Tractors and Farm Equipment Limited (TAFE)
Climate Impact & Sustainability Data (2017-2018)
Reporting Period: 2017-2018
Environmental Metrics
ESG Focus Areas
- Social
- Community Development
- Sustainable Agriculture
Social Achievements
- Launched JFarm Services, a free tractor rental platform in Jharkhand, impacting 65,000 users with 125,000 orders and 300,000 hours of hired farm machinery usage in 20 months.
Climate Goals & Targets
Environmental Challenges
- Low agricultural mechanization in Jharkhand (55% below national average), limited access to farm mechanization for small and marginal farmers (84% of land holdings).
Mitigation Strategies
- Launched JFarm Services to increase access to farm mechanization through a free tractor and equipment rental platform, providing weather forecasts, market prices, and agricultural advisories.
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 1: No Poverty
- SDG 2: Zero Hunger
- SDG 8: Decent Work and Economic Growth
JFarm Services aims to improve the livelihoods of small and marginal farmers by increasing their access to farm mechanization and providing them with valuable agricultural information.