Vadilal Industries Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:13384.09 Metric tonnes of CO2 equivalent (Scope 1 & 2)
Scope 1 Emissions:13384.09 Metric tonnes of CO2 equivalent
Scope 2 Emissions:0 Metric tonnes of CO2 equivalent
Scope 3 Emissions:13384.09 Metric tonnes of CO2 equivalent
Total Energy Consumption:25,18,17,841 GJ
Water Consumption:3,55,386 kiloliters (withdrawal)
Waste Generated:55.445 metric tonnes
ESG Focus Areas
- Sourcing ingredients sustainably
- Manufacturing sustainably
- Optimizing water use
- Building sustainable packaging options
Environmental Achievements
- Substantial progress in reducing overall emissions
- Increased usage of renewable sources of energy
- Reduced overall use of virgin plastic material
- Recycling of plastic and E-Waste through authorized vendors
Social Achievements
- 100% of permanent employees covered by health insurance
- 100% of permanent employees covered by accident insurance
- Initiated collection and management of plastic packaging through registered waste management service providers as a part of EPR
- Continuous efforts to improve overall product quality by following stringent GMP norms and continuous process innovation
Governance Achievements
- Company has a policy which prescribes certain values and principles and Company has committed to globally.
- The Board of Directors reviews the Company’s Business performance on an annual basis
- Risk Management Committee addresses internal/external risks pertaining to sustainability
Climate Goals & Targets
Environmental Challenges
- Limited recycling infrastructure
- Reduced plastic consumption, use of recycled content and pack-size optimization
Mitigation Strategies
- Move to mono layer laminate to mitigate impact
- Approach directed towards circular economy
- Reduced plastic usage
Supply Chain Management
Responsible Procurement
- Company has sourcing policy which includes vendor selection procedure, standard norms, delivery schedule, quality parameter, visit to vendor’s location for proper sourcing