BuildingsustainablechemicalmanufacturinginIndiathroughinnovation,integrationandincentives4PwC|ICC|BuildingSustainableChemicalManufacturinginIndiathroughInnovation,IntegrationandIncentives5PwC|ICC|BuildingSustainableChemicalManufacturinginIndiathroughInnovation,IntegrationandIncentivesMessagefromICCKartikBharatRamPresidentICCTheprincipleofsustainabilityhasbecomedeeplyingrainedacrossvariousindustriesinmoderntimes.Inthechemicalindustry,sustainabilityisdrivenbybothregulatoryandvoluntaryinitiatives.Duetothefundamentalcharacteristicsofchemicals,theirutilisationhasalwaysbeensubjecttostringentregulations.Simultaneously,ataglobalscale,theindustryhasdevelopedaverifiablemodelofcompliancethatfocusesontheproduct,community,safetyandsustainabilityaspects.TheIndianChemicalCouncil(ICC)istheproudflagbearerofthisinitiativecalledResponsibleCare(RC).Asapremierchemicalsindustryassociation,ICCcontinuestoactivelyworkwithboththeindustryandthegovernmenttoensurethatthechemicalindustrycontributesitsfairshareandplaysanimportantroleinthecountry’seconomicrevivalaftertheCOVID-19pandemic.ThissustainabilityconclaveexemplifiesICC’scommitmenttowardspromotingthecauseofsustainabilitywhilealsofocusingonthegrowthpotentialfortheindustry.IamhappythatthefoundationlaidbyICCinNovember2019withthefirsteditionoftheconclaveisbeingsuccessfullyfollowedthisyeardespitetheunforeseenchallengeswearefacingtoday.Growthshouldnotcomeatacompromise–itmustbeachievedsustainablywithsocietyasthefocalpoint.Theprosperityofbusinesshasbecomecloselyinterlinkedwithsustainabilityduetoincreasedfocusandawarenessonbothenvironmentalandsocialfronts.SustainabilityforindustrieshasbecomethepillarforgrowthandhasbeenakeyfocusareaforICC,especiallywiththepromotionofRCinthecountry.RCnotonlyfostersthesafeproductionofchemicalsbutalsonurturesenvironmentalsustainability,chemicalsecurity,andthewell-beingofemployeesandsurroundingcommunities.Toprovidesomecontext,theglobalchemicalsindustryisresponsibleforapproximately5%oftheworld’sgreenhousegas(GHG)emissionsandiskeytoachievingnet-zerotargets.1ThroughinitiativeslikeRC,theindustryhasmadesignificantstridesinreducingitsenvironmentalimpact.IamconfidentthatICCwillendeavourtofollowupandsupporttheimplementationofoutcomesofthisconclave.Thistwo-dayeventservesasacompellingplatformtochampionthecauseofsustainabilitythroughoutthecompletelifecycleofchemicals.IwouldliketoexpressmydeepappreciationtotheDepartmentofChemicalsandPetrochemicals,MinistryofChemicalsandFertilizers,foradoptingandsupportingtheinitiativethatwillenableustofurtherstrengthenthesustainabilityeffortsinthesector.Iextendmyheartfeltwishesforthesuccessoftheevent.1.https://www.weforum.org/press/2021/10/global-chemical-companies-collaborate-in-pivotal-move-to-net-zero/6PwC|ICC|BuildingSustainableChemicalManufacturinginIndiathroughInnovation,IntegrationandIncentivesMessagefromICCRaviKapoorChairman,ICCSustainabilityCommittee,andMD,HeubachColourPvt.LtdItisonceagainmypleasureandprivilegetowelcomeyouandintroducethesixtheditionofICC’sSustainabilityConclave2024themed‘Sustainablechemicalmanufacturing:Innovations,integrationandincentives’whereweaimtonavigatethechallengesandexploretheboundlessopportunitiesthatlieahead.ThechemicalindustryoftheworldandIndiahasasignificantroleincontributingtothistask.CompanieshaveanewandintensefocusonESGwithstakeholdersdemandingthatourindu...