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Ensuring environmental sustainability through projects and programs aimed at promoting, protecting and/or enhancing renewable energy, water security, biodiversity, and green practices.

JalAadhar

The programme aims to attain water security in water stressed locations through three different models of integrated watershed management (IWD), Waterbody Rejuvenation (WR) and Water Access (WA). The models work individually and together to harvest runoff water to increase the percolation into groundwater, encourages judicious use of water within agricultural practices and increases community income through income generating activities. The program aligns with the United Nations’ Sustainable Development Goal 6 impacting groundwater recharge and access to water. Cumulatively till date, the total impact of the project across 3 states has been:

330+

Villages covered across Maharashtra, Rajasthan & Tamil Nadu

790+

Waterbodies created/treated

45,000

Lakh litres of annual water harvesting capacity created

5.4 Lakh+

Individuals benefitted

3,000

Acres under micro-irrigation

5.5

Meters - Average rise in groundwater level

INR 30,000

Avg. increase in income due to crop diversification and irrigation

The Green Switch

With about 0.5% of the homes still devoid of electricity, The Green Switch project is Tata Capital’s effort to illuminate communities-in-darkness in the aspirational districts of India. Tata Capital was recognised as the Winner of the FICCI CSR Awards 2023–24 for our Green Switch project under the category “Aspirational District – Private Sector Companies with an annual turnover of over INR 3001 Crores.”

The desire to design an energy security project rose from having financed cleantech projects across the country. We believed it was prudent that communities-in-darkness should be included in the overall growth story of the country for which having access to electricity is critical. Thus, a sustainable strategy was envisaged to provide 24X7 renewable energy to communities dependent solely on kerosene / firewood for domestic electricity which promoted inclusivity and was driven through a community ownership model.

The model of The Green Switch project involves a decentralised solar off the grid model connecting the solar panels to a control room which houses the entire set-up of invertors, batteries, lighting arrestors, etc. Through the control room, the transmission and distribution line powers each home equipped with an electricity meter, charging sockets and 4 LED bulbs, it also connects streetlights and community buildings. The effort is wholly to power homes for the first time and through it – convenience, comfort and commercial opportunities. The project is inspired by the United Nations’ Sustainable Development Goal 7 and Power for All Scheme by the Government of India.

The overall, cumulative project impact till date, across 3 States is:

1.19

MWp total solar capacity installed

99

hamlets electrified across Maharashtra, and Jharkhand and UP

4,800+

households illuminated for the first time

20,700+

lives impacted

INR 40,000

Avg. increase in annual income for entrepreneurs

155+

Local grid operators trained

290+

Solar pumps bought by farmers

VN or वन (Vanaropan for Neutrality)

India is the third most polluted country in the world, showing evidence of urban heat island effect due to loss in green cover and natural spaces for biodiversity conservation, especially in megacities. Referring to the National Forest Policy (1988), it sets a forest cover target to be maintained at 33% of the total land mass, India falls short at 21.71% as per the latest ISFR 2023. With increase in natural disasters, flood and drought related instances and loss of coastal ecosystems, afforestation and ecosystem maintenance needs immediate attention.

Tata Capital, with a significant presence across the country, has designed the VN program to enhance, protect and preserve natural ecosystems leading to increase in green cover, improvement in air quality, regeneration of biodiversity, enhance soil structure, better mitigation and adaptation strategies for communities and to augment carbon sequestration. The initiative endorses a long-term strategy for ecosystem rejuvenation and maintenance to achieve the stated outcomes. Under the program, three Miyawaki forestation sites have been completed across Thane, Delhi and Hyderabad. Our overall impact across the three sites:

Alignment with SDG 15 and India’s carbon sink targets

Total Plantation: using the Miyawaki method, afforested 6.5 acres with 77,000 native saplings in Thane, Delhi, and Hyderabad
Environmental Impact: Expected to sequester over ~1630 tons of carbon upon full growth

Biodiversity Impact:
- Coastal Road Greening under Thane Smart City Initiative, Thane - 38,000 sapling planted consisting of 45+ native species. The stretch is being developed as a rejuvenation zone for citizens.
- Revived an Industrial Debris Land, Wazirpur, New Delhi - 16,000 sapling planted consisting of 40+ native species. This site is now a children’s garden and green zone in the middle of an industrial area.
- Created a Rock Garden Centre, Hyderabad - 23,000 sapling planted consisting of 40+ native species
- All three sites have ~95% survival rate

77,000+

native saplings

6.5

Acres of land afforested

1630

tons of carbon sequestered

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Corporate Sustainability - Climate Action

Climate Action

JalAadhar

330+

790+