Sarveshwar Foods Limited
Climate Impact & Sustainability Data (2022, 2022-23, 2023, 2023-04 to 2024-03, 2024, 2024-03-31)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Health
- Education
- Community Development
- Natural Calamities
- Environmental Sustainability
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022-23
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Climate Neutrality
- Employee Well-being
- Community Investment
- Responsible Business Practices
- Product Excellence
- Supply Chain Transformation
Environmental Achievements
- Improved rice cultivation techniques to reduce methane emissions
- Implementation of methane-capturing technologies
- Sustainable water management practices
- Development of climate-resilient rice varieties
- Promotion of integrated farming systems
- Transition to renewable energy sources
- Reduction of post-harvest losses
- Sustainable fertilizer management
- Carbon offsetting and sequestration initiatives
- Education and training programs for farmers on sustainable agriculture
Social Achievements
- Inauguration of Sarveshwar Smiles Foundation focusing on farmer and women's welfare
- Skill development and training programs in collaboration with IIT Jammu and IIM Jammu
- Focus on employee health, safety, and well-being through various initiatives
- Commitment to human rights and labor standards
Governance Achievements
- Main board listing on NSE & BSE
- Robust rice supply chain focusing on efficiency and quality
- Strong business ethics and compliance standards
- Data security and privacy measures
Climate Goals & Targets
Long-term Goals:
- Climate neutrality in the rice industry
Environmental Challenges
- Climate change
- Decreasing arable land
- Food shortages
- Inflationary environment
- Supply chain disruptions
- Global food insecurity
Mitigation Strategies
- Diversified supply chains
- Expansion into new markets
- Investment in transformative innovations and technologies
- Accelerated supply chain decarbonization efforts
- Engagement with farming communities to promote sustainable practices
- Strengthening core merchandising capabilities
- Expansion downstream
- Diversification through value-added products and services
- Embracing innovation and digitalization
Supply Chain Management
Responsible Procurement
- Sourcing from the original Basmati habitat
- Careful grain selection through expert quality benchmarks
- Use of Bühler’s whitening and polishing equipment
- Natural aging and resting of the grain
- Steam and parboiling processes
Climate-Related Risks & Opportunities
Physical Risks
- Erratic weather patterns impacting crop seasons
Opportunities
- Development of energy-efficient products
Sustainable Products & Innovation
- Millets-based products
Awards & Recognition
- Best Enterprise of the Year (Agriculture) 2022 by MSME India
- Best Enterprise of the Year (FMCG) 2023 by MSME India
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Carbon Neutrality
- Community and Farmer Engagement
- Sustainable Agriculture
Environmental Achievements
- Working towards carbon neutrality.
- Investing in renewable energy sources.
- Promoting sustainable farming practices.
- Partnering with Boomitra to empower farmers through regenerative agriculture.
- Significant progress in sustainability initiatives, effectively mitigating carbon emissions.
Social Achievements
- Launched Sarveshwar Smiles Foundation for community development.
- Empowering farmers with knowledge and resources.
- Providing free distribution of certified Sona Masuri paddy seeds in Jammu & Kashmir.
- Establishing Farmers Facilitation Centers (FFCs) to support rural communities.
- Organizing stitching and tailoring courses for women in border villages.
Governance Achievements
- Compliance with SEBI (LODR) Regulations, 2015.
- Establishment of Audit, Nomination & Remuneration, Stakeholders Relationship, CSR and Risk Management Committees.
- Implementation of a Whistle Blower Policy/Vigil Mechanism.
- Adoption of a Code of Conduct for Prevention of Insider Trading.
- Regular Board meetings and performance evaluations.
Climate Goals & Targets
Long-term Goals:
- Global Carbon Neutral Certification
Environmental Challenges
- Challenging global environment.
- Inflationary pressures.
- Climate change impacts on rice yields.
- Water scarcity.
- Pests and diseases affecting rice production.
Mitigation Strategies
- Integrating a carbon-focused decision-making process.
- Investing in innovative technologies to reduce carbon footprint.
- Implementing efficient irrigation techniques.
- Promoting sustainable agricultural practices.
- Partnering with Boomitra for regenerative agriculture.
- Investing in climate-resilient technologies and improved pest management.
Supply Chain Management
Responsible Procurement
- Partnering with farmers under fair trade agreements.
- Promoting environmentally friendly agricultural practices.
- Implementing traceability systems.
Climate-Related Risks & Opportunities
Physical Risks
- Erratic monsoons
- Extreme weather events
- Water scarcity
Opportunities
- Development of energy-efficient products
- Growing demand for organic and sustainably produced rice
Sustainable Products & Innovation
- Organic Basmati and non-Basmati rice
- Khichadi Rice
- Vegetable Rice
- Black Rice
- Turmeric Rice
- Herb & Vegetable Rice
- Spice Mix Rice