Environment
Essar Energy is determined to continue its focus on minimising the environmental impact from the construction and operation of its assets. Although this is a major challenge, it is also an opportunity to show how it can make a difference.
Essar Energy recognises its clear responsibility towards climate
change mitigation and adaptation, viewing climate change as an
opportunity that will strengthen the Company and position it for
future growth and success.
In particular, it is important to have a structured approach to
carbon management to manage the impact of climate regulations.
Our approach towards climate change mitigation and adaptation is
aimed at providing clean solutions to our customers and reducing
our own carbon footprint by adapting the latest technology and
energy conservation measures. In addition, managing regulations,
stakeholders' expectations and costs are key factors in our
approach.
After a detailed structured greenhouse gas (GHG) accounting
process and disclosure at the Carbon Disclosure Project (CDP)
following international protocols, Essar Oil is working towards a
robust GHG management system to deliver results on a year on year
basis and to show its positioning relative to industry
standards. CDP ranked Essar Oil the best in carbon management
in India in the energy sector during the year 2011. Essar Oil
gradually intends to build GHG reduction targets to operational
levels, requiring each operation to assess their GHG performance
and to look for best practices to monitor, inventorise, report and
own the GHG emissions stemming from their operations.
Looking at climate change as a key element of sustainable growth
for our Company prepares us to respond to evolving scenarios in
relation to climate change (e.g. regulatory, stakeholder, financial
risks and opportunities).
The following businesses of the Group are
certified to ISO 14001:2004 requirements.
- Essar Energy Holdings
Limited
- Essar Oil Limited (Vadinar
refinery)
- Essar Power Holdings
Limited
- Essar Power, Hazira Limited
Given the large requirement for water in the energy production
and refining processes, management of water resources is critical.
The company has taken considerable steps to reduce water usage and
has also started collecting rainwater. This has meant that the
water sources near Essar Energy's plants have not been
significantly affected by the withdrawal of water for industrial
use.
Below: Green belt trees planted around the Vadinar
refinery in Gujarat
