Mumbai – Saatvik Green Energy Limited, one of India’s leading integrated renewable energy companies, has been honored with the Golden Peacock Occupational Health & Safety Award 2026 in the Power (Renewable) Sector by the Institute of Directors (IOD), India. The award is widely recognized as one of the country’s most prestigious accolades for corporate excellence in workplace health and safety.
The recognition highlights Saatvik’s outstanding commitment to maintaining the highest standards of occupational health, workplace safety, employee well-being, and continuous improvement across its operations. The award specifically acknowledges the company’s efforts in fostering a strong safety-first culture at its advanced solar PV module manufacturing facility in Ambala, Haryana.
Commitment to a Safety-First Culture
With a large workforce consisting of both employees and contract workers, Saatvik has consistently integrated safety into every aspect of its operations. The company’s approach combines leadership commitment, robust governance practices, employee engagement, and technology-driven risk management systems to create a safe and productive work environment.
Commenting on the achievement, Mr. Prashant Mathur, Chief Executive Officer (CEO) of Saatvik Green Energy Limited, stated:
“At Saatvik, safety is not merely a compliance requirement or a business priority—it is a core value embedded in every decision we make. As we continue to expand our manufacturing footprint and contribute to India’s clean energy transition, our foremost responsibility is ensuring that every employee and contractor returns home safely each day. This award reflects the collective efforts of our workforce in building a proactive safety culture driven by leadership commitment, employee participation, continuous learning, and technology-led risk management.“
He further emphasized the company’s focus on AI-enabled safety monitoring, predictive maintenance systems, comprehensive workforce training, and strong governance frameworks, all of which contribute to achieving a zero-harm workplace.
Advanced Safety Systems and Governance
Saatvik’s workplace safety framework is built upon a comprehensive Occupational Health & Safety Management System (OHSMS) aligned with ISO 45001 standards. Safety performance is regularly reviewed by senior leadership and forms a critical part of the company’s broader Environmental, Social, and Governance (ESG) strategy.
The company has adopted several cutting-edge technologies to strengthen workplace safety, including:
- Digital visual inspection systems to identify manufacturing defects that may lead to electrical or fire-related risks.
- Real-time video analytics to monitor Personal Protective Equipment (PPE) compliance and unsafe workplace behaviors.
- Predictive maintenance systems that detect equipment-related risks before they escalate into incidents.
These technological initiatives are supported by structured safety processes such as:
- Hazard Identification and Risk Assessment (HIRA)
- Job Safety Analysis (JSA)
- Permit-to-Work Systems
- Behavior-Based Safety Programs
- Management of Change Protocols
Employee Participation at the Core
Employee involvement remains a cornerstone of Saatvik’s safety culture. Through safety committees, suggestion programs, toolbox talks, recognition initiatives, and continuous training programs, workers actively contribute to identifying hazards, reducing risks, and improving workplace conditions.
The company has achieved 100% safety training coverage across its workforce, ensuring that employees and contractors possess the knowledge and skills necessary to maintain safe operations at all levels.
Outstanding Safety Performance
Saatvik’s strong commitment to workplace safety has delivered measurable and impressive results. Over the past two years, the company has:
- Maintained Zero Lost Time Injuries (LTI)
- Achieved a significant reduction in its Total Recordable Incident Rate (TRIR)
- Reduced incident-related downtime
- Delivered more than 4,700 annual training hours
- Reported Zero Compensation Claims
- Recorded Zero Equipment Damage Incidents
- Received No Regulatory Penalties or Notices related to occupational health and safety
These achievements demonstrate the effectiveness of the company’s proactive safety management approach.
Global Validation of ESG and Safety Standards
Saatvik’s safety systems and sustainability efforts have also received international recognition. The company holds ISO 45001 Certification and has been awarded a Bronze Medal by EcoVadis, placing it among top-performing organizations globally in terms of ESG performance and responsible business practices.
About the Golden Peacock Occupational Health & Safety Award
The Golden Peacock Occupational Health & Safety Award is presented annually by the Institute of Directors (IOD), India and is considered a benchmark for excellence in workplace health and safety management.
The selection process involves a rigorous multi-stage evaluation, including:
- Independent assessment by experts
- Comprehensive peer review
- Final adjudication by an eminent jury
The jury for the 2026 awards was chaired by Hon’ble Justice Uday U. Lalit, Former Chief Justice of India, and included distinguished leaders from the fields of public administration, industry, law, governance, sustainability, and corporate leadership.
Conclusion
The recognition reinforces Saatvik Green Energy Limited’s position as a leader not only in India’s renewable energy sector but also in workplace safety excellence. As the company continues to expand its role in the nation’s clean energy transition, its unwavering focus on employee safety, technological innovation, and responsible governance sets a benchmark for the industry and demonstrates its commitment to creating a safer, more sustainable future.
