Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Cost Leadership
• Responsible Corporate Citizenship

Environmental Achievements

• ISO 14001 certification (mentioned, but no quantified achievement provided)
• Diversified geographic presence, leveraging resource and logistical advantages

Social Achievements

• People-centric organization with fair practices, competitive remuneration, and employee growth
• Community-strengthening initiatives near manufacturing facilities

Governance Achievements

• Strong Board of Directors
• Timely disclosures
• Stringent governance practices
• Culture of compliance
• AA Stable rating from CRISIL

Climate Goals & Targets

Environmental Challenges

• Global economic slowdown
• Slowdown in the Indian economy
• COVID-19 pandemic disrupting operations and supply chains
• Raw material cost volatility
• Industry risk (reduced offtake)

Mitigation Strategies

• Operational leanness and cost leadership
• Conservative business expansion strategy
• Broad-based geographic presence
• Strong relationships with miners to ensure timely supply
• Cash on hand and virtually no debt
• Necessary response measures to pandemic (factory shutdowns, disinfecting, increased safety measures)

Supply Chain Management

Responsible Procurement

• Strong relationships with miners

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Development
• Employee Well-being

Environmental Achievements

• Reduced carbon footprints through Wind Mill energy generation
• Solid slag produced is diverted for land filling and/or for fly ash brick making
• Water recycling in planation activities

Social Achievements

• Regular health check-ups for locals from villages nearby plant
• Supporting various institutions like BMA Foundation, ITI College, and Guru Gangeshwar Booramal Nishulk Chikitsa Seva Sansthan
• Periodic health camps

Governance Achievements

• Strong Corporate Governance practices
• Risk Management Policy implemented and monitored by Risk Management Committee
• Vigil Mechanism established

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting logistics, supply chain, and revenues
• Sporadic lockdowns affecting business operations
• Commodity price risk and foreign exchange risk

Mitigation Strategies

• Strict adherence to Government Guidelines
• Vaccination of manpower
• Cost and efficiency improvement measures
• Maintaining similar duration of order book and inventory book
• Hedging mechanism for currency fluctuation risk

Supply Chain Management

Responsible Procurement

• Strong relationships with suppliers
• PPAs with power utilities for uninterrupted power

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Wind Mill energy generation

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Development
• Employee Well-being
• Environmental Protection
• Responsible Operations
• Corporate Social Responsibility

Environmental Achievements

• Implemented energy efficiency measures
• Installed air pollution control devices (Gas Cleaning, Dust Extraction Systems, Mist Cannons, Rain Guns)
• Regular maintenance of equipment for optimum functionality
• Monitored ambient air quality in accordance with prescribed norms

Social Achievements

• Established BMA Foundation in 2017 for philanthropic initiatives in rural transformation, health, education, sports, disaster response, and culture & heritage.
• Supported various educational and healthcare organizations.
• Set up a school in Neamatpur – Asansol.
• Sponsored athletes who won Gold Medals at the Commonwealth Games.
• Undertook tree plantation drives focusing on indigenous species.
• Created a secure and stress-free working environment for employees.
• Implemented planned reward and recognition programs for employees.

Governance Achievements

• Implemented a robust risk management structure and processes.
• Established a Vigil Mechanism Policy.
• Complied with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
• Consistently maintained high credit ratings (CARE AA; Stable and CRISIL AA/Stable).

Climate Goals & Targets

Environmental Challenges

• Volatility in raw material prices (Manganese ore, power, and coke)
• Elevated coal prices impacting power tariffs
• Government regulations (environmental norms and import duties on raw materials)
• Intensified global competition

Mitigation Strategies

• Judicious investment in business expansion, resisting hurried acquisitions.
• Expansion only after achieving high utilization of previous capacity.
• Focus on efficient conversion, not open market positions on resources.
• Modest overheads to maintain sustained outperformance.
• Continuous monitoring and hedging of currency risk exposure.
• Investment in R&D for eco-friendly production processes.
• Stronger community relationships and proactive risk management.

Supply Chain Management

Climate-Related Risks & Opportunities