close

ABOUT THE REPORT

LEADERSHIP SPEAKS

Performance Highlights

GREENKO TODAY

Delivering VALUE –
Purpose & Principles

Creation of Sustainable Value

Performance Based
Value Creation

Epilogue

Annexures

Greenko Integrated Management System

The Greenko Integrated Management System (GIMS) is a tool that mirrors Greenko’s values of compliance and ethics in conformance with global benchmarks to drive standard practices across all operational areas of the group.

As an organization with deep rooted values in sustainability, we believe in promoting transparency and greater accountability. Greenko has been leading from the front, establishing multiple frameworks and platforms to encourage innovation and valuable employee insights. We have pledged to continue on this path and showcase our capabilities to be a global leader and achieve sustainability goals.

- Syed Saleem Basha

AVP, GIMS

GIMS is based on global best practices and integrates Quality, Environment, Health & Safety, Information Security, Energy, and Social Accountability Management Systems (QEHS-IS-En-SA) as per the requirements of ISO standards, the ESMS (Environmental and Social Management Systems) as per the requirements of IFC performance standards, Sustainability reporting as per the requirements of GRI Standards, and Integrated reporting as per the requirements of IIRC are also integrated into GIMS. The company has various sites which are certified by DNV- GL for implementing ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 & ISO 27001:2013.

Additionally, since FY 2020, under the purview of GIMS, Climate Risk Assessment in accordance with TCFD requirements is being carried out at Greenko. This has enabled the company to align its strategy to navigate transitional changes in regulations, markets, and behaviours towards decarbonization. Nevertheless, the physical asset risks and uncertainty in yields owing to changes in wind pattern, solar radiation, hydrological flows due to climate change continue to remain a challenge. In some assets and some periods, it may be advantageous, and, in some others, it could mean less generation. The initial analysis reveals that such things may balance out due to geographical spread and technological variety of the portfolio. However, across all assets accelerating digitalization to improve adaptive and predictive systems are essential, which is already a strategic objective for the Group’s business.