RESPONSIVE INDUSTRIES LIMITED
Climate Impact & Sustainability Data (2019-2020, 2023-04 to 2024-03)
Reporting Period: 2019-2020
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Replacement of CFL bulbs with LED lights, reducing energy consumption and eliminating the risk of toxic substances and UV radiation.
- Substitution of paper/printed correspondence with e-correspondence, reducing deforestation.
Social Achievements
- Maintaining cordial industrial relations at manufacturing facilities.
- Efforts to improve employability of the local community and engage small businesses around its plant.
Governance Achievements
- Compliance with the mandatory requirements of the SEBI Listing Regulations (LODR).
- Adoption of several non-mandatory requirements of SEBI Listing Regulations (LODR).
Climate Goals & Targets
Environmental Challenges
- Geopolitical realignments.
- Supply chain disruptions.
- Potential shutdowns due to COVID-19.
Mitigation Strategies
- The report mentions a documented Risk Management Policy and that the management team regularly identifies, reviews, and assesses risks and decides on appropriate guidelines for mitigating them.
- The company is trying to realize the dream of our honorable Prime Minister in being a Company on the lines of “Atmanirbhar Bharat”.
Supply Chain Management
Responsible Procurement
- Procurement practices focused on environmental protection and cost-effective resource efficiency.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Ind AS
Third-party Assurance: Shah & Taparia, Chartered Accountants
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:NIL
Scope 1 Emissions:NIL
Scope 2 Emissions:NIL
Scope 3 Emissions:NIL
Total Energy Consumption:2,39,42,435 units (electricity) + 3256.639 metric tonnes (fuel)
Water Consumption:1986.00 kilolitres (withdrawal)
Waste Generated:NIL
ESG Focus Areas
- Health, safety and environment
- Product Safety and Quality
- Data Privacy and Cyber Security
- Stakeholder engagement
Environmental Achievements
- Optimized processes to recycle and reuse waste in its own operations, minimizing waste leaving the company.
Social Achievements
- Several initiatives for employees and workers well-being have been undertaken by the Company. The annual free medical check-up is provided for workers, wellness and mental health ongoing services, and health related services at factory level.
- Ensured compliance with all applicable statutory requirements.
Governance Achievements
- The Company has an Anti-Corruption Compliance Policy, Whistle-Blower Policy, Code of Conduct for the Board and Senior Management and Code of Conduct for Employees and Vendors.
Climate Goals & Targets
Environmental Challenges
- Non-compliance with safety measures by employees could lead to disruption in operations.
- Protection of the Company’s vital documents and data privacy.
- Maintaining quality excellence and minimizing impact on health and environment.
Mitigation Strategies
- Providing a healthy work environment to increase productivity.
- Applying strong data protection measures to combat the risk of data loss.
- Manufacturing facilities comply with requirements of regulatory authorities.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI BRSR
Third-party Assurance: Not applicable