Environmental degradation and climate change have been identified as one of the foremost challenges of the 21st century by the Global Risk Report of the World Economic Forum. These risks together act as a risk multiplier, worsening other potential risks to businesses, economy and society. We, at TSLP, are collectively stepping up our initiatives towards environmental conservation and climate action for a sustainable future for all. We are optimising our use of natural resources and aligning our processes to embrace a circular economy across every aspect of our operations. We are enhancing energy efficiency, reducing greenhouse gas (GHG) emissions, alongside minimising water intake and pollution. In addition, we are taking appropriate measures to extend the lives of our mines.
At TSLP, we firmly believe that sustainable production is the key to our success and in the long-run, it will majorly impact our business and its ability to create value. Our operations are subject to various central and state environmental laws and regulations.
Company has provided its attention towards lowering our energy consumption by setting up an Energy Impact Centre under Shikhar – our continuous improvement programme, wherein we categorised the energy reduction initiatives deployed across our manufacturing units into the following:
Some of the achievements in Environment care
Solid waste utilization
Waste water reusage
Reduction in CO2 emission
Cognizant of the need to bequeath a sustainable, green planet to our future generations, we have narrowed upon the following imperatives:
Pursuing energy usage efficiency
Reduction in greenhouse
Minimizing water usage
Conservation of Biodiversity
We focus on maximising waste heat recovery to reduce our energy consumption. During the year, we reported
We undertook various initiatives to reduce CO2 emission intensity including:
Decreased fuel rate at MBF
Reduced specific coal consumption at DRI plant Lowered specific coal consumption at Pellet plant
Increased green power generation ratio by 57% of total power generation in FY 2020-21 compared 49% in FY 2019-20
Enhanced coke yield of 65.68 in FY 2020-21 compared to 65.24 in FY 2019-20
Improved air quality measured at 181 AQI at Gamharia in FY 2020-21, compared to 191 AQI in FY 2019-20$
Carbon emission in FY21
Steel production is significantly dependent on fresh water. ~4.2 MGD (19,000 KLD) of fresh water is drawn from the river Subarnarekha and is supplied after pre-treatment to the plant for use. We are constantly looking for innovative ways of sourcing and managing water consumption to reduce environmental impact and build long-term water security for our operations and community at large.
|17% reduction in water consumption
We have undertaken the following initiatives in this direction:
Solid waste utilization
The company has made an extensive endeavour to increase its green cover across all locations which are all-pervasive. To control pollution in our operational zones of Gamharia, Joda and Vijay-II mines, we are planting trees using the Miyawaki plantation technique near our units. The Miyawaki plantation technique uses native plant species and provides 10x faster growth, resulting in 30 times denser than usual forests.