Toyota Kirloskar Motor wins the Golden Peacock Award for Energy Efficiency

“TKM has sourced over 94% of electricity from renewable source of energy for its operations in Bidadi facility in FY 2020-21. As champions of green mobility solutions, Toyota is leading the way for a better tomorrow and has always emphasized on environmentally sustainable solutions in every product that is manufactured, including our business operations.” - Raju B Ketkale, Executive VP, Manufacturing, TKM

January 2022: Toyota Kirloskar Motor (TKM) was recently honoured with the prestigious “Golden Peacock Award for Energy Efficiency” for the year 2021, as a testament to the efforts of the company for sustainable and environment friendly practices across all its operations. TKM was bestowed this award as a recognition to its commitment towards the creation of a climate resilient society guided by Toyota’s 2050 Carbon Neutrality Commitment. It reaffirms Toyota’s responsibility towards creation of a climate resilient society in ‘harmony with nature’.

The company has previously been recognized with the coveted award in 2019 for Energy Efficiency and for Excellence in CSR in 2015. Expressing delight on receiving the award, Raju B Ketkale, Executive VP, Manufacturing, TKM said, “We are extremely pleased that our constant efforts to reduce energy consumption have been acknowledged. We have been investing enormous efforts to significantly improve energy efficiency, by reducing & monitoring daily energy consumption in each of the operational processes. Additionally, TKM has sourced over 94% of electricity from renewable source of energy for its operations in Bidadi facility in FY 2020-21. As champions of green mobility solutions, Toyota is leading the way for a better tomorrow and has always emphasized on environmentally sustainable solutions in every product that is manufactured, including our business operations. This award is a testimony to our consistent efforts to ensure energy efficiency and inspires us to continue to improve on our processes.”

In order to ensure energy efficiency, Toyota has implemented several Kaizen measures including installation of in-house solar power plants at roof tops and ground in its facility in Bidadi, which has a combined capacity of 8.2MW of electricity. Toyota also sources energy from outside solar parks and open access sourcing. TKM’s renewable energy sourcing has increased from 15% in FY 15-16 to 94% in FY20-21. TKM aims to further excel in FY21-22 by utilizing the Renewable Energy business vertical to scale up and promote the same among supply chain, and by utilizing the Toyota EcoZone to share knowledge among all stake holders and community.

About Golden Peacock Awards: Golden Peacock Awards (GPA) is a set of prestigious national and global awards designed to improve productivity and quality in organizations. It aims to promote business excellence by providing a Framework or Criteria for assessment that is based on similar principles as other awards throughout the world. This award instituted by the Institute of Director in 1991, is now regarded as a benchmark of Corporate Excellence.

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