Zodiac Clothing Company Limited

Climate Impact & Sustainability Data (2020-2021)

Total Energy Consumption:5,32,176 units (2020)

Water Consumption:6,51,6400 lts (2020)

Reduced electrical consumption by nearly 25% over the last 7 years despite increased processing and value addition.
Reduced water consumption by more than 60% due to improved processing techniques and zero liquid discharge plant.
Achieved a Higg score of 100 on water/wastewater/energy evaluation parameters.

Ensured timely payment of wages and salaries to all workers and staff without reduction despite adverse business environment.
Maintained harmonious industrial relations throughout the year.
Contributed Rs. 36,00,000 to Prince Ali Khan Hospital and Tata Memorial Hospital for healthcare.

Complied with all mandatory requirements regarding Corporate Governance as per SEBI LODR.
Established a Whistle Blower Policy.
Implemented an Anti Sexual Harassment Policy.

Nationwide lockdowns due to the COVID-19 pandemic, adversely impacting revenue and business operations.
Slowdown in global demand, reduction in reimbursement of duties, and competition from low-cost countries.
Lacklustre consumer sentiment across channels except for the webstore.
Disruptions to production and supply chains.
High international freight levels.

Implemented business continuity plans to ensure adequate inventory.
Improved sales through retail outlets and e-commerce after reopening.
Strengthened balance sheet by infusing equity through a preferential issue of shares.
Converted fixed expenses to variable expenses and moved to an asset-light model to reduce fixed costs.
Focused on increasing reach to Tier 2 & 3 cities by opening new stores under the revenue share model.

Sustainable sourcing practices; more than 90% of inputs sourced sustainably.
Procuring almost 80% of services from local workforce, majority of whom are women.

Frameworks Used: National Guidelines on Responsible Business Conduct, 2018 (NGRBC)

Certifications: LEED INDIA GOLD certification for corporate office