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Ingersoll Rand Partners with TERI for World Sustainable Development Summit

India CSR by India CSR
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NEW DELHI: Ingersoll Rand, a world leader in creating comfortable, sustainable and efficient environments, joined leaders from ar, shares ound the world at the TERI Annual World Sustainable Development Summit (WSDS), October 5- 8, in New Delhi.

Ingersoll Rand was an associate partner of the Business Day at TERI WSDS, and led the Thematic Track Corporate Dialogue: Transitioning to More Efficient HVAC Systems with Low GWP Refrigerants.

Randal Newton, vice president of engineering operations for Ingersoll Rand, joined experts from environment, energy and sustainability services on the panel, to share views on energy efficiency as a key element in the global collaboration to preserve the ozone layer, and mitigate climate change.

At the Summit’s inaugural Session, Randal Newton, Vice President, Engineering Operations of Ingersoll Rand said, “Technology breakthroughs in refrigerants and better control and maintenance of systems are providing the foundation for a significant reduction in lifecycle emissions in buildings and in transport refrigeration.

Ingersoll Rand supports the HFC amendment to the Montreal Protocol in 2016 as one of the key initiatives to reduce the greenhouse effect on our environment.”

“With India formally joining the Paris Agreement, we are confident that the search for solutions would continue further with more R&D activities and industry-led innovations in search for low-GWP HFC alternatives,” he added.

The panel also explored how the Montreal Protocol can provide funding support for transitions offering greater efficiency and next generation, low global warming potential (GWP) solutions for room air conditioning systems.

Speakers and Lead Discussants included R. R. Rashmi, Special Secretary, Ministry of Environment and Forests; Saurabh Kumar, managing director, Energy Efficiency Services Limited; Marco Gonzalez, former Executive Secretary, Montreal Protocol; Dr. Stephen Anderson, director – research, Institute for Governance & Sustainability (IGSD); Saurabh Diddi, energy economist, bureau of energy efficiency, Anjali Jaiswal, senior attorney and director, India Initiative, NRDC and Bhaskar Deol, Consultant, NRDC.

Dr Ajay Matur, Director General, The Energy and Resource Institute (TERI) shared, “The increasing use of air conditioning systems is exponentially driving up the demand for energy. While this may be contributing to the quality of life, it has also produced direct emissions of refrigerants that have a very high Global Warming Potential (GWP). There is, therefore, an emergent need to move towards energy-efficient air conditioners with low GWP refrigerants and climate-friendly designs.

This discussion at World Sustainable Development Summit on the need to create such a transition is a key step that will aid the adoption of a variety of new measures that engage meaningfully with policy makers, manufacturers and consumers at large. At TERI we will continue to collaborate with the government on this very important environmental challenge of our times.”

Ingersoll Rand Climate Commitment

In 2014, Ingersoll Rand announced its Climate Commitment to reduce greenhouse gas (GHG) emissions from its products and operations by 2030. The Ingersoll Rand Climate Commitment pledges to:

Cut the refrigerant GHG footprint of its products by 50 percent by 2020 and incorporate lower-global warming potential alternatives across its portfolio by 2030;

Invest $500 million in product-related research and development by 2020 to fund the long-term reduction of GHG emissions; and

Reduce company operations-related GHG emissions by 35 percent by 2020.

 

To date, the company’s Climate Commitment has supported the avoidance of approximately 2 million metric tons of CO2e globally, which is the equivalent of avoiding annual CO2 emissions from energy used in more than 270,000 homes or more than 2.1 billion pounds of coal burned. By 2030, the company expects to reduce its carbon footprint by 50 million metric tons.

Tags: Ingersoll RandR. R. RashmiWorld Sustainable Development

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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