EHS & Sustainability

Vikram Solar, a leading solar energy solutions provider, is committed to driving the adoption of solar energy to reduce greenhouse gas emissions. The company envisions becoming a global leader in sustainable energy, empowering individuals and businesses to make a positive environmental impact. Operating ethically and responsibly, the company adheres to the highest standards of corporate governance and social responsibility

SUSTAINABILITY
RATING-PLATINUM

Vikram Solar Limited bags PLATINUM Medal, scoring 84/100, 99th percentile and is in the top 1% of Ecovadis Sustainability rating. Based on EcoVadis Directory, as of May 13, 2025, Vikram Solar Limited has been awarded the prestigious EcoVadis Platinum Medal, ranking 1st in its sector at the Group level.

HYPERSOL VSMDH.72.590.05 solar photovoltaic module is now certified with ISO 14040:2006, ISO 14044:2006, and ISO 14067:2018.

Achieving ISO 14067–Product Carbon Footprint Certification marks a significant milestone for Vikram Solar and reinforces our commitment to sustainability by delivering the following benefits:

Regulatory Compliance

Alignment with national and international climate regulations

Market Differentiation

Strengthening our position as a sustainable and environmentally responsible brand

Stakeholder Trust

Enhancing transparency and building confidence among customers and partners

Global Alignment

Contributing to global climate goals and demonstrating sustainability leadership

Improved Environmental Performance

Identification and reduction of product-related GHG emissions

Cost Efficiency

Process optimization and energy reduction leading to lower operational costs

The study was conducted based on "Cradle to Gate" system boundary based on the following ISO Standard:

ISO 14040:2006– Environmental Management: Life Cycle Assessment – Principles and Framework

ISO 14044:2006– Environmental Management: Life Cycle Assessment – Requirements and Guidelines

ISO 14067:2018– Product Life Cycle Accounting and Reporting Standard under the Greenhouse Gas Protocol

Achieving assurance certificate with respect to these ISO Standards – 14040, 14044 & 14067 further strengthens our sustainability roadmap and commitment to responsible manufacturing.

UN GCNI
SUSTAINABILITY PARTNER

VSL’s participation & partnering as Sustainability partner in the 20th UN GCNI Convention in Kolkata, first time being held in Eastern India

Recipient of Gold Award in 23rd Greentech Safety, Fire & Security Award

OUR APPROACH

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COMMITMENTS, POLICIES & STANDARDS

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ESG FRAMEWORK

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REPORTING CENTRE

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SUSTAINABLE DEVELOPMENT GOALS

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EPR

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SAFETY

We have a corporate social responsibility (“CSR”) committee that guides us in integrating our social and environmental objectives with our business strategies. Through our CSR initiatives, we aim to promote education among the underprivileged and take initiatives to aid health and culture. We spent ₹3.01 million, ₹3.81 million and ₹3.38 million for Fiscals 2024, 2023 and 2022, respectively, on CSR initiatives.

Residential Solar Panel System for Energy Savings

A few key CSR activities undertaken in Fiscal 2024 were as follows:

  • Distributed food items through various collaborations with non-governmental organizations such as the Akshaya Patra Foundation;
  • Contributed to Vedanta Cultural Foundation and Yashvi Art Foundation for protection of national heritage, art and culture;
  • Promoted education among less privileged children by distributing tablets to students, thereby enabling them to study from home;
  • Donated to Seva Bharti Trust towards the construction of a medical camp and provided utility items to the Government Health Center;
  • Initiatives of planting trees in the Sundarbans, an important mangrove forest ecosystem to contribute to the preservation of this ecologically-sensitive region; and
  • In the aftermath of the devastation caused by Cyclone Amphan in May 2020, we undertook immediate relief efforts and distributed food bags and relief materials and helped reconstruct homes for the less privileged. We also collaborated with the Bengal Chamber of Commerce and Industry to help the afflicted by distributing food and other relief materials to manage disaster caused by Amphan.
BIS Certified solar panel