Top CEOs discuss business solutions for a low carbon future in India

6 November 2014

NEW DELHI: Leading CEOs discussed opportunities to promote a sustainable economy through business led solutions, at an exclusive Indo-Dutch roundtable today.

The event served as a platform for discussion among business executives to discuss the gathered leaders’ views on the contribution of the private sector to sustainable development, including corporate social responsibility (CSR).

Speaking at the event, Lilianne Ploumen, Dutch Minister for Foreign Trade and Development Cooperation, urged business leaders to look beyond CSR and to mainstream sustainability into their core business activity. She extended the full cooperation of the Dutch government to foster knowledge exchange among both Dutch and Indian business groups.

Alphonsus Stoelinga, Dutch Ambassador to India, moderated the discussions, which featured more than 15 business leaders and included representatives from TATA Steel, YES Bank, Philips, Shell India, Sun Group, RRB Energy and DCM India.

During his address, Suresh Prabhu, former Union Minister and Chairman of The Climate Group, congratulated the business leaders for their commitment to sustainability and stated: “Sustainability is both a social and economic issue, and business leaders have the capacity to play a vital role in the rapid upscale of sustainable models that will benefit all.”

Krishnan Pallassana, Executive Director of The Climate Group in India argued that investing in sustainable solutions can no longer be seen as a desirable option, but a necessity for a country like India to realize its social and economic aspirations. He said: “Evidence from across the world shows that investing in low carbon, sustainable technologies makes true business sense, benefitting both investors and the society at large.”

Marieke van Schaik, Managing Director of the Dutch Postcode Lottery which supported this roundtable, said: “The Dutch Postcode Lottery is a long-time partner of The Climate Group and we are excited with the developments in India in the field of clean energy."

The event was jointly organized by The Climate Group and the Netherlands Embassy, New Delhi with the support from the Dutch Postcode Lottery, in order to strengthen ties between Indo-Dutch business leaders and provide them with a strong knowledge-sharing platform to leverage a sustainable economy and low carbon initiatives.

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By Anisha Laming

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