Automotive Axles Limited

Climate Impact & Sustainability Data (2022-23)

Total Carbon Emissions:22,115 MTCO2e

Scope 1 Emissions:5,133 MTCO2e

Scope 2 Emissions:17,982 MTCO2e

Scope 3 Emissions:4,480 MTCO2e

Water Consumption:92,759 KL

Waste Generated:17,112 metric tons

Installed a rainwater harvesting facility with a capacity of 600 KL and a storm water harvesting facility with a capacity of 600 KL
Replaced induction motors with energy-efficient motors and Variable Frequency Drive (VFD) for significant energy use, saving 20% energy
Adopted solar energy to contain carbon emissions
Substantial reduction in usage of wooden and plastic packaging materials which is replaced with environment friendly materials
Working towards paperless office and reduction of usage of papers

Facilitated vaccination and booster doses for employees and their family members
Organised various initiatives such as family day, festival celebrations, summer camps, annual sports day and cultural activities to promote employee well-being
Organised various programmes like essay and slogan writing for special occasions such as National Safety Day, World Environment Day and International Women’s Day
Launched a monthly Employee Appreciation Day
Launched the Management Development program to cultivate young leaders

Complied with the governance requirements provided under the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Established procedures and systems to be fully compliant with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Implemented a robust risk management framework

Long-term Goals:

Medium-term Goals:

Short-term Goals:

Implementation of Total Productive Maintenance (TPM) by 2024-25
Total Quality Maintenance (TQM) to achieve maximum property, facility, equipment and total infrastructure life prospective by 2024-25
Journey towards developing concept of paperless factory through digitalization of conventional operation and processes by 2026

Risk of existing manufacturing/production solutions that do not meet new technological advancements or upgradation of future market needs
Risk of losing potential customer during the course of business
Non-compliance with safety measures by employees
Non-awareness of hazardous nature of chemicals may lead to potential hazards
Business interruption due to natural calamities
Supply chain interruption
Risk of inadequate data centre & far sight Disaster Recovery
Business interruptions due to Pandemic
General slowdown in the automobile markets
Growing cost of key raw materials
Failure to innovate and develop new technologies or products or to adapt to changing customer behaviour
Inability to attract, recruit, retain and motivate a highly skilled workforce

Structured technology development projects
New focus areas are identified to develop future capability needs
Implementation of Industry 4.0, across all plants
Maintaining Quality enhances customer satisfaction
Strict adherence to BBS (behaviour-based safety system)
Focus on reducing the generation of effluent and arresting at the source
Detailed SOP, employee training & adherence followed strictly
Providing intensified safety training that are specifically designed for roles which require upgraded skills
Adequate protection against calamities including appropriate insurance
Introduced additional mitigation to overcome interruptions due to pandemic situations
Warehouse approximate to customer plant
Vendor managed inventory
Company has strong data backup recovery in place
Data Centre under Disaster Recovery Plan under process
Regular review of market conditions
Resilient business model
Long-term contracts enable us to tide over short-term slack in the markets
Introduction of value-based products to our customers
Improving the share of business through quality, delivery and cost performance
Develop cost-efficient manufacturing processes
Consistent efforts to reduce costs
Monitor emerging trends in automotive worldwide
Continuous improvement
Investment in new product technology
Focus on key talent and their retention
Pay by performance culture
Strong value-led culture throughout recruitment, induction and training
Employee engagement activities and incentive plans

Supplier Audits: 100%

Frameworks Used: National Guidelines on Responsible Business Conduct

Certifications: ISO 14001:2015, ISO 45001:2018, IATF 16949:2016, CQI 9, CQI 15