New Delhi, Jun 1: The National Thermal Power Corporation Limited; NTPC Ltd, India’s largest integrated energy producer has issued renewed Biodiversity Policy 2022 to establish a comprehensive vision and guiding principle for conservation, restoration, and enhancement of biodiversity. Its objectives are aligned with environmental and sustainability policies.
According to the corporation's notification, the issued Biodiversity Policy is an integral part of NTPC’s Environmental Policy. The objectives of the policy are aligned with environmental and sustainability policies. Moreover, the policy is also designed to support all the professionals of the NTPC Group to help them contribute toward the achievement of the targets set in this field.
NTPC has always been mindful about avoiding operations in areas with the highest biodiversity value and judiciously selecting project sites. The company will further strengthen its current efforts to achieve a ’no net loss’ of biodiversity at all of its currently operating sites and ensure there is a net positive balance wherever applicable. Besides, NTPC was the first PSU to issue Biodiversity Policy in 2018. In the same year, NTPC became a member of the India Business and Biodiversity Initiative (IBBI).
The power major aims to mainstream the concept of biodiversity across NTPC’s value chain and adopt a precautionary approach for sustainable management of biodiversity in all the decision-making processes to ensure the Earth's variety of life in and around the business units of NTPC. The policy also aims to adopt systematic consideration of local threats to biodiversity beyond the company’s business activities.