Voluntary CSR Guidelines For India

India’s Ministry of Corporate Affairs has launched voluntary guidelines for responsible business which aim to add value to the operations and contribute towards the long term sustainability of the business. These guidelines also aim to enable business to focus as well as contribute towards the interests of the stakeholders and the society. Read more

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Lanxess India Recognised For Water Resource Management

The Indian Chemical Council (ICC) has honoured specialty chemicals company, Lanxess India Private Limited, with the “Water Resource Management” award. The award paid tribute to Lanxess’ production site in Nagda for its innovative approach to recycling domestic sewage water and harnessing it for industrial use. Neelanjan Banerjee, Director of Lanxess India, accepted the recognition from the Honorable Minister for State for Chemicals and Fertilizers, Shri Srikant Jena, at the ICC Awards, which was held in Mumbai on 4 December 2009. Read more

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India: Trading In CSR Credits?

Minister for Corporate Affairs, Salman Khurshid, has mooted the idea of rewarding companies with strong corporate social responsibility (CSR) initiatives, by creating a system through which their  CSR endeavours might be traded in, along the lines of the ‘carbon credit’ system. Read more

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International Bank Launches New Green Initiative in Mumbai

Plant a Tree Today Foundation (PATT), SAGE Foundation and INS TRATA came together on 9 October to assist Standard Chartered Bank (SCB) towards their pledge to plant 2,000 trees as part of their Green Your Flights initiative in Mumbai. The site was INS Trata, Arrangal, Malad near Danapani beach, famous for being part of Bollywood films and photo shoots.

Sixty of the SCB staff along with volunteers from the PATT, SAGE and the Navy representatives were present for the planting of the saplings. Participants managed to plant 200 saplings in just one hour, notwithstanding the rough terrain. An initial survey was done by Commander Dinesh Singh of INS Trata, Mr. Vashitwa Mishra (India Country Manager, PATT) and Mrs. Maya Shahani  (Chairperson, SAGE). Advice from local nursery contractors and the navy nursery experts was taken into consideration to make sure the plantation is in harmony with the local vegetation.

With the 2,000 saplings planted, Andrew Steel (Founder, PATT) will issue E-certificates to SCB who acted as the sole funders of the entire project. It is hoped the success of this project will be replicated globally and SCB is looking at plans to work with PATT to initiate a number of environmental projects globally.◊

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Green Network Launched in India

GCX, a complete carbon and energy solutions company with global presence, recently started its operations in India with their first office in Churchgate, Mumbai. The key portfolios being offered are energy and carbon management, project development and education initiatives in those areas. Amongst its various other services, GCX  wishes to help companies offset their carbon emissions and support environmental initiatives by establishing a network of recognized NGOs and charities in the country. Read more

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“Fun Day” for Bombay Teen Challenge Children

LANXESS is a leading specialty chemicals company with sales of EUR 6.58 billion in 2008 and currently around 14,800 employees in 21 countries. The company is represented at 44 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. Read more

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Primary Education for India’s Underprivileged Children

LANXESS India is extending its support to Save The Children India (STCI) on the “Child Welfare and Educational Project”, a community program which both organizations embarked on last year. Specifically, LANXESS has donated Rs. 392,870 to STCI to cover the education-related expenses of five pre-primary schools (called balwadis) under its care. Read more

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