Triveni Turbine Limited (TTL)
Climate Impact & Sustainability Data (2022-23 onwards, 2023-24)
Reporting Period: 2022-23 onwards
Environmental Metrics
ESG Focus Areas
- Governance
- Environmental
- Social
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Compliance with applicable laws and regulations related to labor practices, human rights, bribery & corruption, respecting the confidentiality of information shared, data privacy, occupational health and safety and environment
Climate-Related Risks & Opportunities
Opportunities
- Waste Heat recovery improve energy efficiency, recovering waste heat losses and provides an attractive opportunity for an emission free and less costly energy resource
Sustainable Products & Innovation
- Steam turbines that can help industries produce clean energy solutions from waste heat
Reporting Period: 2023-24
Environmental Metrics
Scope 1 Emissions:3,374.68 Metric tones of CO2 equivalent
Scope 2 Emissions:2156.3 Metric tones of CO2 equivalent
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 12% reduction in energy consumption per rupee of turnover
- 4% reduction in water consumption per rupee of turnover
- More than 20% reduction in SOx and NOx emissions
- 8% reduction in Scope 1 & 2 GHG emissions per rupee of turnover
- Installation of 1,300 kW rooftop solar power capacity
Social Achievements
- Facilitated a Masterclass series through leading technology professionals to promote technical awareness and education about emerging technologies
- Provided financial and other support to various schools towards ensuring quality education for children
- Associated with a charitable hospital which conducted free behavioural developmental screening and assessment of underprivileged children in Delhi and provided therapy
- Over 120% increase in annual training man-days
- 35% of the total learning portfolio delivered through technology-driven learning
Governance Achievements
- Established a robust governance framework underpinned by robust systems, processes and policies, ensuring the highest standards of corporate governance and ethical practices
- Adequate Board independence with 5 of 10 members being Non-Executive Independent Directors
Climate Goals & Targets
Environmental Challenges
- Delays in finalisation of orders in the domestic market
- Supply chain disruptions across the global economy triggered by various geopolitical conflicts
- Ramp-up of supply chain capacities to keep pace with growth
- Complexity related to tax and other local compliances for international operations
Mitigation Strategies
- Increased order booking in international markets
- Strengthening the supply chain and sub-vendor base, as well as improving productivity
- Increasing capacities at existing vendors and adding new vendors
- Ensuring stringent adherence to local compliances
Supply Chain Management
Responsible Procurement
- Requiring ISO, EMS & OHSAS certifications from vendors
- Waste Supplier/Vendor Code of Conduct (COC)
Climate-Related Risks & Opportunities
Opportunities
- Reducing greenhouse gas generation and environment compliance
Sustainable Products & Innovation
- High-speed turbines
- Higher MW range turbines
- Turbines for thermal renewable fuels
- CO2 battery system
- tCO2 Cooling Skid
- tCO2 Heat Pumps
- Subcritical CO2 turbine
- Supercritical CO2 turbine
Awards & Recognition
- CII-TPM Club Gold Award (Renovation)
- CII-TPM Club Silver Award (Breakthrough)
- QCFI Bangalore Gold Category (Poka-Yoke project)