![]() Financial Daily from THE HINDU group of publications Wednesday, Sep 07, 2005 |
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Airlines Industry & Economy - Environment AI teams up with UNEP to address environment issues Our Bureau
Bangalore , Sept. 6 THE United Nations Environment Programme (UNEP) has struck an alliance with Air India to discuss various environmental issues as a part of good corporate governance. Air India has established a corporate Environment Core Group under the Chairmanship of Mr V. Thulasidas, Chairman and Managing Director. The group will act as the focal point with whom UNEP would interact on various environmental issues. The group meet in Mumbai till Friday will address environmental and social responsibility issues. The association with UNEP will give Air India the opportunity to meet other global leading companies and understand the environmental issues that they are addressing. This new development has received a boost by this meeting of the Global Reporting Initiative (GRI) partners. GRI is an international multi-stakeholder process to develop guidelines for companies on how to do environmental and sustainability reporting (similar to their annual financial reporting). The GRI guidelines are now undergoing its third revision process. The working group comprises about 30 participants, which includes global players such as Hewlett Packard, British Petroleum and PricewaterhouseCoopers, Shell, and domestic companies such as Tatas, ITC, Rallis, Essar, KPMG, Ambuja Cement, Ernst and Young, and the Confederation of Indian Industry.
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