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About
10th BMO Award

The Responsible Business Membership Organisation (BMO) Awards—an FMC initiative stands as India's first and only recognition platform for BMOs that demonstrate excellence in driving social impact and environmental responsibility within the MSME sector. Since its inception in 2015, the BMO Awards have celebrated BMOs that go beyond traditional representation and actively support their member enterprises in building cleaner, greener, digitally empowered and responsible businesses. The initiative has seen more than 1200 BMOs participate across nine editions, with around 200 BMOs participating each year in categories such as innovation, social impact and environmental responsibility.

This tenth edition recognises the essence of digitalising the MSME ecosystem and would endeavour to simplify the same for growth and impact, under the theme "Digitally Empowered and Sustainable MSMEs." Digital growth is nothing but a conscious push to bridge the technology divide across the enterprise value chain from onboarding to scaling up. BMOs will continue to be recognised across the three existing categories—Environment, Social and Digital Impact—where participating BMOs will stand to gain, not only with knowledge but also potential access to digital tools and FinTech solutions for their members. Marking a decade of the BMO Awards, this edition will also introduce a special 10th Anniversary Award, honouring a BMO for its sustained and outstanding contribution to the movement over the years. This will broaden the participation of BMOs and will deepen sectoral relevance of the award event, aiming to bridge the gap between MSMEs, BMOs and Technology/Financial Institutions that offer digital and sustainable solutions.

Tablet Data Analysis
BACKGROUND

India has an estimated 64 million MSMEs, 99 per cent of them being micro enterprises. A significant proportion of these enterprises are represented industry associations and chambers of commerce. also called Business Membership Organizations (BMOs). BMOs provide a variety of business-related services to promote the competitiveness of their members as well as non-members.

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Over the years, BMOs are also playing an important role in promoting responsible business among MSMEs, thereby helping India achieve her COP 26 target of (a) reduction of carbon intensity (emission intensity of GDP) by 45 per cent from the 2005 levels by 2030, (b) achieving Net Zero by 2070, (c) increase forest cover that will absorb 2.5 to 3 billion tons of CO2e by 2030 and (d) adopt a “Lifestyle for Environment (LiFE)” – a lifestyle that does not harm our planet.

 

Industry contributes a good 20 percent of the 4 billion tonnes of Co2e emission in India. Textiles and apparels companies constitute 42 percent of Indian MSMEs. This Award is therefore targeting BMOs who have textiles, apparels or their value chain partners (manufacturers, serviced providers and traders) as their members.

 

PROMOTING

Green Environment

PROMOTING

Social Issues

PROMOTING

Innovative Responsible Business Practices

Anchor 1
OBJECTIVES OF THE AWARD
  • Encourage BMOs to promote responsible business

  • Encourage BMOs to promote sustainability linked national and global agendas

  • Encourage BMOs to come up with innovative sustainability tools

  • Inspire MSMEs to adopt different sustainability tools

  • Disseminate nationally and globally the good work done by Indian BMOs in promoting responsible business

  • Provide a platform  to promote to share their ideas with policy makers.

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