Minister Counsellor for Economic, Environment, Science and Technology Affairs, Embassy of the United States of America, Mr. George N Sibley asserted that the research and development engagements of Indo-US clean energy cooperation has been progressing objectively, making a prophesy that it might lead to invent technologies for storage facilities of solar and other clean energies.
Speaking at a Business Sustainability and Responsibility Reporting Summit 2016 under joint aegis of PHD Chamber of Commerce and Industry and FORE School of Management here today, Mr. Sibley even forecast that this exercise might also produce scholars for nobel prize in case the storage solutions for clean energy are discovered.
“The world has so far not been able to create storage facilities for energy generated both in the segments of fossil and non-fossil and, therefore, a time has come that research and development work is necessitated for creating energy store houses”, he emphasised.
Speaking on the occasion Counsellor for Trade and Economic Affairs, Embassy of Sweden, Ms. Anna Ferry informed her country has come out with an action plan as per which its corporates are required to integrate their business processes with environment and ecology so that these are kept unspoilt from all possible sources of pollutions and degradation. The action plan makes it obligatory for the Swiss companies to apply same standards and tools including applications for production even outside their country so that the sensitivities of environment and ecology are hurt little, she added.
Convener and Chief Programme Executive (CSR), National Foundation for Corporate Social Responsibility (NFCSR), Indian Institute of Corporate Affairs, Ms. Gayatri Subramaniam emphasised that national voluntary guidelines pave a way for the companies to apply sustainability practices at their workplace taking care of people and plant along with profits.
Director, FORE School of Management, Dr. Jitendra Das sought the participation of all citizens of the world including those of India to resist all attempts intended or unintended so that production methodologies of any economic activity is prevented from hurting the environment.
In their remarks, President and Vice President, PHD Chamber, Dr. Mahesh Gupta and Mr. Anil Khaitan also emphasised the need to maintain an eco system that can strike is suitable balance between production processes and environment. Sr. Secretary, PHD Chamber, Dr. Jatinder Singh moderated the summit.