Consider the following statements with respect to GreenCo Rating system:1. It is developed by Confederation of Indian Industry (CII).2. It aims to facilitate companies to make a substantial improvement in their environmental performance thereby saving both natural and financial resources.Which of the following codes below given is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

About GreenCo Rating:

GreenCo Rating has been developed by the Confederation of Indian Industry (CII).
Its aim is to facilitate companies to make a substantial improvement in their environmental performance thereby saving both natural and financial resources.
Under this,companies are evaluated on major environmental areas including- energy efficiency, renewable energy, water conservation, waste management, resource conservation, green supply chain and life cycle assessment.
Recently GreenCo Rating has been acknowledged in India’s Intended Nationally Determined Contribution (INDC) document submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in 2015.

Source: ForumIAS