Oct. 1, 2019, Seregno, Italy – Arvind Poddar, chairman and managing director of Balkrishna Industries Limited (BKT), an Off-Highway tire manufacturer headquartered in India, received highest honors as Best Transformational Leader at the 6th Asia Business Responsibility Summit.
The Asian Center for Corporate Governance & Sustainability, patron and promoter of the 6th Asia Business Responsibility Summit, is a non-profit-organization that aims at bringing about qualitative improvement in the Corporate Governance & Sustainability practices of Asian companies. The organization is committed to encourage and enhance corporate practices to generate wealth in a socially responsible manner. The Asian Centre plays a strong advocacy role and believes that Corporate Sustainability is crucial to the Sustainable Society and Cleaner Cities.
Every year, The Asian Center for Corporate Governance & Sustainability confers a series of “Leadership, Corporate Governance, Sustainability & CSR Awards” to industry leaders and directors, who are doing exemplary work in improving Governance standards of their respective companies.
Prerequisites for eligibility in the Best Transformational Leader category are attributes such as meeting business and growth targets reflecting the individual’s personal contribution, reflecting personal beliefs in strategies, the capability of arousing emotions and identification among employees, enabling and fostering employees to creative problem solving, playing an integral role to the transformation and growth of the company, and dedicating resources and involving stakeholders to CSR activities.
“I am extraordinarily pleased and satisfied about this prestigious accolade on the Asian continent, which is presently the largest growth engine for the global economy,” said Poddar. “Without any doubt, this is a wonderful moment and a great personal achievement. In BKT, we feel that we have a huge responsibility and we must be an example in social and environmental matters. I wish to thank my family for their unconditional support and the entire BKT team for their commitment and constant desire for excellence.”
Corporate Social Responsibility has been at the core of BKT’s business activities ever since. In line with its corporate philosophy, BKT takes care of its people, their well-being and the environment they live in. Not only has the company its own wind farms to produce green energy for the production plants in Northern India and tree plantations at its largest production site in Bhuj. Yet, the greatest evidence for its social commitment is BKT’s WE CARE Foundation that has sustained environmental and social projects of different nature and origin world wide for over a decade.
This recent accolade acknowledges BKT’s corporate governance and its growth strategy under the sign of social and environmental responsibility ensuring sustainable development.
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