Climate Change Data

NGL FINE-CHEM LIMITED

Climate Impact & Sustainability Data (2021-04 to 2022-03, 2023-04 to 2024-03)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Renewable Energy Share:70% of boilers use green fuels

ESG Focus Areas

  • Sustainability
  • Environmental consciousness
  • Community development
  • Employee well-being

Environmental Achievements

  • Shifted to green fuels across all manufacturing plants, saving 411 tonnes of fossil fuel.
  • Converted F-11 ETP to Zero Liquid Discharge.

Social Achievements

  • Initiated vaccinations for all workforce and their families.
  • Undertook measures to reduce pollution and recycle waste.
  • Aided in empowering rural women through skill development and vocational training.
  • Contributed to various charitable causes including animal shelters, school sanitation, and Covid-19 relief.

Governance Achievements

  • Appointed Non-Executive Women Independent Director.
  • Implemented a Vigil Mechanism policy.
  • Adopted a policy on Sexual Harassment of Women at Workplace.

Climate Goals & Targets

Long-term Goals:
  • To be the most sustainable and competitive Company in our industry.
Medium-term Goals:
  • Complete greenfield capacity development at Tarapur facility in FY 2023-24.
Short-term Goals:
  • Complete transition to zero liquid discharge at Macrotech’s plant by Q1 FY23.

Environmental Challenges

  • Higher prices of chemicals, commodities, and metals due to supply and logistical bottlenecks and the war in Ukraine.
  • Pressure on margins due to rising input prices and fuel & freight costs.
Mitigation Strategies
  • Focused on increasing penetration of principal products in all current markets.
  • Built a win-win offer for clients via continual R&D and innovation.
  • Capacity expansion and innovative product portfolio to meet rising needs for animal healthcare.

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Certifications: WHO GMP, cGMP-accredited

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Forbes Asia ‘Best under a Billion’
  • IPF Industrial Excellence Award
  • Top 100 (rank 23), Platinum and Most creative report worldwide at the League of American Communications Professionals (LACP) Vision Awards 2020

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:CO2-0.62 Ug/m3 N2O-6.82 Ug/m3 (Scope 1); NOx-13.40 ug/m3 (Scope 2)
Total Energy Consumption:16,98,865.234 GJ
Water Consumption:60,240.4 kilolitres
Waste Generated:957.968 metric tonnes

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved water-positive operations
  • Investments in energy-efficient products and processes

Social Achievements

  • Partnerships with waste recyclers
  • Community support initiatives through CSR engagement

Governance Achievements

  • ESG compliance focus
  • Strengthening regulatory capacity in key markets

Climate Goals & Targets

Environmental Challenges

  • Adoption of emerging technologies at competitive costs
  • Navigating the transition to clean energy
  • Waste, water, and energy management
  • Occupational health and safety incidents
  • Climate change related supply chain disruptions
  • Upholding business ethics
Mitigation Strategies
  • Focussing on stable and larger markets
  • Strengthening regulatory capacity
  • Robust governance and review mechanisms
  • Decarbonising operations, GHG emission reduction measures, and physical climate risk assessment
  • Adherence to the precautionary principle
  • Robust EHS management system with periodic internal and external audits
  • Comprehensive corrective action plans following safety incidents
  • Mandatory safety training and awareness sessions
  • Adherence to Code of Conduct and Whistle Blower Policy

Supply Chain Management

Responsible Procurement
  • Responsible procurement practices; Encouraging local sourcing

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events disrupting supply chains and manufacturing operations