NEWS

IBBI at CBD COP 12

24-Oct-2014

The IBBI delegation participated in the Business Forum of the 12th meeting of the Conference of the Parties (COP) to the Convention on Biological Diversity (CBD) in Pyeongchang, Republic of Korea on 12-14th October. The delegation was led by the Chairman of IBBI Mr R Mukundan, Managing Director, Tata Chemicals Limited and accompanied by representatives from ITC Limited and Tata Steel Limited.

IBBI Side Event “Mainstreaming Sustainable Management of Biodiversity by Indian Businesses”

On the side lines of COP 12, the IBBI organised a side event “Mainstreaming Sustainable Management of Biodiversity by Indian Businesses”. The side event comprised a release of a case study publication, showcase of good business practices by IBBI member companies and panel discussion. The IBBI signatories ITC Limited and Tata Steel Limited presented their initiatives in conservation and sustainable use of biodiversity at the side event.

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The report “Business and Biodiversity in India: 20 Illustrations” features initiatives of 20 companies across diverse sectors – mining, construction, manufacturing, IT, finance, energy, chemicals and agri-business – in biodiversity management within their operations and through their CSR activities. The report was launched by Mr Hem Pande, Additional Secretary, Ministry of Environment, Forests & Climate Change (MoEFCC). “It is a pleasure to have business spearheading this initiative as biodiversity and natural resources are essential for all businesses. This report is a valuable attempt to showcase the work being done by Indian businesses on biodiversity”, noted Mr Pande.

High-Level Business Panel

On 14th October the Chairman of IBBI Mr Mukundan participated in a light-level business panel, chaired by Mr Pavan Sukhdev, Founder, GIST Advisory Pvt Ltd. The panel looked at practical methods for businesses to play a role in the overall objectives of the CBD and the Strategic Plan 2011-2020 – an overarching framework on biodiversity including 5 strategic goals and 20 specific targets (known as Aichi Biodiversity Targets). Mr Mukundan called for business to communicate on biodiversity in positive, comparative and actionable manner, which would lead to more business to follow the suit.

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CII-ITC Centre Joins Executive Committee of Global Partnership

CII-ITC Centre of Excellence for Sustainable Development as the secretariat of the IBBI has been appointed to the Executive Committee of the Global Partnership for Business and Biodiversity (GP) for a period of 2 years. Hosted by the CBD Secretariat, the GP stemmed from decisions taken at COP 10 and COP 11 as a concrete signal by the global community of its increasing understanding that business needs to play a critical role in addressing the loss of biodiversity. The GP encourages establishment of the national and regional business and biodiversity initiatives by facilitating a forum of dialogue among stakeholders. This has led to creation of Global Platform for Business and Biodiversity (GPBB) of which IBBI is part of. Seema Arora, Executive Director, CII-ITC Centre represents India at the GPBB Executive Committee.


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