Climate Change Data

Power Mech Projects Limited

Climate Impact & Sustainability Data (2022-23, 2023-24)

Reporting Period: 2022-23

Environmental Metrics

ESG Focus Areas

  • Health, Safety, and Environment
  • Corporate Social Responsibility

Environmental Achievements

  • Pursuing a policy of avoiding plastic materials at sites.
  • Encouraging planting of saplings and nurturing them with care.

Social Achievements

  • Providing free medical aid and essential medicines during periodical health camps at sites.
  • Providing protected drinking water and better sanitation in labor colonies.
  • Covering all workers under comprehensive insurance.

Governance Achievements

  • Established a strong organization base to cover proper manning and positioning of domain experts.
  • Robust review mechanism is established right from the tendering stage to identify the project and contract risks.

Climate Goals & Targets

Environmental Challenges

  • Implementing Safety norms become a challenge due to multiple agencies and high density of operation.
  • Cost escalations of customer defaults.
Mitigation Strategies
  • Giving due consideration right from planning and procurement of safety equipment to execution at sites.
  • Properly hedged during the award stage or the same will also become part of contractual variations during execution.
  • Cost to complete (CTC) workings are continuously updated to control project costs.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023-24

Environmental Metrics

Total Energy Consumption:2376316.71 MJ
Water Consumption:9107.77 kilolitres

ESG Focus Areas

  • Energy Management
  • Water & Waste Management
  • Waste & Hazardous Materials Management
  • Product Quality & Safety
  • Employee Health & Safety
  • Product Design & Life-cycle Management

Environmental Achievements

  • Planting saplings in site vicinity
  • Near-total avoidance of plastic materials at sites
  • Aggressive policy of limiting and clearing waste for safe disposal
  • Collection and recycling of scraps

Social Achievements

  • Building cordial social engineering amongst locals
  • Involvement of local people in programs
  • Taking care of nearby schools and hospitals
  • Frequent visits by management staff to extend help

Governance Achievements

  • Establishment of a robust health and safety system, achieving ISO 45001 and ISO 14001 certifications

Climate Goals & Targets

Medium-term Goals:
  • Increasing Women representation within the Company to 3% by 2030

Environmental Challenges

  • Energy management risks (operational inefficiency, environmental degradation, cost escalation)
  • Water & Waste Management risks (water scarcity, pollution, regulatory non-compliance, reputational damage)
  • Waste & Hazardous Materials Management risks (pollution, health and safety hazards, regulatory non-compliance, reputational damage)
  • Employee Health & Safety risks (accidents, injuries, occupational health hazards)
Mitigation Strategies
  • Investing in energy-efficient technologies, implementing Energy Management Systems (EMS), employee training, integrating renewable energy sources
  • Adopting water conservation measures, efficient waste management practices, wastewater treatment systems, proper waste disposal
  • Implementing stringent waste management protocols, hazardous materials handling procedures, investing in waste treatment technologies
  • Implementing robust safety protocols, providing regular training, conducting risk assessments, ensuring compliance with regulations, investing in PPE and emergency response plans

Supply Chain Management

Responsible Procurement
  • Due diligence on suppliers
  • Sustainable sourcing procedures

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI Guidelines for Business Responsibility and Sustainability Reporting (BRSR)

Certifications: ISO 9001:2015, OHSAS 18001:2007, ISO 14001:2015, ISO 45001

Third-party Assurance: None