Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethical Conduct
• Sustainable Practices
• Employee Well-being
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Inclusive Growth
• Responsible Consumer Engagement

Governance Achievements

• Established a Vigil Mechanism for reporting misconduct.
• Implemented policies to manage conflicts of interest.
• Established a Policy on Selection & Remuneration of Directors and KMP.
• Implemented a Policy on Prevention of Sexual Harassment.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, National Guidelines on Responsible Business Conduct (NGRBC) 2018

Environmental Metrics

ESG Focus Areas

• GHG Emissions
• Water and Wastewater Management
• Waste and Hazardous Material Management
• Energy Efficiency
• Human Rights
• Community Relations
• Employee health and safety
• Product Design, Safety and life cycle management
• Business Ethics and Legal Compliance
• Governance

Environmental Achievements

• Implementation of a 2.5 MW solar power project at Sunbless Solar Park, Maharashtra, reducing reliance on non-renewable energy sources.
• Improved wastewater management via ETP plant.
• Efficient Water Recycling: Vidhi directs 80 KL of process water to a Multi Evaporate Plant, where the treated water is repurposed for gardening and domestic use.
• Comprehensive Wastewater Treatment: The remaining process water undergoes thorough treatment at Vidhi’s Effluent Treatment Plant (ETP), which includes both primary and secondary treatment stages.
• Rainwater Harvesting

Social Achievements

• Regular health and safety counseling sessions, annual health check-ups for all employees, and the issuance of health cards to monitor and maintain employee well-being.
• Ongoing Training and Safety Awareness programs
• Commitment to Human Rights: Vidhi is dedicated to upholding and advancing human rights standards through well- established policies and procedures.

Governance Achievements

• Established robust system of internal controls to ensure accurate reporting and adherence to all applicable regulatory requirements and internal guidelines.
• Implemented a comprehensive code of conduct, along with whistle blower and insider trading policies, to protect the interests of investors and other key stakeholders.

Climate Goals & Targets

Environmental Challenges

• GHG Emissions from chemical production.
• Water scarcity and costs due to overuse, pollution, and climate change.
• Waste and hazardous material management from chemical production.
• High energy consumption in chemical production.
• Human rights risks related to fair labor practices, health and safety, and community relations.
• Community relations challenges related to environmental impact, community health, and process safety.
• Employee health and safety risks from heavy machinery, hazardous materials, extreme conditions, and electrical hazards.
• Business ethics and legal compliance risks.
• Governance risks that can undermine stakeholder trust, damage reputation and disrupt business.

Mitigation Strategies

• Transition to Renewable Energy: Vidhi is actively reducing its reliance on non-renewable energy sources by implementing a 2.5 MW solar power project at Sunbless Solar Park, Maharashtra.
• Energy Efficiency Enhancements: The company is modernizing its operations by replacing outdated equipment with energy-efficient alternatives.
• Air Quality Monitoring: Vidhi ensures compliance with air quality standards by conducting regular technical inspections to monitor and control emissions.
• Emission Control Measures: The installation of wet scrubbers on HCL, Oleum, and H2SO4 tanks is part of Vidhi’s commitment to reducing hazardous emissions.
• Wastewater Management: The company has installed two Reverse Osmosis (RO) systems at its Dahej facility to treat wastewater.
• Focus on Energy Conservation: Vidhi prioritizes energy conservation across its operations.
• Efficient Water Recycling: Vidhi directs 80 KL of process water to a Multi Evaporate Plant, where the treated water is repurposed for gardening and domestic use.
• Comprehensive Wastewater Treatment: The remaining process water undergoes thorough treatment at Vidhi’s Effluent Treatment Plant (ETP), which includes both primary and secondary treatment stages.
• Rainwater Harvesting: Vidhi actively harvests rainwater, collecting it for use in gardening and various operational activities.
• Responsible Waste Management: Vidhi adheres to stringent pollution control board guidelines for waste management and disposal.
• Hazardous Waste Disposal: The company responsibly manages hazardous waste, including ETP sludge, by collecting and sending it to Mumbai Waste Management Limited (MWML) for proper treatment and disposal.
• Calorific Value Management: Vidhi ensures that waste with a calorific value below 3000 kcal/kg is appropriately handled.
• Commitment to Renewable Energy: Vidhi is dedicated to responsible energy use by integrating renewable sources, such as solar power, to decrease dependence on non-renewable energy.
• Carbon Footprint Reduction: The company actively works to minimize its carbon footprint through sustainable practices.
• Energy-Efficient Operations: Vidhi utilizes modern, energy-efficient equipment to reduce pollution.
• Commitment to Human Rights: Vidhi is dedicated to upholding and advancing human rights standards through well- established policies and procedures.
• Reporting Mechanism: Employees can report any violations to the Head of the Department, with the option to escalate concerns to the CFO if necessary.
• Internal Compliance Committee: Depending on the nature of the issue, complaints can also be directed to the Internal Compliance Committee.
• Human Rights Training: The company regularly conducts human rights training to raise awareness among employees and ensure adherence to proper conduct.
• The company recognizes the vital role our communities play and are committed to prioritizing their health and safety and well-being.
• Commitment to Safety: Vidhi upholds the highest safety standards, actively working to prevent workplace hazards through skill enhancement, effective communication, and rigorous training programs.
• Comprehensive Safety Training: The company conducts regular training sessions, including Fire Drills, First Aid and Medical Emergency Procedures, Material Handling, Chemical Safety, and Food Safety, to ensure employees are well-prepared for any potential risks.
• ISO Certifications: Vidhi’s dedication to quality, environmental care, and safety is reflected in its ISO 9001:2015 and ISO 22000:2005 certifications.
• Health and Well-being: The company prioritizes the health of its factory workers by providing regular medical check-ups and ensuring a safe working environment.
• Risk Identification and Management: Vidhi conducts regular HACCP (Hazard Analysis and Critical Control Points) and HAZOP (Hazard and Operability Study) analyses to proactively identify and address any risks or hazards that could impact employee safety and well-being.
• Through the implementation of comprehensive policies, ongoing training, stringent internal controls, and effective monitoring mechanisms, the Company maintains integrity and compliance with applicable laws.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 9001:2015, ISO 22000:2018, Kosher, Halal, HACCP, FSSAI, GMP

Third-party Assurance: Not Applicable