Cochin Shipyard Becomes The First Shipping Company With A GreenCo Rating

Cochin Shipyard Becomes The First Shipping Company With A GreenCo Rating

Cochin Shipyard Ltd (CSL) has become the first company in shipping sector to be certified by Confederation of Indian Industry (CII) for GreenCo silver rating.

CSL has now joined a handful of companies like IndianOil Corporation, Hindustan Petroleum Corporation, Bharat Petroleum Corporation, ONGC, GAIL, Indian Railway which have already been certified.

What is the GreenCo rating?

GreenCo rating is based on performance evaluation of a company under various parameters like energy efficiency, water conservation, renewable energy, greenhouse gas emission, waste management, material conservation, recycling and recyclability, green supply chain, product stewardship and life cycle assessment, innovation for the environment, green infrastructure and ecology.

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“The GreenCo silver rating will pave way for CSL to draw a long-term roadmap for ecologically sustainable business growth,” it said in a statement.

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