Monday 1 June 2020

Energy Conservation - A corporate social responsibility


Energy is available in different forms like light, heat, thermal etc. This energy is generated from the natural resources, the use of these resources for converting into energy is increasing day by day due to industrialisation. Many manufacturing industries require more energy for their production purpose as without it they cannot produce further hence the consumption of energy is more from this sector. Unlike many rural areas in India do not have the facilities of electricity, fuel etc so they focus more on agriculture as their source of income, using raw methods of production and distribution. The consumption of energy is so much from the industries and the urban areas that it will be difficult to generate more for the future. Hence the corporates are applying different methods to conserve these energies for future use and also implementing different projects in rural areas to spread awareness about energy conservation and to make products which can work on naturally available sources. Many corporates are now investing in their CSR activities towards rural development with energy conservation products implementation as over 70% of indian pouplation lives in rural areas and many of them lack in electricity and other facilities so it becomes the responsibility of the organisations to use alternatives energy resource for their manufacturing purpose and to serve the rural areas with eco friendly energy products.

Innovative Financial Advisors Pvt Ltd ( Fiinovation ), is a leading research and advisory firm that offers expertise in corporate social responsibility (CSR) and sustainability domain. Fiinovation projects are popular in different states of india and also appreciated by many corporates over the world. Fiinovation partnered with a leading cement company for socio economic study at 12 districts spread across nine states.The study emphasises on education, finance , connectivity of electricity etc. The information about different Fiinovation CSR activities are available on their official website and also on their social media pages. Fiinovation focus helps the companies to invest and implement in the CSR activities which will benefit the society.

Around 40 % of energy is consumed by the Industries and the rest is consumed by commercial ,agricultural and other sectors.Conservation of Energy has become the main focus of many industries in this mechanical and technological era as everything we use requires large amounts of energy to produce and these products require efficient energy to work.Some organisations are now making use of renewable energy sources to minimise energy cost without affecting the quality, productivity and also to minimise environmental effects. Some industries are implementing their CSR activity of energy conservation in rural areas to help people by using products which run on renewable energy.

E.g - Dalmia Bharat and Sugar Industries Limited made use of products which work on renewable energy for the villagers to utilize it for cooking, lighting etc. They set solar panels for electricity,biogas plants for cooking which benefit 12 villages.

Many celebrities are also giving a helping hand to conserve the energy and to make renewable energy in use, like Akon an American singer started a project ‘Akon Lighting Africa’ to provide electricity for over 600million people in africa by using solar energy.

As the most of the energy is consumed by the industries in their activity like transportation , manufacturing and commercial purpose so it became the responsibility to serve the society by minimising the use of energy and implementing renewable sources for day to day work.

Fiinovation family focuses more on environmental activities and helps the company to implement their CSR activity to conserve resources and uplift the rural areas.Fiinovation CEO Dr Soumitro Chakraborty and team are working tirelessly for their CSR activities. Fiinovation News about different projects is covered by well known media channels like ANI News and Economic times. Fiinovation believes in Simplicity,Transparency and Quality with this trust many corporates are now investing in their CSR activities which will benefit the society. We can contact Fiinovation through their social media sites like Facebook,Linkedin and Twitter.

Contact through links: Fiinovation Facebook

Fiinovation Linkedin

Fiinovation Twitter

Fiinovation Delhi NGO address : 24/30, Ground Floor, Okhla Industrial Estate, Phase -3, New Delhi, Delhi - 110020

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