Henkel Adhesive Technologies India Private Limited (Henkel India), the leading solution provider for adhesives, sealants and surface treatment and a fully owned subsidiary of Henkel AG & Co. KGaA, was honored at Frost & Sullivan’s Sustainability 4.0 Awards 2016 with the ‘Challengers Award’ under Large Business, Corporate Category. This award was presented to Sundar Iyer, CFO – Henkel India and other team members from the Company on May 27, 2016 at Mumbai.
For this award, nationwide operations of Henkel India was assessed on different parameters of sustainability at an organization level. This was followed by a visit to the company’s manufacturing site located at Thane district of Mumbai. During a two-day on-site audit, Henkel was assessed on four parameters and 11 sub-parameters, which included – Business Strategy, Governance & Ethics, Risk Management, Stakeholder Management, Sustainable Supply Chain, Society, Customers, Environment Management (Waste, Water, Energy, and Emissions), Bio-diversity, Human Capital Management and Occupational Health & Safety.
The key impressive points highlighted by Frost & Sullivan in a report shared by them are as follows:
- Henkel India’s operational efficiency with respect to energy, water and waste management has seen year-on-year improvements (3% reduction).
- The robust risk identification and mitigation system implemented by Henkel India is noteworthy.
- Prominence is given by it to any negative impact from its partners (OEMs and Customers) which can have a detrimental effect on the company’s operations.
- Henkel’s Innovation Center in Pune is available to its value chain partners for analyzing their products and getting the best performance out of them.
“At Henkel, sustainability is one of our core values and we are strongly committed to “achieving more with less. We are pleased to receive the Challengers Award under the Large Business, Corporate Category from Frost & Sullivan for Sustainability, as it confirms that we are on the right track in our journey towards Sustainability,” said Bappa Bandyopadhyay, Director – Operations and Projects (Adhesives), Henkel India.
“There is a clearly defined corporate roadmap to become 3X (three times) more efficient by 2030 as compared to the 2010 levels. We are pleased to receive the Challengers Award’ under Large Business, Corporate Category from Frost & Sullivan for Sustainability. We are optimistic and completely homed in on our targets for the coming years,” Sundar Iyer, CFO, Henkel India.
Instituted in 2009, Frost & Sullivan’s Sustainability awards have transformed over the years. In its current version, it covers all elements of a sustainable organization (purpose, planet, people, and partnership) instead of just heavily focusing on environmental sustainability. It provides a detailed understanding that enables an enterprise to identify its position in the sustainability performance drive and also compare its performance against similar organizations.
Henkel India is committed to leadership in sustainability. Globally, Henkel focuses on maintaining a balance between economic success, protection of the environment, and social responsibility. Thus, creating more value at a reduced environmental footprint.