Founder, President & Joint Managing Director
The economies of our planet are critically dependent on the services of ecological life-support systems. So in one sense their total value to the economy is infinite. Because ecosystem services are not fully accounted in commercial markets as our economic services are, they are often given too little weight in decisions. We would compromise Our Common Future- the sustainability of humans in the biosphere, if we don’t change our course significantly. At Greenko, we are determined to take necessary steps and be a catalyst for change to protect our Planet, while we continue to grow our People and Profits.
In this context, we believe that our compass- measurement and accounting systems by nations, companies and individuals- has to change so that we are steered in right direction, at each step, to achieve sustainable development. United Nations Sustainable Development Goals is one such compass with which we can measure and evaluate our progress and take right decisions. At Greenko, we pursued value creation model that is fundamentally sustainable and undertook sustainability reporting to measure, assess and disclose our progress in contribution to economic, environment and social systems. Through this journey, for over a decade, our commitment to sustainable development and the belief that pursuing this path firmly delivers sustainable shareholder value, has been reinforced. We are already witnessing that technology changes more than favorable changes in regulation have overcome cost and scale barriers and mainstreamed renewable energy. This trend will continue irreversibly and of course, the renewable energy systems and business models would have to transform to cater to and substitute non-renewable energy sources for other end uses like transport etc.
Through this report, we hope to have given an account of our contribution to economy of India, mitigation of climate change, improving local environment and economy and finally caring and growing our people. While, we are determined to be steadfast in our pursuit, we value partnership with our stakeholders as also your views.