Planet
Titan has taken several important steps to embed sustainability in its operations, with specific focus on energy and water to positively impact environment and the community. This also includes various efforts towards waste minimisation and optimising resource utilisation across divisions.
Across all divisions, especially in the ISCMs, a significant thrust has been to bring more renewable energy as part of in-house installation or even creating offset projects. Many other initiatives are being driven by other divisions and also by the Retail Services Group (in Retail operations) locally to reduce the carbon footprint.
A few salient features include raising awareness on climate change and encouraging the adoption of processes and practices that promote sustainability. The company is constantly engineering innovative solutions and mitigation mechanisms to conserve the environment. The company, during the year put in place environmentally sustainable processes for raw material acquisition, vendor management, manufacturing and recycling. Environmental management systems are being setup at factories with facilities acquiring ISO 14001 certification.
The company has over a period of time taken up rejuvenation activities for many lakes or water bodies. Besides the rejuvenation of the Veerasandra lake adjoining the corporate office at Bangalore, the company has also taken another lake adjoining the factory at Hosur for full rejuvenation.
The company has also sought to offset carbon footprint by taking up large-scale tree plantation through creation of Miyawaki forests in Hosur and also plantation of trees in public areas.
