Global Compact Network in partnership with Deloitte Touche Tohmatsu India Private Limited recently concluded the six city training on Sustainability and Corporate Governance with the last leg of training being organized in Kolkata on 30th November 2013. Since September, GCNI and Deloitte organized trainings in 5 other cities which included Mumbai on 11th September, Bangalore on 13th September, Chennai on 24th September, Hyderabad on 25th September and New Delhi on 27th September 2013. The training was attended by over 200 participants and included senior personnels from leading GCNI member companies and organisations. The training in the 6 cities were hosted by some of the key Global Compact Network India member companies; such as YES Bank in Mumbai, Novozymes in Bangalore, VESTAS in Chennai, NMDC in Hyderabad, Engineering Projects (India) Limited in New Delhi and Coal India Limited in Kolkata.
Titled ‘Looking Beyond Compliance – Embracing Effective Corporate Governance and Sustainability Practices’, the training provided a forum for Indian companies and organizations to exchange experiences, network and work together on activities related to Corporate Social Responsibility (CSR) and the Ten Universal Principles of the Global Compact, with a focus on the best known practices across the spectrum of sustainability. Through this training session GCNI brought together organizations to share and disseminate the best practices across the subject area of Sustainability and Corporate Social responsibility and the application of the Ten Universal Principles. The key areas included in the training were;
- Key Sustainability & CSR Frameworks (Global & National)
- Scenario on present and upcoming Indian Legal Mandates on Sustainability & CSR
- Alignment/Mapping the above with the UNGC principles requirements
- What it takes to comply with the 10 Principles of UNGC? (Key 4 aspects: Environment, Human Rights, Labour, Anti-Corruption)
- Best Practices across Sustainability & CSR and its linkage with UNGC Principles
- Sharing of Best Practices/Case Studies on the 4 dimensions of UNGC Principles by Corporates/PSUs
- Value of Assurance as per ISAE 3000 & AA1000AS on Reports embracing UNGC Principles
The training also witnessed presentation on sustainability practices by GCNI and UNGC member companies such as Yes Bank, HCC, Mahindra and Mahindra, Novozymes, Wipro, Coal India Limited, EPIL, DLF Foundation, ITC, VESTAS, NMDC and GAIL.