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Taking Bigger Strides towards a Better and Sustainable Tomorrow

Environmental, Social and Governance (ESG) factors are important for our long term and to all our stakeholders given that our activities have an impact on the society and environment. Starting FY 2022, we have made ESG an important part of our corporate strategy and have also formed an ESG Committee with our Executive-cum-Deputy Managing Director at its helm to ensure appropriate oversight and guidance.

Our Sustainability Agenda

Environmental

  • Responding to the climate change risk
  • Optimizing use of resources
  • Progressing to net-zero and zero liquid discharge
  • Aligning our business to sustainability

Social

People

  • Improve on safety, well-being and engagement parameters

Customers

  • Respond to their evolving needs
  • Meet requirements of quality and responsiveness
  • Enable learning and development to ensure growth
  • Encourage diversity and inclusion

Community

  • Drive the development of communities
  • Identify and meet their needs

Governance

  • Ensure ethical and responsible practices
  • Establish policies and processes to maintain high standards of governance

Our Sustainability Efforts and Contributions to UN SDGs

  • Progressing to low carbon economy by enhancing share of renewable energy and reducing energy consumption through Value Energy Stream Mapping and implementation of Energy Management Programs (EMPs)
  • Effectively using effluent treatment plant and sewage treatment plants to manage waste water
  • Reducing wastes and effectively disposing them
  • Focus on reduce, recycle and reuse of resources
  • Automated operations and implemented best safety practices to reduce workplace incidents
  • Provided training to people on emerging technologies and progressing with THORS as an online learning platform to enable employees understand advanced engineering concepts
  • Maintained sustained engagement with customers through digital platforms and through team visits to deliver on new product development needs
  • Undertaking holistic development in 100 villages covering areas of water availability, livelihood opportunities, enhancing healthcare, promoting education and creating infrastructure
  • Undertaking programs to improve education, skill development, women empowerment and supporting sportsperson
  • No instances of unethical practices or regulatory breaches; maintained our track record of a trusted organization
  • Ensured high standards of governance and accountability; initiated BRSR reporting alongside publishing sustainability reports and integrated annual reports
  • Driving innovation and technology for good - light-weighting of automobiles to make them fuel efficient, developing E-mobility solutions for cleaner transport and Industry 4.0 led innovative technologies to increase plant productivity
  • Implementation of robust cybersecurity practices to ensure protection of customer data and our assets
  • Ensuring job creation and economic growth in our operational regions

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