GENERAL

The World Environment Foundation (WEF) in association with Institute of Directors,
has great pleasure in inviting applications for the ‘Golden Peacock Eco-Innovation Award.’

Innovation is going to be the key for business success in the new millennium. According to Dr. Madhav Mehra, President,
World Environment Foundation, ‘Innovation’ is to ‘knowledge economy’ what ‘efficiency’ was to ‘industrial age’. He says “Wealth
in the new century is not going to be created by optimisation but by innovation. Most of products that we use today have
already reached a stage of maturity and 90% of these will disappear in the first 10 years of the 21st Century. Our cars,
houses, clothes, TVs, Computers, phones and even food are going to be changed in ways we cannot even imagine today. All this
is grist to innovator’s mill. Innovation will be the key competitive differentiator in the 21st Century.”

Internet has created a Cambrian explosion of unlimited opportunity. Innovative products /services powered by computers, microchips
and using the convergence technologies of mobile phones, e-mail and internet will bring a revolutionary change in our life style
and in the world economy. The need is to constantly produce innovative products and services to satisfy even the unexpressed wishes
and unarticulated needs.

CRITERIA

We at WEF believe that innovation is the only way to provide environmentally friendly products and services that will help us achieve “factor 10” improvements that are necessary to maintain the same quality of life in the new century. It has therefore instituted a special award called ‘Golden Peacock Eco-Innovation Award’. This award will be given to a product or service, which shows a quantum jump in the exploitation of current technology to achieve maximum customer satisfaction at minimum cost. While calling for more sustainable pattern of production and consumption, it motivates to carry on their pursuit of excellence. The Award is designed to encourage systemic innovation in organisation to make products and services required in the new century.

THE AWARD

The ‘Golden Peacock Eco-Innovation Award’ named after India’s national bird the “Peacock” will be awarded every year to the most innovative product as determined by the satisfaction of customer’s long term needs and aspirations in a most cost-effective manner, which is consistent with the society’s goal of sustainable development.

• Each award winner would receive a Trophy together with a Certificate.

• The winners may use the “Golden Peacock Eco-Innovation Award” logo on their

stationery and other printed and promotional materials for a period of 3 years.

The award would not only spark creativity and innovation throughout your enterprise but also is the surest route to your market leadership by helping you to thrive from the change and market uncertainity.

Eligibility

Products and services introduced in India by Government/Public/ Private Sectors, (covering research, manufacturing and services sectors e.g) Research Organisations, NGO, Hospitals and Educational Institutions during the last financial year are eligible for the Award.

Categories

The Golden Peacock Eco-Innovation Award would be considered separately for the following categories of products / services:-

1. Telecommunication / IT Sector

2. Education & Training Sector

3. Pharmaceutical and Health Care

4. Food, Beverages and Agriculture Sector

5. Automobile Sector

6. Energy Sector (Incl renewables)

7. Chemical & Fertilizer Sector

8. Oil & Petroleum Sector

9. Coal/Mining and Steel Sector

10. Non-Ferrous Metallurgy Sector

11. FMCG & Consumer Appliances Sector

12. Hotel, Travel and Tourism Sector

13. Transportation – Shipping /Aviation

14. Banking Financial and Insurance Sector

15. Entertainment Industry - TV/Film/Music

16. Social Service / NGOs

17. Government Sector

18. Any other Sector, as the jury deems fit.

Rules and Regulations

• Decision of the Awards Jury Council on the recommendations of the Jury is final and no appeal or correspondence will be entertained.

• Awards Committee reserves the right to award more than one organisation as the winner and also to withhold awards, if the required standard is not met.

• Awards Committee accepts no liability for any loss resulting from the disclosure of information concerning an entry to Assessors and Jury members, though all reasonable precautions will be taken to maintain secrecy.

• Awards Committee cannot undertake to return documents or supplementary material submitted with an entry.

• Awards Committee reserves the right to alter the Award Scheme, at any time.

• Finalist Award applicants may also be invited to make a brief presentation to the Jury and/or one of the assessor may be nominated to confirm or clarify certain facts at site.

Non - Disclosure and Confidentiality:-

Names of applicants, commentary and scoring information developed during the review of applications are regarded as proprietary by Golden Peacock Award Secretariat and are kept confidential. Such information is available only to inpiduals directly involved in the assessment and administrative process.

Golden Peacock Awards Secretariat will take all reasonable precautions to ensure that applications and information therein are treated in strict confidence. However, in no way can Golden Peacock Awards Secretariat be held responsible for any loss of confidentiality to a third party.

Golden Peacock Award Secretariat reserves the right, prior or subsequent to the Award Presentation to publish salient details and methodology of the Eco-Innovative Product/ Service of the Award Winners, as a step towards sharing of knowledge; and to encourage other organisations to undertake similar innovative measures in the natiional interest.

Fees: Rs. 39,500/-

[The Local Cheque / Demand Draft should be drawn in favour of ‘World Environment Foundation’, payable at New Delhi.]

How to Apply

The application should be submitted hardcopy in duplicate neatly typed (minimum font size 10 pt) only on one side of A-4 size paper in English alongwith a soft copy. Fill in the enclosed application form and attach the required enclosures. Details of each item should be as comprehensive as possible. Whereas the supporting material can be sent, but the reply under different items should ‘no say’, please refer to information in enclosure. All entries should be addressed to the

GOLDEN PEACOCK AWARDS SECRETARIAT
IOD House
M-52 (Market), Greater Kailash-II
New Delhi-110048
INDIA

Tel: +91-11-41636294, 41636717
Fax:+91-11-29217475
Mobile: 00-91- 9811135151

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it , This e-mail address is being protected from spambots. You need JavaScript enabled to view it

It looks for systemic Eco- Innovation for excellence in specific products and services to satisfy even the unexpressed wishes and unarticulated needs of the customer . The awards will be presented under the various sectors. Details are available in the prescribed guidelines and application form.