Climate Change Data

Environmental Metrics

ESG Focus Areas

• Recycling
• Environmental Compliance
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Recycled ~250 tonnes of PET waste daily
• Saved >58 Lakhs cubic yards of landfilling space annually
• Reduced carbon emissions by 132,000 tonnes
• Expanded RPSF capacity from 87,600 TPA to 1,08,600 TPA

Social Achievements

• Employed 2,007 individuals
• Invested H73.08 Lakhs in CSR
• Supported projects in education, healthcare, and hunger management

Governance Achievements

• Complied with ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, and GRS certifications
• Established a Whistle Blower Policy
• Adopted a policy on prevention, prohibition and redressal of sexual harassment at workplace

Climate Goals & Targets

Environmental Challenges

• Demand slowdown in textile sector owing to GST rollout
• Rising commodity prices and high GST rates
• Inability to procure adequate raw material
• Growing competition
• Currency fluctuation
• Funding risk
• Quality risk due to raw material contamination

Mitigation Strategies

• Increased output, revenue growth, and better profitability
• Commissioned a new RPSF production line
• Extensive network of collection centers and scrap dealers
• Focus on collection of PET waste from various sources
• Largest PET recycling capacity in India
• Pan-Indian presence and proximity to industrial hubs
• Natural hedge in imports and exports, cautious hedging policies
• Moderate debt-equity ratio, robust interest cover
• Adequate cash generation and access to capital market
• Enhanced operational efficiency with cutting-edge technology
• Compliance with ISO 9001:2015 for quality management

Supply Chain Management

Responsible Procurement

• Arrangements with bottling companies for collection and recycling

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Global Recycled Standard (GRS)

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, Oeko-Tex Standard 100, Product Class 1

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Inclusion
• Governance

Environmental Achievements

• Saved Carbon emission, prevented landfill space by recycling of PET Plastic waste
• Installed effluent treatment plants for the prevention of water pollution
• Target to equip all units with rooftop solar panels
• Increasing green cover around all plants
• Taking initiatives for conservation of water and heading towards zero discharge

Social Achievements

• Addressing Swatch Bharat Mission through our sustainable business model
• Working with, and for the people from underprivileged and backward societies i.e. rag- pickers, scrap dealers
• Preventive Healthcare including Covid-19 relief
• Environmental Sustainability initiatives in villages around factory area

Governance Achievements

• Speedy redressal of Investors query
• 6 Non-Executive Directors out of 9 Directors on the Board

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its related restrictions and disruption of supply chains
• Higher input costs
• Ban on imports of PET bottle scrap and flakes
• Major fire incident at our Kanpur unit

Mitigation Strategies

• Re-starting operations in a phased manner
• Focus on premiumisation, and innovative and value-added products
• Prudent cash management
• Cost optimisation
• Exploring to put up recycling capacity of other plastic scrap in addition to PET scrap
• Company’s plants are fully insured

Supply Chain Management

Responsible Procurement

• Collecting and recycling PET bottles through our pan-India network of scrap dealers and contractors

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Bio-degradable Fibre
• Anti –microbial Fibre
• High tenacity Hollow Conjugated Fibre
• Micro Fibre
• Dope dyed high tenacity Fibre

Environmental Metrics

ESG Focus Areas

• Circular Economy
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• 51+ Billion PET bottles recycled in the last one decade
• 6.8+ mn cubic yards of landfill space saved in the last one decade
• 1.39+ mn tons of CO2 saved in the last one decade
• 350+ Tons per day of PET plastic recycling capacity
• Zero liquid discharge facility

Social Achievements

• Provides 24x7 free ambulance service to nearly 180+ villages
• Established two dispensaries providing medical assistance to people across 40 villages
• Initiated Har Ghar Digital Saksharta, a digital literacy programme
• Adopted a school and provided financial assistance

Governance Achievements

• Robust risk management framework
• Compliance with Secretarial Standards
• Whistle Blower Policy
• Nomination and Remuneration Policy
• Board Evaluation

Climate Goals & Targets

Environmental Challenges

• Raw material price volatility
• Competition risk
• Product risk
• Quality risk
• Cost risk
• Forex risk

Mitigation Strategies

• Extensive PET waste collection network
• Exports to 19 countries, markets rPET Fibre to 500+ customers and has more than 250+ suppliers
• Diverse product offering of high-quality fibre and yarn
• Investment in cutting-edge technologies
• Proactive focus on de-bottlenecking and cost optimisation
• Effective handling of currency risks through continuous monitoring and hedging

Supply Chain Management

Responsible Procurement

• Vendors and service providers are encouraged to adopt practices based on generally accepted standards regarding Environment, Health, and Safety

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Go Rewise

Environmental Metrics

ESG Focus Areas

• Circularity
• Climate Change
• Waste Management
• Sustainable Sourcing
• Employee Well-being
• Community Development

Environmental Achievements

• Recycled 7.5 Billion+ PET bottles
• Converted 125,000+ MTPA PET waste
• Commissioned 11.49 MWp of rooftop solar power capacity
• Warangal facility is zero liquid discharge, recycling 95% of water used
• Partnered with Ultratech Cement for waste-to-energy
• Empowered downstream customers to emit 60% lower carbon emissions compared to virgin plastic

Social Achievements

• Employed 2,377 people
• Invested ₹1.55 Cr in CSR activities (healthcare, skill development, child education)
• Provided free ambulance service to 40 remote villages
• Supported 24 students through educational assistance
• Adopted 16 children who lost parents to COVID-19

Governance Achievements

• Board diversity: 12.50% women
• Established 7 Board Committees (Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management & Strategic Planning, CSR, Management, Capital Raising)
• Implemented Whistle Blower Policy
• Complied with SEBI regulations

Climate Goals & Targets

Environmental Challenges

• Declining global trade impacting textile industry
• Stiff competition from cheaper imports
• Volatility in raw material prices
• Product risk (declining market relevance)
• Competition risk
• Quality risk
• Customer concentration risk
• Forex risk
• Regulatory risk

Mitigation Strategies

• Diversified product portfolio
• R&D investments for product differentiation
• Stringent quality control
• Diversified supplier base (270+)
• Extensive waste collection network (350 tons/day)
• Currency hedging
• Robust policy framework for regulatory compliance

Supply Chain Management

Responsible Procurement

• Sustainable sourcing procedures
• Encouraging vendors to adopt EHS practices

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SEBI Listing Regulations

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, OEKO-TEX Standard 100, Global Recycled Standard, Ocean Bound Plastic, SEDEX

Third-party Assurance: Tirkha Consultants & Advisors LLP

Sustainable Products & Innovation

• Go Rewise® rPET pellets

Awards & Recognition

• Circular Economy of the Year award