Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Safety

Environmental Achievements

• Commissioned a water recycling/purifier plant, reducing chemical dosing and improving the process.
• Implementing a water harvesting system to reduce rainwater wastage.
• Replaced mercury technology with zero-gap membrane technology, resulting in huge reduction in power requirements and reduced carbon footprint.

Social Achievements

• Maintained harmonious relationship with workforce and constantly works for their intellectual and financial betterment.

Governance Achievements

• Board evaluation carried out annually.
• Established a vigil mechanism for directors and employees to report concerns about unethical behavior, actual or suspected fraud or violation of the company’s Code of Conduct or ethics policy.

Climate Goals & Targets

Environmental Challenges

• Hike in power tariff
• Expansion of installed capacities in the domestic caustic industry
• Cheaper import of Caustic Soda
• Increase in Cost of production
• Company has not received all the records from old management.

Mitigation Strategies

• Plans to replace old forced circulation technology ASAHI Electrolysers with NCZ technology Electrolysers for making the entire production process energy efficient.
• Working on few new products for captive consumption of Chlorine.
• In the process of reconciliation the records to deposit the whole amount in the Investor Education and Protection Fund (IEPF).

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Occupational Health and Safety
• Corporate Social Responsibility

Environmental Achievements

• Achieved ISO 14001:2015 certification for environmental management system
• Started work on implementing a water harvesting system

Social Achievements

• Achieved ISO 45001:2018 certification for occupational health and safety
• Adopted an ITI institution to train students for industrial work and employment

Governance Achievements

• Achieved ISO 9001:2015 certification for quality management system
• Established a vigil mechanism for reporting unethical behavior

Climate Goals & Targets

Environmental Challenges

• Slowing down economy impacting sector profitability
• Hike in power tariff
• Expansion of installed capacities in the domestic caustic industry
• Cheaper import of Caustic Soda
• Increase in Cost of production

Mitigation Strategies

• Modernization of the plant with replacement of electrolysers to reduce power consumption
• Working on possibilities of adding to the product line with chlorine derivatives
• In-house consumption of chlorine to help in further expansion of caustic manufacturing facilities
• Monitoring energy consumption figures and making modifications to optimize energy consumption

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Safety
• Pollution control
• Energy conservation
• Water conservation

Environmental Achievements

• Complete phase out of LSHS (Low Sulphur Heavy Stock) fuel and switched over to clean fuels such as Hydrogen and LPG (Liquefied Petroleum Gas).
• Two stage RO (Reverse Osmosis) system is installed for ETP (Effluent Treatment Plant) outlet for optimizing water conservation by reuse of treated effluent back in process.
• Waste generation in form of brine sludge is reduced by having stringent permissible limits of impurities in super washed salt procured.

Social Achievements

• Harmonious relationship with workforce and constantly work for their intellectual and financial betterment.
• Continuous training of employees.

Governance Achievements

• Periodic review of financial performance against approved plans and taking necessary action.
• Establishment of a vigil mechanism for directors and employees to report concerns about unethical behaviour, actual or suspected fraud or violation of the company’s Code of Conduct or ethics policy.

Climate Goals & Targets

Environmental Challenges

• Hike in power tariff
• Expansion of installed capacities in the domestic caustic industry
• Cheaper import of Caustic Soda
• Increase in Cost of production
• Sudden emergence of the Russia-Ukraine conflict created uncertainty and volatility on a global scale.
• Weak demand from Aluminium manufacturers and slowdown in the global economy may contribute to price drops in Caustic Soda product during the first quarter of the financial year 2023-24.

Mitigation Strategies

• Government’s interventions and balanced approach minimized the impact on our economy.
• Company is very much confident that we can adapt our self in present situation and took the best advantage of it.
• Regular Safety, Energy & Fire safety audits are conducted for sustaining the present prevailing practices and attain continual improvement by compliance to the areas of improvement identified during such audits.
• Establishing closed loop systems for water conservation by use of Caustic Concentrator Unit steam condensate in boiler and product condensate in plant process.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Sustainability

Environmental Achievements

• Commissioned 16 MW Solar Power Plant in Bikaner

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Lower realizations in caustic soda

Mitigation Strategies

• Disciplined approach to cost control, resource optimization and an ongoing focus on enhancing operational efficiencies

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Closure of 200 TPD mercury cell factory to eliminate mercury release into the water cycle.
• Transition to cleaner fuels (Hydrogen and LPG) in boilers, reducing emissions.
• Installation of a 12 MW solar power plant (planned for completion in 2024) to reduce reliance on non-renewable resources.
• Installation of Reverse Osmosis (RO) plants for wastewater recycling and responsible water management.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Decline in revenues and profitability in Q1 FY24 due to a typical business cycle in the commodity chemicals industry and reduced market rates.

Mitigation Strategies

• Proactive adjustments to market dynamics, initiatives to enhance operational efficiency, and capitalizing on emerging opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed