Kirloskar Brothers Limited
Climate Impact & Sustainability Data (2022-23, 2023-24)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:2,883 + 22,507 = 25,390 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:2,883 tCO2e/year
Scope 2 Emissions:22,507 tCO2e/year
Scope 3 Emissions:3,699 tCO2e/year (Dewas plant only)
Renewable Energy Share:23%
Total Energy Consumption:170,756 GJ/year
Water Consumption:356,819 kl/year
Waste Generated:5,486.9 tons/year
Carbon Intensity:0.112 tCO2e/` mn (Scope 1), 0.875 tCO2e/` mn (Scope 2) in 2022-23
ESG Focus Areas
- Product Stewardship and Innovation
- Energy Management
- Diversity Equity and Inclusion (DEI)
- Emission Management
- Health and Safety
- CSR & Local Communities
- Materials Management
- Talent Attraction & Retention
- Supply Chain Management
- Risk Management
- Compliance Risk
- Marketing & Communications
- Customer Safety & Product Quality
- Economic Performance
- Business Ethics & Values
- Corporate Governance
- Human Capital Development
- Biodiversity
- Waste Management
- Water & Effluent Management
- Human Rights & Labour Conditions
- Public Policy Advocacy
Environmental Achievements
- Share of renewable energy in total electricity consumption reached 23% in FY 2022-23
- Scope 1 & 2 emissions sources were evaluated for all plants and scope 3 emission evaluated for Dewas plant
- BEE star rating certification for 350+ borewell submersible pumps
- Zero reportable accident in FY 2022-23
- ESG awareness training imparted to 30% of spend suppliers in FY 2022-23
- Registered for GreenCo re-certification of four manufacturing plants
Social Achievements
- Various initiatives for employee well-being (health insurance, accident insurance, maternity benefits, etc.)
- 100% return to work rate for permanent employees and workers who took parental leave
- Robust grievance redressal mechanisms for employees and workers
Governance Achievements
- Established a policy on Anti-Corruption and Anti-Bribery
- Sustainability Committee formed to oversee ESG activities and report to the Board
Climate Goals & Targets
Long-term Goals:
- Carbon Net Zero roadmap by FY 2025-26
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Green energy generation for group companies to increase by 20% over current capacity by FY 2025-26
- Continue development of borewell submersible pumps complying with 4 and 5-star ratings by FY 2023-24
- Continue development of energy-efficient dewatering pumps by FY 2024-25
- Enhancement of KirloSmart™ pump health monitoring system by FY 2023-24
- Scope 1, 2 & 3 emission inventory for all plants by FY 2024-25
- GreenCo re-certification for four manufacturing plants by FY 2023-24
- Target for zero reportable accidents year on year
- ESG awareness training to 70% spend suppliers by FY 2024-25
- Enhance female workforce by 20% at Dewas & Sanand plants in 3 years
- Increase inclusiveness by 10% by FY 2025-26
Environmental Challenges
- Emission Management
- Health and Safety
- Talent Attraction & Retention
- Risk Management
- Compliance Risk
- Marketing & Communications
- Biodiversity
- Waste Management
- Water & Effluent Management
- Human Rights & Labour Conditions
- Cyber Security & Digitalization
Mitigation Strategies
- Improving energy efficiency, deployment of renewable energy, and other emission control mechanisms
- Ensuring a safe working environment through internal safety controls, employee sensitization, and training
- Fostering a conducive environment for attracting and retaining top talents
- Comprehensive approach to identify, assess, and manage risks
- Strong oversight, system-based compliance monitoring, and continuous auditing processes
- Promoting responsible marketing through various strategies
- Effective internal systems and extensive plantation drives
- 3R Approach (Reduce-Reuse-Recycle) for resource efficiency
- Best water management practices to reduce environmental footprint
- Strengthened due diligence and periodic training
- Effective management of customer’s private information and adoption of technologies for business optimization
Supply Chain Management
Supplier Audits: 43% of key suppliers assessed
Responsible Procurement
- Supplier Quality Improvement Program (SQIP)
- Clause in Purchase order requiring compliance with statutory and regulatory provisions
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, BIS
Third-party Assurance: M/S Ernst and Young Associates LLP
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- PAT Pump
- PICO Pump
- Solar Pumping system
- DBxe Energy efficient pump
- LLC™ Products
- Star rating pumps
- Sewage handling pumps
Awards & Recognition
- Not disclosed
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:26730.52 tCO2e/year
Scope 1 Emissions:4044.89 tCO2e/year
Scope 2 Emissions:22685.63 tCO2e/year
Scope 3 Emissions:177765.70 tCO2e/year
Renewable Energy Share:20-22%
Total Energy Consumption:186443.64 GJ/year
Water Consumption:351449 kl/year
Waste Generated:3486.85 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Product Stewardship and Innovation
- Energy Management
- Diversity Equity and Inclusion
- Emissions
- Health and Safety
- CSR & Local Communities
- Materials
- Talent Attraction & Retention
- Supply Chain Management
- Risk management
- Compliance
- Marketing & Communications
- Customer Safety & Product Quality
- Economic Performance
- Cyber Security & Digitisation
- Business Ethics & Values
- Corporate Governance
- Human Capital Development
- Biodiversity
- Waste Management
- Water & Effluent Management
- Human Rights & Labour Conditions
- Public Policy Advocacy
Environmental Achievements
- CII GreenCo certification received for four manufacturing plants
- CII GreenPro Eco Label certification received for four product types
- GHG scope 1, 2 & 3 inventorisation completed for all locations
- Renewable energy contribution of 20-22%
- Reduction in GHG scope 1 & 2 emissions by 40% by FY 2025-26
- 38.09% recycled or reused input material to total material used in production (foundry operations only)
Social Achievements
- ESG assessment completed for value chain covering 65% of business spend
- ESG training conducted for value chain covering 50% of business spend
- 7.3% Female workforce
- Sustainable sourcing up to 30%
- Awareness training on ESG and NGRBC principles completed for 35% of employees
- Zero reportable accidents year on year
Governance Achievements
- Implemented Legatrix tool for compliance monitoring
- Quarterly compliance certificate from CMD to the Board
- ESG policies assessed and updated periodically
- Performance of all policies monitored through review of goals and commitments
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Continue development of Borewell Submersible pumps complying with 3-star rating and above by 25% over FY 2022-23 in next 5 years
- Continue development of energy efficient range of dewatering pumps by FY 2024-25
- Enhance female workforce up to 20% by FY 2029-30
- Sustainable sourcing up to 60% by FY 2029-30
Short-term Goals:
- Enhance renewable energy contribution to 70% by FY 2025-26
- Conduct ESG assessment and trainings for 75% of value chain by Mar-2025
- Reduce GHG scope 1 & 2 emissions by 40% by FY 2025-26
- Develop KirloSmartTM 2.0 health monitoring system by FY 2025-26
- Carbon Net Zero roadmap finalisation by FY 2024-25
- Awareness training on ESG and NGRBC principles for 100% employees by Mar-2025
Environmental Challenges
- Emissions management
- Talent attraction and retention
- Cyber security & digitization
- Compliance risks
- Biodiversity risks
- Waste management
- Water & effluent management
- Human rights & labor conditions
- Corporate governance
Mitigation Strategies
- Improving energy efficiency, deployment of renewable energy, and focused emission management
- Higher education & skill development, career growth opportunities, employee engagement initiatives, rewards & recognitions
- Effective data management, stringent security controls and focus on digitization across all processes
- LEGATRIX tool with strong focus and monitoring for effective compliance management
- Effective internal systems and extensive plantation drives protecting the natural flora and fauna of the operating ecosystem
- 3R Approach– ‘Reduce- Reuse-Recycle’ for resource efficiency and mitigating the impacts arising out of unsustainable handling of waste
- Best water management practices to reduce overall environmental footprint including Zero liquid discharge
- Strengthened due diligence for increased accountability avoiding human rights related risks in operations and value chain by conducting periodic training for promoting fairness in business and ensuring social accountability for the stakeholders
- Adherence to ethical business standards, integrity and values through robust corporate governance, risk management, compliance system, and grievance redressal mechanisms
Supply Chain Management
Supplier Audits: 65% (ESG assessment)
Responsible Procurement
- Sustainable sourcing policy
- Supplier Code of Conduct
- Supplier quality improvement program
- ESG assessment of value chain partners
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: NGRBC
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, BIS, BEE Star Rating, FM-UL, CII GreenPro, CII GreenCo
Third-party Assurance: M/s KPMG India Private Ltd, M/s TUV NORD India Private Ltd, M/s TUV SUD India Private Ltd
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- High efficiency motor - IE4/IE5 motors for Monoblock pumps
- Development of FGD pumps
- Solar pumping system
- Micro hydro power generator - PAT/PICO
- Submersible pumps for desalination industry
- Products for nuclear industry
- Fire-fighting pumps with FM/UL approval
- Induction Furnace for CI Foundry
- BEE star rating certification for borewell submersible pumps
- Development of high-efficient DBxe end suction pump series
- HPML Technology for Cast Iron foundry at Dewas
- High efficiency product for process application
Awards & Recognition
- Not disclosed