Protecting biodiversity
Commitment
- Achieve No Net Loss of Biodiversity by 2030
- Plant 27.86 lakh trees by 2030 as part of our Chairman's pledge to grow 100 million trees
Highlights in FY 2024-25
100%sites covered through Biodiversity Impact Assessments
9,042trees planted covering 3.2 hectare of land area
Our Biodiversity Policy guides our efforts towards protecting and promoting biodiversity at each project site. Being a signatory to India Business and Biodiversity initiative (IBBI), we commit to No Net Loss of Biodiversity by integrating biodiversity considerations into our decision-making and project planning. We are also adopting LEAP approach, aligned with Taskforce on Nature-related Financial Disclosures (TNFD) framework, to identify and disclose our nature-related risks. We also train our employees in ecosystem service management.
- We conduct independent third-party Environment and Social Impact Assessment (ESIA), Climate Change Risk Assessment, Human Rights Risk Assessment and Critical Habitat Assessment, if applicable during the project planning phase, in line with the Equator Principles and IFC Performance Standards
- We integrate biodiversity risks into our Enterprise Risk Management Framework
- We develop detailed Biodiversity Management Plans for the identified sites
Advancing No Net Loss of Biodiversity Commitment
- Utilising barren lands for operations, to minimise terrestrial impacts
- Special efforts to mitigate potential adverse impacts on natural habitats caused by wind energy parks
- Water conservation measures at our solar parks for resource efficiency
- Measuring exposure and magnitude metrics to evaluate financial impacts of biodiversity risks and for informed decision-making and mitigation planning
Habitation Restoration
CASE STUDY
Protecting the Great Indian Bustard
In partnership with the Ex-situ Conservation Authority, the Government of Rajasthan, we have developed natural habitats for sustainable growth of the critically endangered Great Indian Bustard.
