September 15, 2011
Suzlon named New Sustainability Champion by the World Economic Forum
Pune Suzlon Energy Limited (SEL), worlds fifth* largest 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
launched today by the World Economic Forum.
The report, prepared with The Boston Consulting Group (BCG), takes 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 the 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
Mr Tulsi R. Tanti founder, Chairman and Managing Director, Suzlon Group
said: "The decision of the World Economic Forum to name Suzlon as a 'New
Sustainability Champion' is extremely exciting for all 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. We will continue that work and are both flattered
and delighted to be honored in this way."
The New Sustainability Champions is being showcased at the Annual Meeting of the
New Champions 2011 in Dalian, Peoples Republic of China, from 14 to 16
September. The Meeting is held in close collaboration with the Government of the
Peoples Republic of China and with the support of the National Development and
Reform Commission (NDRC). Under the theme Mastering Quality Growth, over 1,500
influential stakeholders have convened in Dalian to gain strategic foresight on key
economic, industry and technological developments that are reshaping consumer
behaviour, business models and financial markets.
The Meeting aims to highlight exactly the kind of innovative and sustainable growth
models that the New Sustainability Champions exemplify, said Jeremy Jurgens,
Senior Director, Centre for Business Engagement, World Economic Forum.
They generate robust growth that incorporates all elements of sustainability and
have the potential to be role models for their regions and industry sectors.