Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance

Environmental Achievements

• Developed sustainable crop nutrition products
• Solvent recovery and recycling across all process chemistry projects
• Sustainable formulation development (water-based, vegetable oil-based, non-solvent-based)
• Energy saving: CFL to LED (monthly saving of 2,000 units)

Social Achievements

• Various CSR projects focusing on watershed, education, skill development, and entrepreneurship
• Work with underprivileged communities to improve livelihoods
• Implementation of CSR Policy, Affirmative Action Policy, Diversity & Inclusion Policy, and Business & Human Rights Policy

Governance Achievements

• Adoption of the Tata Code of Conduct (TCoC)
• Establishment of a Board level Safety, Health, Environment and Sustainability (‘SHES’) Committee
• Implementation of Anti-Bribery and Anti-Corruption (ABAC) Policy

Climate Goals & Targets

Environmental Challenges

• Reducing carbon emissions
• Managing waste
• Ensuring safe and healthy workplace

Mitigation Strategies

• ‘30 by 30’ initiative targeting 30% absolute reduction of carbon emission by 2030
• Implementation of waste management practices (recycling, reusing, incineration, landfilling)
• Strengthening process safety through automation, safety audits, and TfS audit

Supply Chain Management

Supplier Audits: 90% for third party formulations and 70% warehouse operations

Responsible Procurement

• Guidelines on Environment Health & Safety Policy, Legal Compliance, Adherence to TCoC, ISO Certification

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Tata Code of Conduct, UN SDGs

Certifications: ISO 14001, OHSAS 18001

Third-party Assurance: Ernst & Young Associates LLP (2021-22), Price Waterhouse Chartered Accountants LLP (2020-21)

Sustainable Products & Innovation

• Sustainable crop nutrition products

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Societal initiatives
• Long-lasting partnerships
• Cost optimisation
• Human rights

Environmental Achievements

• Installed a roof top solar electricity generation plant with a capacity of 309 KV at Akola unit, generating 2.42 lakh kW hours of electricity and achieving 198 MT CO2 emission reductions.
• Continued operation of 4 Mega Watt (mW) solar power plant at the unit in Dahej, Gujarat, receiving a rebate of 5,212 mW hours per annum.
• Implemented various energy conservation measures at Ankleshwar, Lote, and Dahej units resulting in significant energy savings.
• Achieved ISO-50001 certification on energy management for two units, Dahej and Ankleshwar.

Social Achievements

• Farmer Engagement Programme initiatives including Rallis Samrudh Krishi® (RSK 2.0) and Samrudh Krishi (SK), benefiting over 3,800 farmers.
• Hybrid seed production programme engaging with about 14,000 growers.
• More than 7,960 volunteering hours achieved through various activities with 497 employees actively participating.
• Jal Dhan water conservation program benefiting more than 2.55 lakh villagers and harvesting 3.28 million cubic meter water.

Governance Achievements

• Adopted ‘Business and Human Rights Policy’.
• Revised Risk Management Policy and Terms of Reference of the Risk Management Committee.
• Revised CSR Policy and Charter of the Committee.
• Adopted a Policy on Prevention, Prohibition and Redressal of Sexual Harassment in line with the POSH Act.

Climate Goals & Targets

Environmental Challenges

• Challenges posed by the pandemic and other volatile business factors.
• Volatility and uncertainty arising from the recent geopolitical crisis.
• Erratic and uneven distribution of monsoon impacting the seeds business.
• Crop shifts, Covid-19 situation, erratic monsoon, illegal HTBt cotton and reduced hybridisation impacting the seeds industry.

Mitigation Strategies

• Continued to leverage its strengths and expertise for supporting business growth as well as prioritising safety and well-being of its employees and other stakeholders.
• Working to navigate the volatility and uncertainty arising from the recent geopolitical crisis.
• Maintaining Covid-19 safety protocols and securing a threshold base for its hybrids.
• Disciplined management of fixed costs and ensuring availability of products for the next financial year.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO-50001

Sustainable Products & Innovation

• PePe (Penoxsulam 1% + Pendimethalin 24% SE)
• Prodim (Clethodim 24% EC)
• Zaafu (Hexaconzole 0.5% GR)
• AQUAFERT® Foliar Cotton
• AQUAFERT® Foliar Apple

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Societal Initiatives
• Digitization
• Long-lasting Partnerships
• Farmer Safety
• Human Rights

Environmental Achievements

• Installation of Solar Street light and Rooftop Solar in the Rallis Colony at Ankleshwar
• Installation of energy efficient transformer with OLTC
• Installation of Variable Frequency Drive (VFD) at cooling tower pump
• Waste heat recovery system in utility air compressor is being installed
• Replacement of old motors and pumps with Energy efficient motors and pumps
• Heat recovery systems were installed at utility air compressors
• A rooftop solar electricity generation plant with a capacity of 309 kWp was installed and commissioned at the Akola unit
• A rooftop solar electricity generation plant with a capacity of 10 kWp was installed and commissioned in the Rallis Colony at Ankleshwar
• A hybrid (wind + solar) electricity agreement with a capacity of 1.1 MW was signed off at Ankleshwar
• The Company continued to operate its 8 TPH Boiler at Dahej Unit, 4 TPH Boiler at Lote Unit and 1.5 TPH Boiler at Dahej CZ Unit using Biomass Briquette as fuel

Social Achievements

• Rallis Samrudh Krishi (RSK) focuses on understanding farmer needs and suggesting solutions
• Samrudh Krishi (SK) delivers Good Agriculture Practices to over 5,000 customers
• Drishti, a digital initiative for climate-smart agriculture, won CII-DX and NASSCOM awards
• More than 12,600 volunteering hours achieved through various CSR activities with 755 employees actively participating
• Focus on water conservation through rainwater harvesting, groundwater recharging, and soil conservation
• Educational initiatives (RUBY) focusing on Science, English, Mathematics, and special children
• Support for schools by providing teachers, especially in Science, English, and special education
• Unnat gram initiative to convert a backward Tribal Village into a Model Tribal Village
• Integrated Village Development focusing on Education, Health, and Skilling in 8 villages

Governance Achievements

• Adopted a Dividend Distribution Policy
• Appointed Ernst & Young LLP to review and validate Related Party Transactions (RPT) processes
• All RPTs are placed before the Audit Committee for review and approval
• Implemented a comprehensive Risk Management framework
• Established a Risk Management Committee chaired by an Independent Director
• Internal financial controls based on the ‘three lines of defence model’
• Engaged Ernst & Young LLP and Mahajan & Aibara LLP for reviews
• Annual evaluation of Board performance, Directors’ performance, and Committees’ working
• Adopted a Remuneration Policy for Directors, KMP, and other employees
• Adopted the governance guidelines on Board effectiveness
• Adopted the ‘Business and Human Rights Policy’
• Online compliance management system for monitoring compliances

Climate Goals & Targets

Environmental Challenges

• Impact of climate change on agriculture (adverse wheat yield, decline in Kharif Paddy sown area)
• Reassessment of intangible assets under development resulting in impairment of technical know-how
• Reassessment of future sales potential resulting in provision for slow-moving inventory in seeds
• Pest incidents were relatively low and missed sprays due to adverse weather conditions impacted insecticide business
• Fungicide demand was relatively low due to weather conditions and low disease incidence
• Significant devaluation of currency against the dollar impacted sales volume of formulation products

Mitigation Strategies

• Strengthening portfolio across crops (herbicides)
• Optimizing costs to improve margins for sustained growth
• Leveraging strong channel engagement, customer loyalty, and diversified portfolio
• Adapting to changing market dynamics
• Price increase to offset volatile and high input costs

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• adverse yield impact in wheat due to early heat wave
• decline in the sown area in Kharif Paddy due to delayed monsoons and deficient rainfall

Sustainable Products & Innovation

• Daksh Plus
• Clasto
• Capstone
• Castillo
• Clue
• Dext
• Onto
• Zaafu
• Ayaan
• Pepe
• Preetplus
• Rallizin
• Paclo
• GeoGreen P plus GR

Awards & Recognition

• CII-DX award under the ‘Most Innovative’ category
• NASSCOM Enterprise Cloud Adoption Awards ‘22

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Process and Product Innovation
• Supply Chain Management
• Climate Change Mitigation and Adaptation
• CSR

Environmental Achievements

• Committed to Science Based Targets initiative (SBTi) to reduce absolute carbon emission by 30% by 2030
• Progressing towards Net Zero Carbon
• Ankleshwar and Akola units achieved 100% recycle of treated water

Social Achievements

• Various CSR projects focusing on education, skill development, and entrepreneurship
• Work with underprivileged, disabled, and affirmative populations to improve livelihoods
• Implemented Unnat Gram initiative in 5 villages in Narmada district

Governance Achievements

• Adopted Tata Code of Conduct (TCoC)
• Established a Board-level Safety, Health, Environment and Sustainability Committee
• Implemented Anti-Bribery and Anti-Corruption (ABAC) Policy

Climate Goals & Targets

Environmental Challenges

• Health & Safety risks
• Supply chain disruptions
• Non-compliance with legal and regulatory environment
• Climate change impacts

Mitigation Strategies

• Continual improvement in responsible manufacturing and lead indicator tracking
• Investment in new capacities and efficient logistics
• Regular review of new regulatory requirements
• Climate adaptation study

Supply Chain Management

Supplier Audits: 100% of 18 critical value chain partners assessed

Responsible Procurement

• Sustainable procurement policy
• sourcing guidelines on Environment, Health & Safety Policy
• Legal Compliance
• Adherence to TCoC
• ISO Certification

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Multiple SDGs

Company endeavors to address a majority of the 17 Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

• Water based, vegetable oil based, non-solvent based formulations
• Green and blue triangle pesticide category formulations
• Sustainable crop nutrition products

Environmental Metrics

ESG Focus Areas

• Sustainability
• Safety
• Health
• Environment
• Governance

Governance Achievements

• Established a robust corporate governance framework aligned with SEBI Listing Regulations and the Tata Code of Conduct.
• Implemented various policies including Code of Conduct for Prevention of Insider Trading, Code of Corporate Disclosure Practices, Anti-Bribery & Anti-Corruption, Anti-Money Laundering Policies, and Business and Human Rights Policy.
• Conducted annual performance evaluation of the Board, its committees, and individual directors.
• Established an Ethics Helpline managed by an independent organization.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI Listing Regulations, Companies Act, 2013, Tata Code of Conduct

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Process and Product Innovation
• Supply Chain
• Management of the Legal & Regulatory Environment
• Climate Change Mitigation and Adaptation

Environmental Achievements

• Committed SBTi to reduce absolute carbon emission by 30% by 2030
• Progressing towards Net Zero Carbon emission
• Climate adaptation study for organisation
• Ankleshwar Dahej CZ and Akola developed capability for 100% recycling of treated water.

Social Achievements

• Various CSR projects around manufacturing units with specific focus on education, skill development and employability/entrepreneurship
• Works with underprivileged, persons with disability and affirmative population to improve livelihood and overall development of the communities it serves

Governance Achievements

• Adopted the Tata Code of Conduct (TCoC)

Climate Goals & Targets

Environmental Challenges

• Health & Safety risks impacting people and communities and potentially disrupting operations
• Supply chain disruptions due to market disruptions
• Non-compliance with legal and regulatory environment impacting brand image and customer trust
• Demand order for ₹ 5,64,48,207/- plus interest and penalty under the CGST Act, 2017 and IGST Act, 2017

Mitigation Strategies

• Continual improvement in responsible manufacturing and lead indicator tracking
• Felt leadership and stakeholder engagement to promote safety culture
• Digitalisation and data analytics
• Safety risk assessment and audit
• Implementation of Process Safety and Risk Management (PSRM) and Behaviour based Safety (BBS)
• Investment in new capacities and maintaining existing ones to manufacture quality products and build inbound/ outbound logistics
• Optimising outbound logistics and modes to enhance customer service and reduce freight cost
• Regulatory Software (LCM) - monthly tracking system
• Review of new requirements
• Periodical assurance to the top management
• Filed an appeal with the Commissioner (Appeals) – GST, Hyderabad

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement

• Sustainable procurement policy sourcing guidelines on Environment, Health & Safety Policy, Legal Compliance, ISO Certification, Adherence to TCoC, etc.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI LODR, GRI

Certifications: ISO 14001, ISO 45001, ISO 9001, NABL

Third-party Assurance: KPMG Assurance and Consulting Services LLP