Important Facts For Prelims
CII-ITC Sustainability Awards 2019
- 13 Jul 2020
- 2 min read
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.
- Instituted by the CII-ITC Centre of Excellence for Sustainable Development (CESD) in 2006.
- 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.