You launched Treeni to align your passion for sustainability and solve some grand challenges of our generation. Can you highlight some of these challenges?
When I started Treeni I had a deep desire to align my passion with a purpose. I think for my generation to expect unlimited growth without recognising that growth is tied to a limited set of natural resources, is not fair. This mindset is not fair. We really need to cut down global warming in the next 10 years. Other challenges would be social issues. Sustainability is tied to social issues. Leadership and governance are going to play a crucial role in managing these issues. Our aim is to build technology solutions in India that can be deployed anywhere in the world. This is our business model. I also believe that without data and the ability to measure what you are doing, you cannot really make a difference. So, our aim is to give large global companies the ability to baseline their sustainability data.
Can you tell us a bit about resustainTM Idea by Treeni?
There are two ways of looking at this platform. At core level it is a data transformation platform. It automates the data collection process and analyses it to make better decisions. resustainTM can improve performances and achieve goals. It is most beneficial for ESG risks and assessment and CSR as it works as a functional model to determine where companies stand for the stakeholders. It also works with supply chain management and EHS. We want to give large companies visibility to understand what and how they are doing.
How can sustainability help automation businesses stay relevant in the future? Is 2022 the time to align investments with our environmental priorities?
Industrial automation is the core of everything. Green buildings, digital twins, etc are reducing manual efforts, reducing costs and creating different jobs. It is tremendously improving thing for us. But we need to pay attention to energy consumption. We also need to think about climate change. From that perspective, yes, there are huge implications on sustainability. For automation to stay relevant in the future, we need to practice sustainability.
2022 is when we should invest in our environmental priorities. With COP26, especially Article 6, carbon market mechanisms are changing, driving companies to do the right thigs. This is the decade everything comes together.
What are your views on driving the sustainability agenda in industrial automation?
Industrial automation has so many components like investors, employees, and stakeholders. Everything has an impact on sustainability. Automation can create energy efficiency as well. We as a nation with big plans and good government initiatives, it is all about connecting the dots, eliminating carbon, reducing emissions, and measuring our efforts to drive sustainability in industrial automation.