A leading Indian conglomerate, with a diverse portfolio, has emerged as a trailblazer in embedding ESG principles into its operations.
The aviation division of the company has transitioned all its in-house vehicles from diesel to electric at each of its operational site. This measure has helped the group in lowering its operational emissions by an impressive 44%. The company has imposed stricter limit on itself for surface water consumption at its thermal power plants. It has opted for 2.5 m3/MWh, against the mandated regulatory limit of 3.5 m3/MWh. These green steps, coupled with the use supercritical technologies instead of conventional technologies, have helped in fuel saving of nearly 2% per unit. In addition, the conglomerate was able to reduce its total GHG emissions to 47.54 million tCO2e in 2021-22 from 58.49 million tCO2e in FY 2019-20.
The company’s ESG steps have started getting recognition. Seven of its operational sites have been certified as 'Single-Use Plastic-Free' (SuPF) by the Confederation of Indian Industry (CII) certified seven of their operational sites as 'Single-Use Plastic-Free' (SuPF)
The company is gradually increasing its dependence on green fuels. It now contracts only CNG-run LCVs for its gas division. The conglomerate’s port division has procured 75 solar power supported electric Industrial Transfer Vehicles (e-ITVs) for two of its ports. At one of these two ports, 700,000 units of power are generated every year by a 550 KWp-rooftop solar system. With an overall 18% share of renewable share in its energy usage, the Indian conglomerate’s electric power transmission division has successfully lowered its specific carbon emissions by 10% in comparison to 2020-21. Apart from environment conservation, renewable energy usage is reducing the power costs too.
These achievements and recognition have given the company renewed energy to pursue its green dream.