Sustainability Management Framework
The CII-ITC Centre of Excellence for Sustainable Development is pioneering development and implementation of Sustainability Mangement Framework for Indian industry in the belief that future competitiveness requires internalization of sustainability management through a clear, practical, integrated framework. This is a systematic and integrated approach to optimize management of the key economic, environmental and social impacts of a company''s products/ services and processes. Benefits of adopting this framework includes enhanced decision-making, reduced risks, reduced costs, increased options and innovation, and increased number and loyalty of clients. These benefits position a company as partner of choice, attract talent and financial resources, and ultimately enhance competitiveness and profitability. Above all, CSM provides the prospect of being architects of a better future for businesses, for others and for generations to come. In direct contrast to the traditional management approaches of companies, businesses need to embrace environmental, social and economic drivers of society so as to achieve any level of stability in the global commons. Nurture internal capabilities - Strategic commitment and culture necessary to turn the environmental, social and economic risks into competitive advantage. Engage external constituencies - Systematic knowledge of political, social, economic, technological and ecological drivers for securing reputation and legitimacy. Accelerate innovation and repositioning - Product stewardship into the entire value chain, and skills and competencies for the future Crystallize the company’s growth path and trajectory - A sustainability vision which is a shared road map for meeting the unmet needs of the emerging and new markets. The Centre provides skill development programmes such as the Certified Sustainabililty Assurance Practitioner Course and trainings on Stakeolder Engatgement as per ISO 26001 which enable companies to imbibe sustainability within their practices more thoroughly.