Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Jaypee Residency Manor, Mussoorie received LEED Gold certification; Jaypee Vasant Continental, New Delhi and Jaypee Palace Hotel & Convention Centre, Agra received LEED Platinum and Gold certifications respectively for energy & environmental design.
• Company’s Hotels at New Delhi, Agra and Mussoorie have been accredited with ISO 14001 for Environment Management System (EMS).

Social Achievements

• Company/Jaypee Group made generous contributions to PM Cares Fund, Uttar Pradesh CM Care Fund, Madhya Pradesh CM Care Fund, and Uttrakhand CM Care Fund; Jaypee Healthcare Limited extended support to COVID-19 patients.
• Jaypee’s Buddha International Circuit and Jaypee Atlantis Club were converted into shelter homes for needy persons.
• Jaypee Group distributed food packets and dry ration kits to workers and supported last-mile workers.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Market conditions and working capital constraints affected turnover.
• COVID-19 pandemic temporarily suspended activities at various locations.
• High debt levels.
• Cash flow stress.
• Disputes related to statutory dues.
• Defaults in repayment of debt and interest.
• Insolvency proceedings of Jaypee Infratech Limited.

Mitigation Strategies

• Continuous efforts to deleverage the balance sheet through operational efficiency and asset divestments.
• Restructuring/reorganization/realignment of debt.
• Divestment of assets (cement plants, stake in Bokaro Jaypee Cement Limited, cement grinding unit in Panipat, HEPs, wind power plants).
• Debt Realignment Plan (DRP) approved by lenders.
• Master Restructuring Agreement (MRA) signed with lenders.
• Efforts to resolve disputes and make payments of statutory dues.
• Negotiations for debt restructuring.
• Submission of resolution plan for Jaypee Infratech Limited.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: LEED Gold and Platinum, ISO 9001, ISO 14001, ISO 22000, HACCP

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Jaypee Residency Manor, Mussoorie received LEED Gold certification; Jaypee Vasant Continental, New Delhi and Jaypee Palace Hotel & Convention Centre, Agra received LEED Platinum and Gold certifications respectively for energy & environmental design.
• Several local governments in India have been taking steps to reduce the carbon footprint in their travel industry and support local businesses; meanwhile, ecotourism is increasingly gaining traction across the country.

Social Achievements

• No cases filed pertaining to sexual harassment of women at workplace during 2022 and 2023.
• Jaypee Group, with UPRERA support, restarted two stalled projects (Kalypso Court & Knights Court), completing them jointly with customers.

Governance Achievements

• Appointment of new Independent Directors to enhance Board diversity and expertise.
• Company generally complied with the provisions of Sections 73 to 76 of the Companies Act, 2013 regarding deposits.

Climate Goals & Targets

Environmental Challenges

• Cash flow stress due to economic slowdown, real estate sector recession, and deposit of Rs. 750 crores with the court.
• Delays in repayment of matured public deposits.
• Non-payment of some statutory dues due to cash flow shortfalls.
• Disputes pending in various forums regarding statutory dues.
• Defaults in repayment of principal & interest of loans/borrowings.
• Cancellation of land allotted by YEIDA.
• Adverse security situation in Assam affecting cement plant project.
• Limitations imposed on gas supply and price fluctuations affecting fertilizer plant.
• Increased competition in the EPC contracting sector.

Mitigation Strategies

• Continuous efforts to deleverage the balance sheet through asset divestments.
• Efforts to resolve deposit repayment delays.
• Active steps to deposit statutory dues as cash flows allow.
• Addressing disputes through legal channels.
• Discussions with lenders for debt restructuring.
• Challenging YEIDA's order in Allahabad High Court.
• Regular touch with authorities for resumption of Assam project activities.
• Representation to Ministry of Chemicals and Fertilizers for revised energy norms.
• Cost reduction programs to enhance operations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 22000, HACCP (for hotels)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Times of India Group Food & Night Life Award 2022-23 (La-Brezza)

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• LEED Gold certification for Jaypee Residency Manor, Mussoorie; LEED Platinum for Jaypee Vasant Continental, New Delhi; LEED Gold for Jaypee Palace Hotel & Convention Centre, Agra; Energy consumption decreased to 7.19 GCal/MT of urea from 7.25 GCal/MT of urea at KFCL.
• Implementation of Waste Heat Recovery System at Jaypee Rewa Plant; Use of Grinding Aid in Cement grinding process for increased output and reduction in energy consumption; Replacement of conventional light fittings / HPSV lights by LED lights in Plant, Township and Mines Area at Jaypee Rewa Plant; Reduction in Idle running of equipments by timer logic control through DCS (Distributed Control System) at Jaypee Rewa Plant; Reduction in compressed air consumption by incorporating air purging control based on Bag House DP (Differential Pressure) at Jaypee Rewa Plant; Use of Grinding Aid in Cement grinding for productivity enhancement & power saving at Jaypee Rewa Plant; Replacement of conventional tube lights with LED lights at Jaypee Chunar Cement Factory; Replacement of Metallic blade by FRP blade of Auxiliary Cooling Tower fan at Jaypee Chunar Cement Factory; Use of Grass Crete pavers over Concrete pavers in Landscaping & Fire Tender Areas at Jaypee Greens.

Social Achievements

• Launched employee well-being programs; No cases of sexual harassment filed during 2023 and 2024; Jaypee Greens, with UPRERA support, restarted two stalled projects, Kalypso Court & Knights Court, completing them jointly with customers.
• Jaypee Greens Golf Course facilitated prominent and prestigious golf events; “Atlantic-The Club”, an integrated sports complex, offers world class facilities for International and National sporting events & tournaments; Indian Green Building Council has conferred LEED certificate in “Gold Category” to the Jaypee Residency Manor, Mussoorie; “Platinum Category” to Jaypee Vasant Continental, New Delhi and Jaypee Palace Hotel & Convention Centre, Agra has been presented the “Gold Category” award for energy & environmental design of the building; The Times Food & Night Life Award 2024 bestowed on La-Brezza as Best Italian Premium Dining , Paatra as Best Indian Premium Dining at Jaypee Greens Golf & Spa Resort, Greater Noida and Best Chinese Preimum Dining at Jaypee Vasant Continental; The Company’s Hotels at New Delhi, Agra and Mussoorie have been accredited with ISO 9001 for Quality Management System (QMS), ISO 14001 for Environment Management System (EMS), ISO 22000 for Food Safety Management System (FSMS) and Hazard Analysis and Critical Control Point (HACCP).

Governance Achievements

• Established anti-corruption training for all employees; Board diversity in compliance with Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015; Implementation of a Risk Management Policy; Implementation of a Corporate Social Responsibility Policy; Appointment of Internal Auditors; Appointment of Secretarial Auditors; Compliance with Secretarial Standards on meetings of Board of Directors (SS-1) and on General Meeting (SS-2).

Climate Goals & Targets

Environmental Challenges

• Decrease in gross total revenue; Increase in operating costs; Exceptional items of loss (Rs. 668.98 crores) due to write-off of receivables, loss on equity share transfer, and write-off of trade receivables; Cash flow stress; Debt restructuring stalled due to CIRP of Jaypee Infratech Limited; YEIDA cancelled land allotment (1085 hectares); Defaults in repayment of principal & interest of loans/ borrowings/ privately placed debentures; Delays in payment of some statutory dues; Non-payment of some statutory dues due to disputes; Material weaknesses in internal financial controls over financial reporting.
• Reduced margin in cement business due to pressure on cement prices; Economic downturn; Impact of COVID-19 pandemic; Increased competition from new entrants in the packaged contract sector; Shortage of working capital at Bhilai Jaypee Cement Limited; Adverse security situation at Jaypee Assam Cement Limited; Non-availability of working capital at Jaypee Nigrie Cement Grinding Unit; Local villagers’ agitation at Sangam Power Generation Company Limited; Opposition by local people at Umngot HE Power Project; Deposits of Uranium in the area of Kynshi HE Project II; Non-compliance of regulatory, statutory or listing requirements.

Mitigation Strategies

• Continuous efforts to deleverage the balance sheet through enhancing operational efficiency and divestment of assets; Debt Realignment Plan (DRP) approved by lenders; Scheme of Arrangement (SOA) filed with NCLT, Allahabad (pending sanction); Divestment of cement plants (17.2 MTPA); Proposed sale of cement business to Dalmia Cement (Bharat) Limited; Deposit of Rs. 750 crores with the Supreme Court of India; Challenging YEIDA’s order before the Allahabad High Court; Restructuring of Foreign Currency Bonds; Implementation of energy conservation measures; Implementation of technology absorption measures; Strengthening internal financial controls; Addressing risk exposures through mitigating actions; Initiating the process of executing an agreement with Dalmia Cement (Bharat) Limited (DCBL), for Tolling / Leasing of CGU for a period of upto Seven (7) years with an option to M/s DCBL to have a right to purchase the CGU from the Company on or before the 7th year at an Enterprise Value of Rs. 250.00 Crore.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 22000, HACCP (for hotels)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Times Food & Night Life Award 2024 (La-Brezza, Paatra)