Lisbon Current Affairs - 2019
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TVS Motor Company has bagged the international sustainability award Green Era Award for Sustainability in Lisbon, Portugal. Tata Motors also won the Quality and Business Excellence Award in acknowledgement of its endeavour to create new benchmarks in product quality.
Green Era Award for Sustainability
The Green Era Award for Sustainability was awarded at the Green Economy Forum held on 10th of February 2019 at Lisbon. The forum witnessed the participation of renewable energy firms, environmental agencies and green companies from the 5 continents. The nominees for the Green Era Award for Sustainability are based on the following criteria’s:
- Energy Efficiency – representing a reduction of specific energy consumption through general housekeeping measures, best practices, retrofitting inefficient equipment and new projects in the use of energy.
- Creativity & Innovation – in terms of demonstrated systems and processes, influencing energy technologies, opportunities with potential for further development and transferability to others and productivity of the operations while making sure that the ecological balance is not impacted.
- Increase of Renewable Energy share in the energy source portfolio – use of renewable energy such as solar, wind, biomass, biogas and other cleaner energy sources and gradual reduction of dependence on non-renewable energy sources.
- Economic, Social & Environmental Impact.
The Green Era Award for Sustainability recognises the true global exemplars who have been innovative and creative in pursuing the sustainable imperative. The awards are based on the conclusion of the research team of Otherways Management & Consulting, France.