PTC India Limited (Formerly known as Power Trading Corporation of India Limited)
Climate Impact & Sustainability Data (2021-2022, 2022-23, 2023-2024)
Reporting Period: 2021-2022
Environmental Metrics
ESG Focus Areas
- Sustainable environment
- Empowered community
- Secure Network
- Rewarding Workplace
- Robust Governance
Environmental Achievements
- Reduction in energy intensity
- 569 kW of rooftop solar project installed at more than 12 locations since 2017, including 415 kW at Akshaya Patra Foundation Kitchens
- 24×7 Solar based community Water ATM, Yelgi, Karnataka
- Land Mounted Solar Irrigation system, Muzaffarpur, Bihar
Social Achievements
- Established PTC Foundation for CSR initiatives in environment, sanitation, and skill development
- Maintains sanitation and hygiene on 40,000 square meters near its headquarters
- Skill development initiatives benefiting over 2500 individuals
- Empower communities through targeted health and education initiatives
- Woman Empowerment through Soft Skill Training, Palwal, Haryana
Governance Achievements
- Established governance structure and activities aligned to the company’s purpose, values and strategies
- Operating at the highest level of code of conduct, and business ethics and integrity
Climate Goals & Targets
Short-term Goals:
- Reduce carbon footprint of people and operations and attain Net Zero emissions
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- IEX 10 years Excellence Awards 2018: Highest REC Volume Member
- IEX 10 years Excellence Awards 2018: Highest Electricity Volume Member
- IEX 10 years Excellence Awards 2018: Maximum Registered Clients (Electricity)
- Best PSE of the Year Impacting Core Economy Sector (Power Trading) at the 4th IPSE Awards 2018
- Golden Peacock Awards’ 2012
- ISGF Innovation Awards 2017: PTC Retail: Smart Startup of the Year 2016
- 2015 Leaders Award
- Amity Leadership Award – 2009
- Enertia Awards for 2013, 2014, 2015 and 2018
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:34 + 278 = 312 Metric tonnes of CO2 equivalent
Scope 1 Emissions:34 Metric tonnes of CO2 equivalent
Scope 2 Emissions:278 Metric tonnes of CO2 equivalent
Scope 3 Emissions:1235 Metric tonnes of CO2 equivalent
Renewable Energy Share:0%
Total Energy Consumption:1895 GJ
Water Consumption:301 kiloliters
Waste Generated:3.90 MT
Carbon Intensity:0.021 Metric tonnes of CO2 equivalent per INR Crore in FY23, 0.019 in FY22
ESG Focus Areas
- Sustainable environment
- Empowered communities
- Rewarding workplace
- Secure network
- Robust governance
Environmental Achievements
- Reduced energy intensity per rupee of turnover from 0.09 GJ/INR Crore in FY22 to 0.13 GJ/INR Crore in FY23
- Reduced total waste generated from 4.05 MT in FY22 to 3.90 MT in FY23
- Energy bill reduced by 33% from pre-retrofit time due to energy efficient cooling system
Social Achievements
- 100% of permanent employees covered by health insurance
- Various initiatives for health and safety of employees including vaccination camps, doctors and health professionals, flexi timing and Open door protocols
- Various CSR projects benefiting communities
Governance Achievements
- Implemented a robust internal financial control system
- Established a whistleblower policy
- Zero-tolerance policy for corruption and bribery
Climate Goals & Targets
Medium-term Goals:
- Ensuring network security by maintaining highest standards of data protection, IT security and customer privacy
- Maintaining transparency and business integrity while driving ESG ambitions
Short-term Goals:
- Reducing carbon footprint, mitigating climate change, and optimizing energy consumption
- Welfare and empowerment of communities by reducing inequalities, promoting education, health, and gender equality
- Creating a diverse and healthy workforce whereby the talent is recognized and rewarded
Environmental Challenges
- Resignation of independent directors raising concerns about corporate governance and compliance
- Non-submission of quarterly financial results within stipulated time
- Short notice for board meetings
Mitigation Strategies
- Forensic audit conducted and no material financial impact or fraud identified
- Replies submitted to SEBI, Stock Exchanges, RBI and ROC
- Requisite number of independent directors appointed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainable procurement policy
Climate-Related Risks & Opportunities
Opportunities
- A calibrated shift from pre-dominant fossilized energy economy to a greener one
Reporting Standards
Frameworks Used: National Guidelines on Responsible Business Conduct (NGBRC)
Third-party Assurance: Not disclosed
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:310 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:46 tCO2e/year
Scope 2 Emissions:264 tCO2e/year
Scope 3 Emissions:1195 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:1987 GJ/year
Water Consumption:349.23 kl/year
Waste Generated:2.81 tons/year
Carbon Intensity:0.019 tCO2e/INR Crore (Scope 1 & 2), 0.07 tCO2e/INR Crore (Scope 3)
ESG Focus Areas
- Sustainable environment
- Empowered communities
- Rewarding workplace
- Secure network
- Robust governance
Environmental Achievements
- Purchased renewable energy certificates (RECs) equivalent to 125% of its annual electricity consumption
Social Achievements
- Various insurance products like EDLI / Cancer Protect for employees
- Regular health camps for vaccination, routine tests
Governance Achievements
- Established a Sustainable Development Committee
Climate Goals & Targets
Long-term Goals:
- Creating a diverse and healthy workforce whereby the talent is recognized and rewarded
- Ensuring network security by maintaining highest standards of data protection, IT security and customer privacy
- Maintaining transparency and business integrity while driving ESG ambitions
Medium-term Goals:
- Welfare and empowerment of communities by reducing inequalities, promoting education, health, and gender equality
Short-term Goals:
- Reducing carbon footprint, mitigating climate change, and optimizing energy consumption
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainable procurement policy
Climate-Related Risks & Opportunities
Opportunities
- A calibrated shift from pre-dominant fossilized energy economy to a greener one
Reporting Standards
Frameworks Used: NGBRC
Third-party Assurance: Not disclosed