2009-09-30

India Gears Up to Reduce Carbon Footprint

While, policy makers around the world are negotiating an effective post 2012 international framework to deal with climate change, many Indian companies under stewardship of CII are adopting technologies, practices and approaches that will help to build a carbon constrained economy. Most of the Indian companies have been adopting carbon mitigation actions to reduce their cost and gain reputation and a competitive edge.

Through the services of its centres of excellence - the Green Business Centre in Hyderabad and Centre of Excellence in Sustainable Development, New Delhi, CII has been able to contribute to an emission reduction of 44,29,000 MT of CO2 per annum. Both the Centres have been providing key services such as energy audit, energy management, green building consultancy, water management, technology incubation, renewable energy services among others towards building increased climate responsiveness amongst the Indian Industry.

In the Green Building space, CII has successfully facilitated certification of several LEED Platinum rated buildings, which are now being built across India. As a remarkable commitment, K Raheja (a real-estate developer) has proposed all his future projects to be LEED certified. MNC's like HSBC, ABN, AMRO, WalMart, Microsoft, Gillette and Carrefour among others are opting for green complexes in India. The available statistics indicate that over 45 million sq.ft. of green building space has already been registered, while the target is of 1 billion sq.ft. of registered space by 2012.

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Source: CommodityOnline, 2009-09-29, Link

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