Sah Polymers Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- Sustainability
Environmental Achievements
- Commissioning of 500 kWp on-grid solar power project at Modi, Udaipur manufacturing site, contributing significantly to our captive power consumption and thus reducing our carbon footprint
Social Achievements
- Company-sponsored health check-up camp at different offices & facilities to ensure employees stay healthy and informed.
- Various sports activities during the company's Sports Day, promoting team building and camaraderie.
Governance Achievements
- Implemented a robust internal control system to safeguard all assets against unauthorized use or disposal, ensuring proper authorization, recording, and reporting of transactions.
Climate Goals & Targets
Long-term Goals:
- Sustainable growth and create substantial value.
Medium-term Goals:
- Serve the pharmaceutical industry.
Short-term Goals:
- Commence commercial supplies of new products in technical textiles and geotextiles.
- Obtain BRC audit certification.
Environmental Challenges
- Unprecedented volatility in raw material prices (various polymers derived from crude oil).
- Red Sea crisis leading to shipment delays and increased transit times and ocean freights.
- Lower off-take and demand in the European region.
Mitigation Strategies
- Investing in developing new products (technical textiles and geotextiles).
- Upgrading processes and standard operating procedures (BRC audit certification).
- Optimizing cost structure to mitigate the impact of raw material price volatility.
- Adjusting supply chain strategies to manage delays and increased costs.
- Exploring new markets (America & newer markets in Europe).
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- New products launched in Technical Textiles & Geotextiles category
Awards & Recognition
- Star Export House certificate