Requirement/Development of Sustainability
Sustainable Development, as defined in 1987 by the Brundtland Commission (formally known as the World
Commission on Environment and Development (WCED).
“Development that meets the needs of the present without compromising the
ability of future generations to meet their own needs.”
Start of Sustainability Journey
- In 2022-2023, we have engaged in an initiative named The Zero Carbon Project (TZCP) launched by our
strategic customer as an effort to mitigate environmental impacts by reducing GHG emissions.
- We started with the “THE ZERO CARBON PROJECT”. Under this project POWERMAT got opportunity to
know scientific way/method of calculating the emission in the category of Scope 1 & scope 2, under
awareness and support of SE.
Target for Sustainability
|
Base Year - 2020 |
Most recent Year - 2023 |
| Scope 1 emission in Tons |
55.87 |
14.75 |
| Scope 2 emission in Tons |
902 |
874 |
1. Our CO2e intensity (per unit of sales) was by 51.70% from 2020 to 2023.
2. Our target is to reduce CO2e intensity (per unit of sales) by 60% by 2025.