Climate Change Data

Greaves Cotton Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:126.30 tCO2eq/MwH (Scope 1) and 6,815.51 tCO2eq/MwH (Scope 2)
Scope 1 Emissions:126.30 tCO2eq/MwH
Scope 2 Emissions:6,815.51 tCO2eq/MwH
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:45,440.55 GJ/year
Water Consumption:103,446.37 KL/year
Waste Generated:1,466.60 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Social Well-being
  • Governance and Ethics

Environmental Achievements

  • Reduced waste by adopting recyclable pallets (~220 tonnes of corrugated boxes annually) and reusing carton boxes.
  • Reduced plastic waste by returning polythene covers to vendors (~200 tonnes annually).
  • Implemented Zero Liquid Discharge in Aurangabad and Ranipet plants.
  • Rainwater harvesting and reuse of treated wastewater for gardening.

Social Achievements

  • Implemented various employee well-being measures including health insurance, accident insurance, and maternity benefits.
  • Conducted training programs on health and safety, skill upgradation, and leadership.
  • Implemented grievance redressal mechanisms including SAMVAAD and a Whistle Blower Policy.

Governance Achievements

  • Implemented a Code of Conduct emphasizing ethical conduct and anti-corruption measures.
  • Established a Supplier Code of Conduct promoting responsible business practices.
  • Conducted Human Rights due diligence at some plant sites.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Product safety and quality risks.
  • Sustainable supply chain risks (environmental issues, cost increases, regulatory issues).
  • Protection of human rights risks.
  • Occupational health and safety risks.
  • Cybersecurity and data privacy risks.
Mitigation Strategies
  • Stringent quality control methods and ISO 9001:2015 implementation.
  • Supplier Code of Conduct, due diligence of suppliers, training and awareness programs.
  • Human Rights Policy and assessment of operations on Human Rights aspects.
  • Occupational health and safety management system, training and awareness programs.
  • Strong systems, processes, and policies to ensure data privacy and protect against cybersecurity risks, business continuity plan.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: National Guidelines on Responsible Business Conduct (NGRBCs), United Nations Sustainable Development Goals (SDGs)

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, IATF 16949:2016

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16
  • Goal 17

Mapped against NGRBC principles.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:9539.9 tCO2e (Scope 1 & 2)
Scope 1 Emissions:1356.97 tCO2e
Scope 2 Emissions:8182.93 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:75,078.92 GJ
Water Consumption:117,016.92 kl
Waste Generated:2,579.84 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Social Well-being
  • Governance and Compliance

Environmental Achievements

  • Reduced energy consumption through various initiatives like cold testing of engines, installation of energy-efficient equipment, and solar rooftop systems.
  • Implemented Zero Liquid Discharge approach at several plants, reusing treated wastewater for gardening.
  • Reduced waste generation through recycling and reuse of materials.

Social Achievements

  • Implemented various employee well-being measures, including health insurance, accident insurance, and maternity benefits.
  • Conducted human rights due diligence across manufacturing facilities.
  • Provided training programs on health and safety, skill upgradation, and human rights.

Governance Achievements

  • Established robust policies and procedures for ethical conduct, transparency, and accountability.
  • Implemented an anti-corruption and anti-bribery policy.
  • ESG & CSR Committee responsible for sustainability-related decisions.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Product safety and quality risks.
  • Sustainable supply chain risks.
  • Environmental sustainability challenges.
  • Protection of human rights risks.
  • Occupational health and safety risks.
  • Cybersecurity and data privacy risks.
  • Corporate governance and regulatory compliance risks.
Mitigation Strategies
  • Stringent quality controls and standard operating procedures.
  • Supplier Code of Conduct, due diligence, and training programs.
  • Investing in environmental sustainability initiatives.
  • Human Rights Policy and assessment of plant operations.
  • Robust occupational health and safety management system and training programs.
  • Strong systems, processes, and policies for data privacy and cybersecurity.
  • Measures to enhance governance practices and ensure regulatory compliance.

Supply Chain Management

Supplier Audits: 34% of value chain partners assessed for ESG criteria

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 9001:2015, IATF 16949:2016, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Agile ESG Advisors Private Limited

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16
  • Goal 17

Initiatives mapped against SDGs and NGRBC principles.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed