Eaton Releases its First Sustainability Report for India
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 04 July 2014
Release date- 03072014 - NEW DELHI... Power management company Eaton today announced the release of its first India Sustainability Report in New Delhi. The report was launched as part of an industry symposium 'Business Leadership for Energy Sustainability in India' hosted by The Energy and Resources Institute (TERI).
Titled 'Powering Sustainable Growth in India 2013', the report covers the operations owned and managed by Eaton in India for the year 2013 and supplements Eaton's global sustainability report, which is published as part of the organization's corporate annual report. Eaton in India is a member of TERI Business Council for Sustainable Development (BCSD), a forum through which TERI engages with the corporate sector on issues related to sustainable development.
Speaking at the launch event, Curt Hutchins, President - Asia Pacific, Eaton said; 'Global megatrends, which are also highly relevant in India, such as rising energy costs, climate change and urbanization have all resulted in Eaton increasingly positioning itself as a global leader in providing sustainable power management solutions. Today, businesses around the world face ever-daunting, ever-evolving energy challenges - with rising costs and mounting interest in sustainability. We are all a part of the solution in overcoming today's energy issues by becoming more energy efficient and energy aware. Energy efficiency is a tangible, achievable goal that virtually all organizations and businesses can attain.'
In a message sent on this occasion, Dr. R K Pachauri, Director General of TERI said: 'Following your global practice, undertaking sustainability reporting by Eaton in India is a welcome initiative. Sustainability reporting takes an organization through a process of creating vital information and opportunities for optimized use of natural resources in its own operations, its supply chain and in the life cycle of the products it markets. We are happy that Eaton in India has moved in this direction with earnestness. I wish the company's sustainability practices will soon mature to reach Eaton's global standards'.
Sharing an overview of the report, Nitin Chalke, Managing Director - India, Eaton, observed: 'Eaton focuses not only on business results, but also on how those results are being generated. This report strives to showcase how, by partnering with varied stakeholders, Eaton in India is offering sustainable customer solutions, ensuring green manufacturing and operations, powering a sustainable workforce and supporting sustainable communities to drive sustainable growth in the country.'
'Eaton's commitment to India is exemplified by over a decade of continued investment in local manufacturing, engineering, research, talent development, supplier development, academia partnerships and focused community initiatives,' Chalke further added.
Eaton's India Sustainability Report underscores multi-dimensional endeavours of the company in the year 2013 towards powering sustainable growth in India. Notably, during the year, Eaton hosted 10 Technology Days across India - further reiterating its commitment to helping customers achieve sustainable power management - reaching out to 796 industry leaders, decision makers and influencers from 131 companies. In 2013, Eaton launched several new sustainable technologies for the Indian market including ArcGard - the environment-friendly arc-resistant MV switchgear, high performance 9145 UPS and NoSPIN differential. In the same year, Eaton also inaugurated its Filtration division's first manufacturing facility and expanded its professional services center in Pune to further strengthen its R&D and service support activities in India. Throughout the year, through focused community initiatives in the areas of education, health and environment, Eaton impacted approximately 17,000 beneficiaries. In the same year, as recognition to its commitment to building a sustainable workforce, Eaton was also named as one of India's 'Best Companies To Work For' for the second consecutive time.
Eaton in India is focused on expanding supply of clean and cost-efficient power, driving the development of alternative energy and boosting harvests for growing populations. To further support and augment India's long-term economic, industrial and technological growth, Eaton is committed to reliably powering local and regional infrastructure, supercharging fuel economy and performance, helping build smarter buildings, building simpler and smarter machines for less and expanding leadership in LED lighting solutions. Eaton's extensive range of power management solutions also power some of the most efficient data centers, de-risk the oil and gas industry by design, maximize uptime at mining operations and protect workers from dangerous arc flash.
Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 101,000 employees and sells products to customers in more than 175 countries.
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