Awards Process
Framework & Qualifying Criteria
Parameters
Sub - Parameters
Points Scale
Over Check Points
Sustainability Assessment Framework
300 Points
P 1.1 Sustainability Strategy
P 1.2 Governance & Ethics
P 1.3 Risk Management
P1. Purpose
300 Points
P 2.1 Stakeholder Management
P 2.2 Supply Chain
P 2.3 Customers
P 2.4 Society
P2. Partnership
300 Points
P 3.1 Raw Materials
P 3.2 Energy & Water
P 3.3 Waste & Emissions
P 3.4 Biodiversity
P3. Planet
300 Points
P 4.1 Human Capital Management
P 4.2 Occupational Health & Safety
P4. People
Qualifying Criteria
There are three levels of recognition based on the predefined qualifying scores. These levels of recognition are Believers, Challengers and Leaders. The qualifying scores are 725, 800 and 875 respectively.
Sustainability Analytics
Sustainability 4.0 assessment will additionally evaluate how companies are effectively using analytics in their sustainability management. It will assess the existing maturity of companies in three aspects: Effective Data Collection, Usage of Smart Analytical Tools, and End-to-End Visibility in the value chain.
Sustainability Analytics has been added as an additional parameter and all companies assessed will receive insights on their maturity level of leveraging analytics to drive sustainability management.
Awards & Recognization
Corporate Apex Award – Manufacturing & Service
Sustainable Manufacturer of the Year
Winner
Sustainable Business of the Year
Winner
Site Specific Awards – Manufacturing
Campus Specific Award – Service
Sustainable Factory of the Year
Winner
Sustainable Campus of the Year
Winner
Sector Specific Awards
Manufactoring
Automotive | Engineering | Process | Healthcare | FMCG | Metals | Aerospace & Defense
Service
IT | ITES | BFSI | Construction & Real State | Telecom | Hospitals | Hospitality | Aviation
Leaders
Challengers
Consistency Awards
Consistency Platinum
Consistency Gold
Consistency Silver
Note:
- Companies qualifying in Leaders & Challengers category will compete for sector specific awards with other
qualifying companies in same band. - All companies qualifying in Believers category, will be recognized with Certificate of merit irrespective of industry/
service sector.
Additional Value Creation
De-carbonization Index
Decarbonization framework framed to help in reduction of harmful emissions, helps to understand energy mix & its transition, mitigate extreme weather events, ensure a greener tomorrow for future generation, and carbon capture. Further, decarbonization can result in economic benefits, such as energy savings, reduced negative impacts of air pollution on health, and time saved from reduced congestion. Therefore, decarbonization is crucial for addressing climate change and its associated challenges while creating a healthier and more sustainable future for all.
Decarbonization Framework
- Energy Mix & Energy Transition Readiness
- Green House Gas (GHG) Emission Accounting
- Carbon Capture, Utilization, Storage (CCUS)
- Life Cycle Analysis (LCA)
Water Neutrality Index
Water Neutrality framework is introduced to understand the maturity of organization in adopting to the concept of reducing the water footprint of an activity as much as possible and offsetting the remaining water usage through below mentioned framework. By promoting water neutrality, we can reduce water consumption and ensure the sustainable use of water, preserve the ecology, manage water resources impartially, and ensure that industries have access to necessary resources that are sufficient and sustainable.
| Category | Pillars |
| Water Strategy | Governance |
| Audit | |
| Infrastructure | |
| Community | |
| Water Balance | Water Stability |
| Water Treatment | |
| Rainwater Harvesting | |
| Water Pricing | |
| Water Analytics | Metering & Monitoring |
| Quality | |
| Major End Uses |
Along with Sustainability maturity, companies will get their current status & transition on Decarbonization Index and Water Neutrality Index as an additional value creation apart from our Sustainability 4.0.
Consistency & Sustenance Recognition
Leaders – Consistency recognition will be entitled to those companies that has continuously applied Sustainability Excellence Initiatives and has been sustaining the maturity steadily and effectively in a changing business environment.
Consistency Leaders Awards
The following criteria shall be followed to felicitate consistency award winners
Consistency Platinum
If the campus/company qualifies for Leaders recognition in the seventh year, making it fourth time in seven years.
Consistency Gold
If the campus/company qualifies for Leaders recognition in the fifth year, making it third time in five years.
Consistency Silver
If a facility/company qualifies for the Leaders recognition award twice in three years.
Individual Achievement Awards
Sustainability/ESG Transformation Leader of the Year:
Criteria:
- As a Sustainability/ESG Leader, the nominee should have led the company team to back-to back Challengers/ Leaders recognition on Sustainability 4.0 Awards platform for at least the last 2 participations.
- The nominee should have led his organization to achieve its long-term sustainability goals on cumulative basis (status as verified during assessment process by F&S team).
- The nominee should have led his organization to achieve a good rating in ESG benchmarking by industry acknowledged global agencies in recent years.
- The nominee should be an inspirational industry leader and thought champion with impressive career background.
- The recipients of this recognition will not be eligible for repeat nomination in subsequent editions of Sustainability 4.0 Awards.
Emerging Sustainability/ESG Transformation Leader of the Year:
Criteria:
- As a Sustainability/ESG Leader, the nominee should have led the company team to Leaders recognition on Sustainability 4.0 Awards platform at its very first year of participation.
- The nominee should have led his organization to achieve its long-term sustainability goals on cumulative basis (status as verified during assessment process by F&S team).
- The nominee should have led his organization to achieve a good rating in ESG benchmarking by industry acknowledged global agencies in recent years.
- The nominee should be an inspirational industry leader and thought champion with impressive career background.
Safety Analytics – Framework
Safety Excellence Awards
Parameters
Sub - Parameters
Points Scale
Check Points
Safety Excellence Assessment Framework
300 Points
- Safety Policies and Goals
- Performance Management
- Safety Training
- Accident and Incident Prevention
- Emergency Preparedness
Safety Management
200 Points
- Workplace Safety
- Hazard Management
- Material Storage and Handling
- Work Permit System
- Fire Safety
Process Safety
200 Points
- Machine and Tool Safety
- Lifting Tools and Tackles
- Storage Tanks and Vessels
- Safety Equipment Management
Equipment Safetyt
200 Points
- Safety Culture
- Safety Compliance
- Contractor Safety
Behavioural Safety
100 Points
- Medical Facilities
- Ergonomics
- Occupational Diseases.
Occupational Health
Safety Analytics Framework
This framework is introduced to understand the maturity of organization in adopting analytical tools in their safety management framework to assess, measure, monitor, and direct employee health and safety policies across all layers of their operations.
Safety Awards & Recognition
All the companies scoring over 700 out of 1000 will be recognized with ‘Safety Excellence – Certificate of Merit’. Under each participating category, the highest-scoring top two companies will be recognized with ‘Safety Excellence Award – Winner’ and ‘Safety Excellence Award – 1st Runner-Up’ respectively.
| Safety Excellence Award – Winner | Safety Excellence Award – Winner | Safety Excellence Award – Winner | Safety Excellence Award – Winner |
| Safety Excellence Award – 1st Runner-Up | Safety Excellence Award – 1st Runner-Up | Safety Excellence Award – 1st Runner-Up | Safety Excellence Award – 1st Runner-Up |
| Emerging Business | Medium Business | Large Business | Mega Large Business |
| Safety Excellence – Certificate of Merit (Qualifying Score – 700 out of 1000) | |||
Participation Categories & Fee Structure
| Category | Turnover CR |
Site/Campus INR |
Safety INR |
Decarbonization & Water Index INR |
|||
| *SGW – Pre Assesment & Growth Workshop | Any | On request | |||||
| Emerging Business | 20 Cr – 100 Cr | INR 440,000 | INR 250,000 | INR 500,000 | |||
| Medium Business | 101 Cr – 500 Cr | INR 640,000 | INR 350,000 | ||||
| Large Business | 501 Cr – 2,000 Cr | INR 740,000 | INR 495,000 | INR 650,000 | |||
| Mega Large Business | > 2,000 Cr | INR 840,000 | INR 595,000 | ||||
**SUSTAINABILITY GROWTH WORKSHOP
Note:
Advance – 100%: Along with application submission
Balance – 80%: Along with the shortlist communication to block the dates for assessment.
- The fees are exclusive of GST @ 18%
- The awards review team will decide on the facilities to be shortlisted for site visit under corporate nomination.
- Frost & Sullivan India Private Limited GST Number: 33AAACF4252A1ZE.
- By sharing the logo, you provide your consent to Frost & Sullivan to use the logo for current and future marketing/ promotion purpose to showcase your esteemed company as an awards recipient of Sustainability.
- The Assessment team will comprise of experts from Frost & Sullivan, Independent Consultants and Industry Assessors (Solution Providers) to add value to the assessment.
Corporate Sustainability Excellence Recognition – Eligibility Criteria
| Site/Campus | MINIMUM SITES/CAMPUS TO BE NOMINATED | ELIGIBILITY: Mentioned sites should be minimum in Challengers category (800 points) or above |
Recognition | |||||
| 2 to 5 | 2 | 2 out of 3 | Each site will get recognition for respective band either Challengers or Leaders | |||||
| 6 to 20 | 5 | 3 out of 5 | ||||||
| 21 and above | 7 | 5 out of 7 | 2nd fold recognition will be for Corporate Sustainability Excellence for respective band either in Challengers or Leaders category | |||||
Confidentiality
All information (either shared or made known to us on account of the site visit) and reports (individual assessment reports of facilities) will be kept strictly confidential.
Documents collected by the team during the course of this assessment will be returned at the end of the assessment, before the team leaves the facility. Kindly do not hand over any sensitive documents to the assessors to take along. These can be discussed in the presence of company personnel.