Our ESG Commitments
We have established a strong sustainability governance framework to guide, execute, and oversee sustainability-focused decisions and actions.
Tata Power has a well-established sustainability governance structure to benchmark, implement, and monitor sustainability aligned decisions and actions.
The sustainability performance funnels into the Apex Leadership team and the CSR Committee at Board for guidance.
Leadership and Oversight on Sustainability
Advocacy
Institutional Structures and Systems
Leadership with care
Care for our environment (society at large)
- Environment conservation
- Efficient use of energy
- Investment in green technology
Care for our shareholders and customers
Care for our community
Care for our people
Initiatives that are based on, and are encompassing
What needs to be done (material to both, stakeholders and us)
What we are good at doing and is linked to our business objectives
What we should take up as national thrust areas and public private partnerships for development and higher impact
What we should define as our standards, from compliance, to competing, to leading
New technology
Benchmarking.
Going beyond compliance
Architecture of Care
We have integrated six key Environmental, Social and Governance (ESG) priorities into our business, and our future-ready roadmap.
Carbon net zero before 2045
ACTION PLAN
- No new coal-based capacity; phasing out before 2045 with the completion of contractual obligations and useful life
Clean and green capacity 70% by 2030
ACTION PLAN
- Pursuing new solar and hybrid capacities
Utility benchmark in water and waste management before 2030
ACTION PLAN
- Adopting practices to becoming 100% water neutral before 2030
- 100% zero waste to landfill before 2030
Customer centric businesses
ACTION PLAN
- Promoting mass adoption of rooftop solar and solar pumps, microgrids and home automation
- Leading EV charging infrastructure to spur ecosystem
- Value-added services (VAS) at the distribution end
No net loss to biodiversity by 2030
ACTION PLAN
- Ecosystem conservation activities at operating sites
- Implementation of Biodiversity Management Plans
Impact 80 million lives directly by 2028
ACTION PLAN
- Training 10,000 trainers to enable experiential energy conservation education learning for 10 lakh+ youth
- Building capabilities of 1,00,000+ self-help group (SHG) members
- Enable awareness and champions for neurodiversity support across institutions and partners we work with
Business-wise targets have been set for the following prioritised SDGs to create a roadmap
Decarbonisation
To become carbon net zero before 2045
Thought Leadership
To become a global sustainability benchmark
Circular Economy
Move towards water neutrality and zero waste to landfill before 2030
CSR SDGs for Societal Impact are below
Education
Train 35 lakh+ youth as conservation and STEM* education champions by 2028
Employability & Employment
20 lakh+ youth to be trained and made employable by 2028
Entrepreneurship
Enable 1 lakh+ community collectives (Self Help Groups) by 2028
*Science Technology Engineering Mathematics
Tata Power is the only Indian Company to have co-authored the SDG roadmap for power utilities along with World Business Council for Sustainable Development.