Sustainability at Saatvik

Powering Progress: Growing Together for a Greener Future

At Saatvik, sustainability is embedded into our core business strategy, operations and product innovation. As a leading solar PV module manufacturer and clean energy solutions provider, we are committed to responsible growth that creates long-term value for the environment, society, and our stakeholders.

Our sustainability approach aligns with global ESG standards, India’s climate goals and the UN Sustainable Development Goals (SDGs), ensuring transparency, accountability, and measurable impact.

Our ESG Approach

Environmental Sustainability

We focus on reducing environmental impact through energy efficiency, renewable energy integration, responsible resource management, and circular economy practices. All are manufacturing facilities are ISO 14001 certified, with continuous monitoring of emissions, energy, water, and waste.

Key focus areas include:

  • Climate Action & GHG reduction
  • Renewable energy consumption
  • Water stewardship & Zero Liquid discharge (ZLD)
  • Waste & circular Economy Management
  • Biodiversity & Green Infrastructure
  • Product environmental stewardship

Social Responsibility

Our people and communities are central to our success. We provide safe, inclusive, and equitable workplaces, uphold human rights across operations and supply chains, and invest in community development initiatives.

Key priorities include:

  • Occupational health and safety 
  • Employee learning, wellbeing, and diversity
  • Human rights and ethical labour practices
  • CSR programs in healthcare, education, clean energy access, rural development etc
  • Community development & CSR Impact

Governance & Ethics

Strong governance ensures that sustainability is embedded into our strategy, risk management, and day-to-day decision-making. Aligned with the SEBI BRSR framework, NGRBC principles, and GRI 2021 Standards, our governance model promotes transparency, accountability, and ethical conduct across the organization.

The Board of Directors provides oversight on ESG, financial, and operational performance, supported by structured committees and clearly defined policies.

Our governance framework includes:

  • Board-level ESG oversight & policy framework
  • Code of conduct & Anti corruption controls
  • Cybersecurity and data protection systems
  • Whistleblower & Grievance Redressal Mechanisms

Sustainability Report FY 2024–25

Our First Step Toward Structured Transparency

We are proud to present Saatvik’s inaugural Sustainability Report for FY 2024–25 — a comprehensive disclosure of our environmental, social, and governance (ESG) performance.

Prepared with reference to the GRI 2021 Standards and aligned with the SEBI BRSR framework and the UN Sustainable Development Goals (SDGs), this report outlines:

  • Our climate action and decarbonisation roadmap
  • Operational performance across energy, water, waste, and emissions
  • Product lifecycle transparency including LCA and EPD disclosures
  • Governance, ethics, and risk management frameworks
  • Social impact, workforce development, and CSR initiatives
  • This report reflects our commitment to building a fully integrated, carbon-conscious renewable energy enterprise driven by data, accountability, and continuous improvement.
  • We will continue to publish our Sustainability Report annually, progressively enhancing disclosures and expanding value chain coverage.

Environmental Product Declaration (EPD)

Saatvik has published a third-party verified Environmental Product Declaration (EPD) for its N-TOPCon Bifacial G12R solar module under The International EPD® System (EPD Registration No. EPD-IES-0028392)

Key Highlights

  • Cradle-to-gate GWP (A1–A3): 0.379 kg COâ‚‚-eq/Wp
  • High efficiency: 23.12% module efficiency
  • Power output: Up to 625 Wp
  • 30-year reference service life
  • Independently verified by an approved third-party verifier

Green Manufacturing & Certifications

IGBC Green Factory Building – Silver Rated Facility

One of our Ambala factory building being awarded the IGBC Green Factory Building – Silver Rating by the Indian Green Building Council (IGBC), under the Confederation of Indian Industry (CII).

This certification reflects Saatvik’s commitment to embedding sustainability at the foundation of its manufacturing operations, beyond the clean energy solutions it delivers.

ESG Policies & Frameworks

Bonded Labour and Abolition Policy

Code of Ethics and Conduct Policy

Community Engagement and Social Impact Policy

Conflict Mineral
Policy

Data Privacy &
Protection Policy

Employee Engagement, Communication & Grievance Redressal Policy

Environment, Social and Governance (ESG) Policy

Fraud Risk
Control Policy

Grievance Redressal Policy for External Stakeholders

Equal Employment Opportunity Policy

Health and
Safety Policy

Human Rights
Policy

Protection of Company Information and Intellectual Property Policy

Quality Assurance
Policy

Product End-of-Life
Policy

Saatvik Sustainability Report

Supplier Code
of Conduct

Sustainable Procurement Policy

Our Road Ahead

As we scale manufacturing capacity and expand globally, sustainability will remain central to our growth strategy. We will continue strengthening ESG systems, advancing decarbonization, enhancing responsible sourcing, and increasing transparency across operations and products.

Together, we are powering progress—responsibly.