Climate Change Data

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Net-Zero emissions
• Carbon Border Adjustment Mechanism (CBAM) compliance
• Environmental, Social, and Governance (ESG) standards

Environmental Achievements

• 80% of SHPV powered by solar energy, aiming for 100%
• Near total capacity manufacturing operations reflecting readiness to meet increasing demands for sustainable solutions

Social Achievements

• 33% women workforce at SHPV, soon to be 50%
• Employer of choice by creating a value-driven work culture
• Various social welfare activities to enhance internal team-building cohesion

Governance Achievements

• Upholding integrity, ethics and accountability at the highest level
• Maintaining a mutually beneficial long-term relationship with stakeholders

Climate Goals & Targets

Environmental Challenges

• Policy uncertainties and lack of long-term vision in the Indian solar industry
• Geopolitical tensions and trade disputes causing supply chain disruptions
• Grid integration issues
• Land acquisition and permit procurement challenges

Mitigation Strategies

• Diligent monitoring of domestic and international market dynamics
• Proactive engagement of leadership team to mitigate potential risks
• Establishment of a Risk Management Committee

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Wind Solar Hybrid with BESS
• HMI based SCB/String monitoring
• Multimode Grid farming bi-directional battery inverter

Awards & Recognition

• National Awards for Excellence - Manufacturer of the Year 2023
• Soft Disk Solar Awards 2023 (multiple awards)
• Global Manufacturing Leadership Awards 2023 - Top Manufacturing Company