Tata Power, India's largest integrated company, has been immensely committed to the cause of sustainability and does so under its CARE programs in the area of Environment, Sociatal commitment, Bio-diversity as also Conservation of resources and values. It has always endeavored for sustainable development and has undertaken several initiatives for conservation of nature. In line with this philosophy, the company has initiated various projects to address the underlying causes of biodiversity loss and improve its status by safeguarding ecosystems, species and genetic diversity. Today, Tata Power’s sustainable and conservation initiatives are active in all its areas of operation.
Aligned with the 'Aichi Biodiversity Targets' set by the international treaty, the Convention on Biological Diversity (CBD), Tata Power organises Biodiversity Awareness programs in all its plants, subsidiaries and local communities to build awareness around the various challenges of biodiversity. The Company has robust processes- like sustainable production and optimal use of resources- in place to ensure that its business activities comply with all applicable laws and regulations. Through programs like the Sea Turtle Monitoring Project in Gujarat, Tata Power abides by the Aichi targets of saving threatened species from extinction.
Commenting on this initiative, Anil Sardana, CEO & MD, Tata Power, said, ''Sustainability as a practice is intricately weaved into every function of Tata Power in a way that addresses the interest of all its stakeholders and the society at large. Biodiversity is the cornerstone of our existence on earth and, being a responsible corporate citizen, Tata Power has always actively initiated integrated conservation drives.''
''We have aligned our green strategy with the Aichi targets because the said targets beautifully addresses biodiversity with a 360 degree approach, and serve as a flexible framework for the establishment of national and regional targets with measurable results,'' he further added.
Shares of the company gained Rs 0.15, or 0.16%, to trade at Rs 93.30. The total volume of shares traded was 164,287 at the BSE (3.07 p.m., Tuesday).
