GRI Performance IndIces

We have been reporting sustainability as per GRI G3.1 guidelines since 2012. However, we have migrated to GRI G4 reporting guidelines from FY16. Every year, we are audited externally by KPMG for all the reportable parameters. We report over 30 indicators across all sites both under project and O&M phase. In our endeavour to attain global benchmarks we continuously monitor and improve our economic, environmental and social indicators.

Methodology Followed

List of indicators identified

Economic Performance

Mahindra Susten aims to play a major role in the solar power market development in India & contribute towards the solar energy journey of India. We intend to put up 1 GW of solar energy capacity at an investment of $750 million. along with another 3 GW of third-party projects through engineering, procurement and construction (EPC) orders. We expect to have 350 Mw of EPC installations by the & of 2015 and is looking at consolidating its solar energy base in Gujarat, Rajasthan, Andhra Pradesh. Telangana and Madhya Pradesh. Our annual turnover at present Is around $80 million. with our aim to achieve $1 billion annual turnover over the next three years.

  • Year 2012-2013 2013-2014 2014-2015
    Economic Generated Value 48943.47 12493.79 50764.29
    Economic Distributed Value 45249.2 12670.04 49357.38
    Economic Rtained Value 3694.27 -176.25 1406.91

    *All Values are in INR Lakhs

    *Economic Value Distributed: Operating Costs + Employee Wages & Benefits + Payment to Providers of Capital + Payment to Government + Community Investments

Environmental Performance

We are committed to the environment by creating innovative solutions to minimize impact and optimize resource conservation. 'Alternative thinking', one of our Rise Pillars continues to enable us to unearth effective ways of conserving and optimising the finite natural resources bequeathed to us. We strongly believe that ecology and economics are not contradictory, but complementary to each other. Hence, we consider environmental efficiency as a business competency and Invest time and money to enhance this efficiency.

Year 2012-2013 2013-2014 2014-2015
Aux Power Consumed 73.2955 821.96005 1087.51764
Power Generated 9301 102169 13890
Percentage 0.788% 0.804% 0.831%

Social Performance

At Mahindra Susten, we approach community care with the same zeal and efficiency as we approach our business. We make strategic long-term investments. which yield life-long positive change to the country. We than aggressive goals and doggedly chase them to accomplishment. Our committed volunteers play on their strengths to eliminate weaknesses of the marginalised. And all our interventions are carefully chosen and crafted in alignment with current and future needs of the nation.

Our performance has ensured continued customer satisfaction. Our Plants are reliable. For over 90 MW of Installation our Plant Uptime is greater than 99.7 %. They have been consistently performing better.

We ensure timely and quick construction for our customers - 30 MW has been completed in 128 Days, 23 MW in 112 days. A highlight to mention is Fonroche 23 MW, which was completed 90 Days before schedule.