The foundation of a robust business is the collective growth of its people and society, not just on economic parameters but also on social environment. At Triveni, we believe in fostering a culture for sustainable development while focusing on corporate growth. We have built our businesses with as much head as with heart.
The guiding principle of our business is to create long term shared value for all our stakeholders by following legal and ethical business practices and simultaneously improving our social and environmental impact. Our Company is committed to create an environment that contributes to communities and the conservation of nature. While the scope under community and conservation of nature i.e. environment is huge, it was essential for us to pick up areas where we felt our contribution would be more meaningful. Deriving inspiration from this philosophy, we have designed our CSR strategy in a way that it includes:
We adhere to sustainable business practices. Being in sugar business, we conform to the concept of sustainability as sugarcane is a renewable crop. Bagasse and molasses are the two main by-products of sugar production. Bagasse, a renewable fuel, is used for power generation at all our sugar units. Two co-generation facilities, Khatauli & Deoband, supply surplus power to State Electricity Board and are registered with UNFCCC for CERs and NLDC for RECs. We produce Ethanol, a bio-fuel, at our distillery using molasses.
Sustainable water management has become a necessity across the globe. Our Water business group is one of the leading players in the domestic market for water and waste water treatment. Our Gear business and Triveni Turbine Ltd., a group company, caters to a wide range of industries including biomass and municipal solid waste based Independent Power Plants (IPPs). Fuels used at these IPPs are renewable and thus involves lower environmental impact.