Climate Change Data

AYM Syntex Limited

Climate Impact & Sustainability Data (2021-04 to 2022-03)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Energy Consumption:1517 Lakhs kVA
Water Consumption:1.5 Lakhs KL

ESG Focus Areas

  • Environmental Sustainability
  • Community Development
  • Employee Well-being

Environmental Achievements

  • India’s largest, 100% environment-friendly and automated yarn dyeing facility equipped with a zero liquid discharge system.
  • Increased adoption of renewable energy sources
  • Reduced utility consumption and conversion costs in Palghar

Social Achievements

  • Anganwadi Centre developed in Randha village, benefiting 150 children.
  • Balwadi at Palghar for rural working mothers' children.
  • COVID relief packets distributed to 13.5K+ beneficiaries.
  • Vaccination drives covering 4200+ community members and employees' families.
  • Employee well-being plan including benefits for families of deceased employees and scholarship programs.

Governance Achievements

  • Robust risk management system implemented.
  • Strong governance and escalation mechanism.
  • Well-defined framework for capital gearing.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions in operations.
  • Sustainable and profitable growth.
Medium-term Goals:
  • Increase margins by using existing equipment to make more premium products.
  • Continue to invest in developing new export markets and scaling business profitably.
Short-term Goals:
  • Maintain capacity utilization in a slowing global economy.
  • Commercialize additional capacity in value-added products.

Environmental Challenges

  • Supply chain disruptions due to the pandemic and geopolitical uncertainty.
  • Increased raw material costs.
  • Reduction in demand due to economic slowdown.
  • High freight rates.
  • Raw material price fluctuations due to crude oil price fluctuations.
Mitigation Strategies
  • Focus on exports and value-added products.
  • Freight contracts to manage freight costs.
  • Throughput improvement initiatives to increase output.
  • Cost initiatives to reduce expenses.
  • Development of new export markets.

Supply Chain Management

Responsible Procurement
  • Procurement through local suppliers: 64%

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Companies Act, 2013, Indian Accounting Standards, SEBI (LODR) Regulations, 2015, Secretarial Standards issued by the ICSI

Certifications:

Third-party Assurance: Price Waterhouse Chartered Accountants LLP

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • Recycled Nylon and Polyester yarns.

Awards & Recognition

  • Not disclosed