Venky Valluri, chairman and president, Ingersoll Rand India, was recently a featured participant at the Corporate Eco Forum (CEF) 2013 Annual Meeting. The special invitation-only event brought together top leaders from companies including Nike, Johnson & Johnson, General Motors and Dow to discuss opportunities to expand sustainable practices across business functions, value chains, and borders.
“Ingersoll Rand is uniquely positioned to help deliver sustainability and energy productivity in the region. With India’s energy crisis worsening, scaling up energy efficiency promises to be the fastest, cheapest, and cleanest way to help meet the country’s energy demands,” remarked Valluri. “Attending this event provides an important platform to discuss how energy efficiency measures in new and existing buildings now will help India achieve a reliable energy future, save money, and address the threat of climate change.”
India’s growth as a rising global economic power has brought significant energy challenges. Historic blackouts in July 2012 left 700 million people without power. As India continues to urbanize, its building area will skyrocket, from 8 billion square meters in 2005 to a projected 41 billion square meters in 2030.
Valluri further explained, “Experience shows us that as a nation we do not tend to combine technologies but prefer to build multiple independent approaches. Leveraging a ‘convergence’ approach, India could well become the leader in minimizing investments and exporting low cost sustainable technologies, which could also provide support to the rest of the world – a win for the country, the world and something positive to leave for future generations.”
Tailored research was provided as a foundation for fast, efficient exchange of best-practice insights and tools. Sessions were videotaped and are posted on the CEF website.
The Corporate Eco Forum (CEF) is an invitation-only membership organization for progressive companies that demonstrate a serious commitment to the environment as a business strategy issue. CEF’s mission is to help accelerate sustainable business innovation by creating the best neutral space for business leaders to strategize and exchange best-practice insights.
Venky Valluri, chairman and president, Ingersoll Rand India,
at the Corporate Eco Forum.