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Golden Peacock Environment Management Award 2021

Golden Peacock Environment Management Award- Relevance for UPSC Exam

  • GS Paper 2: Development processes and the development industry- the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders.
  • GS Paper 3: Environment- Conservation, environmental pollution and degradation.

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Golden Peacock Environment Management Award- Context

  • The Steel Authority of India Ltd. (SAIL) has been awarded the prestigious Golden Peacock Environment Management Award for the year 2021 in the Steel Sector by the Institute of Directors.
    • SAIL has been the winner of this award for successive three years.

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Golden Peacock Environment Management Award- Key Environmental Protections Measures by SAIL

  • Golden Peacock Environment Management Award was given to SAIL for efforts it made for sustainable and environmentally responsible steel making.
  • Company’s environmental protection measures are focused on adopting various environmental measures including-
    • Upgrading of pollution control facilities,
    • Water conservation efforts with an aim to achieve Zero Liquid Discharge,
    • Efficient handling of different solid wastes (viz. process waste, hazardous waste, canteen/township waste),
    • Carbon sequestration through afforestation,
    • Eco-restoration of mined out area, etc.

 

Golden Peacock Environment Management Award- Key Points

  • About: Golden Peacock Environment Management Award is an annual award instituted by World Environment Foundation (WEF) in 1998.
    • Golden Peacock Environment Management Award is given at the annual ‘World Congress on Environment Management’, each year.
  • Award: Golden Peacock Environment Management Award is presented to organizations adjudged to have attained significant achievements in the field of Environment Management.
    • Award winners are eligible to use the Golden Peacock Awards Logo with year on all printed and promotional materials, which evidences the highest accolade received by the organization.
    • The Golden Peacock Environment Management award also encourages the corporates to enhance their environmental performances.
  • Eligibility: All institutions whether public, private, non-profit, government, business, manufacturing and service sector are eligible to apply.

Golden Peacock Environment Management Award- Key Significance

  • The Award has meticulously defined and transparent selection criteria and is determined by a highly elaborate and independent assessment process.
  • The award builds a company’s BRAND EQUITY and worldwide recognition.
  • Award winners are eligible to use the Golden Peacock Awards LOGO with year on all promotional literatures.
  • Preparation for award application helps to inspire and align the entire workforce and rapidly accelerates the PACE OF SYSTEM IMPROVEMENT.
  • Even, if you don’t win the award, the PREPARATION & FEEDBACK helps organization’s strategic learning process to put it, on its way to achieving world-class status.

 

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