Climate Change Data

Bajaj Consumer Care Ltd.(BCCL)

Climate Impact & Sustainability Data (2023-04 to 2024-03, FY2021-22)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Renewable Energy Share:30%
Waste Generated:2989 MT

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption by 9.5%
  • Reduced water consumption by 28%
  • Reduced Scope 1 & Scope 2 GHG emission by 11%
  • 2989 MT Plastic waste collected and recycled
  • 2400+ trees planted through Miyawaki Plantation drive

Social Achievements

  • CSR Investment of ₹4,38,46,000
  • 22,832 people reached through CSR activities
  • Great Place to Work certification for the 6th consecutive year

Governance Achievements

  • 100% Shareholders grievance redressed
  • 100% Compliance to EPR

Climate Goals & Targets

Long-term Goals:
  • Double-digit CAGR over the next five years
Medium-term Goals:
  • Carbon neutrality in operations by FY 30 for Scope 1 and 2
Short-term Goals:
  • Water neutrality within the next two years

Environmental Challenges

  • Subdued rural markets due to high consumer price index
  • Fluctuations in raw and packing material prices
  • High attrition rate
  • Inadequate supply of raw materials due to supply chain disruptions
  • Changes in consumer preferences and competitive intensity
  • Climate change and its impact on business
Mitigation Strategies
  • Specific pack-level actions and expanded distribution footprint
  • Cost-reduction initiatives and development of alternate vendor relationships
  • Integrated retention initiatives and strong employee engagement platforms
  • Developing alternate vendors, plant locations, or increasing inventories
  • Strong innovation program to address emerging consumer trends
  • Measurable plans with targets for a sustainable business

Supply Chain Management

Responsible Procurement
  • Sustainable sourcing policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, IIRC, BRSR

Certifications: ISO 45001, ISO 9001, ISO 14001, GMP, HALAL, NABL, FSSAI, FDA & AYUSH

Third-party Assurance: NA

Awards & Recognition

  • Best AI-powered marketing strategy at the DM Asia Sparkies Awards 2023
  • Gold award for BTL rural marketing at the ACEF Asian Leaders Summit
  • Special Commendation for Golden Peacock HR Excellence Award (GPHREA) 2023

Reporting Period: FY2021-22

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable Packaging
  • Conservation of resources at plants
  • Optimisation of transportation of material

Environmental Achievements

  • Reduced water consumption by 27% in H2FY22 over last year
  • Reduced distance travelled per litre of finished product by 10% in FY22 over last year
  • Reduction in consumption of glass bottles by 16%, paper by 7%, and laminates by 14%
  • Successfully completed trials of recyclable laminates for commercial production
  • Collected and disposed of 100% of plastic as per commitment

Social Achievements

  • Bajaj Consumer Care Ltd. certified as a Great Place to Work© by the Great Place to Work (GPTW) Institute for the 4th consecutive year

Governance Achievements

  • Not disclosed

Climate Goals & Targets

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

Environmental Challenges

  • Inflationary pressures impacting consumer spending
  • Slow down in demand coupled with downtrading in rural markets
  • Issues in supplies of other edible oils leading to lesser than expected price correction in RMO
Mitigation Strategies
  • Rigour in Wholesale to regain distribution to pre-covid levels and expansion of the Wholesale loyalty program to Rural markets
  • Further strengthening Retail across top towns with a new retail activation program
  • Focussed brand led initiatives and distribution drives planned in Q1 to continue building up the momentum in Amla Portfolio

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: Great Place to Work©

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Recyclable laminates

Awards & Recognition

  • Great Place to Work©