CII-ITC Sustainability Awards 2019

• 13 Jul 2020

Why in News

NTPC Ltd. has won the CII-ITC Sustainability Award 2019, under Outstanding Accomplishment in Corporate Excellence Category.

Key Points

• CII-ITC Sustainability Award
  
  • Instituted by the CII-ITC Centre of Excellence for Sustainable Development (CESD) in 2006.
    
    • CII (Confederation of Indian Industry) is a non-government, not-for-profit, industry-led and industry-managed organization, having members from the private as well as public sectors. It also has links with 288 national and regional sectoral industry bodies.
    • It works to create and sustain an environment conducive to the development of India, industry, Government and civil society, through advisory and consultative processes.
    • It is headquartered in New Delhi.
  • Rationale Behind the Award:
    
    • Identifying and recognising exemplary performance in economic, social and environmental dimensions of Indian business,
    • Promoting role models in Indian industry and recognising excellence achieved by businesses in mainstreaming Sustainability with business practices and
    • Imparting knowledge by which the CESD builds capacity in Indian businesses to adopt sustainability practices.
• NTPC Ltd:
  
  • It is India’s largest power corporation, established in 1975 to accelerate power development in India. It is headquartered in New Delhi.
  • It became a Maharatna company in May 2010. It is under the Ministry of Power.
  • Recent Initiatives:
    
    • Corporate Social Responsibility (CSR) program GEM (Girl Empowerment Mission) to uplift girls from the remote areas of the country.
    • Contractors’ Labour Information Management System (CLIMS) through which payment to contract labourers is paid on the last day of the month at project sites.

Source: PIB