Climate Change Data

Allcargo Logistics Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:25,87,983 tCO2e/year
Scope 1 Emissions:337 tCO2e/year
Scope 2 Emissions:15,489 tCO2e/year
Scope 3 Emissions:25,72,157 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:40,432 GJ/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.87 tCO2e/ Revenue INR Crore (Scope 1 and 2)

ESG Focus Areas

  • Energy and Emissions
  • Biodiversity
  • Water and Waste
  • Occupational Health and Safety
  • Employee Wellbeing and Benefits
  • Responsible Supply Chain
  • Supplier Network
  • Sustainable Sourcing
  • Customer Relationship
  • Community Development
  • Human Resources Management
  • Diversity, Equity and Inclusion
  • Human Rights
  • Corporate Governance

Environmental Achievements

  • Planted over 860,000 trees (aiming for 3 million by 2027 and 5 million by 2030)
  • Introduced 125+ EVs in Gati's fleet, reducing carbon emissions by more than 25,000 tCO2
  • Achieved zero cases of corruption and bribery

Social Achievements

  • 33% female workforce rate
  • Launched RESTART program for women returning to work after a career break
  • Avashya Foundation positively impacted approximately 40,000 lives
  • Emerged as a ‘Great Place to Work’
  • Successfully implemented complex acquisitions

Governance Achievements

  • Implemented a robust sustainability strategy in line with global standards
  • Established an ESG dashboard to track environmental and social footprint
  • Maintained zero cases of bribery and corruption
  • Implemented a Whistle-blower Policy and established a Vigil Mechanism

Climate Goals & Targets

Long-term Goals:
  • Plant 3 million trees by 2027 and 5 million by 2030
Medium-term Goals:
  • Achieve Carbon Neutrality (Scope 1, 2, & 3) by 2040
  • 100% transition to renewable sources for electricity consumption at all owned facilities by 2040
  • 50% (40%-GATI) gender diversity in junior and middle management by 2040
  • 40% (30%-GATI) gender diversity in top management by 2040
Short-term Goals:
  • Plant a million trees by 2023

Environmental Challenges

  • Increasing Greenhouse Gas emissions from transportation services and travel
  • Potential reputational damage due to emissions
  • Implication of carbon tax
  • Restrictions due to existing and emerging regulations
  • Potential impact on native species in ocean and around warehouses
  • Operations in sensitive and protected areas
  • Potential for child labour and forced labour within the workforce
  • Bias hindering healthy professional relationships
  • Reduced need for migrants
  • Inclusion and retention of talent
  • Potential for accidents and incidents impacting productivity and revenue
  • Potential for supply chain disruptions from environmental, social and economic impacts
Mitigation Strategies
  • Achieving carbon neutrality by 2040
  • Transitioning to 100% renewable energy by 2040 at owned facilities
  • Partnering with carriers using renewable energy
  • Prioritizing carriers and road freight partners using greener fuels
  • Exploring Power Purchase Agreements (PPAs) for renewable energy
  • Developing a standalone Biodiversity Policy
  • Conducting Biodiversity Impact Assessments
  • Prioritizing collaborating carriers with fleets equipped with environmental technologies
  • Implementing stringent measures to prevent child labour and forced labour
  • Establishing a comprehensive Human Rights policy
  • Using a human rights checklist to track various aspects of employee wellbeing
  • Implementing a robust supply chain management strategy
  • Reducing cost of input material, energy, and transportation through resource optimisation
  • Conducting supplier assessments to understand risk profile and capacity

Supply Chain Management

Supplier Audits: Supplier assessments planned for critical and non-critical tier 1 suppliers in a phased manner.

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainable Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Carbon tax
  • Tightening regulations on carbon emissions
Opportunities
  • Transition to renewable energy
  • Sustainable transportation partnerships

Reporting Standards

Frameworks Used: GRI 2021 Standards, BRSR, UN SDGs

Certifications: ISO 27001:2013 (Information Security Management Systems)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 11
  • SDG 13
  • SDG 14

Various initiatives contributing to health, education, sustainable cities, climate action, and life below water.

Sustainable Products & Innovation

  • Green portfolio-based services (planned)

Awards & Recognition

  • Freight Forwarder of the Year
  • LCL Consolidator Of The Year
  • Women Icon of the Year
  • Best Organisation for Women Empowerment
  • Best CSR Impact Award
  • Most Preferred Brands Award
  • World CSR Day Award
  • LCL Consolidator of the Year - Eastern Star Awards
  • BT Best CEO Award
  • Asia’s Best Employer Brand Award
  • Top Most HR Leaders – ASIA