Climate Change Data

Environmental Metrics

ESG Focus Areas

• Women Empowerment
• Environment Conservation
• Education
• Swachh Bharat
• Health and Sanitation
• Skill Development

Environmental Achievements

• Installed and commissioned 564 KWP Solar Power Plant at Patalganga plant
• Recycling and reusing treated effluents, resulting in saving of 20% of water
• Use of rainwater for gardening
• Use of LED lights across all factory locations
• Reduced diesel consumption of power generator due to express feeder power line at Patalganga plant
• Reduced CO2 emissions by 600 tons/year through solar plant

Social Achievements

• Association with K.C. Mahindra Foundation Trust A/c - Nanhi Kali for girl child education
• Contribution to Swachh Bharat Kosh
• Setting up a Mini Science Center at five schools near factories
• One case of sexual harassment reported and under proceeding

Governance Achievements

• All Related Party Transactions placed before the Audit Committee and Board for approval
• Implementation of a policy on prevention, prohibition and redressal of sexual harassment at the workplace

Climate Goals & Targets

Environmental Challenges

• Loss of sales in March 2020 due to COVID-19 pandemic and lockdown
• Lower sales growth, reduction in wholesale price, and uneven product mix
• Supply chain disruptions due to COVID-19 lockdown
• Lower collection of receivables, operating expenses, payment obligations towards vendors and statutory authorities

Mitigation Strategies

• Ensuring health and well-being of employees and stakeholders
• Partial resumption of operations at factory locations from early May 2020
• Implementation of safety measures like compulsory face masks, social distancing, and workplace sanitation
• Approached bankers for additional working capital

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Discourages dealing with suppliers violating human rights; prohibits forced or child labor

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

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

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 6 (Clean Water and Sanitation)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through education programs, sanitation efforts, and renewable energy adoption.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Innovative product of the year for 2 in 1 geometry box

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Employee Well-being
• Community Engagement

Environmental Achievements

• Installed 564 kWp solar power plant at Patalganga plant (contributes to 25% of power consumption)
• Installed 500 kWp solar plant at Tarapur factory with Zero Liquid Discharge
• Reduced diesel consumption of power generator due to express feeder power line at Patalganga plant
• Recycled and reused treated effluents, saving 20% of water
• Installed turbo ventilators to reduce heat and improve ventilation
• Used natural light and LED lights to reduce power consumption

Social Achievements

• Celebrated International Women’s Day with various competitions and equity sessions
• Organised sports day and annual sports events for employees
• Organised inter-unit cricket matches
• Celebrated annual day with awards and cultural events
• Celebrated National Safety Day with safety oath, competitions, and CEO sensitization on safety measures
• Organised workshops and contests for young artists
• All India Camel Colour Contest, media-run contests, and exhibitions to encourage art

Governance Achievements

• Re-appointment of Ms. Nandini Chopra as Non-Executive Independent Director
• Re-appointment of Mr. Shriram S. Dandekar as Vice-Chairman & Executive Director
• Appointment of Mr. Masaharu Inoue as Additional Non-Executive Director
• Implemented a policy on prevention, prohibition and redressal of sexual harassment at the workplace

Climate Goals & Targets

Environmental Challenges

• Digitalisation impacting demand for traditional stationery
• Price sensitivity of consumers
• Increased cost of raw materials
• Seasonal sales patterns and temporary demand surges
• Managing liquidity
• Potential brand damage due to competition

Mitigation Strategies

• Expanding digital presence and revitalising brand
• Revamping website for improved user experience
• Careful inventory management
• Import substitution projects to minimize reliance on imported raw materials
• Diversifying customer base beyond school-going children
• Maintaining adequate credit lines and contingency plans
• Prioritising high-quality products and customer education

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of 70% of inputs

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Installed and commissioned 564 KWp Solar Power Plant at Patalganga plant which contributes to 25% of our power consumption.
• Installed 517 KWp additional solar power plant at patalganga plant in the 2023-24, which has resulted in 45- 50% solar contribution against total consumption.
• 500 KWp solar power plant is installed at Tarapur factory, which is 50% of power contribution at Tarapur factory.
• In all factories, we are not discharging treated effluents from ETP but it is recycled and reused, resulting in saving 20% of water.

Social Achievements

• Camel Art Foundation: Ajmer Chapter 2023-2024 Camel Art Foundation is one of the most coveted honours, lending significant weightage to art students’ portfolios. In 2023, Camel organised a National Art Camp for students at Mayo College, Ajmer.
• National Safety Week at Kokuyo Camlin
• Business Plan Communication and Annual Event 2023
• Sports Day 2023

Governance Achievements

• All Related Party Transactions are placed before the Audit Committee as also the Board for approval.
• Prior omnibus approval of the Audit Committee is obtained for the transactions which are of a foreseen and repetitive nature.

Climate Goals & Targets

Environmental Challenges

• Digitisation has changed the way businesses operate, but it has also introduced new risks such as market risk. As consumers become more comfortable with digital channels, demand for traditional channels could decline.
• The impact of global economic problems, such as inflation, and geopolitical tensions have caused a surge in raw material prices, leading to supply chain disruptions and a shortage of raw materials. Consequently, the cost of essential goods has increased, which may result in higher expenses for companies and a rise in production costs of finished products.
• The Company is a part of the industry which generally observes volatile sales patterns and temporary surges in demand. For the rest of the year, the market demand remains mostly in a low-to-moderate range, which affects the Company’s production and sales volume.

Mitigation Strategies

• We are expanding our presence across digital platforms to revitalise our brand and make it future-ready. We have revamped our website, with enhanced user experience for our customers.
• We are keeping a close eye on price changes and managing our inventory carefully to respond to market changes and potential risks.
• We have expanded our product range, engaging with hobbyists, artists, and professionals.

Supply Chain Management

Climate-Related Risks & Opportunities