The Sustainability 4.0 Awards bestowed the polymer manufacturing giant REHAU South Asia with the prestigious Jury’s Special Mention Award on 12th January 2022 for its ‘UpCycle 95’ Project. The award was hosted by Frost & Sullivan and The Energy and Resources Institute (TERI) and through this recognition, REHAU aims to enhance sharing of best practices across the organizations.
In its twelfth edition, Frost & Sullivan and TERI present the Sustainability 4.0 Awards 2021 that aims to highlight the need for linkages between an organization’s strategy, governance & financial performance and the social, environmental & economic context within which it operates. This program enables businesses to take more logical & sustainable decisions that ensure long-term stakeholder value. The Jury Special Mention Awards, started in 2019, conferred for programs that are best-in-class, scalable and replicable across industry verticals. The Sustainability 4.0 Awards are designed to acknowledge the effort made by companies towards achieving this objective. Through this initiative, the award aspires to assist organizations, unearth the risks, leverage the opportunities, enable them to benchmark their performance, and be rewarded for their accomplishments.
Sustainability is a global subject of importance for REHAU, as a brand it believes and support Planet First concept and it's the fundamental belief of the company that actions taken today will serve the planet for many years to come. At REHAU, people focus on waste avoidance, recycling management, conscious use of green electricity and continuous expansion of sustainable usage of materials in production and much more. The company has recently reduced the ecological footprint of its products by an average of 35 percent.
REHAU’s ‘UpCycle 95’ is designed to effectively use of waste material by addressing the issue ‘waste management’ and demonstrating new business opportunities in different categories. Illustrating quick replicability, the project showcases financially viable and working business model yielding outstanding results in terms of waste management by creating environmentally sound operations and practices.