Climate Change Data

Environmental Metrics

ESG Focus Areas

• Reducing Carbon Footprint
• Waste Minimization (solid + water)
• People First
• Responsible and health-conscious product innovation
• Business Ethics, Responsible Sourcing, Product Safety and Quality, Cultivating Diversity

Environmental Achievements

• Installed 1 MW solar rooftop plant, generating 1500 MWh of energy (6% of annual consumption)
• Energy-efficient technologies leading to 12.86 MWh savings and 178 tons of CO2 saved
• Reduced freshwater intake by 30% by reusing wastewater to flush toilets
• Reusing glass cullets instead of fresh raw material to save 25% energy
• Saved 1,20,000 A5-sized papers and envelopes (equivalent to 18 lakh liters of water-saving and 30 trees annually) by going paperless with QR-coded volumetric glassware

Social Achievements

• Implemented an uncompromising people-first approach during the COVID-19 crisis, including providing two years of salary to the families of employees who died due to COVID-19 and paying for their children's education until graduation
• Distributed food packages and PPE kits to migrant laborers and donated glassware equipment to hospitals in local communities
• Continued skill development programs online and provided opportunities for multi-skilling
• Conducted induction programs online
• Maintained one-on-one contact with team members to check on their well-being and assist in resolving operational hassles
• Organized virtual yoga sessions and karaoke for stress relief and bonding
• Partnered with Indian Olympic Association as the Indian contingent's Hydration partner

Governance Achievements

• Established a Covid Steering Committee to review and tackle issues relating to COVID-19
• Implemented a Work From Home policy
• Implemented a Whistle Blower Policy

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic impacting operations and consumer confidence
• Supply chain disruptions due to the pandemic and geopolitical tensions with China
• Competition and pressure on consumer disposable income
• Fire at Bharuch warehouse resulting in loss of property and inventory

Mitigation Strategies

• Diversified customer base and go-to-market strategy
• Developing domestic vendors and alternative sourcing strategies
• Investing in online sales channels
• Adequate insurance in place to cover warehouse fire damages

Supply Chain Management

Responsible Procurement

• Sourcing from multiple vendors for critical inputs
• Long-term relationships with vendors

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines on Social, Environment, and Economic responsibilities of businesses

Sustainable Products & Innovation

• Laboratory Glassware
• Pharmaceutical Packaging
• Glassware consumer products
• Suraksha UV Disinfect Unit

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Investment
• Employee Well-being

Environmental Achievements

• Supporting the plantation of fruit trees in drought-prone areas to sequester carbon.
• Installation of a one-megawatt rooftop solar plant.

Social Achievements

• Prioritizing employee health and well-being through a hybrid working model.
• CSR contributions of Rs. 1.06 crore to four projects: Inspire Institute of Sports, Influencer Project (women empowerment), Seva Yagna Samiti, and Indian Cancer Society.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disruptions.
• Large fire at central warehouse in Bharuch.
• Waterlogging at warehouse in Bhiwandi.
• Supply chain challenges (chip shortage).

Mitigation Strategies

• Continued plant operations in accordance with advisories.
• Implementation of fire safety audit recommendations.
• Development of alternative sourcing strategies (backward integration for tubing).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Fire
• Waterlogging

Transition Risks

• Not disclosed

Opportunities

• Renewable energy investments
• Opportunities from single-use plastic ban

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Glass gas stoves
• Stainless-steel flasks
• Team India bottles
• Air fryers
• New models of juicers and sandwich makers
• Oil-filled heaters

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Integrity and ethical conduct
• Sustainable and safe product provision
• Employee well-being
• Stakeholder engagement
• Human rights
• Environmental protection
• Responsible policy engagement
• Inclusive growth
• Responsible consumer engagement

Environmental Achievements

• Jaipur plant achieved 100% utilization of broken/waste glass (cullets) in manufacturing.
• Bharuch plant recycled 6347 KL water (22.6% of total consumption) in FY 2022-23.
• Jaipur plant recycled 16,759 KL water (35.20% of total consumption) in FY 2022-23.
• Reduced CO2 emissions through solar power plant installations at Jaipur and Bharuch plants.

Social Achievements

• Maintained gender diversity of 23.24% (permanent plus contractual staff) at Jaipur plant.
• Maintained gender diversity of 34.15% (permanent plus contractual staff) at Bharuch plant.
• 100% return to work rate for permanent employees who took parental leave.

Governance Achievements

• Established robust monitoring processes and KPIs for data collection.
• Implemented a Code of Conduct and stringent governance practices.
• CSR committee responsible for reviewing and monitoring sustainability initiatives.

Climate Goals & Targets

Environmental Challenges

• Collating baseline data for preceding years.
• Increasing water stress due to changing rainfall patterns.
• Increasing emissions with growing production.
• Safeguarding consumer data with increasing digital adoption.
• Maintaining health and safety standards.
• Adhering to updated labour management regulations.
• Climate change risks to manufacturing and supply chain.
• Human rights violations.
• Supplier risks that do not align with company values.

Mitigation Strategies

• Implemented robust monitoring processes and defined KPIs for data collection.
• Water recycling, reuse, and zero-discharge systems.
• Technological upgrades to reduce emissions and optimize processes.
• Investment in renewable energy sources.
• Investment in cybersecurity plans and consumer data management policies.
• ISO certifications and initiatives for health and safety standards.
• Close monitoring of labour-related compliances.
• Identifying climate change risks and developing mitigation plans.
• Board-approved human rights policy and sustainable supply chain policy.
• Sustainable supply chain policy and supplier assessment framework.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Registered vendors; local procurement supply chain; contracts ensuring no child labour or human rights violations.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001-2015, ISO 17025:2017, GOST-R, SABER

Third-party Assurance: TUV SUD

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Silver medal in India Green Manufacturing challenge 2020-21 (Jaipur plant)
• National Award for Manufacturing competitiveness 2021-22 (Jaipur plant)
• National Award for Manufacturing competitiveness 2020 (Bharuch plant)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Water & Effluent Management
• Energy Efficiency & Management
• GHG Management
• Ecosystem & Biodiversity
• Product Development & Innovation
• Sustainable Packaging
• Data Privacy & Cyber security
• Human Rights
• Health, Safety & Employee Well Being
• Code of Conduct
• Labour Management
• Diversity, Equity & Inclusion
• Talent Development, Attraction, Engagement & Retention
• Regulatory Issues & Compliance
• Customer Relation
• Supply Chain Management

Environmental Achievements

• Achieved the reduction in Scope 1 emission of 0.32tCO2e/MT of Glass production against the target of 0.36tCO2e/MT
• Achieved the reduction in Scope 2 emission of 1.44tCO2e/MT of Glass production against the target of 1.62tCO2e/MT
• Achieved 41.97% of water recycling against the target of 44.17% for FY 2023-24.
• Installation of 8.6 MWp solar plant
• Replaced an energy efficient mould oven resulting in annual energy savings of 31,025 kWh
• Optimized the speed of various equipments, saving 9,15,000 kWh of energy annually
• Investment in enhancing Effluent Treatment plant (ETP) and Sewage Treatment Plant (STP) Facilities with a Zero Liquid Discharge (ZLD) system

Social Achievements

• Achieved 24.18% gender diversity for FY 2023-24 against the target of 23.24%
• Extended Code of Conduct to employees across the organisation and established preventive measures to combat breaches.

Governance Achievements

• Developed a Code of Conduct assessment module and start recording & monitoring no. of breaches of Code of Conduct
• Set up an ombudsman’s office & extend its responsibility to include suppliers & customer

Climate Goals & Targets

Environmental Challenges

• Rising temperatures and extreme weather events can disrupt our supply chain
• Stricter environmental regulations and growing consumer demand for sustainable products necessitate the company to decarbonize its operations
• Water and effluent management are particularly crucial for the Company given the demographics of its manufacturing operations
• GHG management is a material issue for the Company due to the inherent carbon footprint associated with its manufacturing operations
• Data privacy and cyber security risks
• Health and safety risks within the Company’s operations
• Labour management issues
• Homogenous workforce can stifle innovation and growth
• Talent management challenges
• Regulatory Issues & Compliance
• Supply Chain Management

Mitigation Strategies

• Investing in energy-efficient technologies and renewable energy sources
• Implementing sustainable sourcing practices
• Developing eco-friendly products
• Implementing water conservation measures, investing in rainwater harvesting systems, and exploring the use of recycled water
• Adopting advanced effluent treatment technologies
• Leveraging innovation and collaboration to address GHG emissions
• Implementing energy-efficient technologies, working with partners to promote sustainability across the value chain and exploring diversified energy sources
• Establishing a stringent cyber security framework and guidelines for safeguarding customer data
• Building a safe and healthy workplace through rigorous safety protocols, comprehensive employee training, and proactive health and wellness initiatives
• Fostering a positive work environment, promoting open communication, and providing competitive compensation and benefits packages
• Investing in employee/worker development and training programs
• Prioritizing transparent communication and recognition programs to enhance employee engagement and retention
• Implementing a robust compliance program
• Diversifying suppliers and reducing dependence on imports
• Strengthening supplier relationships and establishing contingency plans

Supply Chain Management

Responsible Procurement

• Sustainable sourcing policy
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Rising temperatures and extreme weather events

Transition Risks

• Stricter environmental regulations

Opportunities

• Developing eco-friendly products

Reporting Standards

Frameworks Used: SEBI (BRSR)

Certifications: ISO 9001-2015, SA 8000:2014

Third-party Assurance: Not Applicable

Awards & Recognition

• Silver medal in India Green Manufacturing challenge 2020-21
• National Award for Manufacturing competitiveness 2023-24