Azure Power becomes the first Renewable Energy company in India to be SA8000 certified
Azure Power (NYSE: AZRE) has achieved SA8000:2014 certification, becoming the first renewable energy company in India to do so. This international standard for social accountability requires organizations to implement socially responsible practices. CEO Harsh Shah emphasized the importance of social responsibility in their operations, while Chief Sustainability Officer Sumit Barat highlighted their commitment to continuous improvement in social performance. This certification underscores Azure Power's dedication to high standards of corporate governance and stakeholder assurance.
- First renewable energy company in India to receive SA8000:2014 certification.
- Enhances corporate governance and social responsibility standards.
- Improves stakeholder confidence in the company's operations.
- None.
NEW DELHI, July 7, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading sustainable energy solutions provider and renewable power producer in India, announced that it has been awarded SA8000:2014 certification, an international standard for social accountability. Azure Power is the first Renewable Energy company in India to have been awarded this certification.
SA8000 is the world's leading social certification program. This is an auditable standard that requires organizations to develop, maintain, and apply socially acceptable practices in the workplace including supply chain.
Harsh Shah, CEO, Azure Power said, "Social responsibility is core to how we conduct our business, including our supply chain. Benchmarking against high global standards help us to maintain, strengthen and demonstrate our commitment to adhere to highest social standards of corporate governance. It further provides assurance to our stakeholders on the company's social performance and commitment to conduct business in a socially responsible manner."
Sumit Barat, Chief Sustainability Officer, Azure Power, further added, "We are proud to have implemented systems and processes that resulted in achieving the SA8000 certification and are committed to continually improve our social performance. Obtaining and maintaining the certification provides a well-defined framework to conduct business in a socially responsible manner."
About Azure Power
Azure Power is a leading independent sustainable energy solutions provider, and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets.
We developed India's first utility scale solar project in 2009 and since then, Azure Power has grown rapidly to become a leader in developing and operating large utility-scale renewable energy projects in the country.
We also partner with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.
For more information about us, visit: www.azurepower.com
Investor Contact:
ir@azurepower.com
Media Contact:
pr@azurepower.com
Logo: https://mma.prnewswire.com/media/819565/Azure_Power_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/azure-power-becomes-the-first-renewable-energy-company-in-india-to-be-sa8000-certified-301582168.html
SOURCE Azure Power
FAQ
What is SA8000 certification awarded to Azure Power?
When did Azure Power receive the SA8000 certification?
What does obtaining SA8000 certification mean for Azure Power?
Who is the CEO of Azure Power?
What is the significance of the SA8000 certification for investors in AZRE?
