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Crompton wins the prestigious 23rd Greentech Environment Award 2023 for its environmental commitment

Posted On: 2023-11-30 16:04:43 (Time Zone: IST)

Crompton Greaves Consumer Electricals Ltd., a market leader in the category of fans & residential pumps & a brand synonymous with driving energy efficiency across its functions, has been honored with the 23rd Greentech Environment Award 2023 for its Ahmednagar and Bethora plants in Maharashtra and Goa respectively. This award further recognizes Crompton's outstanding contributions and commitment to incorporating environmentally conscious, sustainable, and innovative practices across its operations.

The prestigious award ceremony, held on November 23rd and 24th, 2023, in Sonmarg, Jammu and Kashmir, recognized Crompton's achievement in two distinct categories - Fans and Pumps for its ongoing efforts in environmental excellence. The award was presented by Sri N. Sridhar (IAS), Former Member of Parliament of Lok Sabha, Govt. of India and Dr. Ilyas Hussain, Chief Executive Officer, Sonamarg Development Authority.

The Greentech Environment Awards organized by the Greentech Foundation, for the last 23 years, recognizes the exceptional efforts of individuals, teams, units, and organizations dedicated to advancing environmental protection. It acknowledges their innovative and responsible initiatives, aimed at fostering changes that benefit the environment where we live and work. The nominations followed an intensive process that included an evaluation by eminent personalities and experts serving as jury members, representing both the academic and industry sectors.

Commenting on this achievement, Pravin Saraf, Vice President- Manufacturing, Quality & SCM Crompton Greaves Consumer Electricals Ltd said, "At Crompton, prioritizing sustainable and energyefficient operations has been our core focus through the years. This achievement stands as a testament to our team's collective commitment in safeguarding the ecosystem, implementing sustainable practices, and relentlessly striving for environmental excellence. I want to express my heartfelt gratitude to every Crompton employee for their invaluable contributions, ideas, and dedication that drove us towards this significant achievement. Our gratitude also extends to the Greentech Foundation for recognizing our efforts and serving as a catalyst for us to do more. It is through this collaboration and shared vision that we continue to make meaningful strides towards a greener and more sustainable future."

Crompton continually pioneers innovative environmental practices across its manufacturing facilities, incorporating a diverse range of initiatives. From promoting energy efficiency, waste management, and water conservation to implementing emissions reduction, sustainable packaging, Environmental Management Systems (EMS), and fostering employee engagement and training - the company is committed to minimizing environmental impact. These efforts have significantly reduced the company's environmental footprint and conserved resources, thereby paving the way for a more eco-conscious tomorrow.

Shares of Crompton Greaves Consumer Electricals Limited was last trading in BSE at Rs. 283.80 as compared to the previous close of Rs. 283.10. The total number of shares traded during the day was 12229 in over 564 trades.

The stock hit an intraday high of Rs. 286.65 and intraday low of 282.80. The net turnover during the day was Rs. 3478370.00.

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