About GreenCo Rating System
GreenCo Vision

Be a catalyst for 'Greening' Indian industry and facilitate India to become one of the global leaders in Green Businesses by 2022

GreenCo Mission

To facilitate indian industry make a substantial improvement in their environmental performance thereby saving both natural and financial resources"

About GreenCo

CII - Sohrabji Godrej Green Business Centre works closely with the stakeholders on promoting Green practices in the Industry and offers world-class advisory services on the conservation of natural resources. One of the major step taken by CII towards this direction is the development of 'Green Company Rating system' (GreenCo rating) for companies.

GreenCo Rating is the "first of its kind in the World" holistic framework that evaluates companies on the environmental friendliness of their activities using life cycle approach. Implementation of GreenCo rating provides leadership and guidance to companies on how to make products, services and operations greener. Industry personnel are trained on the latest Green concepts and facilitated for implementing better systems and implementing global best practices in green.

(life cycle approach - Product design, Materials used, procurement, vendor management, logistics, packaging, manufacturing, distribution, product use, disposal and recycling).

GreenCo rating Parameters

The Green Company Rating System advocates a performance based approach. The rating system evaluates green features of companies against the following performance parameters:

Parameters Weightage (Points)
Energy Efficiency 150
Water Conservation 100
Renewable Energy 100
GHG Mitigation 100
Waste Management 100
Material Conservation, Recycling and Recyclability 100
Green Supply Chain 100
Product Stewardship 75
Life Cycle Assessment 75
Green Building features, Biodiversity & Innovation 100
Overall Rating 1000

Applicability of GreenCo Rating

GreenCo rating is applicable to both manufacturing facilities and service sector units. The rating is implemented at unit or facility level. The unit or facility has to be in operation for a minimum period of 3 years. In case of new plants/ facilities minimum 2 years operation is required.

Scope of Activities in GreenCo Rating

GreenCo rating is a unit or facility level rating. The boundary condition for GreenCo assessment & certification will be the unit or facility applying for the rating.

Period of validity of GreenCo Rating: 3 years from award of Rating

S.No. Activity No of tentative visits No of tentative days Tentative CII Staff / External experts
1. Training program on GreenCo Rating 01 02 02
2. Handholding visits or Pre- assessment visits* 01 to 02 01 01
3. Final assessment and site visit** 01 02 to 03 03 to 04
4. Certification and Award of GreenCo Rating by CII - - -
5. Report on opportunities for improvement / Feedback report by CII - - -

* No of Handholding/ Pre-assessment visits shall vary with the size of the company and nature of operations
**No of Days required for final assessment and site visit for GreenCo certification shall vary with the size of the unit and nature of operations

Completion period: The activities 1 to 6 has to be completed in a period of 6 months from the date of acceptance. The completion of the rating exercise will also depend upon the speed of data/document submission by the plant. The company and CII upon mutual agreement has the right to extend the completion period.