Manjushree
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2024)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:112,308.94 tCO2e/year
Scope 1 Emissions:770.22 tCO2e/year
Scope 2 Emissions:111,538.72 tCO2e/year
Renewable Energy Share:13%
Total Energy Consumption:136,466.00 MWh/year
Water Consumption:232.52 Megaliters/year
Waste Generated:7,608.72 tons/year
Carbon Intensity:53.54 tCO2e/INR in Crores
ESG Focus Areas
- Sustainable Packaging
- Climate Change
- Waste Management
- Product Safety and Quality
- Corporate Governance
- Employee Well-being
- Human Rights
- Diversity and Inclusion
Environmental Achievements
- Mitigated 17,180 tCO2e of GHG emissions by harnessing renewable sources like solar and wind power in FY 2023
- Accomplished 3,059.5 MT post-consumer plastic waste collection
- Increased in-house solar power generation capacity by 241.19% in FY 2023 compared to FY 2020
- Energy conservation measures across 14 plants yielded power savings totaling 54,16,826 kWh
- Harvested more than 60% of rainwater and ensured 100% treatment of effluent / sewage waste in FY 2023
Social Achievements
- 100% Eligible employees received performance and career development reviews
- Zero Reported incidents of child labor and discrimination
- 0.29 Lost time injury frequency rate
- INR 2.20 Crore CSR expenditure for FY 2023
Governance Achievements
- Zero Cases of corruption/bribery during FY 2023
- Zero Cases of conflict of interest during FY 2023
- Zero Instances of critical concerns during FY 2023
Climate Goals & Targets
Long-term Goals:
- Net-Zero emission commitment with SBTi by 2050
Medium-term Goals:
- Achieve ‘Zero Waste to Landfill’ by 2028
- Augment the proportion of women within the overall workforce to 20% by March 2028
- Reduce hazardous substances by 65% by 2030
Short-term Goals:
- Reduce emissions from scopes 1 and 2 by 30% by the end of FY 2025
- Obtain ISO 9001 certification for all operations by FY 2025
- Achieve 71% renewable energy utilization in overall operations by FY 2027
Environmental Challenges
- Extreme weather events disrupting operations
- Changing weather patterns impacting operations
- Rising sea levels affecting coastal operations
- Regulatory changes impacting product costs and demand
- Exposure to litigation due to environmental non-compliance
- Technology substitution requiring R&D investment
- Changing customer behavior towards eco-friendly products
- Increased raw material costs due to climate change
- Increased supply chain transparency and regulatory approvals
- Stakeholder activism demanding climate-positive change
Mitigation Strategies
- Emergency response plans, resilient infrastructure, alternative systems
- Efficient water usage, water management initiatives
- Emergency response plans, environmental assessments
- Continuous monitoring of regulatory changes, product innovation
- Strong corporate governance, compliance with regulations
- R&D investment in low-emission products, recycling plant
- Product innovation, R&D, partnerships with research institutes
- Diversified suppliers, risk identification, mitigation, and adaptation plan
- Strong corporate governance, compliance with regulations
- Stakeholder engagement plan, transition to lower carbon economy
Supply Chain Management
Supplier Audits: 85% of operations covered by SEDEX audits; annual contractor audits
Responsible Procurement
- Supplier code of conduct
- Sustainable sourcing practices
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Changing weather patterns
- Rising sea levels
Transition Risks
- Policy and legal mandates
- Technology substitution
- Market changes
- Reputation
- Stakeholder activism
Opportunities
- Resource efficiency
- Energy source diversification
- Product development
- Market access
- Supply chain diversification
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 9001 (13 plants), FSSC 22000, DMF Certification for FDA
Third-party Assurance: External independent agency (Annexure 1)
Sustainable Products & Innovation
- Recyclable valves for two-way caps
- Mono-material packaging
- Recycled plastic packaging
- Bio-based, compostable, and biodegradable materials
Awards & Recognition
- Various awards listed in the report
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Biodiversity
- Climate Change
- Environmental Sustainability
- Waste Management
- Water Conservation
Environmental Achievements
- Minimized habitat fragmentation during construction and expansion of plants
- No deforestation in establishment or expansion of facilities
- Improved campus appearance through beautification projects
- Prioritized eco-friendly, energy-efficient, and low-pollution products
- Ensured responsible disposal of goods through authorized recycling agencies
- Minimized use of toxic products and eliminated landfill disposal
- Decreased environmental footprint through conservation of materials, energy, and water
- Implemented waste segregation practices
- Developed plans for sustainable packaging solutions
Social Achievements
- Provided capacity-building initiatives on biodiversity for stakeholders
- Promoted awareness of biodiversity conservation among local communities, employees, and value chain
Governance Achievements
- Established robust policies and regulations for biosafety
- Provided environmental and biodiversity awareness training
- Compliance with environmental audits and assessments
Climate Goals & Targets
Environmental Challenges
- Habitat destruction
- Air pollution
- Climate change
- High wastewater generation
- Disruption of water bodies
- Introduction of invasive species
- Noise pollution
- Fragmentation of habitats
- Improper disposal of industrial waste
- Failure to adhere to regulations
Mitigation Strategies
- Habitat preservation
- Mitigation of emissions to combat global warming
- Climate change adaptation
- Water circularity
- Biodiversity conservation plans
- Waste management practices
- Compliance with regulations
- Biodiversity Aspect Impact Assessment (BAIA)
Supply Chain Management
Responsible Procurement
- Prioritizing eco-friendly products
- Ensuring responsible disposal of goods
Climate-Related Risks & Opportunities
Physical Risks
- Climate change altering habitats and species distributions
Sustainable Products & Innovation
- Eco-friendly, energy-efficient, and low-pollution products