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|Bestowed with 'CII ITC Significant Achievement in Sustainability' award|
|Maruti Suzuki India Limited, the largest passenger car manufacturer in the country, was awarded with the "Significant Achievement in Sustainability Award" in CII ITC Sustainability award ceremony in the city yesterday. The Sustainability Awards, instituted by the CII-ITC Centre of Excellence for Sustainable Development, recognise companies for their achievement in the sustainability parameters of social, economic and environmental.
Mr. S.Y. Siddiqui, Managing Executive Officer, HR & Admin, Maruti Suzuki received this award from Honourable Union Minister for Water Resources and Parliamentary Affairs, Shri. Pawan Kumar Bansal.
Speaking on the occasion, Mr. S.Y Siddiqui, Managing Executive Officer, HR & Admin said "Sustainability has multiple facets: corporate governance, long term business growth with reasonable profits, balanced with the well-being of employees and other key stakeholders. This has been the approach of Maruti Suzuki since inception. We have to ensure that sustainability remains central to our strategy and that of our partners and reflects as an integral part of our work culture."
|The Award acknowledges Maruti Suzuki's ardent efforts to continuously better its social and environmental performance. Maruti Suzuki has gone all out to introduce environmental friendly technologies: fuel efficient K-series engine, launch of 5 factory fitted CNG models with i-GPI engine technology. In addition, 9 car models of the company comply with End of Life Vehicles (ELV) recycling norms, which means over 85% of the vehicle, is recyclable. The ELV norms are yet to be adapted in India.
Maruti Suzuki constantly focuses to reduce the impact of its manufacturing activity on the environment. It uses Compressed Natural Gas for power generation to meet its needs Gurgaon and Manesar manufacturing plants. Maruti Suzuki achieved significant reduction in per vehicle electricity and water consumption over the years.
Road Safety is Maruti Suzuki's flagship Corporate Social Responsibility focus area. The company has set up over 100 Maruti Driving Schools across India. Maruti Suzuki also operates four Institutes of Driving and Traffic Research (IDTR) in partnership with state governments. Over 700,000 people have been trained in safe driving by Maruti Suzuki.
Maruti Suzuki has engaged with communities surrounding its Manesar plant and is running several community developmental programmes there. The company has adopted four villages in Manesar. The company will soon start similar community developmental work in villages around its upcoming R&D text track facilities in Rohtak district of Haryana.
Maruti Suzuki voluntarily shares its performance on the triple bottom line parameters i.e. social, economic and environmental as per the GRI G3 Reporting Guidelines to the stakeholders through the annually published Sustainability Report.