New Delhi, 23 January 2023: PTC India Limited, the leading provider of power trading solutions in India, informed about company’s adoption of Environment, Social and Governance Policy for Business Responsibility and Sustainability reporting (BRSR) framework. The decision on this effect was taken in the board of Director’s meeting held on 19/01/2023.
The company’s ESG vision 2030 focuses on the five pillars of Sustainable Environment, Empowered Community, Rewarding Workplace, Secure Network and Robust Governance. PTC has also structured a roadmap for its ESG Vision 2030 which comprises of various short term and long term initiatives focusing on GHG emissions, climate change, employee engagement, diversity and inclusion, social welfare, corporate governance, Systemic risk management, amongst many others.
The company has also laid down a governance structure for review of ESG initiatives. A Board level ESG committee has been set up to periodically review the ESG performance of the company and provide ESG inputs to the Board of Directors. The company has also set up an ESG council, with an objective to provide ESG oversight and ensure that the ESG targets and ambitions are integrated into company’s business and processes.
Commenting on the occasion, Dr. Rajib K Mishra, CMD (addl. charge), PTC India Limited, said:
“We are pleased to announce adoption of ESG Vision 2030 for PTC India Limited which is based on SEBI’s BRSR framework. PTC is committed to meet energy needs of all using the resources at our disposal and at the same time encourage renewable energy contributing to climate mitigation. Through its ESG initiatives the company endeavors to create sustainable social and environmental impact”