Efforts to Achieve Sustainable Development

All of our business operations are conducted with “realization of sustainable development” in mind. This is because we believe that what is required for companies in the future is the creation of common value with all stakeholders involved in our business, which leads to true sustainable growth.

To achieve these goals, ESG management is based on the elements of the environment (Environment), society (Social), and governance (governance), and the SDGs, which have more specific goals in each area, are incorporated into the decision-making process in each area.

At present, environmental issues such as air pollution are becoming more serious worldwide year by year, and it is necessary to take immediate measures to improve them. In Asia also, air pollution caused by traffic jams due to rapid urbanization and abnormal weather (Floods and heat waves) resulting from global warming have become major social problems.

Terra Motors provides a fundamental solution to air pollution by developing and marketing environmentally friendly E-mobility. Going forward, we will continue to develop products that enable both comfortable and environmentally friendly transportation by expanding EV sales through infrastructure development and full-scale introduction of E-2 wheeler and 4 wheel vehicles by utilizing IT and other technologies.

While there are plenty of goods in developed countries, there are many regions and people in the world where there is still room for improvement. Poverty is also a major cause of various problems such as health damage, educational inequality, and crime rates.
We will work to create a world where all people have equal opportunities by discovering and implementing fundamental solutions to poverty eradication through our business.

The EV 3 wheels sold in India are mainly used for taxis, and these drivers originally made a living by human power rickshaws, so they can expect income increase by switching to electric rickshaws. Terra Motors will try to raise their incomes by offering better and cheaper products. In the future, we will use microfinance to encourage more people to take steps to increase their income.

Inequality in power dynamics between men and women is a pervasive issue across the globe. Regardless of whether a country is developed or developing. Women comprise roughly half of the world’s population. It is imperative that they have the same opportunities for advancement as their male counterparts. This is especially important if we are to address and end issues such as chronic poverty and hunger. By empowering women, we can unlock their full potential to contribute to society. We can foster a more fair world for all.

Terra Motors is engaged in the EV3 wheeler sales and loan business in Bihar and other rural states in India where job opportunities are scarce.
We are contributing to gender equality by offering women in India the possibility of becoming business owners even in cities with few employment opportunities.