New Delhi, Apr 3, 2025: Palladium India has been honored with the prestigious ‘Net Zero Initiative of the Year’ award at the Water Digest World Water Awards 2024-25, an esteemed platform that highlights outstanding contributions to water sustainability. The award, conferred in partnership with UNESCO and supported by the Ministry of Jal Shakti and the Ministry of Housing and Urban Affairs (MoHUA), recognizes Palladium’s continuous efforts to lead sustainable practices across multiple sectors.
This recognition reflects Palladium’s dedication to embracing Net Zero and sustainability as key components across diverse sectors and projects which the impact organization leads. For instance, Palladium’s transformative impact in Pimpri Chinchwad in collaboration with Pimpri Chinchwad Municipal Corporation stands as a testament to how urban centers can embed sustainability into their fabric. By raising ₹200 crore through Municipal Bonds for river rejuvenation and developing a robust flood mitigation strategy for the Pawana River, Palladium supported PCMC in laying the groundwork for lasting change.
Additionally, the impact organization has been instrumental in building local capacities, facilitating training for more than 150 government officers in collaboration with Japanese experts on disaster response. Through its climate budgeting efforts, Palladium is working toward a 27% reduction in greenhouse gas emissions by 2030, while also playing a key role in establishing electric mobility initiatives, ensuring that 30% of the city’s transport fleet is now electric. These initiatives, coupled with the development of a Heat Action Plan and air quality monitoring systems, further solidify Palladium’s role as a leader in urban sustainability.
The award was presented by Raj Bhushan Choudhary, Minister of State, Ministry of Jal Shakti, and was received by Anoop Phanse, Associate Director, Palladium India, at a grand ceremony attended by industry leaders and policymakers.
Palladium’s work in Thane in collaboration with Thane Municipal Corporation also highlights its commitment to water management and efficiency. Through this collaboration Palladium India facilitated installation of 105,000 Smart Water Meters in Thane, which in result successfully reduced water wastage by 15%, making Thane’s water footprint more sustainable and helping the city reach its Net Zero goals.
In addition to water efficiency, Palladium is actively working to enhance climate and disaster resilience in collaboration with the Government of Maharashtra. The organization developed a Landslide Management Plan, prioritizing 483 high-risk villages and also created India’s first Fort-Specific Disaster Management Plan for Panhala Fort, showcasing its unique approach to heritage preservation and disaster readiness. The Konkan Coastal Disaster Mitigation Project is another of Palladium’s key initiatives designed to reduce loss of life and property, especially in the face of increasingly frequent natural calamities.
In the transport sector, Palladium has partnered with the Odisha State Road Transport Corporation to achieve 15 million tons of annual emissions reductions. By adopting BS-VI emission standards and shifting the state’s public transport fleet from fossil fuels to cleaner energy alternatives, OSRTC is today driving India’s transition toward sustainable mobility.
Amit Patjoshi, CEO of Palladium India, said, “This recognition is not just an award; it’s a reflection of our team’s tireless dedication to integrating sustainability into every facet of our work. Palladium India is dedicated to driving sustainability and supporting its clients in achieving their Net Zero and sustainability objectives across diverse sectors. As an impact consulting and implementation organization, we work closely with government organizations, municipalities, and private sector partners to deliver impactful solutions that support environmental and social progress.”
Anoop Phanse, Associate Director, Palladium India, said, “Winning this award is a proud moment for all of us. It validates the deep-rooted commitment we have to driving change in every project, creating a lasting impact not only through our operations but also in the wider sustainability landscape.”
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