JSW Energy recognises that transparent reporting of our performance, strategy and challenges is a critical part of our responsibility towards all our stakeholders. We believe that full and transparent reporting lifts our performance. By adopting the best global frameworks, we strive to set a high business standard at JSW Energy. Through this Report, we provide an extensive outline of the Company’s holistic approach towards the development of the economy. The Report further gives an understanding of how it is creating value through its strategy, governance, performance and opportunities.

Integrated Reporting & Scope

This is the fifth Integrated Annual Report of JSW Energy Limited. We have prepared the <IR> with reference to the International Integrated Reporting Council’s (IIRC) International Integrated Reporting Framework. We understand that the <IR> framework provides a useful basis for disclosing how we create sustainable value for our stakeholders. This Report is our value creation story. We aim to present a holistic review of how we performed in the financial year 2023 and our roadmap for the future. We place emphasis on what matters most to our stakeholders and our business and explain how we identify and address material issues through our Materiality Report. To provide business context, we outline our strategic pillars and explain how they influence our business presence and business segments. With a well-defined business model, we illustrate how we create long-term value for our stakeholders while recording consistent organisational growth. The Company wants to mention that there are no restatements or corrections to the information provided in the report from the previous reporting year.

Reporting Structure

The financial and statutory data presented in the Report is in accordance with the leading and international frameworks. These include reporting requirements under the Companies Act, 2013 and the rules made thereunder, Indian Accounting Standards (IndAS), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with the core requirement of the Global Reporting Initiative (GRI) Standards 2021, the National Guidelines on Responsible Business Conduct (NGRBC), Business Responsibility and Sustainability Reporting (mandated by SEBI) and the UN Sustainable Development Goals (UN SDGs), among others. The non-financial data in the Report is guided by the IIRC framework.

Reporting Period

The JSW Energy Integrated Annual Report is produced and published annually. This Report provides information for the financial year 1st April, 2022 to 31st March, 2023.

Reporting Boundary

The information presented in the Report is material to our stakeholders and presents an overview of our businesses and associated activities that help in creating value in the short, medium, and long term. We have also presented information on our subsidiaries both within India and overseas. The Report also covers our joint venture and associate company.

Board Responsibility Statement

The contents of this Report have been read and reviewed by the Company’s Senior Management, under the guidance of the Board. This ensured the integrity, accuracy and completeness of the information disclosed in the Report.

How to use this Report

The following icons have been used throughout the Report to link the relevant issues and illustrate how we create value.

Our Business Value Drivers

Financial Capital

Manufactured Capital

Human Capital

Intellectual Capital

Social and Relationship Capital

Natural Capital

Our Strategic Pillars

Embracing a greener future

Leveraging our time-tested business model

Capitalising on a strong balance sheet

Measuring the environmental impact of our operations

Ensuring efficient operation of our existing assets

Nurturing our workforce

Relevant Material Issues

Read more

Relevant UN SDGs