J. G. Chemicals Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- environmental
- social
- governance
- sustainability
- recyclability
Environmental Achievements
- Reduced CO2 emissions by 80%, water pollution by 76%, and water use by 40% for every unit of ZnO produced by opting for recycled metal over finite virgin ores.
- Achieved ISO-14001-2015 certification for manufacturing facilities.
Social Achievements
- Consistent growth over the years has been achieved due to inclusive employment creation and social development.
- Contributions towards training and education of the underprivileged, running a one-teacher school, providing meals to students, and animal protection initiatives.
Governance Achievements
- Successful IPO with over 28 times subscription.
- Became the first dedicated zinc oxide manufacturer to be listed on the Indian bourses.
Climate Goals & Targets
Long-term Goals:
- Diversify our Export Base
- Achieve global scale and significance in the zinc chemicals industry
Medium-term Goals:
- Ramp-up of Zinc Sulphate Business
- Expansion to New Geographies
- Diversify Customer Base and Product Application
Short-term Goals:
- Expand Product Portfolio
- Deeper Penetration in Domestic Markets
Environmental Challenges
- Sharp fall in zinc prices during H1 FY2024 impacting inventory and scrap market.
- External factors impacting overall performance.
Mitigation Strategies
- Focus on volume expansion, cost optimization, and research and development.
- Achieved overall volume growth coupled with increased cost efficiencies.
- Introduced new grades of zinc chemicals for customers.
Supply Chain Management
Responsible Procurement
- Focus on responsible sourcing
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- New grades of zinc chemicals