Management Development Institute (MDI), Gurgaon, recently joined hands with the Confederation of Indian Industry-Centre of Excellence for Sustainable Development (CII-CESD).
The MoU between CII-CESD and MDI is aimed at promoting transparency in decision-making in the private sector as well as increased public participation.
MDI’s collaboration with CII-CESD incorporates cooperation and mutual assistance in raising awareness for responsible business practices by corporates in India. The project, “Promotion and Adoption of Responsible Business Practices by Corporates in India”, under Siemens Integrity Initiative, a global project undertaken by the Siemens AG aimed at increasing awareness of responsible business ethics and values, will entail preparation and documentation of case studies on business ethics, organising conferences, workshops and seminars on business ethics.
Speaking about the collaboration, Prof. CP Shrimali, acting director, MDI Gurgaon, said, “MDI has been known for its continuous efforts towards promoting responsible business practices among corporates and students. Through this MoU, we intend to carry forward this legacy and join hands with CII in reaching out to a number of people.
The MoU also aims at facilitating superior research studies in the realm of transparency and accountability in industrial governance, and publishing them to aid future enthusiasts in this field.”
A pioneering effort by CII, the CII-ITC Centre of Excellence for Sustainable Development (CII-CESD) creates a conducive atmospherefor Indian businesses to pursue sustainability goals.
It creates awareness, promotes thought leadership and builds capacity to achieve sustainability across a broad spectrum of issues.
The centre enables Indian businesses to become sustainable and channels the potential of Indian industry to power India’s agenda for inclusive growth and sustainable development.