Bags ‘Challengers Award’ under Large Business, Corporate Category for Sustainability

Henkel India honoured at Frost & Sullivan’s Sustainability 4.0 Awards 2016

The ‘Challengers Award’ under the Large Business, Corporate Category for Sustainability was presented to Sundar Iyer, CFO of Henkel India and other team members from the company on 27 May 2016 at Mumbai

For this award, nationwide operations of Henkel India were assessed on different parameters of sustainability at an organizational 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 and 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 and 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.

Packaging South Asia is the cooperating media partner for drupa 2016 which is scheduled to be held from 31 May to 10 June at Dusseldorf, Germany.