CII and UN Environment sign MoU

The Confederation of Indian Industry (CII) and the UN Environment has signed a memorandum of understanding (MoU) for coherent implementation of the environmental dimension of sustainable development.

Erik Solheim, Executive Director at UN Environment, and Chandrajit Banerji, Director-General, Confederation of Indian Industry, Thursday signed the MoU at CII's headquarters in Delhi.

"Leadership from India is critical where plastics are concerned, but private sector initiatives are even more significant: solutions lie there," said Solheim.

Chandrajit Banerjee said, "The CII will work towards voluntary codes in Indian industry on the issue of plastics, for which there is already a precedent with benefits to firms in terms of credit and shareholder value. Outside of India, CII will engage with industry forums it is linked to in different countries, and especially in Africa via its annual CII-Africa Conclave."