Financial Daily from THE HINDU group of publications Saturday, May 06, 2006 |
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Corporate
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Environment Henkel India goes thro' SHEQ audit Our Bureau
Chennai , May 5 Companies are not just answerable to their shareholders, but also to stakeholders such as consumers and the society at large, said Mr A. Satish Kumar, Managing Director, Henkel India. Henkel India has just gone through a safety, health, environment and quality (SHEQ) audit by Henkel Global. This year, the SHEQ audit had been implemented at all levels in Henkel India, he said. The Henkel SHEQ standards detail the requirements of the Code of Corporate Sustainability in the areas of safety, health and environment protection. Mr Satish Kumar said that the eco-efficiency measures came at a price, the company had invested about Rs 70 lakh for compliance.
Sustainability council
He said that Henkel was one of the first companies worldwide to have a dedicated Sustainability Council consisting of members drawn from the entire group. Mr Martin Krepart, Manager - SHE (Asia Pacific) Henkel KGaA, said that organisations around the world were investing in implementation of standards and best practices such as SHEQ to improve corporate environmental performance. The company has also collaborated with the Institute of Management Technology (IMT) to set up a Centre for Excellence in Environment Management in Ghaziabad and a Chair for Environment Management at IMT.
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