Climate Change Data

Environmental Metrics

ESG Focus Areas

• Water Security
• GHG Emission Reduction
• Circular Economy
• Safety
• Human Resources
• Community Development
• Corporate Governance
• Sustainable Agriculture
• Biodiversity

Environmental Achievements

• Water conserved and harvested more than consumed across manufacturing sites
• Reduction in Specific Water intensity by 4.6 % per ton of production
• Reduced dependency on groundwater to 12.5% from 14% (FY21) of overall water requirement
• Maintained Zero Liquid Discharged (ZLD) in distillery units at Hariawan and Ajbapur
• 24,99,449 tCO2e emissions saved through various decarbonization and other energy saving initiatives
• Bioenergy consumption as % of total direct energy consumed: 36%
• Reduction in Specific Energy intensity by 7.7% per ton of production
• 25% of material recycled as raw materials
• Waste sent to the landfill was reduced to 3.5% against previous year’s 3.9% of the total waste

Social Achievements

• 93% of our manufacturing sites are ISO 45001 certified
• Bharuch and Kota sites are certified for British Safety Council Five Star Safety Rating System
• During the year, Lost Time Injury Frequency Rate (LTIFR) reduced to 0.12 from 0.56 (FY21)
• COVID safety protocols followed at all manufacturing sites and offices
• Turnover rate reduced from 15.8% (FY21) to 14.9% for permanent employees and reduced and from 12.2% (FY21) to 9% for permanent workers
• Sustainable Engagement Score for FY22 is 92%
• INR 17.425 Crores spent on community development and in addition, INR 2.515 Crores transferred to unspent CSR account for the ‘Ongoing Projects’
• Positively impacted the lives of more than 76,000 people through our CSR intervention
• 5,788 employee volunteer hours devoted

Governance Achievements

• Adoption of Human Rights Policy
• Inclusion of ESG in EHS Policy
• Anti-corruption and no bribery policy
• Code of Conduct and Ethics
• Voluntarily adopted BRSR requirements
• Disclosure on all Essential and Leadership indicators of BRSR requirements
• Digitization Monitoring, reporting and tracking of legal compliances through a Complinity Tool

Climate Goals & Targets

Environmental Challenges

• Compliance to various laws and listing requirements
• Cyber Security | Technology / Information Security
• Regulation changes in agri sector
• Natural calamities due to climate change
• Pandemic risk leading to business disruption

Mitigation Strategies

• Any new statute / legal requirement or amendments to existing framework is being monitored continuously and necessary training (need based) is provided to the requisite teams / departments for updating their knowledge.
• DCM has implemented adequate information security controls and also defined processes to mitigate internal and external IT threats
• Periodically monitor and review changes in regulatory frameworks to ensure compliance
• Ongoing plans are in place for parent seeds, hybrid seeds, insurance coverage, R&D for developing seed varieties that sustain extreme weather events
• Existing process to monitor Post-COVID related health issues of employees may not be adequate leading to extended health issues of employees and risk of productivity loss. At DCM Shriram, each business has taken adequate measures for its employees, customers and visitors respectively through implementation of SOP in line with the norms prescribed by the Government to support employees, Clinic and Doctor on call facility provided to all the employees. Further, corporate tie up with reputed Medical organizations exists to improve emotional well-being of employees.

Supply Chain Management

Responsible Procurement

• Preference to local and MSME vendors for procurement
• REACH Compliant Disclosures

Climate-Related Risks & Opportunities

Physical Risks

• Natural calamities due to climate change

Opportunities

• Rising stakeholder requirements for sustainability goals
• Health and safety

Reporting Standards

Frameworks Used: GRI Standards: Core Option, UNGC principles, UN SDGs, BRSR

Certifications: ISO 9001, ISO 14001, ISO 45001 (2018), British Safety Council Five Star Safety Rating System, Responsible Care Certification by Indian Chemical Council

Third-party Assurance: KPMG Assurance and Consulting Services LLP

UN Sustainable Development Goals

• SDG 3
• SDG 6
• SDG 7
• SDG 8
• SDG 13

Our endeavors have improved the quality of life of local communities through our community development programmes, which reflect our deep commitment to build a better future for our stakeholders. Our community development programmes focus on healthcare programmes that impact the overall socio-economic growth and empowerment of people, in line with the national and international development agendas.

Sustainable Products & Innovation

• R&D of hybrid seeds that are resistant to adverse weather conditions, salinity, drought, water logging, insects pests and diseases etc.

Awards & Recognition

• Superbrands 2021-22 Status conferred upon Fenesta
• RD Trusted Brand Award for Fenesta business by Living Media India Pvt. Ltd.
• ET Best Brand Award for Fenesta business by The Economic Times (ET)
• Popular Brand of the Year Award for Fenesta business by Realty+Inex
• Echo DMAI Award 2021-22 for Fenesta business by DMAI Asia Echo
• Heritage Company of India Award by FICCI
• Lifetime Achievement Award by Indian Chemical Council (Mr. Ajay S. Shriram)
• National Award for Noteworthy Efforts in Water Management 2021 by CII
• Recognition Certificate for Promising Efforts towards Ecosystem Restoration
• First Position in the prestigious FICCI Sustainable Agriculture Award for Soil & Water Resource Conservation Programme
• Behaviour Based Safety (BBS) Award for Ajbapur Sugar and Distillery unit in Uttar Pradesh by NITIE and Forum of Behavioural Safety.
• Behaviour Based Safety (BBS) Award for Rupapur Sugar and Distillery unit in Uttar Pradesh by NITIE and Forum of Behavioural Safety.