Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility

Environmental Achievements

• Energy conservation continues to receive priority attention at all levels. All efforts are made to conserve and optimize use of energy with continuous monitoring, improvement in Maintenance systems and through improved operational techniques.
• The Company continues its in-house programme of enlightening and educating its employees for better fuel efficiency.

Social Achievements

• The Company has in place Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
• The internal committee has been set up to redress complaints received regarding sexual harassment. All employees are covered under this policy.

Governance Achievements

• The Company has complied with all the regulations stipulated by the Securities Exchange Board of India (SEBI) in the Listing Agreement(s).
• The Company has a vigil mechanism named Whistle Blower Policy which is in compliance with the provisions of Section 177(10) of the Companies Act, 2013 and Clause 49 of the Listing Agreement

Climate Goals & Targets

Environmental Challenges

• The entire transport sector bore the brunt of industrial slowdown over the past 5 years where production levels and demand slumped.
• High fuel prices, lack of skilled manpower and infrastructural bottlenecks.
• The condition of roads except for a few highways remains poor leading to high maintenance costs.
• The current overall logistics market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled manpower and infrastructural bottlenecks.
• Increasing competition in the Express Cargo industry.
• Matching upto the rising expectations of the customer, expanding the network to reach hitherto uncovered areas, containing rising fuel and freight costs and retention of manpower.
• The aviation logistics in the country today is confronted with multitude of issues like inordinate dwell times, missing and non-traceable cargo, damaged cargo, lengthy cargo processing times and queues at the cargo terminals, etc.
• Air cargo infrastructure in India is seldom planned for medium and long term requirements and thus is woefully inadequate and overloaded.
• Lack of enabling infrastructure, lack of automated material handling systems, high manual intervention in the processes and inadequate skilled man power are some of the key areas where Indian air cargo industry lags behind.
• Volatility of fuel prices and competition from rail and sea could affect air cargo industry.
• There is an acute shortage of trained manpower in the air cargo sector.

Mitigation Strategies

• All efforts are made to conserve and optimize use of energy with continuous monitoring, improvement in Maintenance systems and through improved operational techniques.
• The Company continues its in-house programme of enlightening and educating its employees for better fuel efficiency.
• The Company is achieving higher margin in its retail express cargo business as compared with normal Road Freight business.
• The Company is pursuing and studying expansion into warehousing.
• Focus on skilled manpower, technology adoption and competitive pricing are the key strategies to expect a sustainable growth trajectory in the business.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)

Social Achievements

• Spent ₹22,93,430 on CSR activities, including donating a vehicle to Tata Memorial Hospital and contributing to a project helping children with congenital heart defects.

Governance Achievements

• Complied with all regulations stipulated in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• Established a Whistle Blower Policy.
• Adopted a Code of Conduct for Directors and Senior Management.

Climate Goals & Targets

Environmental Challenges

• Impact of Jet Airways' suspension of operations on air cargo business in March 2019.
• Weak cross-border trade slowing economic growth.
• Inefficiencies in transportation, poor condition of storage infrastructure, complex tax structure, low rate of technology adoption, and poor skills of logistics professionals (Surface Transport and Logistics).
• Airport Infrastructure bottlenecks for Air Cargo growth.
• Increasing fuel prices increasing operating costs.

Mitigation Strategies

• Sale of surface transport business to strengthen profitability and pursue growth opportunities in warehousing.
• Construction of warehouse facility at Bangalore and acquisition of land in Chennai for warehouse construction.
• Plans to increase efficiency of operations with reduced cost.
• Focus on improvement in the Ease of Doing Business in India coupled with Government initiatives like ‘Make in India’, and ‘Digital India’.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Health
• Education
• Environment
• Ethnicity
• Sports
• Support to Technology Incubators

Social Achievements

• Spent ₹9,87,667 on CSR activities focusing on healthcare, education, environment, ethnicity, sports, and support for technology incubators.

Governance Achievements

• Implemented a Whistle Blower Policy in compliance with Section 177(10) of the Companies Act, 2013 and Regulation 22 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015.
• Adopted a Code of Conduct for Directors and Senior Management.
• Adopted the ‘Patel Integrated Logistics Limited - Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders’ and ‘Patel Integrated Logistics Limited - Code for Fair Disclosure’ in line with SEBI (Prohibition of Insider Trading) Regulation, 2015.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disrupted business operations, particularly air cargo due to limited airline operations.
• High fuel costs reducing profitability.
• Highly unorganized and fragmented warehouse industry in India with high inventory holding costs, higher storage costs, and improper material handling.

Mitigation Strategies

• Divested its Patel Roadways Division to strengthen profitability.
• Taking necessary measures to mitigate the impact of COVID-19 challenges.
• Constantly reviewing and updating operations and products to meet market needs.
• Construction of warehouse facility at Bangalore completed, and land acquired in Chennai for future warehouse construction.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Education
• Support for women, elderly people, children and social inclusion
• Health
• Environment
• Ethnicity
• Sports
• Support to Technology Incubators

Social Achievements

• Spent ₹ 2,99,520/- on CSR activities, including donating medical equipment for a mobile medical van.

Governance Achievements

• Implemented a Whistle Blower Policy in compliance with Section 177 (10) of the Companies Act, 2013 and Regulation 22 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015.
• Adopted a Code of Conduct for Directors and Senior Management.
• Adopted the ‘Patel Integrated Logistics Limited - Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders’ and ‘Patel Integrated Logistics Limited - Code for Fair Disclosure’ in line with SEBI (Prohibition of Insider Trading) Regulation, 2015.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic seriously impacted operations due to lockdowns and limited airline operations.
• High pricing of freighter operations is a deterrent to the growth of the air cargo on freighter.
• Ever-increasing cost of fuel is reducing profitability.
• Warehouse industry in India is still highly unorganized and fragmented.
• High inventory holding costs, higher storage cost, and improper material handling which leads to damage of the product are the major concern for warehouse industry.

Mitigation Strategies

• Taking necessary measures to mitigate the impact of challenges faced in the business.
• Venturing into health and fitness industry by taking franchisee of GYM business.
• Cost saving measures like rationalization of manpower resources and operation cost and overhead expenses.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• CSR

Social Achievements

• Donated a Blood-Donation Bus to TATA Memorial Hospital
• Co-sponsored the 6th International Women Tennis Championship
• Donated INR 7 lacs to Rotary Club of Bombay Bandra

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Exceptional Cargo Revenue Performance - 2013
• Outstanding Performance All India Basis
• Stellar Sales Performance – 2005
• All India Achiever Award for Cargo Sales - 2003
• Exceptional Accomplishments Highest On Board Courier Sales 2003-2004
• All India Achiever Award for Cargo Sales
• Highest On Board Courier Sales 2007-2008
• Highest On Board Courier Sales
• Recognition of Contribution
• Exceptional Cargo Revenue Performance – 2016-2017