Page 73 - Management Digest Udyama Vol 1 Isuue 2
P. 73

Eco-innovation helped shift                                 Eco-innovation helped shift
                                                                           the sustainability focus into
                                                                           a different domain from the
               the sustainability focus into                               operational core, such as supply
                                                                           chain partnerships. Companies
              a different domain from the                                  started developing new business
                                                                           relationships with suppliers
           operational core, such as supply                                as well as with the customers
                                                                           and other value chain partners
            chain partnerships. Companies                                  so that it was able to harness
                                                                           the sustainability benefits
           started developing new business                                 with a win-win situation for
                                                                           both partners. United Nations
                                                                           Environmental Programme
         relationships with suppliers as well                              (UNEP) realized the value of the
                                                                           tool and subsequently developed
           as with the customers and other                                 the UNEP Eco-innovation
                                                                           methodology and toolkit. UNEP
         value chain partners so that it was                               started disseminating the tool
                                                                           to the developing countries
           able to harness the sustainability                              with technical support in terms
                                                                           of capacity building and pilot
           benefits with a win-win situation                               applications. Sri Lanka also
                                                                           became a country to implement
                                                                           Eco-innovation in the first round
                       for both partners.                                  of pilot applications in 2013 as
                                                                           the National Cleaner Production
                                                                           Centre (NCPC), Sri Lanka was
                                                                           keen in interest to promote
                                                                           such new tools to the industrial
                                                                           organizations in the country.








































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