Environmental
Biodiversity Management
As a proud signatory of the India Business and Biodiversity Initiative (IBBI), we have aligned ourselves with global best practices, striving to avoid, reduce, and restore any adverse effects on biodiversity. Our initiatives include a comprehensive manual for the use of land, water, and biodiversity resources, as well as a strategic approach to responsible land use. We also adhere to the ten key areas of biodiversity integration within our operations, to ensure considering and addressing the impact of our operations.
We are committed to conserving and enhancing biodiversity and have a net positive impact on the environment by 2030
Biodiversity is integrated into our Enterprise Risk Management (ERM). Regular audits and assessments help us identify the areas for improvement and ensure continuous compliance. We undertake comprehensive Environmental Impact Assessment (EIA) of all Geographical Areas (GAs) before commencing our operations. Based on the outcome of these assessment, we develop comprehensive biodiversity management plans to address the impacts related to land, water and biodiversity. These reports are submitted to the concerned regulators for compliance verification. In FY 2024-25, there were zero significant biodiversity risks found as per the ESIA study. There are no IUCN Red List species and national conservation list species with habitats found in areas affected by the operations of our organisation, by level of extinction risk including critically endangered, endangered, vulnerable, near threatened, least concern.
| Parameters | FY 2023-24 | FY 2024-25 |
|---|---|---|
| Total number of Geographical Areas (GAs) | 33 | 33 |
| Total sites covered under biodiversity/environment impact assessments | 19 | 23 |
| Total sites which are in close proximity to critical biodiversity/environment | 0 | 0 |
| Total sites in close proximity to critical biodiversity/environment for which biodiversity/environment management plans are prepared | NA | NA |
| Other low-priority sites for which biodiversity/environment management plans are prepared | 03 | 04 |
We extensively undertake tree plantation initiatives to create natural carbon sinks for carbon sequestration, reducing GHG concentrations, improving the overall biodiversity and enhancing climate resilience. The tree plantation activity under Greenmosphere and Revival of Roots initiatives were carried out in consultation with the officials of the local authorities and communities, who were engaged throughout the execution and maintenance activities.
