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©