Indian Institute of Management (IIM), Lucknow has released a comprehensive environmental sustainability report, shedding light on resource footprints and greenhouse gas (GHG) emissions across its Lucknow and Noida campuses.
The assessment undertaken for 2023 as the baseline will serve as a fulcrum to identify avenues to curtail its ecological footprint.
According to the Institute, the report also showed its commitment to integrating sustainability in theory and practice when it came to imparting an environmentally and socially conscious learning process by a reputed Indian B-School.
The report was prepared by The Energy and Resources Institute (TERI), and the institute’s project was spearheaded by Prof Kaushik Ranjan Bandyopadhyay and Prof Dipti Gupta at the Centre for Business Sustainability (CBS), a Centre of Excellence at IIM Lucknow.
The assessment employed a mixed-method approach, amalgamating qualitative and quantitative data analysis based on questionnaire-based surveys, insights from secondary literature, and comprehensive onsite assessments.
The assessment’s scope spanned a wide arena including estimation of energy consumption and GHG emissions; inventorization of carbon sink to assess the carbon sequestration potential; GHG emission avoided through renewable energy usage; solid waste generation and utilization; water consumption; taking stock of conservation initiatives through groundwater recharge and wastewater treatment; paper consumption; and biodiversity assessment.
Prof Bandyopadhyay said the Institute has taken a critical step to chart out a path to internalise the concerns of sustainability in a holistic manner, and shows its commitment to a Net Zero future, which only a handful of higher education institutions in the world has been able to demonstrate so far.
The first-of-its-kind comprehensive environmental sustainability report brought out by IIM Lucknow sets the stage for implementing targeted initiatives to reduce environmental impact as the institute progressively envisions itself towards a sustainable and net zero future.