Today's Date: May 16, 2022
Four recipients of the 2022 Awards of Excellence in Nursing announced from Indigenous Services Canada   •   Lincoln Financial expands Indexed Universal Life suite with survivorship product for wealth transfer and estate planning   •   Five Bluum Standouts Honored on CRN 2022 Women of the Channel List   •   The Coca-Cola Company to Participate in Upcoming Investor Conferences   •   Kim Kardashian, Ciara, Maye Musk and Yumi Nu Are Revealed as Sports Illustrated Swimsuit’s 2022 Cover Models   •   HyperX Renews Team Liquid Sponsorship and Welcomes Melee God Juan “Hungrybox” DeBiedma as HyperX Hero and Global A   •   Checkmarx' Ana Lucia Amaral Honored as a CRN 2022 Woman of the Channel   •   Kelley Heckert From DYOPATH Named on CRN’s 2022 Women of the Channel List   •   Global Surrogacy Services Announces Outreach to Potential Gestational Surrogates in Three Southwestern States   •   Tina Gravel, Jean O’Neill, Tamara Prazak, Jackie Funk and Tara Tomei Named to CRN’s 2022 Women of the Channel List   •   Revolve Group, Inc. to Present at Upcoming Stifel and William Blair Investor Conferences   •   Celmatix Announces Achievement of Key Preclinical Milestones in Premature Menopause Prevention Drug Program   •   As Overdoses Sharply Increase, Spero Health Brings Lifesaving Addiction Treatment with Opening of Three New Clinics in Virginia   •   Equitable Bank Releases Inaugural ESG Performance Report   •   Tracey Hayes from MicroAge Named on CRN's 2022 Women of the Channel Power 70 Solution Providers List   •   NCCI Golf Event Generates $25,000 for Kids' Chance of America Scholarships   •   RNR Tire Express Surprises Tampa-Area Woman with New Car in Mother's Day Giveaway   •   Closing the Health Disparity Gap for Black Women   •   Denver Health Expands Leadership Team with Addition of Chief Impact Officer   •   Mrs. Flowers Takes the Helm at Comfort Home Care, Rockville, MD
Bookmark and Share

Frost & Sullivan and TERI's Sustainability 4.0 Awards 2021 Honor Companies Embedding Sustainability with Economic Value Crea

Frost & Sullivan and TERI's Sustainability 4.0 Awards 2021 Honor Companies Embedding Sustainability with Economic Value Creation

PR Newswire

At the 12th edition, 23 awards were presented to companies for their exemplary performance in sustainability

MUMBAI, India, Jan. 17, 2022 /PRNewswire/ -- The 12th edition of Frost & Sullivan and The Energy and Resources Institute (TERI)'s Sustainability 4.0 Awards took place virtually on Jan. 12, 2022. The awards recognized companies embedding sustainability with economic value creation, thereby creating value for all stakeholders, building a safer environment, and ensuring a stronger community. This year's awards were presented to 19 companies across six major categories: Sustainable Corporate of the Year Award, Sustainable Factory of the Year Award, Safety Excellence Award, Leaders Award, Challengers Award, and the Jury Special Mention Award.

Dr. Reddy's Laboratories Limited, Hyderabad received the Sustainable Corporate of the Year Award, while Hindustan Unilever Ltd, Pondicherry HPC Factory took home the Sustainable Factory of the Year Award. The evening's other big winner was Toyota Kirloskar Motor Pvt Ltd, Bidadi, which earned the Safety Excellence Award.

This year's Jury Special Mention Award went to IIFL Home Finance Ltd, Gurgaon for its initiative "Kutumb," Rehau Polymers Private Limited, Pune for its initiative "UPCYCLE95," and Welspun India Limited, Mumbai for "30 MLD Sewage Treatment Plant to Recycle and Reuse Domestic Sewage."

The Sustainability 4.0 Awards program highlights the need for linkages between an organization's strategy, governance and financial performance and the social, environmental, and economic context within which it operates. This program enables businesses to make more logical and sustainable decisions that ensure long-term stakeholder value. It emphasizes the four pillars of sustainability: purpose, partnership, planet, and people.

Rahul Sharma, Director and Global Head, Manufacturing & Process Consulting Practice, Frost & Sullivan, said, "Frost & Sullivan and TERI's Sustainability 4.0 Awards follow an assessment methodology which is market-proven and provides insights to the participating companies to improve upon their processes and systems from a sustainability standpoint. The insights are primarily in 4Ps (purpose, people, partnership and planet), sustainability analytics (interweaving sustainability and data & analytics), and renewable energy consumption index. The companies which fared well in all of these parameters came out winners, and I would like to congratulate the winners of the 2021 edition of this award program."

Dr. Vibha Dhawan, Director General of TERI, said, "As India rebounds from the COVID-19 pandemic, we cannot afford to ignore the adverse impacts of climate change and the threat it poses towards the country's future growth. Short-term profitability has to be nurtured together with the long-term sustainability for recovering from the pandemic today as well as to put us onto the path of a low-carbon future in a 2050 timeline."

Dr. Dhawan added, "Businesses reflect the changing values and changing economics, which the world is currently witnessing, by focusing on resource efficiency and clean energy. As businesses carry out such initiatives, we need to make sure that others learn about them and the first-movers become the pioneers to inspire action by many. This fits with the ethos of our partnership with Frost & Sullivan. We aspire to have a larger number of companies in the country moving to structured sustainability programs."

Ajay Shankar, Chairperson, Jury Special Mention Awards; Former Secretary, DIPP, Government of India; and Distinguished Fellow, TERI, said, "The Special Mention Awards and the process represent a fundamental transformation towards a truly sustainable economy and society, taking place across the world. The Jury Panel was impressed by the mindset that is emerging across the companies—the priority that the management is giving to going back to the basics, to rethinking how their enterprises must be run, to how they can make the transition speedily to a sustainable future. India is on the cusp of a major transformation towards sustainability. India being a developing country, the Indian industry has the possibility of using the late-mover advantage to leapfrog to the global frontiers as leaders in the transition to sustainability."

To know more about the awards and the methodology, please visit To schedule an interaction with our spokespersons, please email Priya George at

To view the complete list of 2021 award recipients, please visit -

About Frost & Sullivan

For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion.

About TERI 

The Energy and Resources Institute (TERI) is an independent, multi-dimensional research organization with capabilities in policy research, technology development, and implementation. Headquartered in New Delhi, TERI has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary team of scientists, sociologists, economists, engineers, administrative professionals and state-of-the-art infrastructure. The TERI Council for Business Sustainability serves as the interface for its research work to be connected to the corporate world. Set up by TERI to recognize and promote sustainability leadership practices, the Council is a network of Indian business leaders working on a shared commitment to mainstream sustainability in business strategies and practices. To know more – connect with us.

Media Contacts:

For Frost & Sullivan:

Priya George, Corporate Communications

P: +91 44 6681 4414



P Anima, Media and Communications Lead


Sumit Bansal, Project Coordinator


P: +91 1124682100


Cision View original content to download multimedia:

SOURCE Frost & Sullivan

Back to top
| Back to home page

White House Live Stream
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Sounds Make the News ®
Atlanta - WAOK-Urban
Berkley / San Francisco - KPFA-Progressive
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
Washington - WOL-Urban

Listen to United Natiosns News