Climate Change Data

Nahar Poly Films Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:Nil
Scope 1 Emissions:Nil
Scope 2 Emissions:Nil
Scope 3 Emissions:Nil
Water Consumption:100901 kilolitres
Waste Generated:1085.72 metric tonnes

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed 1.2 MW rooftop solar plant, saving 1706112 units of electricity from April 2022 to March 2023
  • Installed Metalizer CLCT (Close Loop Cooling Tower), saving 2688000 units in 2022-23
  • Installed 45-watt LED lights, saving approximately 129600 units in 2022-23
  • Installed VFDs, saving approximately 146000 units in 2022-23
  • Using PET coke thermic fluid heater to reduce energy costs

Social Achievements

  • Maintained cordial industrial relations
  • Zero tolerance for sexual harassment; no complaints received

Governance Achievements

  • Complied with all mandatory Corporate Governance requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Established a Vigil Mechanism/Whistle Blower Policy

Climate Goals & Targets

Environmental Challenges

  • Volatility in raw material prices (polypropylene)
  • Adverse impact on packaging converters impacting revenue and profitability
  • Geopolitical situation and high inflation impacting global trade
  • Slow European market recovery affecting demand
Mitigation Strategies
  • Monitoring and mitigating raw material price risks
  • Partial hedging for exchange rate fluctuations
  • Capacity increase to 60000 tonnes p.a. to meet rising demand

Supply Chain Management

Responsible Procurement
  • Sourcing from MSMEs

Climate-Related Risks & Opportunities

Opportunities
  • Growing demand for sustainable packaging

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015, BRCGS 6

Sustainable Products & Innovation

  • BOPP and metalized films