Part of: GS Prelims and GS-III- Environment Conservation
In News:
GreenCo Rating, developed by Confederation of Indian Industry (CII), has been acknowledged in India’s Intended Nationally Determined Contribution (INDC) document, submitted UNFCCC in 2015
It is being used as a proactive voluntary action of Indian industry / private sector towards combating climate change.
The GreenCo rating assesses the firms on their environmental performance and thus aligns them to national priorities towards environment such as energy efficiency, water conservation, renewable energy, waste management, etc