Climate Change Data

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