Suzlon Energy Limited (SEL), wind turbine manufacturer was highlighted as one of the new sustainability champions in the report entitled ‘Redefining the Future of Growth: The New Sustainability Champions’ which was launched recently by the World Economic Forum.
The report, prepared with The Boston Consulting Group (BCG) has taken into account criteria covering sustainability, innovation, scalability, geography and size. The World Economic Forum and BCG analysed over 1,000 businesses in the preparation of this report and identified 16 fast-growth companies that share a unique mindset and set of practices.
The report shows how the businesses of these 16 new sustainability champions create unconventional and profitable solutions that positively impact economic growth and enhance overall sustainability in their regions. It highlights innovative business practices from companies originating and operating in emerging markets.
"The decision of the World Economic Forum to name Suzlon as a 'New Sustainability Champion' is extremely exciting for all of us in the Suzlon Family. Sustainability is our core value and it is what we seek to progress, every day in the 32 countries worldwide where we have a presence - delivering sustainable, ecological, economic development," said Tulsi R Tanti, founder, chairman and managing director, Suzlon Group.
The new sustainability champions have been showcased at the annual meeting of the New Champions 2011 in Dalian, People's Republic of China, from the 14 to 16 September. The meeting was held in close collaboration with the Government of the People's Republic of China and with the support of the National Development and Reform Commission (NDRC).