Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Green Architecture
• Energy Efficiency
• Environmental Responsibility

Environmental Achievements

• Launched ETICS (External Thermal Insulation & Composite Systems), saving energy bills by more than 30%
• Received GreenPro Certification from CII-IGBC for 30 leading paint brands

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: Null

Certifications: GreenPro Certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ETICS

Awards & Recognition

• GreenPro Certification

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Reduced carbon emissions by 17.23% (Standalone) and 17.77% (Consolidated)

Social Achievements

• Launched employee well-being programs; details not quantified in report.

Governance Achievements

• Established anti-corruption training; details not quantified in report.

Climate Goals & Targets

Environmental Challenges

• Increased commodity prices; regulatory changes and market shifts (transition risks); extreme weather (physical risks).

Mitigation Strategies

• Developed alternative sourcing strategies; details not quantified in report.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green Products, Cool Roof Paint, High Durable Exterior Paints

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon footprint by 11862 MT in FY 2020-21 through various energy saving measures and use of Bio-briquette fired Thermic Fluid Heaters.
• Planted 2700 plants at Jejuri unit.
• Removed invasive tree species and planted native species at Jejuri unit.
• Developed garden within Jejuri plant.
• Planted medicinal species at Jejuri unit.
• Introduced ETICS (External Thermal Insulation Composite Systems) to reduce energy consumption for cooling/heating by 30-35%.

Social Achievements

• Implemented several welfare measures for frontline workers/painters.
• Conducted nearly 120,000 training sessions to more than 75,000 painters through iTrain.
• Imparted special training on safe work practices, health and hygiene to more than 40,000 painters.
• Extended Covid protection benefit of Rs. 50,000 to 30,000+ painters.
• Provided death and permanent disability insurance of up to Rs. 2 lakhs to more than 40,000 painters.
• Arranged cash transfers to the bank accounts of 40,000+ painters.
• Created safety kits for painters and customers.
• Organized a vaccination camp for employees and their families.
• Launched BreatheEasy+ range of sanitization products.

Governance Achievements

• Implemented a robust Risk Management and Materiality Policy.
• Implemented HR transformation project to enhance employee experience and improve productivity.
• Announced financial assistance equivalent to a year’s salary to families of employees who died due to Covid-19.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and nationwide lockdowns.
• Supply chain disruptions.
• Shift in sales mix towards low-price commodity products.
• Lockdowns in different geographies at different times.
• Rising oil prices and raw material costs.
• Increased freight charges.

Mitigation Strategies

• Reinvented supply chains and implemented process innovations.
• Developed alternative sourcing strategies.
• Collaborated with toll manufacturers and opened new vendors.
• Introduced some products in own plants.
• Utilized district-wise data to predict and plan material movements.
• Speeded up implementation of supply chain digitization and automation.
• Implemented Digital Warehouse Management Systems (WMS).
• Efficient sourcing and innovations in formulation to counter rising raw material prices.

Supply Chain Management

Responsible Procurement

• Developing local suppliers for packing materials, spares, and consumables.
• Encouraging non-ISO certified vendors to obtain ISO certification.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Silk BreatheEasy (antimicrobial paint)
• WeatherCoat Anti-Dustt
• Water-based wood coating
• BreatheEasy+ range of sanitization products
• Anti-microbial powder coatings
• ETICS coatings

Awards & Recognition

• Fastest Growing Paint Company (Construction World Annual Awards 2020)
• Various awards for environmental excellence and occupational health & safety from ICC, CII, Greentech, SOPEP, etc.