Environmental, social and governance matters are a priority at Triveni Turbines. Our continued efforts to adopt the global best practices and contribute to sustainable developments, strengthen our reputation and make our business more resilient in the long term.
Our Peenya and Sompura manufacturing facilities in Bengaluru, both designed as green factories, follow stringent environmental compliances. We have integrated sustainable practices into our operations, including installing a 1,300 kW rooftop solar power capacity. Being net-metered, our facility ensures efficient power consumption and a lower carbon footprint.
We also undertake efforts around water conservation and waste elimination, ensuring zero liquid discharge. To promote sustainability across our supply chain, we continually engage with them towards adopting sustainable practices including through basic qualifications and certifications relating to environmental impact, EHS system implementation and human rights compliance among others.
We have deployed a robust people strategy aimed at driving excellence, innovation, diversity and sustainability. Safety is a priority, and we ensure the highest standards of Occupational Health & Safety practices at our plants. Beyond this, we promote a healthy and safe lifestyle through having gym and sporting facilities, facilitating healthy meals and conducting annual health checks. We have several talent and succession initiatives that help nurture people from within and build senior leadership for diverse roles. In FY 24, we undertook programmes covering technical skills, leadership development, and people skills enhancement. A renewed approach to conventional instructor-led programmes was adopted, which resulted in over 120% increase in annual training man-days. We also enhanced the use of modern technology-driven learning, with 35% of the total learning portfolio delivered through this channel.
We endeavour to improve the quality of life and holistic development of our communities through initiatives around healthcare, education and training, and technological development. In FY 24, we facilitated a Masterclass series through leading technology professionals to promote technical awareness and education about emerging technologies, benefiting students. Financial and other support were provided to various schools towards ensuring quality education for children.
To promote technological innovation, we are working closely with leading academic institutions, supporting their research in ‘Clean and Green Power generation’.
Aiming for a healthier society, we associated with a charitable hospital which conducted free behavioural developmental screening and assessment of underprivileged children in Delhi and provided therapy.
We have a robust governance framework underpinned by robust systems, processes and policies, ensuring the highest standards of corporate governance and ethical practices. These assist in adhering to all statutory requirements supported by monitoring through an online compliance monitoring team. Adequate Board independence with 5 of 10 members being Non-Executive Independent Directors, ensuring protecting the interest of stakeholders and the organisation.
