th12 March 2016, ITC Maratha, Mumbai

Sustainable Development Goals: Broadening the Horizon for India's Growth and Transformation

th The 11 GCNI National Convention

Key Dignitaries

Curtain Raiser Address by Lalit Kumar

Gupta, MD and CEO, Essar Oil Limited

Address by Shri Subhash Desai, Guest

of Honour, Cabinet Minister for

Industries, Government of Maharashtra

Inaugural Address by Shri Prakash

Javadekar, Honourable Chief Guest,

Minister of State (Independent

Charge), Environment, Forests and

Climate Change, Government of India.

Welcome Address by Dinesh Kumar

Sarraf, Chairman & Managing Director,

Oil and Natural Gas Corporation

Limited

Opening Address by Lise Kingo,

Executive Director, UNGC, New York

Special Address by Dr. Uddesh Kohli,

Senior Adviser, UNGC, New York

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08

09

11

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Content

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21

24

27

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Address by Dr. Bhaskar Chatterjee, DG

& CEO, Indian Institute of Corporate

Affairs (IICA), Government of India.

Vote of Thanks by Pooran Chandra

Pandey, Executive Director, UN GCNI.

High Level Business Panel on SDGs:

Broadening the Horizon for India's

growth and transformation.

Thematic Session I : Green Transformation -

Protecting the Planet through Stakeholder

Collaboration and Policy Intervention

Thematic Session II : Community

Welfare - Ensuring Better Health and

Better Quality of Life for the Citizens

Thematic Session III: Growth &

Prosperity - Driving the Overall Economic

Growth and Development in India

Valedictory Remarks

Mr. P K Mohanty, Chief Secretary,

Government of Kerala.

Mr. J. M. Mauskar, Former Special

Secretary, Ministry of Environment &

Forests.

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13

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The National Convention is a flagship event of Global Compact Network India (GCNI), first organised in 2004. It is the largest platform conceptualised by GCNI to bring together opportunities for learning and sharing between its member companies and organisations. A one of its kind initiative, the Convention brings forth diverse companies and dignitaries on one platform to critically discuss the themes of Corporate Leadership. The prime focus of the National Convention is to showcase the respective ideologies, methodologies and most importantly, case studies depicting the wide implementation of sustainable innovations and leadership taken up by the various companies and organisations in India.

The National Convention is the actualisation of the GCNI

th The 11 GCNI National Convention

mandate to create platform for demonstrating substantive efforts made by the business community towards realising the vision of sustainable development in India.

thOn 25 September, 2015, countries across the world adopted a set of 17 goals, the Sustainable Development Goals, to end poverty, protect the planet, and ensure prosperity for all, as part of a new sustainable development agenda. Each goal has specific targets to be achieved over the next 15 years.

thThe 11 GCNI National Convention was held on Saturday, March 12, 2016 from 09:00 to 18:00 at ITC Maratha, Mumbai. The theme of the conference - Broadening the Horizon for India's Growth and Transformation, was streamlined with the 17 Sustainable

Development Goals (SDGs). This theme is broad in coverage and promotes inclusive development across all sectors. The base was created by the Millennium Development Goals (MDGs) and now SDGs are supposed to be taking it to the next level by broadening the development agenda. This theme served as a guiding framework for key stakeholders such as Government and the Corporates to define their next steps for promoting inclusive and sustainable growth in India. It also paved the way for unlocking new avenues and opportunities that can result in a holistic transformation of India. The aim of the conference was to deliberate on the broader objectives of SDGs and discuss the way forward for implementation for India. The discussion was organised under the sub-themes of people, planet and prosperity.

The schedule for the day looked like this:

Time Event

9:00 - 9:30

9:30 - 10:30

11:00 - 13:00

14:00 - 15:00

15:00 - 16:00

16:00 - 17:00

17:00 - 17:30

Registration

Inaugural Session

High Level Business Panel on Sustainable Development Goals

Thematic Session- I - Green Transformation

Closing Plenary & Valedictory Remarks

Thematic Session- II - Community Welfare

Thematic Session- III - Growth & Prosperity

Note: A Point of View document created by Accenture on SDGs was also launched at the convention.

Key Dignitaries

Mr. Dinesh Kumar Sarraf - President GCNI & CMD, Oil and Natural Gas Corporation Ltd

Mr. Lalit Kumar Gupta - MD and CEO, Essar Oil Ltd.

Ms. Lise Kingo - Executive Director, United Nations Global Compact, New York

Dr. Uddesh Kohli - Senior Adviser, United Nations Global Compact, New York

Dr. Bhaskar Chatterjee - DG & CEO, Indian Institute of Corporate Affairs (IICA)

Mr. Pooran Chandra Pandey - Executive Director, UN Global Compact Network India

Mr. P K Mohanty - Chief Secretary, Government of Kerala

Mr. J M Mauskar - Former Special Secretary, Ministry of Environment & Forests

Mr. A B Ravi - Editor - Special Projects, CNBC TV18

Mr. Satyajit Ganguly - Managing Director, ONGC Tripura Power Company Ltd.

Mr. Sandip Sen - Global CEO, Aegis Ltd.

Mr. Rajiv Agarwal - Managing Director & CEO, Essar Ports

Mr. Parag Satpute - Managing Director, Sandvik Asia Pvt. Ltd.

Mr. Vishvesh Prabhakar - Managing Director, Sustainability, Accenture Strategy, India

Mr. Anurag Goel - Former Secretary, Ministry of Corporate Affairs, Government of India

Mr. Vinod Pandey - Head - Government and External Affairs, Sustainability Communications,

CSR, BMW Group India

Mr. M Venkatesh - Director - Refinery, Mangalore Refinery and Petrochemicals Ltd.

Mr. Narinder Thakur - General Manager (Corporate Administration, HSE & CSR)

Bharat Heavy Electricals Ltd.

Mr. Anirban Ghosh - Vice President- Group Sustainability, Mahindra & Mahindra Ltd.

Dr. Stephen MacMahon - Principal Director, The George Institute for Global Health, Professor of Medicine

at Sydney and Oxford University

Dr. Catherine Bernand - Director, Service and Research Institute on Family and Children (SERFAC)

Dr. Swaroop Sampat - Celebrity, Educationist and Social Activist

Mr. Sandeep Roy Choudhury - Partner, Value Network Venture Advisory Services LLP

Mr. Saharsh David - Head CSR, Sandvik Asia Pvt. Ltd.

Mr. Deepak Arora - CEO, Essar Foundation

Ms. Urvashi Devidayal - Head of Programs - South Asia, Thomson Reuters Foundation

Ms. Nishtha Satyam - Head, Strategic Partnerships, Policy Impact and Public Relations, UN Women

Dr. Hameed Nuru - Representative and Country Director, WFP India

Dr. Ajit Parulekar - Director, Goa Institute of Management

The event saw participation from top 50 domestic corporate leaders along with key political leaders. Shri Prakash Javadekar, Minister of State (Independent Charge), Environment, Forests and Climate Change, was the Chief Guest for the event, while Shri Subhash Desai, Cabinet Minister for Industries, Government of Maharashtra, was the Guest of Honour. Other eminent personalities present at the event were:

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Hon'ble Union Minister of State (Independent Charge) for Environment, Forests & Climate Change, Shri Prakash Javadekar; Hon'ble Minister of Industries Maharashtra, Shri Subhash Desai; D K Sarraf, Chairman & Managing Director, ONGC; Lise Kingo, Executive Director, United Nations Global Compact, New York; Dr. Bhaskar Chatterjee, DG & CEO, Indian Institute of Corporate Affairs (IICA), Government of India; Dr. Uddesh Kohli, Senior Adviser, United Nations Global Compact; Pooran Chandra Pandey, Executive Director, UN Global Compact Network India; dignitaries; friends from media; ladies and gentlemen - good morning and a very warm welcome to all of you.

Friends,we are aware, that world leaders in 2000 committed to fight extreme poverty in its many dimensions by formulating an inspiring framework of goals called the Millennium Development Goals - MDGs, as we are familiar. The MDGs have saved the lives of millions and improved the conditions of many more by putting people and their immediate needs at the forefront. The MDGs reshaped decision-making in developed and developing countries alike, and putting all countries together firmly on track towards a more prosperous, sustainable and

thequitable world. On 25 September 2015, 193 countries gathered together at the UN summit on the Sustainable Development Goals (SDGs) to adopt an ambitious, new development agenda. The concept of SDGs was conceived with the objective to produce a

Lalit Kumar Gupta, MD and CEO, Essar Oil Limited

set of universally acceptable goals that balances the three dimensions of sustainable development i.e. environmental, social and economic. At the Sustainable Development Summit, UN member states adopted the '2030 Agenda for Sustainable Development', that includes a set of 17 SDGs replacing the Millennium Development Goals from 2015. The core of all SDGs can be summed up into 3 larger goals to be achieved by 2030, i.e. to end poverty, fight inequality and injustice, and tackle climate change, by addressing the 5-Ps:People, Planet, Prosperity, Peace and Partnership. These SDGs provide measurable and time bound definition to the broader goals that the MDGs stood for. SDGs have also brought out the aspect of partnership a lot more definitively, and early out.

Curtain Raiser Address by Lalit Kumar Gupta, MD and CEO, Essar Oil Limited

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There is now a remarkable conversation of vision underlining the priorities of SDGs and those of the present government in India. As highlighted in the Point of View document on SDGs, Government of India has clearly laid down defined programmes corresponding to each of the 17 SDGs. The Government's principle, in the words of the Hon'ble Prime Minister:“sabka saath sabka vikaas”, is the sum and substance of these SDGs. The present government lays greater emphasis than ever before, on the principle that the first claim on development belongs to the poor. The government is calling for improved sanitation, health, education, financial inclusion, security and dignity for all, especially women. Just to give an example, the PM gave a call to the affluent to give up the LPG subsidy. Responding to this, more than 8 million people gave it up, generating a reduction of INR 4,000 crores in subsidies. Due to this, the Government is able to provide 50 million free LPG connections to women below poverty line, in the next three years. So this is something that is very unique. Another big thing is affordable sustainable energy for which GoI has set a target of deploying 20 GW of grid connected solar power by 2022.

So friends, the present Government in India is highly focused on the SDGs. Pradhan Mantri Bima Yojna, Pradhan Mantri Fasal Bima Yojna, are a few of the schemes that talk of inclusive growth, which is going

to be the game changer in the time to come. Thus, over the next 15 years, both national, as well as the global development agenda will be preoccupied with the ambitious challenge of achieving 17 SDGs and 169 targets. In 2022, midway of the 2030 SDGs deadline, India would be celebrating 75 years of its independence which is when the static objective of providing health nutrition and education for all is expected to be accomplished.

The estimated cost of implementing the SDGs in India by 2030 is about USD 14 Trillion, according to a study by the Technology and Action for Rural Advancement. This clearly implies that the government cannot entirely undertake this tough task alone. The role of corporates therefore, in joining hands as partners in this process assumes greater importance now. The provisions of CSR should now pave the way for greater clarity and a focused, collaborative action plan. Several Indian business houses are already doing excellent work on many issues under these SDGs.

The convention comes at the right time as the industry is proactively looking for real groundwork and achieving visible impacts. Today's deliberations should positively catalyse this process and provide the road map to take the journey forward. Industry level collaboration must be looked at for boosting more rigorous sustained action on pertinent issues like health care, sanitation, skill building, and quality education, at all levels. Let us also bear in mind that this deliberation is not solely about guiding CSR towards larger goals of development but also about transforming approaches more intensively and making them inward looking, thus focusing on non-negotiable and sustainable internal processes.

A holistic approach towards demonstrating responsible behaviour and community action is the way forward. Genuine collaboration with the larger vision towards contributing to the ambitious, yet achievable goals is what is imperative. So friends, this is the right time that we join hands in a collaborative way making this ecosystem a better place to live. I am reminded of a very simple yet powerful message of Swami Vivekananda, “be and make”. Each one of us can make a huge difference if we start taking responsibilities - responsibility to contribute, and responsibility to help others to contribute.

Thank You and Jai Hind.

(Post this, a short audio-visual was played to explain the SDGs.)

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Shri Desai started his speech by talking about the extreme drought conditions that Maharashtra faces. He mentioned that majority of the state today is suffering due to inadequate and untimely rains, hailstorms, and drought. This, he said, is a result of climate change. To combat the same, he mentioned about the initiatives taken by Mr. Devendra Fadnavis, Chief Minister of Maharashtra. The initiative called Chalayukta Shivaar, which aims at making sustainable programs in watershed conservation. “Whatever water is received from the heavens, each drop of it should be conserved and must be allowed to be used at the time of distress”, said Shri Desai.

He appealed to the corporate world to divert all efforts through CSR towards watershed management schemes. The CM and his colleagues repeatedly visit adversely affected areas and are considering the methods to overcome this crisis. Many corporates have already joined these initiatives and several

Shri Subhash Desai, Guest of Honour, Cabinet Minister for Industries, Government of Maharashtra

He brought attention to the efforts that the Maharashtra government is taking to improve the 'ease of doing business', such as:

The number of approvals needed have been reduced from 76 to 37.

Inspector Raj has been ruled out - no inspector can visit a factory without permission from the higher authority.

Agricultural to industrial land conversion has been simplified. Collector has to now either approve, or reject within 15 days.

Adequate arrangements have been made for infrastructure development, land, and power.

He summarised by saying that at the same time the government is also concerned about the society and CSR and hence requests for continuous cooperation and support in this area.

projects are now being developed in different parts of rural Maharashtra. He claimed surety that in June when the rains start, all of these efforts would be yielding results.

Shri Desai further pointed out

that CSR is in a “new phase

where contributing 2 percent of

the annual profit is made

mandatory for projects and

schemes”. About a hundred

years back, Mumbai was a group

of seven islands that were joined

by reclaiming sea land. Even at

that time there were

businessmen who thought of

social well-being. Nana Shankar

Seth took the initiative to build

the first Indian railway line

between Mumbai and Thane. He

also took many initiatives in

health, education, etc. Similarly,

many other industrialists - Tatas,

Birlas, etc., did a large amount of

work towards development when

there was no formal concept like

CSR. As the Minister for

Industries, he appealed to all to

come forward and concentrate

efforts in this area.

Address by Shri Subhash Desai, Guest of Honour, Cabinet Minister for Industries,Government of Maharashtra

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“Although India is responsible for only three percent of the global carbon emissions, it is ready to combat climate change, and the government's commitment to sustainable development is full and final”, said Union Environment Minister, Shri Prakash Javadekar while inaugurating the event. Stating that climate change was "a reality", he noted that the global temperature has risen by one degree owing to 150 years of uncontrolled carbon emission by the developed world without bothering about the environmental impact.

Shri Prakash Javadekar, Honourable Chief Guest, Minister of State(Independent Charge), Environment, Forests and Climate Change, Government of India

“While the cumulative contribution of the US, Europe, Canada is 30 percent, other developed world accounted for 50 percent, China 10 percent, whereas India is responsible for only three percent of carbon emissions”, said Shri Javadekar.

“Though India is not part of the problem, it wants to be part of the solution, as it is well aware of its responsibilities, and is committed to United Nations Goals on Sustainable Development", said Shri Javadekar.

Elaborating on Prime Minister Narendra Modi's vision on climate change, he said the government's commitment is reflected in every program being pursued by the country in this regard.

Shri Javadekar also listed out the ambitious 175 GW renewable energy program covering solar, wind, hydropower and nuclear energy, and other proactive measures taken by the Government, to discourage use of fossil fuels to reduce carbon footprint, as a major step in promoting environment-friendly development.

Inaugural Address by Shri Prakash Javadekar,Honourable Chief Guest, Minister of State(Independent Charge), Environment, Forests and Climate Change, Government of India

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“Technology is now available for replantation of grown trees through mechanised uprooting and transplantation at the alternative site. Delhi Metro is a standing example in this regard, where for every one tree cut, five more trees were planted",added Shri Javadekar.

“The Union Budget 2016 - 17 has levied a green cess of USD 6 (INR 400) per ton of coal. This is perhaps the highest levied in the world, as even the US taxes coal at around USD 1. If the developed world were to follow India's example and levy higher taxes on coal, billions of dollars would accrue to pursue clean energy programmes", he said.

Referring to the Pradhan Mantri Ujjwala Yojana, under which five crore rural poor households will be given free cooking connections, he said that not only would the programme prevent 5,000 new homes every day, from cutting down trees for firewood, it would also provide health benefits to the women who cook in these households.

He added that the country will move to Bharat-VI emission norms to control vehicular

pollution, and also listed policies on waste management and massive tree plantation drive through Compensation Afforestation Fund Bill 2015, as measures to attain sustainable development.

Emphasising that environmental clearance would not be a roadblock for development, Shri Javadekar said that in the last 20 months, his ministry has given eco-clearance for 900 projects worth around INR 600,000 crores investments, and that a 10-year average time for eco-clearance of 600 days has now been brought down to 190 days, which is further planned to be reduced to 100 days.

Dwelling on the controversy over Mumbai Metro Car Shed at Aarey colony, he suggested sustainability practices as a viable solution to address the issue.

(From left to right: Shri Prakash Javadekar, Dr. Uddesh Kohli, Lise Kingo, Shri Subhash Desai, Dinesh Kumar Sarraf, Lalit Kumar Gupta, Dr. Bhaskar Chatterjee and Pooran C. Pandey)

Mr. Sarraf started his speech by welcoming all the guests and extending a special thanks to the Union Environment Minister who had taken an early morning flight at a short notice to inaugurate the convention. He mentioned that the environment minister has been guiding the department very well.

Mr. Sarraf highlighted the sheer grandeur of the event by bringing attention to the following facts:

The convention on SDGs is the first dedicated program at this scale anywhere in the world.

More than 50 CEOs of member and non-member companies attended the event.

Ms. Kingo's gracious presence; and Live streaming of the event along with television coverage.

He further spoke about the COP21 summit at Paris, and how it unleashed a new chapter of hope for seven billion people around the world. The climate change conference acknowledges the importance of sustainable lifestyles and sustainable consumption patterns. Recent months have been quite eventful, since SDGs were launched, and COP21 was conducted in Paris. These events have shaped the history of mankind. The SDGs have created new pathways for protection of people, planet and prosperity through a multi-stakeholder approach. All stakeholders - government, society and business, are now gearing up to take leadership roles in ensuring the three pillars are integrated at all levels of actions and performances. The role of business will continue to be very vital in achieving the SDGs, said Mr. Sarraf.

In his opinion, GCNI will be the enabler, aggregator, and fast tracker of these global goals. Going forward, these SDGs will determine the success of every nation.

“This conference comes at an opportune time when nations are coming together to collaborate. This will create tremendous pressure on the society to act”.

Mr. Sarraf added that India is uniquely positioned to adopt the goals. There are certain challenges though, such as the need to continuously identify innovative ways to tackle poverty, hunger, ecological imbalances, and resource shortages. This will call for the need of a holistic framework that stakeholders can leverage to shape, and drive their growth agenda. That framework is provided by the SDGs.

He opines that it is important for all to embrace SDGs as we move ahead on the growth curve, and releasing first of its kind PoV document on SDGs, which is the first step in creating awareness and understanding. He ended his speech by expressing gratitude to everyone who could make it to the event.

Post this, the guests were

felicitated and the Point of View

document that Accenture created

on the SDGs was launched.

Welcome Address by Dinesh Kumar Sarraf, Chairman & Managing Director, Oil and Natural Gas Corporation Limited

Dinesh Kumar Sarraf, Chairman & Managing Director, Oil and Natural Gas Corporation Limited

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Ms. Kingo mentioned, “We should all, as Global Compact members and participants, be proud of the role we have together been able to play in the world when it comes to driving climate change agenda”. She commended Javadekar for his energy at COP21 Paris, and expressed happiness “to see India playing such a leading role”.

“The convention was organised because of the known critical role that business will play in the transformation to a sustainable future. SDGs open up enormous opportunity to be a force for good. SDGs can be a light house that guide the way for all of us to help improve the world” said Ms. Kingo, while talking about the significance of the convention.

She remarked that the India network has been mobilising businesses for years, way before

succeed against the rising demands from markets, investors, employees and consumers. Companies that do business responsibly will be the leaders tomorrow”.

She highlighted two of the tools that UNGC is working on to facilitate SDGs.

SDG Compass will help companies align their strategy with the global goals, measure and manage their contribution to realising the goals.

SDG Industry Matrix is filled with inspirational examples on how companies from various sectors are already taking actions.

Lise also brought attention to the multi-year local network SDG action plan launched by UNGC, designed to assist all local networks around the world, in developing and executing relevant SDG implementation strategies, and linking these with national plans of action. “Given India's huge population, the steps that India takes will make a huge contribution in achieving the SDGs globally”, she added.UNGC is undertaking a global search for local SDG pioneers who are making global goals their local business. These pioneers were showcased at New York, in the UNGC Leaders' summit in June, to inspire further action. The job now, she said, is to move from adaptation to action.

SDGs were adopted, to the extent of even seeking inputs from stakeholders into what the SDGs should be. This PoV is an important step in making a business case for SDGs in India and demonstrating how businesses can help unlock their inherent value. She added that if all companies took fundamental steps like respecting employee rights, not polluting, and refusing corruption, important strides towards the global goals could be made.

She mentioned that there are many opportunities for companies to tackle global challenges, whether related to food and water crisis, or conflict and inequality. More companies need to transform their business models, given the changing scenario. “We are entering an era where sustainable business is the new normal. Those who fail to recognise this won't be able to

Lise Kingo, Executive Director, UNGC, New York

Opening Address by Lise Kingo,Executive Director, UNGC, New York

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everyone wants”. He mentioned that today there are close to a hundred networks globally, and “GCNI has organised the Asia Pacific Centre, and the Centre of Excellence for Responsible Business to help organisations in various countries of the region in spreading knowledge of The Ten Principles of Global Compact and sustainable development”.

He quoted Prime Minister's statement on March 3, 2016 in the parliament that asked for MPs to sit for an extra day, to discuss India's role in accomplishing sustainable development goals finalised by the UN. This, he said, shows the PM's commitment to the organised.

He concluded the address with the hope that more publications such as the one launched with Accenture on SDGs, would be brought out to help people understand the SDGs better.

Dr. Uddesh Kohli, Senior Adviser, UNGC, New York

Dr. Kohli began his speech by reminiscing about a similar morning on Dec 20, 2000, when a meeting of top 20 Indian CEOs was hosted by Mr. Keshav Mahindra and Dr. Deepak Parekh, at Taj Chambers, Mumbai. This meeting was held after about five months from the global launch. CEOs of both public and private sector attended that event and they discussed about global compact and if it should be launched in India. It was then decided to be launched in India since it would encourage corporate citizenship.

That meeting was followed by similar meetings in Delhi, and other metro cities where several companies signed up for Global Compact, which later led to the formation of a legal framework.

Dr. Kohli opines that a company signatory to Global Compact is viewed as a company having responsible business practices. “It's an image that

Special Address by Dr. Uddesh Kohli, Senior Adviser, UNGC, New York

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Dr. Chatterjee brought attention to the daunting charter that the UN has posed across the globe. He mentioned that India does not recall very happily of its experiences with MDGs starting in 2000,“Our performance in all the eight goals was modest at best, in most of them we struggled. It's now a completely new opportunity, though even more difficult”.

Dr. Chatterjee further added, “Today is a call for action. We need to put our heads together, and get footsteps together, to work on this. Irrespective of what we do, how we chart our way forward, at the centrality of all thinking must be the poor, marginalised, and deprived. Civil societies, governments, must remember the raison d'etre for all seventeen goals to ensure a

better quality of life for those who could not make it”.

He pointed out to the directional change in the thinking of the UN - from connecting with governments to now reaching out to the private sector, harnessing their energy, innovation, strategic inputs, capabilities, and capacities.

Talking about responsible businesses, he said that India has both an appeal and a regulatory mechanism. This is exemplified by measures such as SEBI's mandate to top 500 companies to submit their business responsibility reports regularly.

Talking about the role of the civil society in the entire picture, he said that:

Today is the time to set up, be activists, be vigilantes, and hold people to accountability.

Be active partners, hold hands with corporate and government.

Work on the round with communities, and participate in deliveries.

To conclude his address, he pointed out that monitoring the eight MDGs was in itself, a humongous task, and “now that there are 17, questions have now arisen, such as who is going to track the path quarterly? And who will be the conscience of the nation?”This he said, calls for the need to build a mechanism where there is someone to coordinate; and this is where partnerships come into play.

Address by Dr. Bhaskar Chatterjee, DG & CEO, Indian Institute of Corporate Affairs (IICA),Government of India

Dr. Bhaskar Chatterjee, DG & CEO, Indian Institute of Corporate Affairs (IICA), Government of India

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Mr. Pandey summarised his speech in three key points:

The UN is changing massively.

Roles that businesses are taking on themselves are fantastic. Companies are not only following the rule of the game but are publicly committing as well.

Gender equality exists at both local and global level, supported by the fact that there are more female employees than male employees in UNGC offices.

Post this, he thanked all his colleagues and friends on the dais for contributing to the convention in their own way.

Pooran Chandra Pandey, Executive Director, UN Global Compact Network India

Mr. Dinesh K Sarraf – “for his simplicity and modesty, and an eye for detail”.

Mr. Lalit K Gupta – “for his unconditional support and for being available at any time”.

Ms. Lise Kingo – “for bringing in her private sector experience to UN”.

Dr. Kohli – “for being there since the launch of UNGC in India. He monitors the GCNI very closely”.

Dr. Bhaskar – “for guiding the GCNI all through. He has never said no to any event and champions the values of UNGC”.

The two ministers –“for being involved in the convention and sharing their thoughts and views”.

Accenture – “for supporting GCNI and creating the point of view”.

CNBC - to spread the message across.

Committee members, volunteers, team members, attendees- for managing the event.

He concluded by saying that the th17 goal is the best one to look

at –“in individual capacities for all of us, it would have been very difficult to pull this off”.

Vote of Thanks by Pooran Chandra Pandey, Executive Director, UN Global Compact Network India

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The panel discussion on SDGs was moderated by AB Ravi from CNBC TV 18, and was aired on the channel on Mar 26, 2016. The panel comprised of:

Lise Kingo - Executive Director, United Nations Global Compact, New York

Parag Satpute - Managing Director, Sandvik Asia Pvt Ltd.

Rajiv Agarwal - MD and CEO, Essar Ports

Vishvesh Prabhakar - Managing Director, Sustainability, Accenture Strategy, India

Sandip Sen - Global CEO, Aegis Ltd.

Satyajit Ganguly - Managing Director, ONGC Tripura Power Company Ltd.

The moderator started with the preamble: “What is the business of business? It is to make quarterly profits, take care of

(From left to right: Parag Satpute, Rajiv Agarwal, Lise Kingo, AB Ravi, Vishvesh Prabhakar, Sandip Sen & Satyajit Ganguly)

stakeholders – shareholders, customers, and employees, in that order”. Historically, he remarked, social issues were never the problem of the corporates. They were largely left to the government to take care of. The scenario is rapidly changing now, thanks to initiatives from UNGC. This has sensitised companies to do business responsibly. India is the first country to make CSR mandatory. Most corporates have a dedicated department that looks into much more than funding a good cause. The question, he said, is how to integrate people, planet, and prosperity. The moderator mentioned about the MDGs that were launched in the year 2000, and went on for 15 years. Now that the focus has shifted to SDGs, he sought to understand the fundamental differences between the two, the achievements of the MDGs and, what the UN proposed to achieve under SDGs.

To this, Ms. Kingo elaborated that there is a big difference

from when the MDGs were created back in the year 2000, to the new SDGS that have just been adopted. One major difference being that very few people knew when the MDGs came out several years ago. The MDGs are completely different from the new global goals, she said. Multi-stakeholder processes had been going on for three years before they were adopted in September last year. A lot has been done to create stakeholder awareness and involvement signalling that something new would happen. Looking at the large sample of companies that are signatories of global compact, more than 70 percent knew that SDGs were coming and more than 40 percent said that they are willing to include SDGs in their business strategy. Hence, the awareness level around the goals is completely different this time.

A.B Ravi mentioned about the CEO study on sustainability that Accenture conducted jointly with the UN and asked Vishvesh Prabhakar to throw light on the

High Level Business Panel on Sustainable Development Goals: Broadening the Horizon for India’s growth and transformation

key findings. The study covered more than 1,000 CEO surveys across 100 countries. The key insights that came out of the study were:

More than 90 percent of the CEOs surveyed indicated that sustainability is crucial to the future success of their businesses. However, only 40 percent of the CEOs were able to articulate the business benefits of sustainability. And these were the companies that have reached the trust sweet spot, i.e. an area where the business benefits and the societal benefits converge.

CEOs are looking for support from government, civil society to take forward the sustainability agenda. The support specifically sought from the government is around policies and creation of an enabling environment and the support sought from civil societies is in terms of forging partnerships to drive on ground implementation.

The moderator further asked if the size of the organisation mattered for this, and given that quarterly pressures drive the corporates, if sustainability was a part of the vision of the company.

Vishvesh mentioned that many organisations that have been transformational leaders, looked at sustainability from the lens of cost reduction, revenue enhancement, brand enhancement, and risk mitigation. This was how sustainability and business agenda converged. Small companies are already cognizant of this fact, and their efforts despite not being as publicised as those of a large company, were considerable as they too source, and work responsibly.

The moderator then asked the corporate panelists to list the top sustainability activities of their companies.

A B Ravi Editor, Special Projects, CNBC TV18

Vishvesh PrabhakarManaging Director, Sustainability, Accenture Strategy, India

Talking about the role that technology might play, Vishvesh added that research shows demand for resources would reach three times the available supply at the current pace. To implement SDGs, total investment required would be USD 4.5 Trillion/year. A deficit of USD 3.1 Trillion exists right now. Hence, technology is at the heart in helping navigate this deficit. He presented the examples of direct delivery of subsidies to bank accounts under the Aadhaar scheme, and the use of LEDs to reduce electricity consumption, as useful steps in this direction.

17

He mentioned that his company uses best in class technology to drive efficiency. The technology also helps reduce pollution to 40ppm against environmental standard of 150ppm. They also have a power surplus and are now planning of exporting power to Bangladesh.The technology leads to reduction in Carbon Dioxide emmisions by feeding clean power into the grid. And, also ensure that their is no displacement of people or any degradation of land.

They have BPOs in Tier-III & V towns. His company generates employment at places where it is tough for the youth to get jobs. They provide extensive training and in the process have transformed lives. They also vouch for gender equality and, right now women constitute 47 percent of their total employees. Since the costs of doing business and attrition were less, hence it is tied with business opportunities.

Essar Ports has developed backward places, and has created infrastructure - schools, hospitals, power plants, roads, etc. in the areas where they operate. He said that they work in a way that they do not harm the environment. They've planted millions of mangroves, provided free passage to fishermen, and encouraged local employment, which has led to an increase in the income levels. All of this, he said, was aligned with their vision of business.

Sandip Sen,Global CEO, Aegis Ltd.

Satyajit Ganguly,Managing Director,ONGC Tripura Power Company Ltd.

Rajiv Agarwal, Managing Director & CEO, Essar Ports

He mentioned that his company strategy is based on three pillars – social, environmental, and economic. They make cutting tools out of Tungsten Carbide that is depleting. They've developed technology to recycle the tools to preserve the element. The recycling process takes 40 percent less energy to produce the tools, which leads to lesser emissions. They are also working on a technology to develop cars where the only emission would be water. Parag listed the following as the three big challenges that India faces in implementing SDGs: which are: Prioritisation of focus, having the data to assess & measure the impact and ownership.

Parag Satpute, Managing Director, Sandvik Asia Pvt Ltd

18

19

AB Ravi mentioned that today there are seventeen goals, while when Kofi Anan set up the UNGC, the thematic area had been Human Rights, Labour, Environment, and Anti-corruption. “Business as per UN should work against corruption in all its forms including extortion and bribery”. He questioned if it is practically possible to do so.

Satyajit Ganguly mentioned about the existence of systems, processes, and procedures in the country that are very clear about corruption and how it can be controlled. Also, Information Technology had given the opportunity to carry out online vendor specification and online bidding, which removes corruption to a great extent.Rajiv Agarwal was also of the opinion that IT is going to be the biggest game changer. It would open up everything, and lead to transparency. Sandip pointed out that e-governance for land registrations, birth certificate, etc. would further help in reducing corruption.

AB Ravi then turned the focus to the falling air quality index in China, Japan, and India, specifically Delhi. He sought measures to tackle the issue and questioned who were to take the lead – corporate or the government?

Vishvesh suggested that this would need a multi-stakeholder approach. “How should we change our culture and behaviour, recognising that we are borrowing from the future? This then needs to be incentivised or de-incentivised. Government's role is in creating policies that create incentives for say, using public transportation, for creating infrastructure for citizens to change their behaviour. The issue is complex but solvable. Technology will play an important role in this. Application based systems which make commute very friendly, allow citizens to share their vehicles in a safe manner with people who they might not even know. It is a question of recognising that we have to solve this together”.

AB Ravi then took the discussion to labour and reminded the panel of what happened at Maruti Suzuki and asked for solutions to avert such incidents. Sandip Sen pointed out that his organisation provides education, recognition, rewards, and cares about the well-being of its employees. He said that a company's reputation is based on how well its people are treated, so it has to be taken into consideration. Rajiv mentioned that there is a huge change in the concept of labour. The tug of war between labour and management has reduced considerably and that with high levels of mechanisation, even people at the lowest level are skilled.

Talking about Human Rights, the moderator questioned if businesses can be a champion of safe childhood. Parag Satpute pointed out that his organisation has a code of conduct for its suppliers that ensures by conducting regular audits and training sessions that child labour is not practiced in their operations. .

(From Left to Right: Rajiv Agarwal, Lise Kingo and AB Ravi)

AB Ravi asked Lise on how the UN plans to create awareness about SDGs in India besides holding these type of events and if there are any plans of

educating people at the college level. Kingo acknowledged that it would be a huge task to do so. What can instead be done is to translate SDGs and make them easy to understand by weaving simple stories that people can relate to.

There is a big difference from when the MDGs were created back in the year 2000, to the new SDGS that have just been adopted. One major difference being that very few people knew when the MDGs came out several years ago. The MDGs are completely different from the new global goals, she said. Multi-stakeholder processes had been going on for three years before they were adopted in September last year. A lot has been done to create stakeholder awareness

(From left to right: Parag Satpute, Rajiv Agarwal, Lise Kingo, AB Ravi, Vishvesh Prabhakar, Sandip Sen & Satyajit Ganguly)

Lise Kingo, Executive Director, UNGC, New York

and involvement signalling that something new would happen. Looking at the large sample of companies that are signatories of global compact, more than 70 percent knew that SDGs were coming and more than 40 percent said that they are willing to include SDGs in their business strategy. Hence, the awareness level around the goals is completely different this time.

India currently ranks number two on the sustainability agenda. To reach the position of number one, Lise mentioned that, India needs to create a powerful and a measurable SDG plan.

Post this discussion, the panel answered questions that were posed to them by the audience.

20

The moderator for this discussion was Anurag Goel, Former Secretary, Ministry of Corporate Affairs, Government of India. He is also an ex-member of the Competition Commission of India and currently runs a think-tank named Shaping Tomorrow. The panelists included:

Vinod Pandey - Head - Government and External Affairs, Sustainability Communications, CSR, BMW Group India.

Green Transformation - Protecting the Planet through Stakeholder Collaboration and Policy Intervention

(From left to right: Vinod Pandey, Anirban Ghosh, Anurag Goel, M Venkatesh and Narinder Thakur)

M Venkatesh - Director - Refinery, Mangalore Refinery and Petrochemicals Limited.

Narinder Thakur - General Manager (Corporate Administration, HSE & CSR), Bharat Heavy Electricals Limited.

Anirban Ghosh - Vice President - Group Sustainability, Mahindra & Mahindra Limited.

Thematic Session I:

22

The moderator started with his experience of how Assam was the first Indian state to launch and adopt SDGs. Owing to technology explosion and disruptive innovation, the next fifteen years would not be similar to the last fifteen years of the MDGs. In the words of Travis Kalanick, Co-founder and CEO of Uber, “Those who make magic can see the future”. The focus should be on back-casting and not on forecasting. “We know what we want in 2030, and hence we should work backwards from there”, said the moderator.

Anurag Goel, Former Secretary, Ministry of Corporate Affairs,Government of India

Venkatesh mentioned that the industry has accepted the challenge of supplying high quality diesel. In terms of meeting the SDGs, the incentive comes from higher efficiency, and becoming responsible in terms of CO emissions. The 2

timeline for BS6 norms has set the clock ticking. That adds to improvement in quality of fuel and downstream emissions impact too. He also added that a unique approach needs to be adopted and a structural realignment is needed to bring sustainability across the value chain.

Vinod Pandey explained the BMW Group's holistic approach to sustainable mobility that is driven across the value chain. Individual mobility, along with mass mobility will continue to play an important role.

Automotive Industry is witnessing structural re-alignment with focus on low carbon development and environmental sustainability. Electric mobility will strongly influence the future mobility landscape. BMW Group launched BMW i to offer visionary electric cars and mobility services, with new understanding of premium, strongly defined by sustainability.

The Government needs to play an enabling role through policy support for demand creation, charging infrastructure development etc. Government has launched “FAME” scheme, however, BMW strongly recommends “significantly reduced customs duty” on imported electric and plug-in hybrid electric cars, for an initial period of three years to drive the first wave of adoption.

Vinod Pandey, Head - Government and External Affairs, Sustainability Communications CSR, BMW Group India

M Venkatesh, Director - Refinery,Mangalore Refinery andPetrochemicals Limited

(From left to right: Vinod Pandey, Anirban Ghosh, Anurag Goel, M Venkatesh and Narinder Thakur)

23

Anirban Ghosh spoke about policy intervention. In his opinion, the root cause of these issues is the ever-increasing population. In India, 60 percent of the population is expected to live in urban areas in the next 30-40 years.

The first challenge will be to provide accommodation to them. 70 percent of India's buildings are yet to be built, while 40 percent of all the emissions come from buildings around the world. Hence the way buildings are made needs to be changed; Green buildings need to be focused on. The second challenge will be to provide transportation. Adoption for electric cars needs to be increased. Today people don't buy electric cars because of their lower value proposition.

Third challenge will be landfills. Currently 73 - 83 percent of waste is not

Anirban Ghosh, Vice President- Group Sustainability, Mahindra & Mahindra Limited

actually waste – 59 percent is biodegradable food, which is energy. Hence policy intervention is needed to develop an ecosystem for waste management.

Fourth challenge is water scarcity. In rural India, 80 percent of the water is used in agriculture. Micro - irrigation reduces water consumption by 30-40 percent. Government needs to enable the

The moderator mentioned that innovations like the concept of virtual offices, 3-D printing etc, will radically change the way we do things.

Narinder Thakur also discussed about working on a technology that desalinates water and is useful especially for power plant applications. The panel also answered questions that were posed to them by the audience. Narinder Thakur talked about the migration of BHEL to super critical, environment friendly technology. BHEL performs desulphurisation so that less Sulphur is emitted into the atmosphere. This technology is built in every piece of the equipment they manufacture. They promote biodiversity in the areas they operate in, for instance, BHEL has established the Pollution Control Research Institute in Haridwar. For the Clean Ganga mission, they've partnered with Defence Research and Development Organisation (DRDO) and FICCI to install bio-digesters based toilet on the banks of Ganges from Rishikesh

adoption of micro-irrigation across regions.

Narinder Thakur,General Manager (Corporate Administration - HSE & CSR) BHEL

to Haridwar, wherein faeces will be converted into methane and water by using anaerobic process. BHEL has introduced compressed leaf plates in townships and has banned the use of thermocol plates. This also provides livelihood to the tribal community who manufacture the plates.

BHEL's contributions towards Corporate Social Responsibility till date include adoption of villages, organising free medical camps/supporting charitable dispensaries, schools for the underprivileged and handicapped children, providing aid during disasters/natural calamities, providing employment to handicapped and Ex-serviceman, rainwater harvesting, plantation of millions of trees, energy saving and conservation of natural resources through environmental management. Post this, the panel discussed about the future of green fuels for transportation, specifically the technology.

Community Welfare - EnsuringBetter Health and Better Qualityof Life for the Citizens

Dr. Swaroop Sampat - Celebrity, Educationist and Social Activist

Dr. Catherine Bernand - Director, Service and Research Institute on Family and Children (SERFAC)

Sandeep Roy Choudhury - Partner, Value Network VentureAdvisory Services LLP

Saharsh David - Head CSR, Sandvik Asia Pvt. Ltd

An audio-visual was shown to introduce the topic of discussion. The moderator for this discussion was Dr. Stephen MacMahon, Principal Director,George Institute for Global Health, Professor of Medicine at Sydney, and Oxford University.The panel comprised of:

(From left to right: Dr. Swaroop Sampat, Dr. Catherine Bernand, Dr. Stephen MacMahon, Sandeep Roy Choudhury and Saharsh David)

Thematic Session – II

25

The moderator started by acknowledging the fact that health and wellness are two of the most complex and difficult issues that countries face in terms of improvement and meeting SDGs.

From his experience in the health domain, Dr. MacMahon detailed upon the current challenges that India faces and how they relate to the likelihood of achieving the SDGs. He said that India has experienced enormous health gains but still more needs to be done.

Life Expectancy - Over the last 15 years, India has seen an increase in life expectancy by 8 years. The major driver for the same has been reduction in death during childhood. India has seen a 50 percent reduction in childhood deaths in the same 15 years period. The death rate today stands at 48 per thousand life births while the SDG targets 25 per thousand. The jump seems eminently possible.

Maternal Mortality - India has seen a 65 percent reduction in the last 15

years. The current rate is 174 per hundred thousand while the SDG goal is 70.

Infectious Diseases - India

has seen a 50 percent

reduction in death from

Tuberculosis (TB). Despite

that, India still has the

maximum cases of deaths by

TB. Last year, more than 2

million new cases of TB

were identified. The SDG

target is 0, which will be

tough to achieve.

Chronic Diseases - This is

the leading cause of deaths

in India. There has been a

50-60 percent increase in

deaths from heart diseases in

the last 15 years. The SDGs

however target a 30 percent

decrease.

Injury and Trauma - Over

the last 15 years, there has

been a 50 percent increase

while the SDG is a 50 percent

reduction in injury and

trauma. Achieving this poses

as an enormous challenge.

Today India has twice as

many deaths from heart

diseases as the rest of the

world does.

The age in which people

suffer from heart diseases in

India has declined by 10

years, while for rest of the

world the age has increased.

Chronic diseases in last two

decades in India cost it

USD 700 Billion. The estimate

for the next two decades is

USD 6 Trillion.

Dr. Stephen MacMahon,Principal Director, George Institute for Global Health, Professor of Medicine at Sydney, and Oxford University

Dr. MacMahon then asked Dr. Bernand on how she sees the family being a critical contributor to improvements in health and welfare of the population in the coming decades. Dr. Bernand acknowledged the essential role that family is to play for not just welfare but also for well-being of the society and the community. She mentioned how futuristic the Service and Research Institute on Family and Children (SERFAC) which she founded in 1986 is.

They foresee problems before the problem starts.

They are proactive in terms of trying to influence the problem before the problem is deep seated.

When the problem comes, they take action to minimise both the impact and the consequences.

Dr. Bernand feels that health has to go beyond mere physical prevention of diseases or curing to the healing of the person. Today many diseases are diagnosed as psychosomatic because of the high stress levels. Here the role of family becomes important in supporting the individual, caring for, and nurturing the well-being of the members.

Dr. Catherine Bernand - Director, Service and Research Institute onFamily and Children (SERFAC)

26

The discussion then went on to the role of education in improving the health and well-being of the community. Dr. Sampat summarised the entire concept in three key words 'Education, Life Skills & Imagination'. She said, “unless you find things unendurable, you are not going to try to find a solution to them”.

She quoted her experience of working with an adivasi girl in Maharashtra, asking her about social imagination. The girl's reply was that it is how the society should be. Dr. Sampat mentioned that during her PhD days, one in seven hundred people suffered from mental health problems, which has now shot up to one in three. Hence mental health is going to be an issue for, and to sustain development. One of the ways to achieve mental health is through life skills enhancement. She mentioned how effectively it has worked with Anganwadi kids in her experience.

The discussion then moved to the role that CSR could play in improving health over the next 15 years.

Dr. Swaroop Sampat Celebrity, Educationist and Social Activist

Mr. David started with how his company's CSR policy directly impacts the key areas of SDGs. He said that corporates should direct their 2 percent CSR (making a reference to the 2 percent CSR rule in India) to areas that are mentioned in the SDGs. He mentioned his company's health program in Chiplun on Anemia. The company decided to make an impact on improving the services from PHCs, ensuring better testing methods, and ensuring behaviour change. Sandvik has also started tech-enabled ambulances in places where they operate and access to health services is bad. They're also a big contributor to the Swachh Bharat Abhiyaan, adopting villages where they operate and making them open-defecation free. During the process they also enabled behaviour change among villagers towards basic hygiene.

Sandvik also realised challenges such as access to health, testing costs, lack of a support system, and lack of identification of clear indicators for a healthy village, while executing the above initiatives.

The discussion then went on to harnessing resources from the private sector to pay for the improvement in health and well-being of the nation. Mr. Choudhury mentioned about issues around economic well-being, food security, water access, and sanitation that hamper the health of the populace. For food security, he said that storage is a problem and this is where the corporates can play a huge role. He suggested that instead of running programmes in silos, the tech companies should partner with the government and provide them support in their existing programmes.

He also stated that the corporates should direct their 2 percent CSR profit to the areas that are mentioned in the SDGs. Post this the moderator summarised the discussion and invited the audience to ask questions to the panelists. The question asked by audience added more depth to discussion to ensure better health and better quality of lifefor the citizens.

Sandeep Roy Choudhury Partner, Value Network Venture Advisory Services LLP

An audio-visual was played to introduce the theme of the summary session. The moderator for this discussion was Ms. Urvashi Devidayal - Head of Programs - South Asia, Thomson Reuters Foundation. The panel comprised of:-

Dr. Ajit Parulekar - Director, Goa Institute of Management Mr. Deepak Arora - CEO, Essar Foundation Dr. Hameed Nuru - Representative and Country Director, WFP India

Ms. Nishtha Satyam - Head, Strategic Partnerships, Policy Impact and Public Relations, UN Women

thIndia ranks 99 on the Global Prosperity Index, out of 142 nations. Clearly, GDP is not the correct indicator of health and prosperity of a nation. Prosperity means affordable healthcare, employment, democratic systems, decent living standards, and reduced inequality.

(From left to right: Nishtha Satyam, Dr. Hameed Nuru, Urvashi Devidayal, Deepak Arora and Dr. Ajit Parulekar)

Growth & Prosperity:Driving the Overall Economic Growthand Development in India

Thematic Session – III

28

The discussion started with Nishtha explaining the need to invest in women. She quoted some eye-openers - “An extra year of secondary school for girls can increase their future earnings by 10-20 percent. Girls who manage to complete secondary schooling are about 6 times less likely to marry as children than those with no education. Countries that invest in girls and their education have lower infant death, lower rates of HIV, and better child nutrition.” As per Nishtha, corporates and governments take a very silver bullet approach to investing in women. The investments should be targeted in dismantling the patriarchal system. The investments should be in public health, violence against women, making them more aware of their rights, their entitlement and contribution to the society.

Urvashi quoted that “75 percent of unpaid work is done by women. But when women work, they spend 90 percent of their

Nishtha Satyam,Head, Strategic Partnerships, Policy Impact and Public Relations, UN Women

He pointed out the fact that the cost of hunger in any country is between 3-5 percent of the GDP. The government has brought in more than 2 million people into the formal banking sector. Policy changes such as cash based transfers, rather than FCI, should be undertaken.

Dr. Hameed Nuru, Representative and Country Director, WFP India

earnings on their family.” The discussion then went on to the issue of hunger. Dr. Nuru stated “India ranks 80 out of 104 nations on the global hunger index. The number of people eligible for food safety nets is 800 million. India is no longer a poor country, it is a middle-income country. But still we have the bottom of the bottom that is being neglected. People talk about better education, better health, all of which will come only if people get to eat food at least once a day. Being a surplus food producer, India has the potential and the capacity to invest in food production. National Food Security Act, ICDS system, Mid-Day Meals, Targeted Distribution System, everything is in place to achieve the goal of zero hunger.” In his words, “All the ingredients to make cake are here in India, why are we still making biscuits”.

Deepak Arora CEO, Essar Foundation

Deepak mentioned that the Essar Group has always been conscious of the fact that the society needs to be sustainable; everyone around needs to be respected. Since most of their operations are in remote tribal areas, no matter what, the

company tries to live in harmony with the community.

The company is working in eight states and 12 districts of India to strive relentlessly in evolving relationships with communities, while taking the remoteness of locations, challenging circumstances and adverse local conditions in their stride. Till now the company have impacted more than a million lives positively across 500 villages in eight states of India in collaboration with key stakeholders, especially the local administration and institutions to facilitate development in education, livelihood, women empowerment and health.

29

Ajit Parulekar,Director, Goa Institute of Management

Urvashi pointed out “Ending hunger is a moral challenge and we all need to take action on that”. Good education is what every Indian aspires for. “Everyone looks at only the academic side. Having smart children is not the need, we need skilled workforce”. To this Ajit brought into discussion the UN Principles for Responsible Management. Some of the management schools have banked on the low hanging fruits – pursued courses on ethics and corporate governance.

The students at the management schools come from competitive environment, metros, and Tier-I towns. They are not socially sensitised and hence need to be shown the reality. Leading schools have sensitivity programs; many schools have engagements with governments, NGOs, Corporate CSR programs, etc.

The mission is to transform management education, research and thought leadership globally by providing the Principles for Responsible Management Education framework, developing learning communities and promoting awareness about the United Nations Sustainable Development Goals. Their principles are inspired by internationally accepted values, such as the United Nations Global Compact Principles, and provide an engagement structure for academic institutions to advance social responsibility through incorporating universal values into curriculam and

research. They seek to establish a process of continuous improvement among institutions of management education in order to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century.

Post this discussion, the panel answered questions that were posed to them by the audience.

Urvashi Devidayal, Head of Programs - South Asia, Thomson Reuters Foundation

(From left to right: Nishtha Satyam, Dr Hameed Nuru, Urvashi Devidayal, Deepak Arora and Ajit Parulekar)

Mr. Mohanty mentioned that Kerala, even before formation, has been looking at sustainability as the most important factor. “Travancore Maharaja was known for the emphasis he used to put on education and health. He was a big advocate of sustainability. Munnar has a cardamom hill reserve, courtesy Maharaja of Travancore, who was of the opinion that trees must be protected, even in forests''.

He pointed out that in Kerala, adequate and enhanced budgets are provided to the local governments to take active measures for sustainable living. Kerala's elaborate social security measures are another feather in the hat.

High population density, close settlements in low lands, and increasing movement to the services sector has caused rapid urbanisation in Kerala. This shift calls for greater investment in transportation, housing, water and waste management.

Talking about the primary environmental issues in Kerala, he said the root cause lies in deforestation, mining, paddy land conversion, disruption of backwater ecosystems, and the ever-increasing air pollution.

Department of environment and climate change has launched a few state level initiatives in this direction. With this he concluded his speech.

Valedictory Remarks

Mr. P K Mohanty,Chief Secretary, Government of Kerala

Mr. J. M. Mauskar, Former Special Secretary, Ministry of Environment & Forests

Mr. Mauskar talked about how, from the first five-year plan, India has been trying to do what SDGs today talk about, with climate change being the only missing element.

“Overtime, our population has become skewed towards the youth. With young population, comes their impatience, which policy makers, corporates, NGOs have to take into consideration. India is such a diverse country that whatever is true about India, the opposite is also true. Even though poverty is going down, economic inequality is increasing. All this makes the concept of climate change complicated. The natural variability of climate in India is huge. All of this makes sustainability complicated”, opined Mr. Mauskar.

He mentioned that during the Paris agreement, all the countries were required to give their Intended Nationally Determined Contributions (INDCs). India had pledged that:

The emission intensity of GDP will be reduced by 33 percent.

40 percent of power will come from non-fossil fuel energy resources.

Additional forest cover will be created to mitigate the ill effects of 3 Billion tons of carbon by 2030.

In Mr. Mauskar's opinion, “the states are not sufficiently involved. No development paradigm can succeed without the states on board”.

30

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About Global Compact Network India

Global Compact Network India (GCNI), formed in November 2000, was registered in 2003 as a non-profit society to function as the Indian Local Network of the UN Global Compact, New York. It is the first Local Network in the world to be established with full legal recognition. It also serves as a country level platform for businesses, civil society organisations, public and private sector, and aids in aligning stakeholders' responsible practices towards the Ten Universally Accepted Principles of UNGC in the areas of Human Rights, Labour, Environment and Anti – corruption, broad UN goals including Sustainable Development Goals, and other key sister initiatives of the United Nations and its systems.

At present, the India Network ranks among the top 10, out of more than 90 Local Networks in the world. It has also emerged as the largest corporate sustainability initiative in India and globally with a pan India membership of 250 leading business and non-business participants and 350 signatories, strengthening their commitment to the UN Global Compact Principles by becoming proud members of the Local Network in India.

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