Tirupati Graphite Plc
Climate Impact & Sustainability Data (2020-04 to 2021-03)
Reporting Period: 2020-04 to 2021-03
Environmental Metrics
Total Carbon Emissions:706.82 tCO2e (Scope 1) + 27 tCO2e (Scope 2) + 46 tCO2e (Scope 3)
Scope 1 Emissions:706.82 tCO2e
Scope 2 Emissions:27 tCO2e
Scope 3 Emissions:46 tCO2e
Carbon Intensity:411 kg CO2e/MT of product (Scope 1)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced GHG emissions through process optimization and development of SAGE technology, resulting in a 30% reduction in energy consumption and 50% extraction of waste as a by-product.
- Planted 18,623 trees in FY21.
- Achieved >85% graphite recovery from ore.
- Developed zero-HF, zero-waste purification technology.
- Achieved up to 68% yield for spherical graphite.
- Developed zero-chemical graphene production process.
- Saved >38,000 MT sand mining.
Social Achievements
- Created over 500 direct jobs in Madagascar and several hundred indirect jobs.
- Implemented a community engagement program ('Shakuntalam') addressing livelihood, health, hygiene, infrastructure, education, and skill development.
- Provided medical facilities, including a 24/7 health center, dispensing basic medicines and access to oxygen concentrators.
- Conducted regular Covid-19 testing and promoted vaccination drives.
- Zero fatalities since inception.
Governance Achievements
- Voluntarily adopted the QCA Code of Governance.
- Established an Audit Committee, Remuneration Committee, and Nomination Committee.
- Maintained effective communication and dialogue with shareholders.
Climate Goals & Targets
Long-term Goals:
- Develop new materials to contribute to global GHG emission reduction targets.
Medium-term Goals:
- Achieve net-zero emissions at processing operations by 2030.
- Use 100% renewable energy for processing by 2030.
- Achieve zero-carbon at corporate level by 2030.
Short-term Goals:
- Commissioning of 100kWh hydropower plant in Q1 2022.
Environmental Challenges
- High energy consumption in initial processing operations.
- Waste generation from mining and processing activities.
- Limited access to healthcare and education in operating communities.
Mitigation Strategies
- Developed SAGE technology to reduce energy consumption and extract waste as a by-product.
- Implemented zero-waste and zero-HF purification technologies.
- Developed a community engagement program ('Shakuntalam') to improve healthcare, education, and infrastructure.
Supply Chain Management
Responsible Procurement
- Local procurement in Madagascar (US$1.27m spent in FY21).
- Procurement in India (US$1.14m spent in FY21).
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and processes.
Reporting Standards
Frameworks Used: GRI Standards: Core option
Sustainable Products & Innovation
- Zero-chemical graphene
- Al-Gr Composite
- Halogen-free flame retardants