Monday, April 1, 2024

Vitesco Technologies Publishes Its Third Independent Sustainability Report


Report documents company’s progress across seven material topics

Materiality assessment in preparation for the European Corporate Sustainability Reporting Directive (CSRD)

Validation of short-term climate targets through the Science Based Targets initiative (SBTi)

Also: net-zero greenhouse gas emissions across the entire value chain targeted by 2040

Vitesco Technologies, a leading international supplier of advanced drive technologies and solutions for e-mobility publishes its third independent Sustainability Report. The report documents the company’s progress across seven material topics. Among other things, it is guided by the standards of the Global Reporting Initiative (GRI), the Sustainable Development Goals (SDGs), the United Nations Global Compact (UN GC), and the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

“Thanks to our passionate team and our strong ambition to be a ‘Driver of Sustainability’, we managed to further embed sustainability in our business processes in 2023,” says Dr. Anja Rivera de la Cruz, Head of Sustainability and Security at Vitesco Technologies: “We have thus performed valuable pioneering work and paved the way for our future endeavors.”

Among other things, the company carried out a comprehensive materiality assessment in 2023 in preparation for the European Corporate Sustainability Reporting Directive (CSRD) based on the final European Sustainability Reporting Standards (ESRS), which were published in July 2023. The Sustainability Agenda was further developed in line with the results of the materiality assessment. The six existing material topics – Clean Mobility, Climate Protection, Resource Efficiency and Circularity, Fair Work and Diversity, Responsible Sourcing and Partnerships, and Occupational Health and Safety – were reconfirmed, and Business Ethics and Compliance was added as a seventh material topic. The present Sustainability Report is also structured according to these material topics.

To measure its progress, Vitesco Technologies uses Key Performance Indicators, such as the eNPS (Employee Net Promoter Score), the accident rate, the waste recycling quota, and the share of electrification solutions in its business. The report also presents a wide range of examples of how sustainability is established at all levels within the company.

Vitesco Technologies achieved an important milestone in the 2023 reporting year with the validation of its short-term climate targets by the Science Based Targets initiative (SBTi): Vitesco Technologies has set itself the target of reducing absolute GHG emissions from its own operational activities (Scope 1 and 2) by 100% by 2030 compared to the base year 2019. Furthermore, the company has committed to reducing its absolute Scope 3 emissions by 25% by 2030 compared to the base year 2021. Beyond this, Vitesco Technologies aims to achieve net-zero greenhouse gas emissions across the entire value chain by 2040.

Sabhyata Foundation Takes Charge Of India’s Four Historic Monuments Under 'Adopt A Heritage 2.0' Initiative


Sabhyata Foundation, a not-for-profit company dedicated to preserving and promoting India's cultural heritage, has been entrusted with the upkeep and promotion of India’s four iconic monuments under the Government's "Adopt a Heritage 2.0"project. The adopted monuments include Purana Qila, Humayun’s Tomb, Safdarjung Tomb, and Mehrauli Archaeological Park located in the heart of the capital. The initiative introduced by Ministry of Culture and Archeological Survey of India (ASI), aims for partnerships with private/public sector entities to provide, develop and maintain amenities at centrally protected monuments and sites. The special announcement programme held at the majestic Purana Quila was graced by Shri S. Jaishankar, Hon’ble Minister of External Affairs, Govt of India, as the Chief Guest, and other distinguished guests.

As 'Smaarak Saarthi', Sabhyata Foundation will undertake the responsibility of enhancing visitor experiences at these four heritage sites, positioning them as must-visit destinations. Its primary goals will include increasing footfalls, enhancing amenities and creating memorable experiences while focusing on hygiene, accessibility, safety and knowledge.

Shri Govind Mohan, Secretary, Ministry of Culture shared: "In line with our Hon’ble Prime Minister’s vision of ‘Virasat Bhi, Vikas Bhi’, this initiative exemplifies our commitment to preserving India's diverse heritage through collaborative efforts uniting government, corporates and citizens in safeguarding our rich cultural legacy. Sabhyata Foundation's adoption of these four monuments represents the spirit of 'Sabka Saath, Sabka Vikas, Sabka Prayaas', ushering a new era of vibrant heritage appreciation."

Speaking on the occasion, Mr. Puneet Dalmia, MD & CEO, Dalmia Bharat and Monument Mitra - Red Fort which has partnered with Sabhyata Foundation on several occasions said, "Monuments and cultural sites are the heart of a nation's identity, shaping its history and heritage, not just as relics of the past, but as symbols of our rich legacy. As our implementation partner at Red Fort, Sabhyata Foundation has done a commendable job in creating unforgettable experiences. I wish them the very best in their future endeavours.”

Shri Yadubir Singh Rawat, Director General, Archeological Survey of India commented, “Adopt a Heritage 2.0 has been launched on the back of the demonstrated success of first round initiated in 2017. Red Fort is a shining example how we have added technology and modernity to create enhanced experiences of our heritage landmarks. However, we have 4000 such monuments that require our efforts and we look forward to the participation from private organisations so that the national cultural treasures continue to remain inspirational for the future generations too. We are thankful to the Ministry of Culture for their continued support and encouragement.”

Mr. Ravi Jhunjhunwala, CEO, HEG Ltd. and Board Member, Sabhyata Foundation said, “Sabhyata Foundation is committed to preserving and promoting the cultural and heritage ecosystem of India and is dedicated to deliver world class experiences of Indian heritage, art, architecture and culture. We are further strengthening our team by building a strong advisory board of passionate and accomplished individuals: Mr. Nakul Anand, former Executive Director, ITC has agreed to join as Chairman of the Advisory Board; Mrs. Avantika Dalmia, Chairperson, Avanee Foundation has joined us as the Co-Chair, Mrs. Vasvi Bharat Ram, Joint Vice Chairperson, The Shri Ram Schools and Mrs. Avarna Jain, Vice Chairperson of the Board, Saregama India Ltd. have joined as esteemed members of the Advisory Board.”

Sabhyata Foundation's plan for Purana Qila involves enhancing visitor experiences by interpreting the historical significance of the site through research-backed evidence. Plans include a sound and light show, a museum showcasing excavated artifacts from various historical periods and a souvenir shop. The foundation will organize year-round site activities and work closely with the Ministry of Culture and ASI to access authentic research, experts and historic artifacts. Fine dining experiences themed around 'Ancient Grains of India' will be conducted in strategic locations. Heritage walks and interactive displays will enrich the narrative further. Plans for the other three monuments will be revealed subsequently.

Photo Caption: Lamp lighting ceremony by Sabhyata Foundation, announcing adoption of 4 heritage monuments under the Government's "Adopt a Heritage 2.0"project in the Presence of Smt. Meenakshi Lekhi, MoS for External Affairs and Culture, Shri S. Jaishankar, Hon’ble Minister of External Affairs, Shri Puneet Dalmia, MD & CEO, Dalmia Bharat Ltd, Shri Govind Mohan, Secretary, Ministry of Culture,

HCIL IntroducesUpgraded Safety Features In Its Line-Up Comprising Of Elevate, City, City e:HEV And Amaze


* Makes Six Airbags, Three Point ELR Seat Belts And Seat Belts Reminder As Standard Offering Across The Grades Of City & Elevate

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India reinforced its commitment to safety by introducing upgraded safety features in its line-up comprising of Elevate, City, City e:HEV and Amaze. These enhancements align with the company’s global vision of ensuring zero traffic collision fatalities involving Honda automobiles globally by 2050.

The popular models, Honda Elevate & Honda City will now come equipped with six airbags, 3-point Emergency Locking Retractor (ELR) seatbelts and Seatbelt reminder for all 5 seats as standard offering across all grades. These models will also come with several feature additions which will enhance customer experience. The City e: HEV, already equipped with six airbags, will now also feature seatbelt reminders for all five occupants. Honda Amaze will feature enhanced safety with seatbelt reminders for all 5 occupants.

Speaking on the enhanced safety package, Mr. Takuya Tsumura, President & CEO, Honda Cars India Ltd. Said, “Honda demonstrates its unwavering commitment to safety of our customers through a comprehensive suite of active and passive safety features, prioritising protection for drivers, passengers, and fellow road users alike. Aligned with our global target for ‘zero traffic collision fatalities involving Honda vehicles and approach of ‘Safety For Everyone’, we are making 6 airbags as standard offering across Elevate and City. As India’s road infrastructure evolves and safety awareness among customers rises, Honda remains steadfast in its commitment to exceeding safety benchmarks, and thereby delivering excellence and customer satisfaction.”

Summary of updated features in respective models & grades:

Honda Elevate:

6 Airbags as standard application across all grades (newly introduced in SV, V and VX)

3-point emergency locking retractor seatbelts along with adjustable head restraints for all 5 seats standard across grades (newly introduced rear centre 3-point seatbelt & head restraint in all grades)

Seat Belt Reminder for all 5 seats standard across grades (newly introduced rear seat belt reminder in all grades)

Driver & Assistant Sunvisor Vanity Mirror with Lid standard across grades (newly introduced in SV, V, VX)

Digital Analogue Integrated Meter with 17.7cm (7inch) HD Full Colour TFT MID standard across grades (newly introduced in SV, V)

Enhancement of Front AC Vents Knob & Fan / Temperature Control Knob with Silver Paint in V, VX and ZX .

Honda City:

6 Airbags as standard application across grades (newly introduced in SV and V)

Seat Belt Reminder for all 5 seats standard across grades (newly introduced rear seat belt reminder in all grades)

10.6 cm (4.2 inch) Color TFT Meter Display newly introduced in SV grade

8 speaker premium surround sound system newly introduced in VX grade

Rear Sunshade newly introduced in VX grade

Honda City e:HEV :

Seat Belt Reminder for all 5 seats

Honda Amaze:

Seat Belt Reminder for all 5 seats standard across grades (newly introduced rear seat belt reminder in all grades).

Blue Dart Introduces “20-Hour Delivery Service To GIFT City” From Major Metros


Blue Dart, South Asia's premier express air and integrated transportation & distribution company, announced its central presence in GIFT City, With the inauguration of a new facility tailored to meet evolving customer demands and align with India's growth trajectory. Equipped with cutting-edge infrastructure and seasoned personnel, Blue Dart's GIFT City facility introduces a 20-hour delivery service from key metropolitan cities, ensuring a next-day delivery commitment.

Commenting on this expansion, Balfour Manuel, Managing Director, Blue Dart, stated, "The inauguration of Blue Dart’s GIFT City facility signifies yet another milestone in our quest to redefine the logistics landscape. We are committed to providing best-in-class services and becoming the preferred logistics partner for all our customers' shipping needs. We aim to enhance our market presence and capitalize on customer outreach opportunities at the global level. Blue Dart's venture into the contemporary financial ecosystem of GIFT City will enable us to support businesses and generate value for our customers."

Blue Dart seamlessly connects its fleet of 8 Boeing aircraft to provide express connectivity to GIFT City in Ahmedabad from all major metropolitan areas. With a strong focus on customer-centricity, the company has established an extensive network spanning across 55,600+ locations nationwide, ensuring accessibility and reliability for all shipping needs. With a robust fleet of over 12,000 on-ground vehicles including 460 E-vehicles, supported by 2,253 facilities nationwide, Blue Dart guarantees swift and secure deliveries. This strategic infrastructure positions Blue Dart as a frontrunner in providing express ground and e-commerce solutions, facilitating seamless deliveries to and from GIFT City. Leveraging the world's largest express and logistics network as part of the DHL Group’s DHL eCommerce Solutions division, Blue Dart extends its reach to over 220 countries and territories globally.

Through its comprehensive service offerings, Blue Dart empowers SMEs and MSMEs across all pin codes by collaborating with them to expand their services and reach even the most remote areas of the country. In terms of operational efficiency, Blue Dart serves as a catalyst in facilitating business for sectors such as E-commerce, Pharmaceuticals & Medical Devices, BFSI, Consumer Electronics, and Automotive, among others.

The conveniently located facility is situated at 9,Tower-D, World Trade Centre, GIFT City Complex, Gandhinagar, Gujarat.

For inquiries or assistance, customers can reach out to Blue Dart at 18602331234 or via email at BDCS@bluedart.com .

Explore, Connect, And Thrive At MAHE B’LRU Open House On April 6, 2024


Manipal Academy of Higher Education (MAHE) Bengaluru is thrilled to announce the Open House, a dynamic event that displays the wide range of academic programs, state-of-the-art infrastructure, and the vibrant campus life offered at MAHE Bengaluru. The event is aimed at fostering academic excellence through intellectual competition while giving prospective students and parents the chance to experience first-hand, the unique offerings and holistic learning environment provided by MAHE Bengaluru. The event is scheduled for April 6, 2024, starting at 9:30 AM at the MAHE Bengaluru campus.

The event will feature interactive workshops, engaging quizzes, and career-focused career assessment test, and more, offering a day packed with rich, meaningful interactions and exciting activities.

A welcome presentation and Q&A session by Mr. Gaurav Yadav, Deputy Director of Admissions at MAHE Bengaluru will begin at 1:30 PM, followed by a talk hosted by Prof. Madhu Veeraraghavan, Pro-Vice-Chancellor at MAHE Bengaluru. The day will end with a set performed by stand-up comedian Kenny Sebastian.

Excited about the upcoming event, Prof. Madhu Veeraraghavan, Pro VC of MAHE Bengaluru said, "We are thrilled to welcome students, parents, and enthusiasts to MAHE Bengaluru Open House. This event is an excellent opportunity for aspiring minds to explore our world-class facilities, innovative programs, and vibrant campus culture. Join us as we open our doors to a journey of learning, discovery, and endless possibilities."

Register and secure a seat for an opportunity to discover, learn, and be part of this one-of-a-kind event.

Registration is taking place on https://apply.manipal.edu/lp/maheblr/open-house.html

playR Continues To Be The Official Merchandising Partner Of Rajasthan Royals


playR, one of the leading sports and lifestyle brands, announced today that they have associated with Rajasthan Royals, the inaugural champions of the T20 Tournament, as the team’s Official Merchandising Partner, the journey that started in 2023 continues for 2024 season.

This partnership will enable Rajasthan Royals to create a vast range of fan merchandise for their fans worldwide. The merchandise range will include apparel, accessories and lifestyle products for fans to show their loyalty to the team.

The objective of this partnership is to provide the Royals’ fans across the globe the opportunity to proudly don their team’s threads and sport various exclusive merchandise.    

Alok Chitre, Chief Business Officer, Rajasthan Royals said, “As a franchise which is fan-focused, we are always looking to provide our fans with the best quality merchandise so they can showcase their support for the teams. Through our extension of the association with PlayR, we are looking forward to the fans sporting the specially curated range of merchandise that captures the essence of the team,

Ravi Kukreja Co-Founder, Director - playR, expressed his enthusiasm for the partnership, saying, “We are thrilled to be continuing our partnership with Rajasthan Royals for the 2024 season. This partnership will allow us to create a unique range of merchandise for Rajasthan Royals fans around the world. We look forward to working with the team and helping them to create a strong fan base.”

playR is a sport and lifestyle brand founded in 2021 and strives to provide customers with unique and edgy apparel, sports equipment, bicycles and accessories that celebrates their style and encourages them to express themselves. Currently present in over 100 retail stores in India and International and ecommerce, playR strives to cross 800+ stores over a period of 2 years. playR provides a wide range of products that includes t-shirts, jackets, shorts, tracksuits, bats, balls, leg-guard, gloves, bicycles, bags, yoga mats, bottles, etc, as well as limited-edition items. playR’s mission is to inspire customers to be creative, confident, and fearless by providing them with a unique and fashionable style.

About playR:

With the focus on “PLAYER FIRST” and with its slogan “LET’S PLAY”, playR strives to create “real” products — products that help make daily life healthier, more meaningful, and much more enjoyable. The products and services embody every ounce of their expertise and ideas. They are rooted in the mindset that sports are part of our daily life, part of our work, and even our way of life.

The wide range of products includes apparel such as t-shirts, jerseys, jackets, shorts, tracksuits; equipment such as bats, balls, gloves, pads; mountain, city, hybrid and road bicycles; accessories such as bags, yoga mats, bottles, etc., as well as limited-edition items. They are currently bootstrapped and present in over 350 retail stores globally and on all leading ecommerce sites apart from www.playR.in website, and aim to cross 800+ stores over a period of two years with a current growth rate of 100% year on year.  Website: https://playR.in/

About the Rajasthan Royals:

Rajasthan Royals were the champions of the inaugural 2008 season and are one of the 10 teams competing in the Indian Premier League (IPL). The franchise completed a major shareholding restructure in 2021, with Emerging Media having the majority ownership of the franchise with support from new co-investor RedBird Capital Partners.

For more information, please go to www.rajasthanroyals.com/

Apollo Pharmacy Opens Of Its 6000th Store Opposite Kuvempunagar Bus Stand


Today, Apollo Pharmacy proudly inaugurated its 6000th store in JCST Layout, Kuvempunagar, opposite Kuvempunagar bus stop. The esteemed event was graced by Sri Sri Someshwaranatha Swamiji (Sri Adichunchanagiri Mahasamsthana Mutt) and Sri Arun Yogiraj (Sculpture Maestro), signifying a significant moment for Apollo Pharmacy's dedication to providing accessible healthcare solutions to communities. Mr. N.G. Bharateesh Reddy, Vice President – Operations & Unit Head – Apollo BGS Hospitals, Mysuru, and Mr. P. Jayakumar, CEO of Apollo Pharmacies Limited, also attended the event, emphasizing the company's commitment to its mission.

During the media address, Mr. P. Jayakumar, CEO of Apollo Pharmacies Limited expressed gratitude, stating, "As we celebrate the inauguration of our 6000th Apollo pharmacy in India, we extend our sincere thanks for the trust placed in us to safeguard your health and well-being over the years. Each new pharmacy marks a significant milestone in our ongoing dedication to improving lives and promoting wellness in every community we serve."

With the addition of this new store, Apollo Pharmacy's extensive network now spans 6000 outlets across the nation, effectively reaching over 19,000 pin codes through the Apollo 247 app. This expansion ensures seamless access to healthcare services for over 60 crore Indians.

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