In 2023, TVS Holdings disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
TVS Holdings disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2023 | 2022 |
|---|---|---|
Total Energy Consumption | 0a | 0a |
Non-Renewable Energy Consumption | 0a | 0a |
Renewable Energy Consumption | 0a | 0a |
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In 2023, TVS Holdings consumed a total of 0 Gigajoules of energy across its operations. Of this total, 14.99% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 85.01% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2023, TVS Holdings consumed a total of 0 Gigajoules of energy, of which 14.99% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that TVS Holdings has considerable room to improve its energy sustainability strategy.
Since 2023, TVS Holdings's total energy consumption increased by 7.44%, reflecting a recent rise in overall energy demand.a
Over the same period, the share of renewable energy in TVS Holdings's consumption decreased by 11.87%, showing a recent negative trend in clean energy adoption.a