Mayur Uniquoters Limited
Climate Impact & Sustainability Data (2022-23)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:0.0785 Million Metric Ton (2022-23)
Scope 1 Emissions:0.0158 Million Metric Ton (2022-23)
Scope 2 Emissions:0.0061 Million Metric Ton (2022-23)
Scope 3 Emissions:0.0565 Million Metric Ton (2022-23)
ESG Focus Areas
- Climate Change
- Human Rights
- Labor Practices
- Anti-Corruption
- Environmental Sustainability
- Resource Optimization
- Employee Training & Development
- Occupational Health and Safety
- Quality Education
- Healthcare
- Gender Equality
- Innovation
- Sustainable Product Development
- Partnerships
Environmental Achievements
- Reduced toxic solvents usage by 72% (from 2381.5 kg/month to 666 kg/month)
- Reduced lacquer waste by 30%
- Installed solar plants with a total capacity of 223 Kwp (35 Kwp, 118 Kwp, and 500 Kwp)
- Reduced particulate matter in air emission from boiler/thermopack stack by 9% (from 138 Mg/Nm3 to 125.54 Mg/Nm3)
- Reduced Scope 1 emissions by improving fuel efficiency and better planning despite a 20% increase in production
- Reduced total GHG inventory per square meter of production
Social Achievements
- Achieved a target of 6500 trees planted in 2022-23
- Supported athletes, including Krishna Sharma (boxer) and Mukesh Nitharwal (walker)
- Provided hockey sticks and kits to 20 hockey players
- Covered over 1770 families under Healthcare, Family Planning & Immunization projects
- Consistently awarded “Sikhsha Bhusan” award for contributions to education
Governance Achievements
- Quarterly evaluation of internal sustainability scorecard by the Board of Directors
- Established a robust Whistle Blower Policy
- Implemented a robust policy and procedures to address misconduct
- Reviewed and updated Anti-Bribery policy for all employees
Climate Goals & Targets
Long-term Goals:
- Achieve Net-Zero emissions (target year not specified)
Medium-term Goals:
- Reduce industrial accidents by 50% by 2024-25
- Increase female staff by 10% by 2024-25
- Complete Research Centre construction & equipment installation by 2024-25
- Create 10 more happy schools by 2024-25
- Achieve manufacturing of five sustainable products (2023-24)
Short-term Goals:
- Reduce carbon footprint by 5% (2023-24)
- Reduce energy consumption by 5% (2023-24)
- Reduce BOD & COD by 10% (2023-24)
- Reduce waste (Paste & Lacquer) by 5% (2023-24)
- Reduce paste consumption by 5% (2023-24)
- Enhance inbound logistics efficiency by 5% (2023-24)
- Increase training program by 500 man-hours (2023-24)
- Plant 5100 trees (2023-24)
- Cover over 1600 beneficiaries under Healthcare, Family Planning & Immunization projects (2023-24)
- Execute at least one project per university (2023-24)
Environmental Challenges
- Soaring inflation and unstable supply chains
- Escalating climate change impacts
- 72% of greenhouse gas emissions from the supply chain
Mitigation Strategies
- Improved efforts on engaging with suppliers to collect more accurate ESG data and encourage suppliers to take appropriate action
- Investing in renewable energy sources (solar panels)
- Implementing energy efficiency measures (LED lights, drive systems)
- Developing cleaner and more efficient vegan leather alternatives
- Implementing Membrane Bioreactor (MBR) technology for chemical sludge handling
- Supply chain decarbonization (Local Sourcing)
Supply Chain Management
Responsible Procurement
- Mayur Supplier Sustainability Policy (incorporates UN Global Compact principles and ILO standards)
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: UN Global Compact Ten Principles, Sustainable Development Goals (SDGs), National Voluntary Guidelines on Social, Environmental, and Economic Responsibilities of Businesses in India, GRI Standards (used as a reference)
Certifications: ISO 9001:2000, ISO 14001
Third-party Assurance: Self-verified by MUL
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 7 (Affordable and Clean Energy)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation, and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 17 (Partnerships for the Goals)
Various initiatives contribute to these goals as described in the report.
Sustainable Products & Innovation
- Four new sustainable products developed in 2022-23
Awards & Recognition
- Special President Trophy - 2022
- Best Employer - 2022
- Shiksha Bhushan Award (three times)
- Fierce Competitor Award from Motus