Introduction Environment Social Governance Appendix Sustainability Strategy Sustainability in Our Operations and Value Chain Netting Remaining Emissions to Zero Sustainability in Storytelling Climate Risk Below are some of the highlights of our partnership with Powertrust in 2022: Mon, Nagaland: This project has connected three villages in the state of POWERTRUST PARTNERSHIP Nagaland to solar mini-grids. These villages are the first demonstration sites of a larger plan to connect 40 villages across the province over the next three years. This year we partnered with Powertrust to bring high-impact distributed renewable energy projects to rural areas of India for the first time. Dr. Shroff’s Charity Eye Hospital, Uttar Pradesh: This organization operates This work is funded through distributed renewable multiple centers for high-quality, low-cost eye care serving the rural poor and energy certificates (D-RECs), a market instrument low-income communities across India. The combined network sees more aligned to the International REC (I-REC) standard. than 250,000 patients and performs nearly 30,000 surgeries every year. This These investments bring renewable energy to branch in Uttar Pradesh experienced daily power cuts lasting multiple hours, regions where it is needed most, thereby and relied on diesel generators to provide backup power. Now, a photovoltaic delivering maximal social and environmental system reduces diesel consumption by up to 70%. benefits. Many of the projects we have invested in are bringing electricity to communities, and Vellore Institute of Technology, Andhra Pradesh: The institute is a higher enabling others to rely less on small-scale fossil educational facility in Andhra Pradesh. A 700kWp rooftop system now fuel generators. spreads across several buildings on the institute’s campus, including several student accommodation and service buildings. Solar Irrigation Pumps, Uttar Pradesh: “Irrigation-as-a-Service” enables farmers to transition from diesel-based pumping to solar irrigation. The tariffs are set to be 20-40% cheaper than the running cost of diesel groundwater pumping (including fuel, maintenance, and rental), and users only pay for the volume of water consumed for irrigation. Netflix ESG Report 2022 20
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