Monday, 4 August 2025

Greenko's integrated management system focuses on risk assessment, OHSAS (Occupational Health and Safety Assessment Series), and cost of production through a framework that addresses internal and external factors, setting objectives, identifying potential events, and assessing and responding to risks.

 Greenko's integrated management system focuses on risk assessment, OHSAS (Occupational Health and Safety Assessment Series), and cost of production through a framework that addresses internal and external factors, setting objectives, identifying potential events, and assessing and responding to risks. It also emphasizes control activities, communication, and monitoring to ensure effectiveness. The company also focuses on sustainable development and climate change mitigation, actively participating in policy and regulatory discussions. 

Here's a more detailed breakdown:

1. Risk Assessment:

Framework:

Greenko utilizes a comprehensive risk management framework that combines elements from COSO (Committee of Sponsoring Organizations of the Treadway Commission) and OCTAVE (Operationally Critical Threat, Asset, and Vulnerability Evaluation). 

Components:

The framework includes identifying internal and external factors that could affect achieving objectives, assessing the likelihood and impact of identified risks, and developing appropriate risk responses (avoid, reduce, accept, share). 

Monitoring:

Continuous monitoring and modification of the risk management framework are essential to ensure its effectiveness. 

2. OHSAS (Occupational Health and Safety Assessment Series):

Integration:

OHSAS principles are integrated into Greenko's overall management system, focusing on creating a safe and healthy work environment. 

Compliance:

Greenko ensures compliance with relevant health and safety regulations and standards. 

Training:

Providing adequate safety training and equipment to employees is a priority. 

3. Cost of Production:

Efficiency:

Greenko aims to optimize its operations to minimize the cost of production. 

Innovation:

Adopting innovative approaches and technologies can help reduce costs and improve efficiency. 

Resource Management:

Effective resource management, including energy and water, is crucial for cost control. 

Strategic Planning:

Aligning business strategies with cost considerations is essential for long-term sustainability. 

4. Sustainability and Climate Change:

Climate Mitigation:

Greenko actively participates in discussions and initiatives related to climate change mitigation and sustainable development. 

Renewable Energy:

They are a leading player in renewable energy, contributing to India's transition to a low-carbon economy. 

Green Steel:

Greenko acknowledges the potential of green steel and its challenges, including higher production costs. 

Policy and Regulation:

Greenko recognizes the importance of policy and regulatory changes in enabling the energy transition. 

5. Greenko's Values:

Stakeholder Inclusiveness: Engaging with all stakeholders in a sustainable manner.

Excellence: Striving for excellence in developing, owning, and operating world-class assets.

Ethical Conduct: Acting with fairness, integrity, and honesty.

Discipline: Adhering to company policies and demonstrating ownership.

Innovation: Encouraging the use of technology and innovative approaches.

Teamwork: Achieving organization

al objectives with respect and dignity. 

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