BT Launches Sustainable Development Index for India

Indian Companies Currently Perform Most Strongly for Long-Term Economic Growth and Most Poorly in Their Management of Water Resources; TATA Group Considered as Top Corporate Leader in Sustainable Development

BT announced today the launch of its “Sustainable Development Index – an assessment of business performance in India”. The SD index has been developed in partnership with GlobeScan, an independent public opinion and stakeholder research company. Through a survey of senior opinion leaders across India the index is a means to measure the performance of business in India in the progression towards sustainable development over time.

The initiative was officially launched by Dr. R. K. Pachauri, Director General, TERI and Allen Ma, President, BT Asia Pacific at a news conference in New Delhi, India.

The SD index report reveals that although Indian companies are taking positive steps towards sustainable development, the overall performance of the corporate sector is disappointing. 46 per cent of India’s opinion leaders surveyed blame a lack of awareness around sustainable development issues as the main cause of inaction. Some 40 per cent of opinion leaders also cited a lack of political will as a major obstacle to making significant progress in this area.

According to the report, this lack of action means India lags behind China, Japan and the European Union when it comes to addressing key issues, such as tackling climate change, corporate governance practices and water resource management.

Interestingly, the country’s largest cities were seen as making the strongest moves to improve sustainable development practices.

Whilst there are negative views around India’s progress, a majority of opinion leaders (57 per cent) feel that companies in India are now more active with regard to sustainable development compared to one year ago.

In fact, the corporate sector is considered to have made significantly stronger progress than either government or the general public.

Allen Ma, President, BT Asia Pacific said: “At BT, we absolutely view sustainability as an international issue and businesses cannot succeed in societies that fail. India is rapidly becoming a global centre for information and communications technology development, and boasts a high economic growth rate. It is vital that this commercial success is matched by a commitment to, and leadership in, corporate responsibility. We are constantly looking at the impact of our core business activities across the spectrum of social, environmental and economic issues. Through the launch of the BT Sustainable Development Index we hope that other organisations in India will do the same.”

The most frequently mentioned corporate leaders in sustainable development in India are: TATA Group (named by 31 per cent of respondents), Reliance (13 per cent) and Infosys (10 per cent).

Nitin Desai, Former United Nations Under-Secretary-General for Economic and Social Affairs and Advisor to BT’s SD Index, said: “There are significant social, environmental and economic challenges facing the world’s second most populous country and India’s transition to sustainable development is in the world’s interest. Given the importance of the issues at stake, there is a clear need for initiatives such as BT’s to help channel corporate sustainability efforts to where they can have the most beneficial impact. We need to be able to carefully monitor where corporate successes are occurring and to learn from them. We also need to reliably know which aspects of sustainable development most urgently require corporate action”.

Notes to editors:

The bar chart below presents the “net ratings” – positive ratings minus negative performance ratings – on each of the 12 areas of sustainability tested in the survey. Opinion leaders regard corporate performance in India to be strongest on ensuring long-term economic growth at 23% compared to the weakest area of on water resources management at -36%.

About the Index

The BT Sustainable Development Index is annual survey of senior opinion leaders and IT employees on the economic, environmental and social performance of Indian business.

A total of 215 senior influential individuals from the academic, corporate, government, media and NGO sectors were interviewed in India. In parallel, IT employees in India completed 1,168 online surveys.

The full BT SD Index report, can be downloaded at: www.bt.com/betterworld/indiaindex.

About BT

BT is one of the world’s leading providers of communications solutions and services operating in 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2008, BT Group plc’s revenue was £20,704 million with profit before taxation and specific items of £2,506 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.

For more information, visit www.bt.com/aboutbt.

Media contact details

Carson Dalton, Head – Corporate Communications,
BT Telecom India Pvt Ltd,
+91 9971079922,
carson.dalton {at} bt(.)com

Sona Endow,
IPAN,
+91 9891944882,
sona.endow {at} ipan(.)com