits of green buildings, unavailability of preferential lending rates for small-medium sized real estate developers, high cost, relatively lower returns and longer payback are biggest deterrents to this sector today. It recommends significant changes to overcome these barriers and highlights the urgent need for all stakeholders like developers, BFSI players, fund managers, architects, ESCos, material manufacturers and large pro sustainability conglomerates to come together to increase awareness on the tangible and intangible benefits of green buildings.
The report offers credible solutions to policy makers and industry towards achieving a smooth transition to green buildings, thus ensuring India's long term sustainability.
Compendium of Energy Efficiency and Renewable Energy Best Practices in Leading Indian Corporates
Left to Right: Mr Andreas Sterzing, Division Director, Fraunhofer Institute, Dr Leena Srivastava Executive Director (Operations), TERI, Vice Chancellor, Mr Chris Cook, Global Sustainability Director for Decorative Paints, AkzoNobel, Mr Satya Narayan Sahu, Business Development Director, SCM, MFG, and Sustainability at SAP at the Leadership Summit for Sustainable Development held on th 28th October 2013 at Trident Hotel, Bandra Kurla COmplex, Mumbai
The compendium that has been released by TERI at the Leadership Summit for Sustainable Development on the 29th October 2013 is a set of best practices in the areas of energy efficiency and renewable energy which are being implemented by leading organizations from India. TERI received a total of 26 case studies from 9 different industries, namely Agriculture, Automotive, Energy, Engineering, Financial Services, FMCG, Materials, IT and Telecom. The compendium is a collection of the best practices by all of these organizations. The compendium is divided into three sections, namely: Industrial Energy Efficiency, Energy Efficiency in Buildings and Renewable Energy. It provides an opportunity for corporates to learn from and emulate the best practices from the leading organizations in the industry. There has been a pronounced focus in the compendium on the business case for implementing energy efficiency and renewable energy interventions. Factors such as investment required, savings accrued, payback period, tons of CO2 emissions saved were considered while describing the intervention. Strategic industries like Gas, Cement, and Chemicals which are of key importance to the economic growth of a nation like ours, have particularly been highlighted. TERI strongly believes that the way forward in the path to sustainability is the convergence of the Indian business community. The adoption and implementation of focused practices that lead to increased energy conservation and energy efficiency is the key to sustained economic development. With this idea in mind, TERI launches this compendium to acknowledge and appreciate practices followed by some of these esteemed organizations of India that have pioneered the practice of increasing energy conservation and efficiency in their operations.
Integrated Water management Framework for Industries
TERI launches the report on Integrated Water Management to serve as guidelines for all industries that heavily depend on water for their operations on 29th October 2013 at the Leadership Summit for Sustainable Development. The framework was developed to address the need for a dependable ready-reckoner or a guidance document for the corporate sector to effectively manage their water footprint. This framework was prepared by leading business enterprises such BASF India Ltd, CLP India Pvt Ltd, DNV (Det Norske Veritas) India Pvt Ltd, HCC India Pvt Ltd, and AkzoNobel India Ltd along with the water management experts at TERI as a part of the CSO (Chief Sustainability Officers') Forum 2012-13. This integrated water management framework will serve as a ready reckoner for streamlining the processes of the enterprises to achieve their respective water management goals. The framework for water management is drafted in the form of 4 broad steps, which are elaborated in the course of the report. This elaborate 4 step strategy begins with the assessment of the water usage patterns of an organization which will help in base lining the organizations water usage. The next step towards effective water management is setting a goal for optimizing the specific water consumption and planning interventions which support the set goals. The framework also captures the essence of not just water use planning but also, effective water discharge practices. Implementation is a key element of the framework while ensuring that effective monitoring and evaluation exercises are undertaken. These measures will help organizations across industries in accruing tangible water and operational cost savings. The framework also elaborates on case studies which have been used in the report to site live examples of best water management practices from the industry. They exemplify best practice interventions which will help other organizations learn and practice similar strategies for effective water use management. TERI endeavors for this report to serve as an inspiration for others organizations to learn from and emulate.
Operationalizing Sustainability in Value Chains.
TERI strongly feels that implementing sustainable development measures should be an integral part of the entire value chain of an organization. For sustainability, to mature into an integral part of organisational structure and culture, and for organisations to reap tangible long-term benefits, businesses need to operationalize sustainability across the value chain – upstream, in-stream and downstream. Bearing this in mind, TERI launches the knowledge paper titled "Operationalizing Sustainability in Value Chains" at the Leadership Summit for Sustainable Development on the 29th October 2013. This knowledge paper was developed with the active engagement and support of the Value Chain working group of the CSO Forum. The working group companies - YES Bank, Mahindra and Mahindra, CLP India and SAP India have contributed immensely in the drafting of this paper, with many hours of discussion and debate.
This knowledge paper aims to address the fundamentals of a sustainable value chain management, substantiate the benefits an organization can leverage through a collaborative interaction with the key stakeholders of their value chain, and provide a step-by-step guide to the process involved in institutionalizing sustainability in the organizational practices and processes. The paper will be a ready-reckoner for organizations to implement and practice value chain management sustainability and present some examples to inspire action by leading corporates. The paper shall be focusing primarily on two major sectors – Manufacturing Sector and Financial Services Sector and will be addressing methodologies and processes for operationalizing sustainability in their value chains.
Knowledge Paper on "Electric Vehicles: Challenges & Opportunities in India" by Yes Bank and TERI BCSD
"From L to R Mr. Peter Bakker, President WBCSD; Dr R.K.Pachauri, Director General TERI & President TERI-BCSD; Dr Farooq Abdullah, Honorable Minister for New & Renewable Energy, Government of India; Ms. Namita Vikas, President Responsible Banking, Yes Bank; Mr. Arun Maira, Member Planning Commission; Dr Annapurna Vancheshwaran, Director Sustainable Development Outreach, TERI; at the report launch during 10th World CEO Sustainability Summit 2013"
Electric vehicles (EVs) are no longer science fiction. Scientific achievements in this space have led to the main streaming of EVs in many countries. However, for EVs to truly lead GHG reduction in Indian Industry and have a positive impact on the country's energy security, the integration of smart grids and renewable energy feeds into these grids are a must.
This study undertaken by YES BANK and TERI-BCSD critically analyses the EV value chain, identifying hidden triple bottom line risks and highlighting innovative clean technologiesand business models that mitigate those risks, thereby making the value chain more attractive from lending and investment perspectives. The paper also concludes with a sobering and pragmatic analysis of the current and projected EV scenario in India versus the internal combustion engine.
"Power to the Planet - Sustainability Disclosures by the Indian Power Sector" by Thought Arbitrage Research Institute; TERI BCSD and its select member company CLP India.
"From L to R Mr. Peter Bakker, President WBCSD; Dr R.K.Pachauri, Director General TERI & President TERI-BCSD; Dr Farooq Abdullah, Honorable Minister for New & Renewable Energy, Government of India; Ms. Kshama V Kaushik, Thought Arbitrage Research Institute; Mr. Arun Maira, Member Planning Commission; Dr Annapurna Vancheshwaran, SDO-Director, TERI; at the report launch during 10th World CEO Sustainability Summit 2013"
The study examines major power sector companies in India for their communication of commitment towards sustainability matters. Trad itional power companies, particularly thermal power plants (whose share in the energy mix in India is more than 57%), are among the highest consumers of finite and non-renewable resources which calls for higher demonstration of commitment towards sustainability reporting. The study found that very few power companies in India report on sustainability matters in any form, particularly dedicated sustainability reports. Accordingly, this analysis focused on information contained in annual reports and websites of the companies in the sample and information put out by the Ministry of Power. It also looked at the gainful utilization of fly ash, a by-product of thermal power plants which is a significant source of air and water pollution.
Sustainability reporting practices of the top ten global utilities companies (as per Forbes magazine's Global 2000 list) were also studied to get a sense of the major concerns, risks and opportunities identified by them and the extent of reporting. The study revealed that globally, like in India, thermal power (coal and gas) constitutes the largest share of the energy mix, although unlike India nuclear energy has the second largest share. Sustainability reporting among global power utilities is more robust with several companies using established global frameworks and addressing specific sustainability issues. The study has also analyzed the preparedness of power sector companies in submitting Business Responsibility Reports for compliance with SEBI's new clause 55 and finds that there is still some distance to be covered by these companies in terms of the extent and quality of disclosures as intended by the new regulation.
Through successive consultations with its member companies and advice provided by the industry associations, TERI-BCSD developed the White Paper on "Corporate Action Plan on Climate Change". The White Paper brings out a clear definition of actions by business and industry, which will facilitate the development of specific policies and augment the implementation of the National Action Plan on Climate Change (NAPCC).
4 February 2009
World CEO Forum New Delhi
At the Inaugural Session of the World CEO Forum the Corporate Action Plan on Climate Change was tabled in the presence of Dr R K Pachauri, Director-General, TERI, HE Anne Marie Idrac, Minister of State for Foreign Trade, Government of France and the Chief Guest Shri Jairam Ramesh, Minister of State for Commerce, Industry, and Power, Government of India . Several dignitaries and over 150 CEOs from India and overseas were also present at the occasion.
8 January 2009
TERI, New Delhi
Succeeding the first two corporate consultations, TERI-BCSD organized the third successful consultation – Inter-Ministry Meeting of the NAPCC Corporate White Paper - on 8 January 2009. This was the first time that eight select ministries came together to note the draft findings of the project. The draft findings provided information to the nodal ministries to chalk out a map for implementation of the NAPCC. The forum also facilitated a discussion with senior government representatives and TERI-BCSD member companies on the industry's role in the National Action Plan on Climate Change. Mr Shyam Saran, Special Envoy of Prime Minister on Climate Change, chaired the meeting. This white paper will be tabled at the World CEO Forum on 4 February 2009.
17 December 2008
TERI, New Delhi
On 17 December 2008 in TERI, New Delhi, TERI BCSD India organised a consultation with corporates and select industry associations on the business role in the National Action Plan on Climate Change (NAPCC). This initiative titled: Growth and Prosperity in a Carbon Constrained World was launched in Mumbai on 29 September 2008 through a well-attended high profile corporate consultation. This was the second consultation where about 44 senior representatives from 30 organisations participated.
In 4 parallel break-away sessions, industry representatives discussed opportunities and implications of the 8 national missions of NAPCC for their businesses. The recommendations put forth by the participating corporates on each national mission will be incorporated to further fine tune the white paper to be submitted to the Prime Minister's Council on Climate Change as a Corporate Action Plan on Climate Change by February 2009.
29 September 2008
The Taj Mahal Palace & Tower Near Gateway of India, Mumbai
Recognizing the urgency to generate awareness and build consensus on the climate change agenda in India, TERI-BCSD through a well attended high profile corporate consultation titled: "Growth and Prosperity in a Carbon Constrained World" in Mumbai on 29 September 2008 launched a major initiative to bring out a clear definition of actions by business and industry, which will facilitate the development of specific policies and augment the implementation of the National Action Plan on Climate Change (NAPCC). About 70 senior industry representatives including CEOs from all relevant sectors namely: steel, chemicals, paper and pulp, metals and minerals, oil and gas, cement, power, pharmaceuticals, ICT and finance put forward their ideas and success stories to the industry led task forces to chalk out an action plan for the business role in NAPCC. A need to develop a multi-disciplinary workforce, including industry, academicians, government and media, to address and act on the implications of climate change on businesses today, came out strongly in the dialogue. The goal of this TERI-BCSD initiative is to submit a white paper to the Prime Minister’s council by December 2008, which may well be identified as the corporate action plan for the NAPCC