Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Installed a facility to convert waste liquor from calcium hypochlorite plant to bleaching powder, utilizing about 15% of generation and another 15% is recycled.
• A new plant is being commissioned for recovery of various salts from waste liquor and effluent by evaporation.

Social Achievements

• Maintained harmonious and cordial industrial relations.
• Regularly conducting seminars and workshops to improve the safety and maintenance of the factory and for also timely dispatches of quality products.

Governance Achievements

• Risk management policy was approved by the Board.
• Vigil mechanism policy was adopted to ensure fair and transparent operations.

Climate Goals & Targets

Environmental Challenges

• Raw material prices are market driven and any upward revision will affect the profitability of the Company.
• Fluctuations in foreign exchange currencies in relation to exports, Imports and FCTL.
• The investments in shares are market driven which are exposed to related risks.

Mitigation Strategies

• Regularly considers other financing and refinancing opportunities to diversify its debt profile, reduce interest cost and align maturity profile of its debt commensurate with life of the assets, and closely monitors its judicious allocation amongst competing capital expansion projects to capture market opportunities at minimum risk.

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: Ind AS

Certifications: ISO:9000

Third-party Assurance: T. Adinarayana & Co., Chartered Accountants

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Commissioned Multiple Effect Evaporation plant for Zero Liquid Discharge, recovering saleable Sodium Chloride and Calcium chloride; Commissioned 5 MW Solar Power Plant; Introduced MS-PTFE acid circulation lines in SAP-2&3 Drying Tower acid outlet lines to improve plant life expectancy.

Social Achievements

• Maintained harmonious industrial relations; Conducted seminars and workshops to improve safety and maintenance; Deputed employees for skill and knowledge updating.

Governance Achievements

• Board performance evaluation carried out; Nomination and Remuneration Committee constituted; Stakeholders Relationship Committee constituted; Risk Management Committee constituted; Corporate Social Responsibility Committee constituted.

Climate Goals & Targets

Environmental Challenges

• Uncertain raw material prices; Fluctuations in foreign exchange currencies; Market driven investments in shares.

Mitigation Strategies

• Regularly considers other financing and refinancing opportunities to diversify its debt profile, reduce interest cost and align maturity profile of its debt commensurate with life of the assets, and closely monitors its judicious allocation amongst competing capital expansion projects to capture market opportunities at minimum risk; Export sales are fully secured through letters of credit or against advance receipts; Maintains flexibility in funding by maintaining availability under committed credit lines.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Procuring packing materials locally; Encouraging local transporters; Procurement of cooling towers, FRP equipment, spray nozzles from small SSI Vendors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9000

Third-party Assurance: T. Adinarayana & Co., Chartered Accountants

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Erected and commissioned 5 MW Solar Power Plant, to reduce the load on Thermal Power Plant due to rise in Coal price.
• In 10 MW Power Plant, existing Boiler Feed Water Pumps of 200 Kw x 2 rating at 80% load, were replaced with only one energy efficient Pump of 250 Kw rating. With this there is a saving of 80 Kw per day.
• In DM Plant, existing Raw water pumps of 30 HP x 2 changed with energy efficient Pump of 50 HP motor rating.

Social Achievements

• The Company maintained harmonious and cordial industrial relations.
• The Company regularly conducting seminars and workshops to improve the safety and maintenance of the factory and for also timely dispatches of quality products.
• The Company is deputing employees for attending seminars for updating their skills and knowledge.

Governance Achievements

• The Board has carried out performance evaluation taking into consideration of various aspects of the Board’s functioning, composition of Board, and its Committees, execution, and performance of specific duties, obligations and governance.
• The Performance of evaluation of Independent Directors was completed.
• The Performance evaluation of Chairman and the Non-Independent Directors was carried out by the Independent Directors.

Climate Goals & Targets

Environmental Challenges

• Raw material prices are market driven and any upward revision will affect the profitability of the Company.
• Fluctuations in foreign exchange currencies in relation to exports, Imports and FCTL.
• The investments in shares are market driven which are exposed to related risks.

Mitigation Strategies

• The Company regularly considers other financing and refinancing opportunities to diversify its debt profile, reduce interest cost and align maturity profile of its debt commensurate with life of the assets, and closely monitors its judicious allocation amongst competing capital expansion projects to capture market opportunities at minimum risk.
• The Company manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.
• Export sales are fully secured through letters of credit or against advance receipts.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased production of Sodium methoxide solution from 900 MTs to 1100MTs per month and Sodium Methoxide powder from 150 MTs to 300 MTs per month.
• Implemented Variable Frequency Drive for Acid Cooling Tower Pump in Sulphuric Acid Plant -3, saving around 500 Kw per day.
• Implemented Variable Frequency Drives for Boiler Feed Water Pumps in Sulphuric Acid Plant -1, 2 and 3, saving around 500 Kw per day.

Social Achievements

• Maintained harmonious industrial relations.
• Regularly conducted seminars and workshops to improve safety and maintenance.
• Deployed employees to attend seminars for skill and knowledge updates.

Governance Achievements

• Held five Board meetings, four Audit Committee meetings, one Nomination and Remuneration Committee meeting, four Stakeholder Relationship Committee meetings, one Corporate Social Responsibility Committee meeting, and two Risk Management Committee meetings.
• Conducted performance evaluations of the Board and its committees.
• Complied with applicable secretarial standards.

Climate Goals & Targets

Environmental Challenges

• Decline in performance in Calcium Hypochlorite, Stable Bleaching Powder, Sodium Methoxide, Sodium Hydride, Coal Trading, Thermal and Wind Power generation, Sulphuric Acid, and Chloro Sulphonic Acid.
• Difficulties faced in coal trading due to price fluctuations.
• Uncertain raw material prices.

Mitigation Strategies

• Temporarily stopped coal trading business.
• Exploring possibilities in Real Estate and Trading activities.
• Taking various measures to improve margins and reduce operational costs.

Supply Chain Management

Supplier Audits: Not specified

Responsible Procurement

• Extends quality, safety, and human rights policies to value chain partners.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015

Third-party Assurance: S.T. Mohite & Co., Chartered Accountants