February 15, 2010 by akhilendra
Energy efficient industry
Energy consumption, its preservation and environmental factors have been quite a hot topic of discussion among developing nations and industries. Developed nations have been putting a lot of pressure on developing nations over carbon emission norms but all that not well among developed nations also. They still contribute maximum towards total carbon emission. It’s not that easy to compromise on these issues as it requires a lot of compromise on industrial front. Developing nations as well as developed nations can’t afford to compromise on industrial growth at this level of economical turn. Industries have already been pushing hard for relaxation in these norms as it complicates the process the doing business for them.
Governments have been trying hard to make it industry friendly and growth oriented. They have introduced a lot of policies to encourage industry. Various industrial organizations have also taken initiatives in this direction. Today being rated eco-friendly is needed as well as profitable for companies. Various government and non-government organization have introduced green rating systems based upon the energy consumption and its preservation. Till few years back, green ratings were completely no-no for Indian companies. But now things have changed, ratings have come far from their initial stages and today offer great advantages to industry also. Today it is something which government and industry, both would like to embrace.
Bureau of energy consumption, which comes under union ministry of power, has recently introduced a rating system based upon the energy consumption. Confederation of Indian industry has also earlier announced a similar kind of rating system where it will rank companies on the basis of their environmental friendliness. The centre for science and environment (CSE) has taken the lead in terms of taking initiatives; they started their program in 1997 covering every sector a two years. The confederation’s program is still under construction stage and will take place next year in July when they will be sending questions to companies. Their ratings would be based upon resource conservation, energy, water efficiency, waste management, procurement and green supply chain.
CII is also partner in one carbon disclosure project where they look into disclosure made by the companies and plans to do an audit to verify the data. There are various reasons why now companies are more concern about their green ratings. It affects their brand images and improves public relations. They can also big bucks from carbon credit. There are various schemes also which will push the concept of green building in future. There will be regulations to improve their acceptance and compliance along with other benefits like discount on interest on bank loans for green projects and incentives.
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