Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Reduced steam consumption by 3% on cane through various measures (Vuyyuru Unit)
• Increased organic carbon percentage in soil from 0.55% to 0.83% (Vuyyuru Unit)

Social Achievements

• Maintained harmonious employee relations, awarded for outstanding efforts in maintaining cordial Industrial Relations and Labour Welfare by Government of Andhra Pradesh
• Organized Mega Health Checkup camps, saplings plantation, digging recharge wells, promoting organic farming, supplying clean drinking water, veterinary and eye camps, blood donation camps, and donations for community development activities.

Governance Achievements

• Complied with Corporate Governance Norms and SEBI regulations.
• Established a Vigil Mechanism for Directors and Employees.

Climate Goals & Targets

Environmental Challenges

• Dearth in availability of farm labour
• Spurt in cane procurement prices
• Cyclical nature of industry and impact of local climatic conditions
• Sugar weightage in WPI
• Short crushing season
• Shrinkage of sugarcane area under cultivation

Mitigation Strategies

• Maintaining healthy relationships with farmers and timely payments
• Experiments in farm mechanization, drip irrigation, improved cane varieties, and scheduling of cane planting and harvesting
• Working with South Indian Sugar Mills Association (SISMA) to address policy issues
• Focus on value-added downstream products and integration of sugar with cogeneration power and alcohol

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: Indian Accounting Standards (Ind AS)

Certifications: BS EN ISO 22000:2005, BS EN ISO 9001:2000, and OHSAS 18001:2007

Third-party Assurance: Suri & Siva, Chartered Accountants

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bio-fertilizers

Awards & Recognition

• 2017 Best Management Award from Andhra Pradesh CM
• National Safety Awards (Vuyyuru and Lakshmipuram Units)

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Successfully installed and operated Vapour line Juice heater for Raw juice 1st stage heating achieved steam reduction by 1% on Cane.
• Second vapour utilized for Clear Juice Ist stage heating successfully, resulting steam of 0.8% on cane was reduced.
• Second vapour utilized for Vertical sugar melter successfully leads to the reduction in steam % cane by 0.1.
• Provided Low pressure vapour ( 3rd Effect ) for C Continuous vacuum pan and operated successfully resulting 0.5% on cane steam was reduced.
• Multiple effect evaporator operated as TEVC + Quad (with Exhaust provision to the TEVC first body only) throughout the season by managing vapour bleeding system effectively.
• Installed higher capacity, high head, energy efficient raw juice pump in place of age old pump to meet the crushing rate without any hindrances and operated successfully throughout the season.
• Sugar Cooling tower fan No. 4 of CI make was replaced with FRP and achieved successful operation with reduction in power consumption by 15 amps.
• Saving of power @ 0.25 kwh per ton of cane by installing cane unloader tipplers.
• Saved Rs. 11.50 Lakhs due to run of electrical feed water pump instead of steam turbine in single power turbine Installation
• Installed LED lights in place of MV and SV lamps and saved 45,500 units per annum.
• In 1st Tandem Mill, Pre-Leveller Motor of 150 HP was removed due to installation of new truck tippler system. Energy saved was 198000 units for the season
• For 12 MW Alternator Generator protection relay was replaced with new one to avoid nuisance tripping. Power plant tripping were eliminated and no process breakdowns. Due to which depletion of natural resources were reduced.
• Addition of 200 KVAR Capacitor Banks for the power system. To improve PF and reduce losses
• 94% of area was applied with organic manure. Irma Bio wonder is used as main component as organic manure. Organic carbon % was increased from 0.55 (2016-17) to 0.83 (2018-19).

Social Achievements

• The Employee relations scenario continued to be harmonious and congenial.
• Your Company has been awarded for outstanding efforts in maintaining cordial Industrial Relations and Labour Welfare by Government of Andhra Pradesh.
• Mega Health Checkup camps every year in coordination with Rotary Club, NGOs, to identify types of diseases by proper diagnosis and distribute medicines by involving doctors of corporate hospitals in various disciplines.
• Saplings plantation programme was organized by undertaking plantation in and around Vuyyuru, surrounding villages and our manufacturing facilities for the development of green cover.
• Further, the Company had developed avenue plantation on both sides of the highways and along the interior roads in Krishna District and this is an ongoing process every year.
• The Company has been digging re-charge wells to conserve the water and also widely encouraging drip irrigation as part of best water management practices by enlightening the farmers.
• The Company has subsidized to the farmers to an extent of 25% of the cost of the re-charge bore wells.
• The Company has been propagating the use of Bio-fertilizers manufactured in the Company’s Biotech facilities for application to the crops for better output and yield which enriches the land health and fertility.
• Bio insecticides are being used widely to discourage chemical insecticides.
• The Company has also been putting its efforts to supply clean potable drinking water in participation with Naandi Foundation and other NGO’s to nearby villages and educational institutions.
• The Company has also been organizing every year Veterinary Camps, Eye Camps in massive scale in entire Krishna District.
• Further, blood donation camps were organized and also were arranging blood donors to the needy patients among the Company’s employees.
• The Company has been donating for the construction of panchayat buildings, police stations, fire stations, veterinary hospitals, cyclone shelters, school buildings.
• The Company is also conducting periodically Immunization camps, family welfare camps and AIDS and polio awareness camps, etc.
• The Company has been conducting awareness programmes on pulse polio programme, AIDS, Population Day, World Olympic Day, etc, through involvement of voluntary organizations like Rotary Club, Lions Club, and Inner Wheel Club of Vuyyuru.
• The Company has been organizing camps / rehabilitation centres for fire and flood victims by providing food / utensils / cloths / medicines in times of natural calamities and fire accidents.
• The Company is donating liberally directly and through Rotary Club, NGOs and other Government agencies, for promotion of the following community development activities: Building houses for poor, Building Bus shelters and low cost individual toilets, Building roads, bridges and culverts for better connectivity, Helping Educational Institutions and children of rural areas to promote literacy, Liberally donating relief fund in times of natural disasters, Environment and safety awareness sessions conducted in nearby schools and villages, Financial assistance to poor patients for surgery, treatment, etc.

Governance Achievements

• Reappointment of three Independent Directors Dr. Vithal Rajan, Shri. M.S.V.M. Rao and Shri. Pratap K. Moturi for a second term of a five years from 01.04.2019 till 31.03.2024 in pursuance of section 149(10) of the companies Act, 2013 and other applicable provisions of the Companies Act, 2013 is recommended by the Board of Directors for the consideration of the Members through special resolutions.
• All the three independent directors have given a declaration in writing to the Board that they meet the criteria of independence as provided under section 149(6) of the Companies Act, 2013 in DIR-2 pursuant to Rule 8 of the Companies (Appointment and Qualification of Directors) Rules, 2014, and intimation in Form DIR-8 in terms of Companies (Appointment and Qualification of Directors) Rules, 2014 that they are not disqualified under section 164 (2) of the Companies Act, 2013.
• The Nomination and Remuneration Committee of the Board of Directors has recommended their reappointment for the second term of five years from 01.04.2019 to 31.03.2024, based on the evaluation.
• The Company has received notice under section 160 of the Companies Act, 2013, from a member signifying the intention to propose each of the candidates for the office of independent director, to be reappointed as such under the provisions of section 149 of the Companies Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Dearth in availability of farm labour for harvesting, transportation, loading and unloading of sugar cane and sugar.
• The spurt in cane procurement prices is expected to remain volatile for a couple of years.
• Cyclical nature of industry and local climatic conditions over the crop affecting both the quantity and quality of sugar cane available.
• Sugar weight-age in WPI.
• Short crushing season.
• Shrinkage of sugarcane area under cultivation due to growing urbanisation and availability of many alternate cash crops.

Mitigation Strategies

• The Company always maintains healthy relationship with its farmers. It is one among very few companies in sugar industry paying its farmers within the stipulated time.
• The risk of raw material short supply is mitigated to a large extent by the goodwill and reputation for ethical dealings earned by the Company since inception.
• The experiments in farm mechanisation, drip irrigation, improved cane varieties, carefully monitored scheduling of cane planting and harvesting boost the confidence of the Company in mitigation of the risk.
• The Company is a member of South Indian Sugar Mills Association (SISMA) and works closely with it towards developing appropriate policy recommendations to represent the industry needs to the government.
• Formulation of policy on Ethanol doping, review of cogeneration policy, and review of sugar weight-age in WPI are some of the issues addressed in close liaison with SISMA.
• More focus on value-added downstream products
• Integration of sugar with cogeneration power and alcohol.

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: Indian Accounting Standards (Ind AS)

Certifications: BS EN ISO 22000:2005, BS EN ISO 9001:2000, and OHSAS 18001:2007

Third-party Assurance: Suri & Siva (FRN. 004284S)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2018 Best Management Award – from Sri P Satyanarayana, Labour Minister , Government of Andhra Pradesh on May Day 1st May 2018 at Vijayawada.
• Best Cane Management Award (Platinum Award) –Presented in SISSTA’s Convention on 21.09.2018 at Chennai, Tamil Nadu
• Best Distillery Award (Silver Award) –Presented in SISSTA’s Convention on 21.09.2018 at Chennai, Tamil Nadu
• Winner – National Safety Award (Under Scheme III) – Based on Lowest Average Frequency Rate in Industry for the year 2015 – Awarded on 17.09.2017 at New Delhi by Minister of Labour, Government of India.

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Installation of new TRPF system for 5th mill in NKCP milling tandem to reduce Pol% Bagasse by about 0.2% and Moisture% by about 1%.
• Installation of Auto PH control system for syrup sulphitation to stabilize the syrup PH during the sulphitation process. Optimization of syrup PH minimizes the sulphur consumption by about 0.005% on cane and reduced the unknown sugar losses due to inversion by about 0.004%.
• Increase of heating surface of vapor line juice heater for the utilization of maximum quantity of waste heat generated from the NMS evaporator set, which saved about 0.8% in steam% cane.
• Installation of LED lights in place of MV and SV lamps, which saved about 29,450 KWH per annum.
• Arrangement of separate breaker for Positive Head Injection Water Pump Motor, which saved about 20,000 KWH during the season.

Social Achievements

• Maintaining cordial relationship with the cane growers and ensuring their continued support to the Company.
• Ensuring high standards of safety for its employees and periodically conducts meetings to minimize operational hazards.
• awarded with PRASHANSA PATRA, Safety Award in recognition for developing and implementing effective Management Systems and Procedures and achieving good performance in OSH for the Assessment Period of three years, 2017 to 2019 by National Safety Council of India.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Dearth in availability of farm labour for harvesting, transportation, loading and unloading of sugarcane and sugar.
• The spurt in cane procurement prices is expected to remain volatile.
• Cyclical nature of Sugar Industry and local climatic conditions will have an effect on the quantity and quality of sugarcane.
• Sugar weightage in WPI.
• Short crushing season.
• Shrinkage of sugarcane cultivation area due to growing urbanisation and availability of many alternate cash crops.

Mitigation Strategies

• The Company always maintains a healthy relationship with its farmers. It is one among very few companies in Sugar Industry, paying its farmers within the stipulated time.
• The experiments in farm mechanisation, drip irrigation, improved cane varieties, carefully monitored scheduling of cane planting and harvesting boost the confidence of the Company in mitigation of the risk.
• The Company focuses on value-added downstream products and integrates sugar with electricity and alcohol thereby insulating itself against price risk.

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: Indian Accounting Standards (Ind AS)

Certifications: ISO 14001:2015, ISO 9001:2015 and OHSAS 18001:2007

Third-party Assurance: M/s.Suri & Siva

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• bio compost
• anhydrous alcohol (ethanol)

Awards & Recognition

• PRASHANSA PATRA, Safety Award

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• ISO 14001:2015, ISO 9001:2015 and OHSAS 45001:2018 certifications for manufacture of sugar and derivatives, distillery products, calcium lactate, bio-fertilizers, solid and liquid carbon dioxide, mycorrhiza, cogeneration of electricity and associated activities.

Social Achievements

• Maintaining cordial relations with cane growers and ensuring their continued support.
• CSR activities broadly relate to: Promoting health care including preventive health care and sanitation and making available safe drinking water; Promoting education and employment, enhancing vocational skills; Eradication of poverty and ensuring better living conditions; Ensuring environmental sustainability, ecological balance, protection of flora and fauna, conservation of natural resources and maintaining quality of soil, air and water; Conducting relief operations in natural disaster hit areas and contribution to Government Disaster Relief Fund.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Risk of surge in sugar prices and drought inflated the international sugar prices.
• Rising fuel prices and inadequate tariff would limit the prospect for standalone power production during off-season.
• Escalating ethanol price could more likely prompt relatively lower cane mix for sugar.
• Stressed finances and realization challenge for power dues.
• Rise in transportation costs could affect sugarcane growing and pricing.
• Cyclical nature of Sugar Industry and local climatic conditions will have an effect on the quantity and quality of sugar cane and result in uncertain Production Output & Short crushing season;
• Unfolding Geo-political unrest from the recent Russia - Ukraine invasion will further impact the macro economic factors.

Mitigation Strategies

• The Company always maintains a healthy relationship with its farmers. It is one among very few companies in Sugar Industry, paying its farmers within the stipulated time.
• The risk of short supply of raw material is mitigated to a larger extent by the goodwill and reputation for ethical dealings earned by the Company since inception.
• The experiments in farm mechanisation, drip irrigation, improved cane varieties, carefully monitored scheduling of cane planting and harvesting boost the confidence of the Company in mitigation of the risk.
• The Company is a member of South India Sugar Mills Association (SISMA). The Company works closely with SISMA in the matter of developing appropriate policy recommendations to the Government in line with the Industry needs.
• Formulation of policy on ethanol doping, review of cogeneration policy and review of sugar weightage in WPI are some of the issues addressed in close liaison with SISMA.
• The Company focuses on value-added downstream products and integrates sugar with electricity and alcohol thereby insulating itself against price risk.

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: Indian Accounting Standards (Ind AS)

Certifications: ISO 14001:2015, ISO 9001:2015 and OHSAS 45001:2018

Third-party Assurance: M/s.Suri & Siva (FRN: 004284S)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bio-compost (Green Manure)

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities