TERI and ICC sign MoU to set up Centre of Excellence on CSR and Sustainability
11 March 2022, New Delhi: The Energy and Resources Institute (TERI) and the Indian Chamber of Commerce (ICC) signed a Memorandum of Understanding (MoU) in Kolkata on Friday to set up a ‘Centre of Excellence on CSR and Sustainability which will devise solutions in the domain to achieve national and global Sustainable Development Goals (SDGs).
The Centre of Excellence (CoE) envisions to create a knowledge platform as well as engage with corporates, the government, non-governmental sector and other stakeholders in the CSR domain to arrive at solutions in an inclusive and holistic manner for all stakeholders and work towards SDGs.
Speaking about the collaboration between TERI and ICC, Dr Vibha Dhawan, Director General, TERI observed, “I strongly believe this partnership with the ICC will help culminate in bringing about a change in the social fabric of India taking CSR and Sustainability to unprecedented heights.”
Dr Rajeev Singh, Director General, ICC, said, “The ICC is partnering with TERI to align CSR with country's Sustainable Development Goals.”
The CoE, which will be at TERI as well as the ICC, will focus on generating and providing a global knowledge platform to become a prominent voice amongst corporates, NGOs, academia and the government on CSR, sustainability and sustainable development. It will create an Environmental, Social and Governance (ESG) framework for corporates and other stakeholders and will work towards India’s COP-26 commitment of net zero emission by 2070 through knowledge papers and reports, round tables, and sensitization programmes.
The CoE will be engaged in research, development, demonstration and execution of innovative technologies and solutions on different thematic areas in the CSR domain. It will also popularise rating amongst the social sector in order to create a credible database of NGOs and implementing agencies in the country.
The Energy and Resources Institute (TERI) is an independent, multi-dimensional research organization, with capabilities in policy research, technology development, and implementation. Headquartered in New Delhi, TERI has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary team of scientists, sociologists, economists, engineers, administrative professional and state-of-the-art infrastructure.
Indian Chambers of Commerce (ICC), founded in 1925, is the leading and only National Chamber of Commerce having headquarter in Kolkata, and is one of the most pro-active and forward-looking Chambers in the country today. Its membership spans some of the most prominent and major industrial groups in India. ICC’s forte is its ability to anticipate the needs of the future, respond to challenges, and prepare the stakeholders in the economy to benefit from these changes and opportunities. Set up by a group of pioneering industrialists led by Mr GD Birla, the Indian Chamber of Commerce was closely associated with the Indian Freedom Movement, as the first organised voice of indigenous Indian industry.