Questions
1. Write the mission, vision, corporate philosophy CSR
theme of the respective organization assigned to you
and explain them in detail?
2. Paste the first page of the annual report and explain in
five lines?
3. List the stake holders in the organization
4. Paste the Business model of the organization and
comment on it
5. Leadership Team in the organization
6. Paste the chairman message and write about it own
view
7. Corporate social responsibility of the firm
8. Corporate governance of the firm from your view
9. Upload the latest annual report assigned to you
1. Write the mission, vision, corporate philosophy CSR
theme of the respective organization assigned to you and
explain them in detail?
Vision: Suzlon aims to become the world's leading renewable energy
company while promoting sustainable, social, economic, and
ecological development, ultimately creating a better future for coming
generations.
Mission: The company focuses on delivering large-scale, best-in-
class, integrated renewable energy solutions.
Key strategies include:
1. Targeting high-volume and profitable markets.
2. Emphasizing wind-solar hybrid utility-scale solutions.
3. Offering top-tier global value-added services.
Supporting actions focus on reducing energy costs, regional
manufacturing with global sourcing, offering end-to-end renewable
energy solutions, adopting an asset-light business model, and ensuring
a customer-centric and performance-oriented organization.
2. Paste the first page of the annual report and explain in
five lines?
Suzlon Group achieved an outstanding Q1 FY25 performance with a
200% year-on-year profit growth to ₹302 crores. Key highlights include
the highest Q1 deliveries in 7 years at 274 MW and the largest-ever order
book of 3.8 GW. EBITDA also hit a 7-year high at ₹370 crores. CEO JP
Chalasani emphasized strong operational execution, while Vice Chairman
Girish Tanti noted that the company is well-prepared to meet growing
industry demand. Suzlon aims to sustain this momentum while
prioritizing ESG standards and supporting India's renewable energy
goals.
3. List the stake holders in the organization
4. Paste the Business model of the organization and
comment on it
Suzlon Provides Renewable Energy Solutions Worldwide
I. Founded in 1995, Suzlon is one of the leading global renewable energy
solution providers. Over the past two decades, Suzlon has installed over
~20.8 GW of wind energy in 17 countries across six continents.
II. The Suzlon Group comprises of Suzlon Energy Limited and its various
subsidiaries. The Group’s vision for growth is driven by the concept of
sustainable development. In recent years, Suzlon has developed strong
competencies in solar power too and plans to offer Wind-Solar hybrid
solutions. Its global wind installations alone help in reducing more than
~53.37 million tonnes of CO2 emissions every year.
III. The Suzlon Group’s manufacturing footprint is spread across India and
covers 14 facilities. Suzlon’s success is due to its dynamic workforce of
over 6,400 employees, who are respected and empowered as the Group’s
most valued asset.
IV. In India, Suzlon is a market leader with 111+ wind farms and an installed
capacity of over 14,820 MW. It has developed some of Asia's largest
operational onshore wind farms in nine states including Gujarat,
Rajasthan, Maharashtra and Tamil Nadu. The Group's diverse client
portfolio includes power utilities and electricity producers in both the
private and public sectors.
V. The Suzlon Group aims to make renewable energy both simple and cost
effective for customers. In fact, Suzlon pioneered the 'Concept to
Commissioning' model in wind energy, enabling it to meet the breadth
and depth of customer requirements across the renewable energy value
chain.
Cutting-edge Technology
Suzlon Group’s investment in R&D and cutting-edge technology enables
it to offer an extensive range of robust and reliable products which meet
all customer requirements. For instance:
Suzlon's S144 -140m and S133-140m models are the all-steel lattice-
tubular tower wind turbine and offer up to 160 meters hub height. It has
been designed to harness wind energy across low wind sites.
Suzlon's both the models are one of the highest yielding wind turbines in
its class; its lowest lifecycle cost helps drive down the energy price for
customers.
Support Services
The Group also offers and executes best-in-class Operations,
Maintenance and Services (OMS) across the globe. Apart from physical,
on-ground service terms, Suzlon’s SCADA system (Supervisory Control
and Data Acquisition) enables remote monitoring of over 10,130 wind
turbines worldwide, allowing the Group to manage uninterrupted
operations and reliability of power generation.
Sustainable Development
The Group has taken innovative steps to stay competitive in a difficult
economic environment and ensure further growth of the renewable
energy sector. Besides being a technology leader, its CSR endeavours
work to protect the environment, strengthen communities and propel
responsible growth.
With ‘Powering a Greener Tomorrow’ as its vision, the Group has
mandated Suzlon Foundation to ensure sustainability across all business
operations. Suzlon Foundation is the medium through which the Suzlon
group carries out its CSR initiatives.
One Earth, the Suzlon Group’s headquarters in Pune, India is Platinum
LEED certified and is one of the greenest corporate campuses in the
world.
5. Leadership Team in the organization
Suzlon's leadership team is composed of experienced professionals who
guide the company's strategic direction. Key members of the leadership
team include:
1.Tulsi Tanti – Founder and Chairman: Known as the pioneer of wind
energy in India, Tulsi Tanti founded Suzlon and led its growth into a
global renewable energy leader.
2.Girish Tanti – Vice Chairman: Girish focuses on driving strategic
initiatives, global partnerships, and governance in Suzlon.
3.JP Chalasani – Chief Executive Officer (CEO): JP Chalasani brings
extensive experience in the power and energy sector, overseeing Suzlon's
operations and business performance.
4.Himanshu Mody – Chief Financial Officer (CFO): Himanshu is
responsible for financial strategy, capital allocation, and risk management
at Suzlon.
5.Ashwani Kumar – Chief Operating Officer (COO): Ashwani manages
operations, supply chain, and project execution, ensuring operational
excellence in renewable energy projects.
6. Paste the chairman message and write about it
own view
Shri Tulsi Tanti was passionately making the case for climate
change and championing renewable energy to governments and
policy makers all over the world. It seemed like an unending
battle and at times it got frustratingly difficult to make the world
see what was obviously happening all around. But he was tireless,
fighting each day, winning small battles, and taking giant leaps
towards creating a more sustainable future for the world. Today,
the world has validated his relentless efforts and concerns as it
recognizes ‘Climate Emergency’ as the No. 1 crisis facing
humanity and Renewable Energy as the only viable weapon to
combat it. Countries across the globe have set out ambitious net
zero goals, ambitious renewables targets and a robust energy
transition roadmap. India is right at the centre of the world’s
energy transition plans.
7. Corporate social responsibility of the firm
Corporate Social Responsibility (CSR)
Suzlon believes that Sustainability can be ensured only if all
resources – financial, natural, social, human and physical are
continually and responsibly enhanced for the benefit of business.
The CSR team is responsible to offset the impact of business in
the immediate neighbourhood. Suzlon believes that business and
its environment are inter-dependent, and that focus should be on
strengthening the organic link between them. Thus, the CSR
Mission has been derived by the holistic understanding of the
business and the social arena into four main goals of:
• Having minimal impact on the natural environment
• Enabling local communities to develop their potential
• Empowering employees to be responsible civil society members
• Committing ourselves to ethical business practices that are fair to
all the stakeholders
Suzlon’s CSR model ‘SUZTAIN’ is an unique approach which
has matured from an existing provider-beneficiary approach to a
partnership approach – wherein local communities, development
functionaries, employees, company CSR teams, government
departments and NGOs work together in planning, implementing,
monitoring and sustaining village level sustainable development
interventions. The approach is implemented through ‘Engage-
Empower-Sustain’ principles of Suzlon CSR and are aligned with
the UN Sustainable development goals (SDGs).
8. Corporate governance of the firm from your view
Suzlon's corporate governance framework is centered on
maintaining transparency, accountability, and integrity across all
its business practices. The company aims to uphold high
standards of corporate governance while ensuring compliance
with regulatory norms, safeguarding stakeholder interests, and
fostering long-term sustainability.
Key principles of Suzlon's Corporate Governance include:
1. Board Structure and Independence:
Diverse Board: Suzlon has a well-structured board composed of
executive and non-executive directors, including independent
directors to ensure a balanced perspective.
Independent Directors: They play a critical role in maintaining
independence in decision-making and ensuring the company's
practices align with shareholder interests and industry standards.
2. Committees of the Board:
Suzlon has constituted various committees to focus on specialized
areas of corporate governance:
Audit Committee: Oversees financial reporting, internal controls,
and risk management.
Nomination and Remuneration Committee: Focuses on ensuring
fair and transparent processes for director and executive
appointments and compensation.
Stakeholders Relationship Committee: Addresses concerns of
shareholders and investors to maintain trust and transparency.
3. Ethics and Integrity:
Suzlon is committed to conducting its business with honesty and
ethical values, reflected through a Code of Conduct that applies
to all employees, directors, and senior management.
The company also promotes a whistleblower mechanism where
employees and stakeholders can report any unethical behavior or
grievances confidentially.
4. Risk Management:
Risk Oversight: The board has a dedicated mechanism for
identifying, evaluating, and mitigating financial, operational, and
environmental risks.
Sustainability Focus: As a renewable energy company, Suzlon
integrates sustainability into its business model, aligning with its
commitment to ESG (Environmental, Social, and Governance)
principles.
5. Transparency and Accountability:
Financial Reporting: The company ensures timely and accurate
disclosure of financial statements and other relevant information
to stakeholders.
Stakeholder Engagement: Suzlon maintains open lines of
communication with shareholders, investors, and the public
through regular updates, AGM meetings, and transparent
disclosures.
6. Environmental, Social, and Governance (ESG):
Suzlon’s corporate governance framework aligns with its broader
sustainability goals, emphasizing ESG practices.
Environmental Initiatives: Commitment to renewable energy and
reducing carbon footprints.
Social Responsibility: Active contribution to community
development, including initiatives in education, healthcare, and
infrastructure.
Governance: Ensuring strong internal controls, legal compliance,
and ethical leadership at all organizational levels.
Through its governance practices, Suzlon strives to achieve
sustainable growth, protect stakeholder interests, and contribute
to societal and environmental well-being.
