Mjunction launches environment friendly purchase solution

Business Standard , Thursday, April 22, 2010
Correspondent :
In an age where most companies are eyeing a reduction in supply costs and improvement in public perception, mjunction today announced the implementation of greesourcing- an online ‘environmentally conscious’ purchase solution in Kolkata.

The move is targeted at companies across diverse industries that have recognised sustainable development through optimum resource utilisation as the objective.

The launch is significant in terms India’s commitment to reduce emission by 24 per cent by 2020 made at the Copenhagen Summit in December last year.

Viresh Oberoi, managing director, mjunction Services, said, “Our planet is heading towards a mercurial climate change which threatens grave consequences if we do not respond immediately. Business entities need progressive initiatives to propel a greener system into their practices. Natural resources constitute the backbone for all industries and sustaining our ecological reserves is crucial for sustainability of businesses. Green Sourcing is an emerging strategic business imperative. It offers a smart solution for industries to reap rich dividends while conserving natural resources.”

In the past, mjunction had taken initiaves for a green supply chain such as the the online procurement of goods and services of over Rs 10,500 crore through online sourcing services.

 
SOURCE : http://www.business-standard.com/article/economy-policy/mjunction-launches-environment-friendly-purchase-solution-110042200026_1.html
 


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