PTC India Adopts Environment, Social and Governance Vision 2030
PTC India Limited, the leading provider of power trading solutions in India, informed about the company’s adoption of the Environment, Social and Governance Policy for Business Responsibility and Sustainability Reporting (BRSR) framework.
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 various short-term and long-term initiatives focusing on GHG emissions, climate change, employee engagement, diversity and inclusion, social welfare, corporate governance, and Systemic risk management, amongst many others.
The company has also laid out a governance structure for the 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 to oversee ESG and ensure that ESG goals and targets are built into the business and processes of the company.
Dr. Rajib K. Mishra, CMD (addl. charge), PTC India Limited, said:
“We are pleased to announce the adoption of ESG Vision 2030 for PTC India Limited, which is based on SEBI’s BRSR framework. PTC is committed to meeting the energy needs of all using the resources at our disposal and, at the same time, encouraging renewable energy that contributes to climate mitigation. Through its ESG initiatives, the company endeavours to create sustainable social and environmental impact."
Source: NP
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