Sustainability at Tata Power
Tata Power has always set a standard in adopting sustainable practices in its business. Tata Power is currently the leader in installed Wind Power capacity in India; various new technologies in the renewable space are being adopted by the company. However Sustainability at Tata Power does not stop only at renewable initiatives, we believe in Sustainability being a lifestyle that each individual must adopt.
Economic Sustainability is an important factor for any business. However, overall sustainability of an organization, in the long run, will be on a positive growth if the organization cares for the environment, society, customers and its employees. With this view we have developed the Sustainability Model at Tata Power, as shown below.
Tata Power Sustainability Model
The intent of our Sustainability model is ‘Leadership with Care’ with four key elements–
Care for the Environment;
Care for the Community;
Care for our Customers / Partners
Care for our People.
To support these elements, there are four enablers of New Technology, Advocacy / Mutual learning, Excellence and Architecture of Care (AoC).
Care for the Environment addresses various aspects of resource conservation, energy efficiency, carbon footprint, renewable power generation, biodiversity and green buildings.
Fossil fuel power generation is a significant contributor to the green house gases viz. CO2. As per our objective, we are tracking our Carbon Footprint and also encouraging our own employees to monitor their personal contribution to this global issue.
We are developing new projects across the country and our intent is to be the ‘neighbour of choice’. We want to build up a relationship with the community and bring in prosperity for the organization as well as to the community. We have developed our Principles of Community Engagement which address our actions in ‘Caring for the Community’. The Tata Group has always worked with the community and taken steps to build a stronger India. We provide power, one of the necessities for national growth and we would work with the community to develop a fully electrified India.
Our economic sustainability depends on our customers and it is one of our prime objectives to care for our Customers. Our product is very unique as the same has no shelf life and gets consumed immediately as the switch is turned on. We have started working at our customers end in the form of the Demand Side Management Projects, the Tata Power Energy Club and working with customers to develop small renewable energy systems. In a fast place world, we as individuals sometimes need a person to talk to. Our Customer Care Centres that have been built with the Architecture of Care provide such an opportunity to our customers. We will start working with our partners to help them develop in a sustainable manner over the years to come.
As an organization, we care for our employees and have different initiatives that are spear headed by the human resources function for the learning and development of our employees. Safety and health are of prime importance and all efforts are made to make safety the top most agenda in all aspects of our operations as well as our day-to-day living. Other initiatives like organizational transformation and LASER have been implemented to enhance the individual understanding of an employee.
Our enablers like advocacy / mutual learning, new technologies, excellence and architecture of care are cutting across all the elements and contribute significantly to the development of each element. By developing each element, we as an organization will be able to attain our overall sustainability objective of Leadership with Care.
Thus we have defined our Sustainability Model which defines the organisation’s Sustainability portfolio.