Websol Energy System Limited, a leading player in the solar sector, chalked out operational focus and sustainability in its Business Responsibility and Sustainability Report for FY 2023-24. The company operates both in the national and international markets, meeting the requirements of both the solar module manufacturer and the power developer. Although the company is not covered under CSR on account of the turnover criteria during FY 2023-24, it reiterates its commitment to ESG principles through strong initiatives on inclusiveness, employee well-being, and sustainable practices.
Operations and Workforce
To meet the emerging demand for solar modules, Websol Energy has two plants—one within the country and one abroad. Its total workforce is 311 employees. In its operations, Websol adheres strongly to an inclusive work environment policy and the well-being of its employees. A very important thrust area of Websol’s efforts is its caring workplace culture and, concurrently, occupational health and safety measures always followed with due attention.
Environmental Sustainability
Websol Energy is now steadily stepping forward towards zero liquid discharge at its facilities. Its wider initiative to embrace green sustainability and environmentally friendly practices across its operations is just a step further towards this end. Websol is committed to minimizing its impact on the environment and contributing towards sustainable development to meet global expectations concerning responsible business operations.
Governance and Stakeholder Engagement
ESG principles also come into play in the governance structure of the company. Without subsidiaries or joint ventures, internal governance practices are adapted to be maintained openly and efficiently by Websol. Much effort has been invested in establishing a healthier relationship with key stakeholders, such as customers, employees, and their immediate local communities. Keeping in close touch with them is included in the ways of having good relations with its stakeholders.
Complaint Mechanism on Human Rights
One of the features of good governance at Websol Energy is an efficient mechanism for handling human rights grievances. Websol has a Welfare and Grievance Committee with representation from all members of leadership to ensure that human rights concerns are well taken care of. The organization has designed a convenient and confidential complaint system that will aid the staff in making complaints anonymously. This ensures that a grievance policy is raised without any fear of victimization and hence ensures freedom of expression by employees.
Once a complaint is filed, it is thoroughly investigated by the HR Head and the Plant Head to ascertain facts and understand the situation. The committee then takes the necessary corrective measures to address these properly. This mechanism is indicative of Websol’s commitment to ensuring a non-discriminatory and safe workplace environment for its employees.
Occupational Health and Safety
Occupational health and safety are of utmost importance at Websol Energy. The company has instituted various mechanisms that ensure a safe environment for its staff. The safety policy at Websol involves comprehensive safety training for recruits, risk assessments, and strict adherence to occupational health standards. Newly hired staff are inducted with general safety training besides the job-specific ones.
In furtherance to the above, Websol has set up a Safety Committee that works in tandem with the management team to address various health and safety concerns, increase awareness, and conduct training. Websol follows the guidelines related to occupational health and safety management as prescribed under ISO 45001:2018. Regular audits are conducted to ensure compliance.
Websol operates a work permit system for activities that are non-routine and permits control of risks associated with such work.ConclusionThe Business Responsibility and Sustainability Report of Websol Energy System Limited for FY 2023-24 underlines the commitment of the company towards sustainable business practices, inclusivity, and employee well-being. With growing concern for the environment, protection of human rights, and ensuring occupational safety, Websol emerged as one of the responsible corporate entities in the renewable energy sector. It is expected that these practices form the bedrock for the sustainable and ethical business model as the company grows with an expanding operation base.
Source: BRSR
Credit: Websol Energy System Limited