Sustainability 4.0 Awards

"To assist adoption of sustainable development practices in the organizations and recognize the efforts of front runners through a healthy benchmarking process".

In the 21st century, Sustainability is not an option available for businesses; rather an indispensable part of being resilient, proactive, and progressive with changing times!!!

Partnering with TERI has further fostered our commitment and action plan on this journey. By launching the eleventh edition of Sustainability 4.0 Awards, we intend to have large number of companies moving towards a structured sustainability agenda.

I hereby take this opportunity to personally invite you to be part of this exciting assessment, and recognition program.

- Amol Kotwal, Vice President, Industrial Practice, Frost & Sullivan - South Asia

Success breeds more success and nothing amplifies successful behavior more than recognition in a framework of aspiration. We at TERI are proud to partner with Frost & Sullivan in this initiative to recognize best practices in sustainability.

The Sustainability 4.0 Awards reflect our common commitment to provide a measurable and verifiable framework for sustainability, and to honor the efforts of businesses to meet and to better these benchmarks.

We look forward to have you with us on this journey, which would lead to a better future for all of us.

- Dr. Ajay Mathur, Director General, TERI

About Program

The Sustainability 4.0 Awards are designed to acknowledge the effort made by businesses towards achieving this objective. Through this initiative, we aspire to assist organizations unearth the risks, leverage the opportunities, enable them to benchmark their performance, and of course, be rewarded for their accomplishments.

The awards platform instituted in 2009 has evolved in its scope and boundary ever since its inception. It has been through a series of transformation in the scope of assessment, sector coverage and the program title itself.

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Program Enablers

Step-By-Step Approach


Submission of Application Form and Self-Assessment Docket (SADOC)

31st DEC, 2019

Screening of the application documents by the committee

15th JAN, 2020

Assessment team visits the facility and maps the maturity on the Sustainability Excellence Model

15th JAN, 2020 - 30th APR, 2020

An executive summary with industry comparisons and opportunities for improvement will be shared to the facility


The jury shall review the companies qualified for awards and finalize the award map

MAY, 2020

Winner's and Qualifiers shall be felicitated at the Sustainability 4.0 2020 awards banquet

11th JUN, 2020

Program – Key Features

  • Transparent and rigorous assessment process based on our Sustainability 4.0 Framework. 1
  • Evaluation criteria’s and checkpoints predefined to build objectivity 2
  • Different weightage for subparameters based on the criticality and relevance to industry. 3
  • Assessment team comprises of sustainability professionals from Frost & Sullivan, TERI and Industry Experts. 4
  • Overall scores for the facility arrived on-site. 5
  • Feedback report highlighting current performance and improvement opportunities submitted post the assessment 6

Application Fees

Participation Categories Application Fees Sustainabilty Assessment Fee (Site Level) Sustainabilty Assessment Fee (Corporate Level) Safety Assessment Fees
Emerging Business Annual Sales
< = INR 100 Cr
INR 48,000 INR 1,75,000 INR 2,55,000 INR 1,15,000
Medium Business Annual Sales
> INR 100 Cr and < = INR 500 Cr
INR 75,000 INR 2,85,000 INR 3,80,000 INR 1,80,000
Large Business Annual Sales
> INR 500 Cr and < = INR 2000 Cr
INR 75,000 INR 3,85,000 INR 4,80,000 INR 2,30,000
Mega Large Business Annual Sales
> INR 2000 Cr
INR 98,500 INR 4,60,000 INR 5,80,000 INR 2,85,000
* The fee is exclusive of GST @ 18%
* The awards review team will decide on the facilities to be shortlisted for site visit under corporate nomination.

Sectors Eligible To Participate


Henkel Adhesive Technologies India Private Limited

We are happy that Henkel Adhesive Technologies India was recognized as the recipient of the “Leaders Award” in the Large Business Process Sector – Corporate category, at the 2019 Sustainability 4.0 Awards. Winning this award has been an incredible experience and has helped us to further illustrate our commitment to sustainability while inspiring to do even better in the future. The awards assessment of Frost & Sullivan is methodical, comprehensive and based on a well-defined framework. The model also keeps in context global sustainability and future reporting requirements.

– Mr. Bappa Bandyopadhyay, Director Operations & Projects Henkel Adhesive Technologies India Private Ltd.
Bharat Petroleum Corporation Limited

We are pleased by the comprehensive Sustainability Assessment Framework (Purpose, Partnership, Planet, and People) adopted by Frost & Sullivan and TERI for evaluating organizations on their sustainability journey. Participation in Sustainability 4.0 Awards helped us assess our current performance while enabling us to improve from the previous year and move from Challengers to Leaders category. Our best wishes to the Frost & Sullivan team in their endeavor to drive the sustainability journey in India to greater heights.

– Mr. C. J. Iyer, Executive Director I/C (Mumbai Refinery) Bharat Petroleum Corporation Limited
Mahindra Vehicles Manufacturers Ltd.

Frost & Sullivan's assessment has always enabled us to sustain high performance. The assessment model focuses on all aspects of the business and compels us to continually review and re-evaluate everything we are doing. The assessment framework based on manufacturing effectiveness, enhanced competitiveness, and business growth is a strong enabler for continuous improvement and journey toward world-class manufacturing.

- Mr. Vijay Kalra, CEO – Mahindra Vehicles Manufacturers Ltd. & Chief of Manufacturing Operations, Auto Sector
Marico Limited

The Frost & Sullivan and TERI Sustainability 4.0 Awards are based on a well-defined framework covering all critical areas of sustainability. The team was cognizant of the sustainability relevance and importance to the business. The assessment outcome, on one hand, established the good sustainability practices we have adopted and on the other hand, helped us identify further opportunities to excel in our sustainability journey.

- Mr. Bipin Odhekar, Operations Excellence and Sustainability Head Marico Limited
Aditya Birla Fashion & Retail Ltd.

The framework and assessment for Frost & Sullivan’s 2019 Sustainability 4.0 Awards stands out in terms of its depth and rigor. The framework enables an evaluation of the sustainability journey and allows meaningful conversations with various stakeholders. It has brought out qualitative and quantitative insights about our sustainability performance and allowed us to benchmark with other leading companies. The award has motivated us to keep working toward enhancing sustainability in our organization and the industry sector.

- Mr. Ashish Dikshit, Managing Director, Aditya Birla Fashion & Retail Ltd.
Mondelez India Foods Private Limited

Everyone aspires to be the best and set benchmarks. For Mondelez India winning the Frost & Sullivan-TERI Sustainability 4.0 Award again is a part of its ambition to attain sustainability goals. Sustainability is a collective journey for the betterment of people and planet, therefore, assessments and recognition from esteemed organizations like Frost & Sullivan and TERI help Mondelez strengthen and build robust plans toward this journey. Mondelez India is impressed with the thoroughness, attention to detail and professionalism of the assessment. It was inspiring and provided us insights on the areas we need to focus on and leverage to go to the next level in the sustainability journey. We would like to thank Frost & Sullivan and TERI for this opportunity and recognition, and the pioneering work done in the area of sustainability.

- Mr. Sharad Kalghatgi Head - Sustainability and HSE, Mondelez India Foods Private Limited


Glimpses of 2019

Media Partners 2019