Climate Change Data

KRBL Limited

Climate Impact & Sustainability Data (2023-24)

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:12,107.63 tCO2e (Scope 1) + 17,854.36 tCO2e (Scope 2) = 29,962 tCO2e
Scope 1 Emissions:12,107.63 tCO2e
Scope 2 Emissions:17,854.36 tCO2e
Renewable Energy Share:90%
Total Energy Consumption:17,91,327.98 GJ (renewable) + 1,27,452.15 GJ (non-renewable) = 19,18,780.13 GJ
Water Consumption:2,94,575.18 KL (withdrawal)
Waste Generated:30,739.19 metric tons
Carbon Intensity:556.40 mgCo2e/` (total Scope 1 and 2)

ESG Focus Areas

  • Product Quality and Safety
  • Ethics and Governance
  • Responsible Marketing and Communication
  • Health, Safety and Well-being
  • Climate Change
  • Waste Management
  • Sustainable Packaging
  • Climate Resilient Agriculture
  • Community Relations
  • Sustainable Sourcing

Environmental Achievements

  • Reduced plastic usage by 10 metric tons in FY 2024.
  • Collected, recycled, and safely disposed of over 2,600 tonnes of plastic waste in FY 2023-24.
  • 90% of total energy requirements for plant operations were met from renewable sources.
  • Commissioning of an additional turbine to eliminate reliance on grid electricity.
  • Transitioned 90% of lighting infrastructure to LED technology.
  • Designated 3000 sq. m for Miyawaki plantation.
  • Planted 20,000 Eucalyptus trees across 30 acres to mitigate groundwater seepage.

Social Achievements

  • Implemented a comprehensive contact farming initiative, providing IPM kits to farmers.
  • Spent approx. ₹24.75 Crores in CSR initiative towards establishing an educational institute.
  • Spent ₹5.76 Crores to operate a Centralized Kitchen mid-day meals, serving 63 lac meals.
  • Supported 800 additional beneficiaries through various CSR initiatives.

Governance Achievements

  • Implemented AMS (Artwork Management System) for streamlined artwork approval workflow.
  • Implemented DataKart system for barcode and QR code management and consumer information sharing.
  • First organization in rice industry to be BRCGS ETRS assessed with a 5/5 score.

Climate Goals & Targets

Medium-term Goals:
  • Water neutrality
  • Energy conservation
  • Plastic Neutrality
Short-term Goals:
  • Strengthening sustainability in the value chain by FY 2024-25.
  • Extend BRCGS ETRS assessment for the Unit for FY 2024-25.
  • Incorporate 30% recycled plastics into Category 1 products and 10% in Category 2 products by FY 2025-26.

Environmental Challenges

  • Reducing dependence on fossil fuels and grid electricity.
  • Supply chain disruptions
  • Climate change impacts on agriculture and water resources.
  • Maintaining product quality and safety across the supply chain.
Mitigation Strategies
  • Increasing the share of renewable energy (wind, solar, biomass).
  • Implementing energy efficiency initiatives and using technology for green logistics.
  • Promoting regenerative agriculture practices.
  • Implementing VACCP and TACCP protocols to mitigate food fraud and fortify food defense measures.
  • Maintaining a sophisticated Transport Management System (TMS).
  • Ensuring compliance with various certifications standards (FSSC 22000, SQF, BRC, Halal).

Supply Chain Management

Responsible Procurement
  • Sustainable sourcing policy
  • Sourcing from MSMEs and small producers
  • Monitoring suppliers on social compliance parameters
  • Ethical Trading Initiative Code followed in manufacturing plants
  • Paddy Purchase App for real-time monitoring of procurement parameters.

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change impacts on agriculture and water resources
Transition Risks
  • Increased regulatory scrutiny
Opportunities
  • Development of energy-efficient products and processes