- Regional Category Manager – Indirect Procurement
- At Business Area Procurement
- Works in India
- At AkzoNobel since 2012
"The rooftop solar energy project endorses AkzoNobel’s vision on sustainability and delivers financial savings in a sustainable way."
The rooftop solar energy project endorses AkzoNobel’s vision on sustainability and delivers financial savings in a sustainable way.
A self-described go-getter, Binod doesn’t try to do it alone. He’s made a point of connecting people across different functions, locations and priorities – and suppliers – in the search for sustainable procurement solutions.
Working out of our Gurgaon, India office, he keeps his eye on the company’s strategy and goal to achieve 15% return on sales by 2020. And he’s always on the lookout to contribute more towards AkzoNobel’s transformation journey.
One of the major projects Binod is working on is solar rooftop installations across multiple sites in India, Australia, Thailand, Malaysia and upcoming sites in Vietnam, Indonesia and Singapore. With this project, he aims to reduce fixed manufacturing costs and provide efficient and sustainable energy in South Asia.
It sounds like a great idea. But the details are just as impressive. Projected benefits for the project in Malaysia and Thailand represent €60,000 in annual savings, as well as reducing emissions of CO2 by 1,600 tons with zero investment from AkzoNobel.
The key to the project is supplier collaboration. The supplier installs rooftop solar panels at AkzoNobel manufacturing sites at their own investment through capital expenses and ongoing operational expenses on plant maintenance. The solar energy generated is then sold to AkzoNobel at approximately 30% discounted tariff against grid power, under a 15 to 25-year Power Purchase Agreement (PPA).
Once rolled out across all the sites Binod has planned, the result will be consistent annual energy savings of approximately €150,000 over the next 25 years.
Part of AkzoNobel’s evolving story
“The rooftop solar energy project endorses AkzoNobel’s vision on sustainability and delivers financial savings in a sustainable way,” says Binod. “I’m personally very proud of AkzoNobel’s rich legacy going back more than 200 years. We have many renowned international brands, including International, Sikkens and Dulux, as well as clientele spanning across many industries.”
He continues: “AkzoNobel is a great company with a world class product line. But I see opportunities to be more consistent with our market strategy and find new ways to reward customer loyalty.”
It’s already been a rewarding career with AkzoNobel. Binod has single-handedly managed the indirect procurement for India and delivered many regional projects in South Asia. But being solution-oriented, he’s always ready to learn new tricks or take on additional responsibilities. “Now I’m looking for growth opportunities as a people manager, and exposure to raw material procurement,” he says.
We see he’s already thinking ahead towards his next ambitious project!