Wednesday, 13 August 2025

Greenko focuses on decarbonization, digitalization, and decentralization in the energy sector, contributing to clean, reliable, and affordable power generation in India. They also engage in sustainable supply chain management, environmental conservation, and social initiatives, demonstrating a commitment to holistic sustainability.

 Global Partnerships - United Nations Sustainable DevelopmentGreenko aligns with Sustainable Development Goal 17, "Partnerships for the Goals," by fostering collaborations and driving sustainable development through its business model. Greenko focuses on decarbonization, digitalization, and decentralization in the energy sector, contributing to clean, reliable, and affordable power generation in India. They also engage in sustainable supply chain management, environmental conservation, and social initiatives, demonstrating a commitment to holistic sustainability. 

Here's a more detailed breakdown:

1. Partnerships and Collaboration:

Greenko actively seeks partnerships with various stakeholders, including governments, businesses, and communities, to achieve its sustainability goals. 

They facilitate the transition of other businesses, especially in hard-to-abate sectors, towards a "Race to Zero". 

Greenko's Green Bond Framework supports the financing of renewable energy projects through collaboration with investors. 

2. Decarbonization and Renewable Energy:

Greenko is committed to becoming a "Net Zero" company, with specific targets for Scope 2 emissions (by 2025) and Scope 1 & 2 emissions (within five years), and all scopes by 2040.

They are shifting from being solely a renewable energy producer to providing reliable, on-demand renewable power through Intelligent Energy Platforms and Pumped Storage Systems.

They are actively involved in developing energy storage projects, like the Pinnapuram project, to support the integration of renewable energy into the grid. 

3. Sustainable Supply Chain:

Greenko focuses on regenerative and circular economic models within its supply chain.

They integrate sustainability into their sourcing practices, ensuring suppliers meet specific ESG criteria.

They work with suppliers to improve their capacity and promote responsible supply chain management. 

4. Environmental Stewardship:

Greenko incorporates sustainability into all its operations, minimizing resource use and waste generation. 

They focus on conserving natural capital, including ecosystems, water resources, and soil. 

They have implemented initiatives like food composting to reduce waste and emissions. 

5. Social Initiatives:

Greenko is involved in various social initiatives, including those focused on community development and stakeholder engagement.

They work with local communities on projects like the use of Turtle Excluder Devices (TEDs) to protect marine life.

They prioritize the well-being of employees and the communities where they operate. 

6. Reporting and Transparency:

Greenko is committed to transparently communicating its sustainability approach and performance. 

They follow reporting frameworks like the GRI Standards and the IIRC's multi-capital framework. 

They provide regular reports on their sustainability performance to stakeholders. 

By focusing on these areas, Greenko actively contributes to the achievement of SDG 17, demonstrating a commitment to building partnerships and driving sustainable development. 

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