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Container Corporation of India LimitedUpdates, 07-03-2025: Press Release

07-03-2025 | 06:22 pm

Container Corporation of India Ltd. (CONCOR) has signed a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI) to establish a Centre of Excellence for Green & Sustainable Logistics. This collaboration aims to enhance research and policy development in sustainable logistics, particularly focusing on rail transportation, terminal operations, and greening built infrastructure. CONCOR highlighted its ongoing sustainability initiatives, including deploying LNG trailers and plans to construct a net-zero warehouse, reinforcing its commitment to environmentally responsible logistics.

The agreement outlines strategies for innovative green logistics solutions, tools for promoting sustainability in warehousing, and opportunities for commercialization. It also seeks to drive research benefiting stakeholders, aligning with India's National Logistics Policy to reduce logistics costs from 14% to 8%. This partnership marks a significant step for CONCOR in adhering to best ESG practices while paving the way for advancements in sustainable logistics.

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