Page 121 - Vaculug Sustainable Report 2022

ABSTRACT
In 2023, vaculug was europe’s largest independent retreading enterprise. serial entrepreneur haarjeev kandhari acquired
the business in 2018, and under his leadership as chairman, the company started a new
and exciting journey.
Apurpose-driven leader, Haarjeev’s decision to acquire the business was driven by a single goal and mission:
grow the size and profitability of the business to support the important work of the Zenises Foundation, the charity he established long before. The focus of the Foundation was to provide education and food security to people and communities in need.
In 2022, Haarjeev began transitioning Vaculug towards sustainability. He knew the path forward wouldn’t be easy, however, as it was a complex time for SMEs who were facing immense economic pressures. Given the challenges, many questions lingered in Haarjeev’s mind about the best way forward for the company, with the most pressing question being:
Was this the right time to pursue the company’s journey of sustainable transformation?
This case is for educational purposes and
is not intended to illustrate either effective or ineffective management of an organisational situation. The situations and circumstances described may have been dramatized or modified for instructional purposes and may not accurately reflect actual events.
Copyright © 2023 The Authors. All rights reserved. No part of this case study may be reproduced, stored in a retrieval system, or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without written permission of UCL School of Management.
AUTHORS
PROFESSOR
PAOLO TATICCHI, OMRI.
Professor & school deputy director.
BIOGRAPHY
Paolo Taticchi is Professor in Strategy and Sustainability & School Deputy Director (MBA, Global Engagement, Executive Education) at UCL School of Management.
Highly active in executive education, Paolo has trained thousands of managers and executives of Fortune Global 500 companies; and is a sought- after speaker regularly invited to give keynote talks at world-class academic, governmental and industry events.
Paolo’s research on corporate sustainability and performance measurement is internationally recognized. Paolo’s latest books include “Corporate Sustainability in Practice”, which was published in January 2021, and “Sustainable Transformation Strategy”, published in June 2023.
Outside of the academy, Paolo has significant consultancy experience in the fields of strategy, education, and sustainability. He has worked in this capacity for firms of various sizes, and in a range of different industries. Today, he advises (or serves in the advisory board) influential organizations and is one of the scientific advisors of the Ministry for the Ecological Transition in Italy.
He has received numerous awards for the impact of his work. His projects, quotes and opinions have been featured over 350 times in international media outlets. In 2021, Paolo was indicated by Italian’s leading business daily Sole 24 Ore as the most influential Italian under the age of 40.
CONTACT
UCL School of Management Level 38, One Canada Square, London E14 5AA
E: p.taticchi@ucl.ac.uk
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