Ion Exchange (India) Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:12740 tCO2e/year
Scope 1 Emissions:3559 tCO2e/year
Scope 2 Emissions:9181 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:302720 m3/year
Waste Generated:14001 tons/year
Carbon Intensity:5.84 X 10ˉ⁷ t CO2e/ ₹
ESG Focus Areas
- Climate Change
- Water Management
- Waste Management
- Community Engagement
- Employee Well-being
- Governance
Environmental Achievements
- Annual diesel saving: 10,350 Ltr
- Reduction of Diesel Consumption intensity by 31% in FY 23-24 compared to FY 22-23
- 2288 KL of ETP RO permeate water reused
- Reduction of Water consumption intensity by 0.14 KL/MT in FY 23-24 compared to FY 22-23
- Successfully implemented rainwater recharging within a catchment area of 425 m², resulting in the annual recharge of 325 KL of groundwater
- Energy-Efficient Lighting: Installation of energy-efficient LED lighting systems has enhanced lighting efficiency by 50%
- Switchover to low carbon fuel i.e. Piped Natural Gas in place of Diesel in one Boiler. It resulted in 30% reduction of carbon footprint and 47% monetary saving.
Social Achievements
- Launched mentorship program to develop supervisory skills among employees
- Annual medical checkups, screening camps, health promotional activities, and awareness programs for employees
- Webinars on mental health and emotional wellness for employees
- Weight loss challenge for employees to improve physical health
- CSR initiatives through Ion Foundation focusing on community development and empowerment
Governance Achievements
- Established a dedicated core group to address sustainability-related issues
- Integrated ESG risks into Enterprise Risk Management framework
- Established a dedicated Stakeholders Relationship Committee to examine and redress complaints by shareholders
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Carbon Net Zero by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- Geopolitical tensions affecting international trade and investment
- Water scarcity, pollution, and inadequate infrastructure
- Global recessionary trends impacting export volumes
- Delayed customer clearances and shipping delays
Mitigation Strategies
- Exploring new markets and diversifying the product portfolio
- Strategic partnerships with technology leaders and research institutions
- Resilient supply chain management
- Investing in talent development
- Customer-centric approach
- Building capabilities domestically and in countries of interest
- Maintaining a healthy mix of profitable and relatively stable revenue streams
- Robust risk identification and mitigation framework
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
- Legal Compliance, Safety, Health and Environment Policy, adherence to ISO Certification, responsible resource utilization
Climate-Related Risks & Opportunities
Physical Risks
- Frequent droughts and/or uneven distribution of rainfalls due to climate change
Transition Risks
- Stricter regulations to ensure the sustainable use and management of water resources
Opportunities
- Growing emphasis on sustainable development and smart city initiatives
Reporting Standards
Frameworks Used: BRSR
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 13485, WHO GMP, GMP, GLP, REACH, GOTS, Kosher, Halal, NSF, ZDHC, NABL
Third-party Assurance: TUV-SUD South Asia Pvt. Ltd
UN Sustainable Development Goals
- 6
- 7
- 9
- 11
- 12
- 13
Ion Exchange's products and services contribute to achieving multiple SDGs through sustainable water and environment management solutions.
Sustainable Products & Innovation
- Energy-efficient products
- Green Chemistry products
- New ion exchange resins and adsorbents
- ZeroB Hydrolife range
- Fully Automatic Bathroom Softeners
- portable hot & normal water purifiers
- Auto Quencher
Awards & Recognition
- Not disclosed