ESG Nishant Krishna April 18, 2024
Environment, Social, Governance (ESG) 

The United Nations Environment Programme acknowledges the significant potential of Biogas in contributing to sustainable development and addressing environmental challenges and emphasizes the importance of integrating Biogas projects into broader sustainability frameworks. That is why we at IBA have defined our ESG goals as listed below – 

Environmental Goals:
Reduce greenhouse gas emissions:

Biogas production reduces methane emissions by capturing methane from organic waste.

Promote circular economy:

Utilize organic waste as feedstock for biogas production, diverting it from landfills and reducing waste.

Protect natural resources:

Biogas production reduces the reliance on fossil fuels, conserving natural resources and mitigating environmental degradation.

Social Goals:
Improve public health:

By reducing organic waste and methane emissions, biogas production contributes to improved air quality and public health.

Create local employment:

Biogas projects often create job opportunities in waste collection, plant operation, and maintenance, benefiting local communities.

Enhance energy access:

Biogas can provide decentralized energy solutions, especially in rural areas, improving energy access and resilience.

Governance Goals:
Transparency and accountability:

Ensure transparency in operations, reporting, and decision-making processes related to Biogas projects.

Compliance with regulations:

Adhere to local, national, and international regulations and standards governing biogas production and waste management.

Ethical business practices:

Uphold ethical standards in business operations, including fair treatment of employees, community engagement, and responsible sourcing.