Page 57 - SAMENA Trends - February 2020

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

cut emissions. Given that supply chain major companies working with CDP have energy solutions and adopting clean/
emissions are on average 5.5 times as high potential to cut a gigaton of emissions green technologies. Since April 2015, Tech
as a company’s operational emissions, by driving their suppliers to increase their Mahindra has achieved nearly US$2.3
this couldn’t be more crucial. If we are to average proportion of renewable power million cost savings by deploying solar
achieve the goals of the Paris Agreement by 20 percentage points. The full list of power, and leveraged cost savings worth
and decarbonize the economy, then other 159 companies to achieve a place on the nearly a quarter of a million dollars by
companies learning from these leaders CDP Supplier Engagement Leaderboard installing energy efficient equipment. Tech
and engaging their suppliers is going is available at: https://www.cdp.net/en/ Mahindra has also saved 23.7 million units
to be vital”. The Supplier Engagement research/global-reports/changing-the- of grid electricity in 2018-19. In addition,
Leaderboard is available on CDP’s chain?#supplier-engagement their Business Continuity Planning
website. It follows on from CDP’s most Tech Mahindra has effectively integrated (BCP) exercise continually monitors risk
recent supply chain report, Changing the climate change in its Enterprise Risk assessment and mitigation measures,
Chain, which showed the vast potential Management Framework. This helped which cover their key functions, projects
for driving climate action at scale in identify fuel and energy tax risk which and systems.
the supply chain. The report found that were addressed by using low emissions

Telangana Government and Tech Mahindra Collaborate to Launch ‘Block-
chain District Accelerator Program’

Tech Mahindra, a leading provider of of the overall industry. Jayesh Ranjan, running the T-Block Accelerator and
digital transformation, IT and business Principal Secretary ITE&C Department, building the public blockchain ecosystem
re-engineering services and solutions Government of Telangana, said, “The in India.” Raghu Mohan, CEO, IBC Media,
announced today the launch of the state of Telangana is committed to its mentioned, “We are very excited to partner
T- Block Accelerator, the inaugural vision of positioning Hyderabad as one with Tech Mahindra and run the T-Block
accelerator program for the Telangana of the leading Blockchain cities of the Accelerator program for the Telangana
Blockchain District in partnership with world. We are happy to set in motion the Blockchain District. As a company driven
Government of Telangana and IBC Media, first edition of the T-Block Accelerator by the potential of emerging technologies,
an innovation management company. program. This accelerator will be a torch- sustainable growth and the entrepreneurial
The launch event was organized at Tech bearer to multiple future blockchain spirit, we, at IBC Media, strongly resonate
Mahindra Infocity Campus in Hyderabad accelerators in the country and we are with the vision of the Telangana
and was well represented by government excited to partner with Tech Mahindra government to foster innovation in India
dignitaries, blockchain startups, to identify and promote innovative and are excited for the possibilities. On
educational institutes and members from blockchain-based solutions to solve real- behalf of the startup fraternity of India, I
the developer community. The event was world problems.” Through this initiative, am proud that an Indian State Government
graced by several dignitaries from the Tech Mahindra, will enable creation of an has taken such a progressive step”. The
government including Hon’ble Shri Jayesh ecosystem which will empower startups to registrations for the T-Block Accelerator
Ranjan (Principal Secretary of Industries solve tough business problems for clients will be open from February 3, 2020
& Commerce and IT Dept, Telangana across diverse industry verticals. The with a one-week boot camp, followed
Government), Hon’ble Smt Rama Devi Telangana Government will help provide by a four-week-long intensive training
(Officer on Special Duty (OSD), ITE&C the required regulatory framework to programme. Participating startups
Department, Government of Telangana) enable and promote Blockchain growth. will receive mentorship and guidance
and other leading senior corporate Rajesh Dhuddu, Global Practice Leader, from leading experts in the startup and
executives from the industry. The launch Blockchain, Tech Mahindra, said, “As blockchain space. The programme
of T-Block is a step in continuation of partof our TechMNxt charter, we at Tech includes workshops, presentations,
Telangana Government’s endeavor to Mahindra have been bullish in our efforts discussions, and assignments designed
make Telangana as the ‘Blockchain to expand blockchain adoption in India to impart the practical knowledge required
Capital of the World’. A Memorandum of and globally. Our partnership with the state to build relevant blockchain products with
Understanding (MoU) had been signed government for the Telangana Blockchain real-world applications. If you have an
between the Government of Telangana District stems from our desire to build interesting Blockchain Use case and want
and Tech Mahindra to this effect in 2018. a world-class support infrastructure for to join the T-Block accelerator Program,
This initiative is aimed at startups that blockchain startups and make Hyderabad visit - http://blockchaindistrict.telangana.
have a strong blockchain use-case; a destination of choice among several gov.in/tblock
thereby accelerating the start-up growth new-age entrepreneurs and blockchain
and therein contributing to the growth evangelists. We look forward to successfully

57 FEBRUARY 2020