Hero Center for Innovation & Technology achieves 'GREENCO Platinum' rating

True to its commitment of creating a sustainable future, Hero MotoCorp, world's largest two-wheeler manufacturer, has been conferred the coveted 'GreenCo Platinum' rating for Hero Global Centre for Innovation and Technology (CIT) by the prestigious Confederation of Indian Industry (CII) Green Business Centre, as part of the Green Company rating system.

Hero Global Centre for Innovation & Technology (CIT) becomes the first research and development facility to receive GreenCo Platinum rating under the R&D category, as well as the only unit to receive a green rating under the CII - Rajasthan State Pollution Control Board (RSPCB) scheme. The Indian Green Building Council (IGBC) has already awarded the centre a Platinum certification, with a score of 91 points, making it the highest-rated facility in India's manufacturing sector.

Commenting on the achievement, Dr. Arun Jaura, Chief Technology Officer, Hero MotoCorp said, "We are pleased that our consistent green initiatives have earned Hero Global Centre for Innovation and Technology (CIT) the distinction of being the only R&D facility to receive this honour from a prestigious industry body like the CII. The ratings are a testament to our facility's large-scale efforts to ensure environmentally sustainable operations. All of us at Hero MotoCorp remain firmly committed to Sustainability and preservation of the environment as our key guiding principles."

The 'GreenCo Platinum' is awarded to the industries for demonstrating leadership and commitment towards environment conservation by CII as part of its Green Company rating system with a comprehensive framework that evaluates performance of green features of companies on 10 broad green parameters. These parameters include energy efficiency, renewable energy, water conservation, waste management, material conservation, green supply chain, product stewardship and life cycle assessment, innovation for environment and green infrastructure, among others.

Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 2698.25 as compared to the previous close of Rs. 2692.55. The total number of shares traded during the day was 40835 in over 3287 trades.

The stock hit an intraday high of Rs. 2739.10 and intraday low of 2678.00. The net turnover during the day was Rs. 110837714.00.

Source : Equity Bulls

Keywords

HeroMotoCorp INE158A01026 GreenCoPlatinumRating HeroGlobalCIT CII