TKM receives ‘CII GreenCo Platinum Company’ Award for Environmental Excellence and Sustainable Leadership-min

Bangalore, 13th July 2023: Toyota Kirloskar Motor (TKM) has demonstrated a strong pursuit of adopting best sustainable practices by achieving the ‘GreenCo Platinum Company’, conferred by the Confederation of Indian Industry (CII). This recognition reflects the companies’ remarkable environmental performance system, implemented across its entire value chain including its products, services, and processes. Today, TKM received the GreenCo Platinum Company Plaque & Certificate at CII’s flagship event of GreenCo Summit 2023 held in Pune. The award was received by Mr. B. Padmanabha, Associate Executive Vice President – Manufacturing of Toyota Kirloskar Motor, in the presence of Dr. Raghunath Anant Mashelkar, Former Director General of the Council of Scientific & Industrial Research (CSIR) and Mr. Jamshyd Naoroji Godrej – Managing Director & Chairman of Godrej & Boyce and Chairman of CII-Godrej GBC.

This esteemed achievement showcases TKM’s adherence to environmental norms, thereby solidifying its position as a prominent and sustainable industry leader. Through the years, TKM has employed various assessment tools and systems to evaluate its performance and enhance sustainability across the organization. To elaborate, the GreenCo Rating system involves various parameters that covers – Energy Efficiency, Water Conservation, Renewable Energy, GHG Mitigation, Waste Management, Material Conservation/Recycling/Recyclability, Green Supply Chain, Product Stewardship, Lifecycle Assessment, Biodiversity and more. Using life-cycle approach, TKM’s all eco-activities are clearly aligned to these defined frameworks.

Furthermore, TKM’s participation in this rigorous assessment unfolds its strict compliance to diverse national and international environmental standards, which also upholds the company’s preparedness for future regulatory requirements. The GreenCo Platinum Company award, valid for three years, involves annual reviews and re-certification to identify any gaps and ensure timely application of required environmental actions.

TKM has previously been bestowed with the coveted awards namely CII Sustainability Award (2012-2015), CII Environment Domain Excellence Award (2018), CII CAP 2.0 (2019 & 2022), CII SR Award for Waste Management (2021), CII National EHS Award (2022), Certificate of Recognition for the submission of Energy Compact (EC) goals by Ministry of New & Renewable Energy (MNRE), CII-ITC Sustainability Awards 2022 for ‘Excellence in Biodiversity’ and so forth.

Commenting on TKM’s achievement, The CII Panel said, “We congratulate Toyota Kirloskar Motor on achieving the ‘GreenCo Platinum Company’ Award. This remarkable achievement underscores their unwavering commitment to environmental sustainability. By incorporating the comprehensive framework of the GreenCo rating system, TKM has exhibited exemplary dedication to shaping a greener and more sustainable future. Their proactive approach in addressing the entire value chain, sets a shining example for the industry. This milestone serves as a testament to their visionary leadership and resolute efforts in fostering a harmonious coexistence between business and the environment.”

Present at the CII GreenCo Summit 2023, Mr. B. Padmanabha, Associate Executive Vice President – Manufacturing, Toyota Kirloskar Motor, said “At TKM, we embrace our corporate responsibility to drive positive change and set new benchmarks in environmental sustainability. Through utilisation of diverse assessment tools and systems, we have pursued continuous improvement of our environmental performance. Achieving the prestigious ‘GreenCo Platinum Company’ award is a testament of our efforts towards realising a carbon neutral society. We are proud to be at the forefront of environmental friendliness, setting new standards and inspiring others including our suppliers, dealers, and society at large. With this, we reaffirm our promise to ‘Live in Harmony with Nature’ and develop further innovative solutions towards preserving our planet for future generations.”

Regardless, in 2015, Toyota set itself the Global Environmental Challenge 2050 which constitutes six environment challenges that requires addressing its entire value-chain including manufacturing activities, promoting a recycling-based society, reduction in water consumption and helping to build a society that is in harmony with nature.

Some of the notable achievements includes TKM’s initiatives on achieving 100% Renewable energy in grid electricity, reducing freshwater dependency by 89%, promoting effective implementation of Reduce, Reuse & Recycle (3Rs) concept in manufacturing process by recycling 96% of the waste generated, initiation of circular economy thought process in the areas of steel, battery & aluminium, and promotion of Toyota’s sustainability vision across its value chain. In addition, plantation drive remains one of the key eco activities, leading to creation of a dense forest with more than 3,28,000 trees within TKM premises, by adopting unique ‘Miyawaki’ concept. Also, our focus has been to develop eco champions, especially amongst young minds, through our established unique eco-learning centre, the ‘Ecozone’, located in our Bidadi plant facility.

As the company advances with these good results, it continues to share their key learnings, experiences and best practices across its value chain including the dealers and suppliers for the larger benefit of the society. In parallel, more conscious efforts are underway and Toyota’s core guiding principles continue to steer us to go beyond in providing sustainable ’Mobility for All’ and ‘Leave No One Behind’, thereby producing ‘Mass Happiness for All’.