Tuesday 5 August 2014

LRQA Verifies National Stock Exchange Of India ‘Water Footprint’

LRQA has successfully completed an assurance engagement on the roof of the operational water footprint of the National Stock Exchange of India Limited (NSEIL) in Mumbai.

Commissioned by Emergent Ventures India (EVI), Prabodha Acharya and Ketan Deshmukh the LRQA Climate Change Services team in India began checking the water footprint prepared by management, including the green water footprint, footprint of blue water and gray water footprint as defined in the Manual for the Assessment of Water Footprint, published by footprint Network Water.



"The National Stock Exchange of India Ltd has a number of initiatives to use water and energy wisely, to promote sustainable development in the company. NSE recently got its water footprint verified to reiterate its commitment to reduce footprint carbon and water and follow best practices in sustainable development. Corporativos is essential that work to reduce business water footprint and NSE has taken many initiatives to achieve this goal... NSE is very conscious of its social responsibility and verification its water footprint by a credible agency is to contribute to a government mission to promote sustainable development in India Corporations step, "said Mahesh Haldipur, Head - Administration and Local NSEIL.

The verification work included:

      A tour of the site of installation NSEIL Exchange Plaza, Mumbai, and a review of the processes related to the management of water consumption data and records.

      Interviews with key personnel responsible for the management of water consumption data and information, and the preparation of the water footprint.

      Sampling of data sets - as part of the audit trail - and tracing the data back to the aggregate levels for the year 2012-13.

      Checking the water consumption data and information for the financial year 2012-13 includes Water Footprint.

The LRQA verfiers concluded that nothing had come to light to suggest that water consumption data and information presented in the Water Footprint were not materially correct.


However, it is recommended that NSEIL should continue to develop its systems and processes to collect, calculate and report water consumption data, particularly focusing on the implementation of a formal process for monitoring of wastewater discharged into the public sewer system, including QA / QC review; maintaining calibration records of all water meters; and expanding the scope of information to all facilities and buildings under NSEIL control.

"We are very pleased to have successfully verified the Footprint of Water Companies the NSEIL. Water demand and verification assurance is we grow in our market and LRQA is well positioned to further capitalize on this, thanks to the collective expertise of climate change and our service team of sustainability. "Said K Krishna Nair, Director of LRQA Business Center South West Asia.