Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Sustainable Product Lifecycle
• Employee Well-being
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Responsible Policy Influence
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• Reduced cellulosic fibre content in paper
• Reduced process input per ton of product
• Reduced packing material consumption per ton of finished paper
• Increased wood availability through plantation initiatives
• Increased pulp yield
• Increased bagasse furnish in paper
• Increased recycled paper content
• Increased use of eco-friendly packing materials
• Nearly 50% of energy consumed is green power generated from ‘Black Liquor’
• Nearly 96% of Chemicals used in pulping process are recovered and recycled
• Won Tamil Nadu Pollution Control Board Green Award for 2017
• Awarded GOLD Rating under CII Greenco Award

Social Achievements

• CSR programs in community development, water, sanitation, education, health, rural infrastructure and technical training
• Lift Irrigation Scheme irrigating nearly 1500 acres of land
• Provided 14 crore seedlings for planting in 16,801 acres of land
• Employee safety and skill up-gradation training (90% for permanent employees, 85% for casual/temporary/contractual employees)
• Recognized trade unions/staff association with 69% membership

Governance Achievements

• Established Code of Conduct, Whistle Blower policy, and other policies ensuring ethics, transparency and accountability
• Regular review of Business Responsibility aspects by various committees of Executives/Board
• First publication of Business Responsibility Report

Climate Goals & Targets

Environmental Challenges

• Allegation of simultaneous price increases (under evaluation by Competition Commission of India)

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing from environmentally and socially responsible sources; maximizing use of eco-friendly chemicals and energy-efficient equipment; maximizing use of recovered paper; following 3R principles; conducting awareness programs for vendors/suppliers; creating awareness about GSC for critical vendors; improving supplier efficiency through audit, training, and improvement suggestions

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SEBI (LODR) Regulations

Certifications: ISO 14001, FSC (Forest Stewardship Council)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Different shades of Writing Paper using Farm forestry based wood, Sugar cane bagasse, and Recycled waste paper

Awards & Recognition

• CII GreenCo Gold Rating Award (2017)
• Green Award 2017 (Tamil Nadu Pollution Control Board)
• CII Excellent Energy Efficient Unit Award (2018)

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Sustainability throughout product lifecycle
• Employee well-being
• Stakeholder interests
• Human rights
• Environmental protection
• Responsible public policy engagement
• Inclusive growth
• Customer engagement

Environmental Achievements

• Won Tamil Nadu Pollution Control Board Green Award for environmental protection (2017)
• Achieved GOLD Rating under CII Greenco Award for resource conservation
• Won CII Excellent Energy Efficient Unit Award (2018)
• 50% of energy consumed is green power generated from ‘Black Liquor’
• 96% of chemicals used in pulping process are recovered and recycled
• Treated wastewater used for irrigation
• Over 16.4 crore seedlings made available for planting in 19015 acres of land

Social Achievements

• CSR programs focused on community development, water, sanitation, education, health, rural infrastructure, and technical training
• Recognized trade unions/staff associations
• Safety & skill up-gradation training provided to employees

Governance Achievements

• Established policies for whistleblower protection, code of conduct, fair disclosure, remuneration, document preservation, materiality disclosure, related party transactions, and prevention of sexual harassment
• Annual affirmation of compliance with Code of Conduct by Directors and Senior Management

Climate Goals & Targets

Environmental Challenges

• Allegation of simultaneous price increases (under evaluation by Competition Commission of India)

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing raw materials from environmentally and socially responsible sources; maximizing use of eco-friendly chemicals and energy-efficient equipment; maximizing use of recovered paper; following 3R principles; conducting awareness programs for vendors/suppliers; creating awareness about GSC for critical vendors; improving supplier efficiency through audit, training, and improvement suggestions.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SEBI (LODR) Regulations

Certifications: ISO 9001, ISO 14001, OHSAS 18001, FSC (FSC-C084458)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Different grades of printing and writing paper using farm forestry-based wood, sugar cane bagasse, and recycled waste paper

Awards & Recognition

• CII GreenCo Gold Rating Award (2017)
• Green Award 2017 (Tamil Nadu Pollution Control Board)
• CII Excellent Energy Efficient Unit Award (2018)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved wood positive status
• More than 70% of energy needs in Erode unit addressed through renewable energy sources/bio-fuels
• Installed a PCC plant capturing CO2 from Lime Kiln, reducing GHG emissions

Social Achievements

• Various initiatives to curtail fresh water usage
• Well-defined tree farming strategy
• Capacity building workshops for key value chain partners

Governance Achievements

• Code of Conduct adopted to ensure ethics, transparency, and accountability
• Whistleblower policy implemented
• Policies on related party transactions and conflict of interest management

Climate Goals & Targets

Environmental Challenges

• Negative impact on printing and writing paper segment
• Failure of monsoon and water shortage
• Wood availability
• Dependency on imported coal
• Monsoon failures affecting sugar industry and bagasse supply

Mitigation Strategies

• Investments to diversify product range and strengthen marketing/supply chain
• Initiatives to curtail fresh water usage
• Four-pronged strategy for wood sourcing (newer species, sourcing outside Tamil Nadu, contract farming, increased bagasse & de-inked pulp usage)
• Reduced dependency on coal (over 70% renewable energy in Erode unit)
• Captive bagasse source from associate company

Supply Chain Management

Supplier Audits: 100% of wood suppliers covered under FSC audits

Responsible Procurement

• FSC Controlled Wood Procurement Policy
• Green Procurement guidelines

Climate-Related Risks & Opportunities

Physical Risks

• Monsoon failure

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Diversification into other product ranges
• Development of alternatives to single-use plastics
• Move towards non-fossil fuel based energy sources

Reporting Standards

Frameworks Used: SEBI (LODR) Regulations

Certifications: ISO 9001, ISO 14001, ISO 45001, FSC

Awards & Recognition

• CII GreenCo Gold Rating Award
• Green Award 2017 by Tamil Nadu Pollution Control Board
• CII National Award for Excellence in Energy Management
• Paper Mill of the year award
• IPMA Energy Conservation Award
• CII EHS Excellence - Bronze Award
• AEE award - Regional Corporate Energy award