11 Motivators for Indian Companies to appoint Chief Green Officers

01)  Reserve Bank of India has taken the lead in ‘eTree Certificates’.

02) No more bouquet of flowers at Reserve Bank of India meetings and functions will be visible.

03) Instead, guests or participants will get ‘tree certificates’, as proof of trees having been planted on their behalf on the bank’s campus.

04) An IDBRT discussion paper also mentions about Chief Green Officers.

05) The paper outlines the responsibility of Chief Green Officers in Financial Institutions.

06) As the social awareness about Green initiatives is on the increase, Financial Institutions might add a condition in their loan agreement that corporate should have visible green initiatives.

07) Green is the way to safe-guard our environment.

08) Green is the way to hand over the earth to our future generations.

09) Chief Green Officers are expected to channelize the institutions Green efforts optimally.

10)  The spin-off for Financial Institutions appointing Chief Green Officers are immense.

11)  Chief Green Officers can play a positive role in corporate’s CSR activities being more meaningful.