Climate Change Data

Godrej & Boyce Mfg. Co. Ltd.

Climate Impact & Sustainability Data (2014-2016)

Reporting Period: 2014-2016

Environmental Metrics

Renewable Energy Share:9% in 2016

ESG Focus Areas

  • Safety
  • Talent Management
  • Compliance
  • Risk Management
  • Innovation
  • Environmental Sustainability (Energy, Water, Waste, Biodiversity)
  • Social Performance (Labor Practices, Human Rights, Community Development)
  • Corporate Governance

Environmental Achievements

  • Reduced specific energy consumption by 39% compared to the 2011 baseline.
  • Achieved 43% reduction in water consumption compared to the 2011-2012 baseline; water positive in 2016.
  • Achieved 33% reduction in hazardous waste generation compared to the 2016 target.
  • Recycled 99.6% of non-hazardous waste.
  • Biodiversity index score of 63 out of 92.

Social Achievements

  • Institutionalized a structured talent management process.
  • Implemented a behavior-based safety approach.
  • Launched Godrej Disha, training 18,029 candidates in 2016.
  • Implemented community development projects in Shirwal, Bhagwanpur, Mohali, Khalapur, and Chennai.
  • Conducted employee engagement surveys.

Governance Achievements

  • Implemented a structured Enterprise Risk Management (ERM) system.
  • Launched a comprehensive stakeholder engagement program.
  • Improved compliance monitoring with an online system.

Climate Goals & Targets

Long-term Goals:
  • Zero non-hazardous waste to landfill and 50% reduction in hazardous waste by 2020.
  • Water positive by 2020.
Medium-term Goals:
  • Reduce specific energy consumption by 40% and increase renewable energy share by 30% by 2020.

Environmental Challenges

  • Sluggish economic environment
  • Complex regulatory environment
  • Global competitive forces
  • Domestic and international macroeconomic uncertainty
  • Challenges in energy efficiency (behavioral, organizational, technological)
Mitigation Strategies
  • Implemented various energy efficiency measures (improved operations and maintenance of air compressors, central air conditioners, manufacturing processes).
  • Increased renewable energy share (producer gas, solar PV).
  • Implemented various water management projects (water efficient processes, effluent treatment and recycling, rainwater harvesting).
  • Implemented various waste management practices (waste reduction, segregation, reuse, recycling).

Supply Chain Management

Responsible Procurement
  • Supplier meets and surveys; inclusion of environmental impact parameters in supplier assessment criteria.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001 (Pirojshanagar township and mangroves)