Green Standard

Green Standards are the standards those establish requirements of sustainable business for corporate entities, organizations and Institutions. Green Standard encourages the organizations to deliver green product and services leading to sustainable business irrespective of nature, geographical location, type and size of organizations. Sustainable business, or Green business, is enterprise that has no negative impact on the global or local environment, community, society, or economy.
At the initiative of World Summit on Sustainable Development, in 2002 the round table was organized by the United Nations Global Compact, in cooperation with the United Nations Conference on Trade and Development (UNCTAD), the United Nations Environment Programme (UNEP) and other United Nations agencies. At the round table, Sir Mark Moody-Stuart, Chairman of Business Action for Sustainable Development, presented a plan that would commit partners to identify, over the next year, business opportunities in specific least developed countries that would be sustainable and designed in ways to help to grow large, small and medium-sized enterprises. The companies represented at the meeting are participants in the Global Compact, a corporate citizenship initiative launched by Secretary-General in July 2000. The Global Compact asks companies to support nine principles in the areas of human rights, labour standards and the environment.</div>
This meeting laid down foundation for the principals of Green standards. Green Standards are developed based upon the Agenda 21 Plan which was originally endorsed by 182 heads of state at the Rio Earth Summit of 1992 and provided a set of principles for local, state, national and international action on sustainable development. This resulted for business developments Towards Sustainable Development, which listed an action plan for a number of overall objectives for the industry.

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