Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable manufacturing
• Employee well-being
• Community development

Environmental Achievements

• Commissioned a 700 kW rooftop solar plant at the AMTC plant.
• Implemented waste heat recovery systems and comprehensive recycling and reuse systems at the AMTC plant.
• Constructed a green building with rainwater harvesting and effluent and waste treatment plants at the AMTC plant.

Social Achievements

• Created direct employment opportunities for over 500 people and indirect employment for even a greater number at the AMTC plant.
• Undertook structured skill development initiatives among fresh graduate trainees.
• Initiated a number of in-house and external training programs with a substantial focus on building manufacturing excellence.

Governance Achievements

• Continued to maintain an appropriate mix of executive and independent directors on the board.
• Established a vigil mechanism and whistleblower policy.
• Continued to comply with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Global economic slowdown and weakened global economic growth.
• Increased policy uncertainty and trade tensions between major economies.
• Slowdown in government consumption and investment.

Mitigation Strategies

• Disciplined growth strategy and focus on technology and innovation.
• Strategic investments in technologies to ensure long-term competitiveness.
• Implementation of organizational change and manufacturing excellence programs.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• RapidCast™
• PrintCast™
• forgeCast™
• Powderforge™
• TiCast™

Awards & Recognition

• CII Industrial Innovation Awards 2018
• National Award for R&D Efforts in the Industry

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Construction of the AMTC Plant, a green building with rooftop solar plant, rainwater harvesting, and advanced effluent and waste treatment systems.
• Minimized waste generation through recycling and reuse systems.
• Optimized water usage and reduced consumption through various measures.
• Integrated on-grid solar power plants and energy-efficient systems to optimize energy usage.

Social Achievements

• Skill Development Program for local youth.
• Introduction of the “Abhilasha - PTC Employees Stock Option Scheme 2019”
• Multifaceted social initiatives strengthening client relationships and fostering partnerships with supply chain stakeholders.

Governance Achievements

• Robust governance framework ensuring transparency, accountability, and adherence to ethical standards.
• Stringent measures to prevent conflicts of interest and maintain fair competition.
• Regular review and update of governance policies to align with market dynamics and regulatory requirements.

Climate Goals & Targets

Environmental Challenges

• Global market competition
• Economic uncertainty
• Regulatory challenges
• Supply chain disruptions
• Human resource management and skilling

Mitigation Strategies

• Portfolio diversification
• Investment in R&D and advanced technologies
• Robust compliance framework
• Alternative sourcing options and strong supplier relationships
• Comprehensive HR Transformation project

Supply Chain Management

Responsible Procurement

• Collaborative dialogue, transparent communication, and fair practices to nurture enduring partnerships.

Climate-Related Risks & Opportunities

Awards & Recognition

• Raksha Mantri Excellence Award
• UP State Award for Excellence in Exports
• National Award for R&D Efforts in the Industry
• Total Cost Leadership Award by Rolls Royce – Marine
• Special Jury Award at TIME India Awards
• Forbes India ‘Hidden Gems’
• CII Industrial Innovation Awards