Henkel Adhesive Technologies India Private Limited (Henkel India), a fully owned subsidiary of Henkel AG & Co. KGaA, the leading solution provider for adhesives, sealants and functional coatings, has taken a big step towards sustainability with its CSR project, ‘Lighting Lives’. This project, which is in line with the global Sustainability Strategy for 2030, aims to provide electricity to villages in Maharashtra by installing solar panels. The company also reached the interim targets of its Sustainability strategy, setting new milestones for 2020 and published its 25th Sustainability Report.
As part of 2015-16 budget speech, Finance Minister Arun Jaitley has set a deadline of May 1, 2018 for “100 per cent village electrification”. Under the ‘Deen Dayal Upadhyaya Gram Jyoti Yojana’, the ministry has allocated a fund of Rs 8,500 crores to achieve this key target of rural electrification. As a sustainability leader, Henkel through ‘Lighting Lives’, intends to contribute to this development story of India while continuing to shape the business responsibly and increase economic success.
This noble initiative, currently in the pilot phase, has seen installation of solar cells in three villages situated in the Palghar district of Maharashtra. The solar power generated has successfully supplied electricity to the homes of 150 people and to the schools attended by about 1,600 children. The project will be expanded to include other villages and public facilities.
Interim targets achieved – new ambitions for 2020
Achieving more while using less resources and tripling the efficiency by 2030 – that is the goal of Henkel’s Sustainability Strategy. The company has made great progress and has surpassed its interim targets for 2011 to 2015:
- Energy efficiency improved by 18 percent
- Water use by 23 percent
- Waste volume by 17 percent
- Occupational safety by 33 percent and
- Sales by 11 percent
Overall, Henkel has improved the relationship between the created value and the environmental footprint by 38 percent.