India government starts educating for sustainability

| 16 July 2016 | Category: News, Practices

indiaschoolThere are many institutions in India that impart knowledge in environmental science and engineering but there are hardly any business schools offering a comprehensive management course in sustainability. EPTRI, a purely environment protection and sustainability focused training and research institute located in the vicinity of Hyderabad’s financial district and academic capital – Gachibowli, has started a specialized management course addressing this particular need.

India’s remarkable economic growth has been clouded by a degrading physical environment and growing scarcity of natural resources. There is now greater public awareness and an unprecedented demand for sound management of natural resources including air, water, forests, and biodiversity. Environmental sustainability is rapidly emerging as the next major development and policy challenge for the country. This trend is quite visible in the Government initiatives like Swachh Bharath, Haritha Haram.

Globally, businesses and the industry have already acknowledged that it is hard for any business leader today to ignore environmental sustainability. In fact, the latest UN Global Compact-Accenture CEO study found that 97% of the 1,000 CEOs interviewed across 103 countries and 27 industries see environmental sustainability as important to the success of their business. Effective and responsible leaders are those who are able to integrate sustainability throughout all aspects of their business and strategy.

But these leaders who are capable to lead this initiative are few and far in India. Corporates are finding it very difficult to locate and recruit these leaders.

This is where business schools can play a critical role to help develop these leaders. These are leaders who are capable of thinking beyond the short-term economic objectives and are ambitious enough to take on the world’s biggest challenges such as climate change, extreme poverty and income inequality. The focus of these schools should be

  • To teach them how to synergistically manage the social and environmental contexts in combination with economics
  • How to value, understand and be accountable for, their businesses’ financial as well as non-financial performance

 

But sustainability management is still at a nascent stage and the businesses themselves are experimenting with strategies to develop a business model around environmental sustainability. While there aren’t any readymade and comprehensive sets of best practices, it is possible to make a meaningful beginning in this area by experienced institutions with a mix of practical industry interface along with academic capability to create and impart a good business management program. Such a program can integrate best business management skills and techniques with environment management knowledge.

EPTRI Government institute launches a two-year PGDM program in Environment Management. This institute holds an international position as the Southern hub for World Bank for solar rooftop implementation, a nodal agency for climate change etc. It has a unique set of credentials comprising academic, training and industry experiences. The new course makes a difference to the community by providing socially and environmentally responsible leaders. Students will be trained to steer businesses with environmentally specific cutting edge niche knowledge, knowhow and skills.

Graduates of this progressive PGDM program will fit into policy making, public and private enterprises nationally and internationally.

 

Category: News, Practices