GODREJ AGROVET LIMITED
Climate Impact & Sustainability Data (2019-04 to 2020-03, 2022-04 to 2023-03)
Reporting Period: 2019-04 to 2020-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:>67%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Human Rights
- Environment
- Ethics, Transparency and Accountability
- Sustainability
- Employees' Well-being
- Stakeholders' Welfare
- Inclusive Growth and Equitable Development
- Customer Responsibility
- Influencing Regulatory Policy
Environmental Achievements
- Reduced specific energy consumption by more than 15% in the last three years at Creamline Dairy.
- More than 67% of total energy consumed was from renewable sources in FY 2019-20.
- Oil Palm business uses 99.5% renewable energy.
- Reduced specific water consumption by more than 5% in the last three years and by 3% in the last year.
- Reduced specific waste to landfill by 8%.
- Planted over 6300 trees on Environment Day.
- Integrated Watershed Management Project in Magadi, Karnataka, expected to offset 20,000 tons of carbon/annum and 5 million m³ of water/annum.
Social Achievements
- Integrated Rural Livelihoods Programme engaged with 7,392 households across 51+ villages, training 4,859 villagers.
- Agri-vocational training for 7000 young students.
- Future of Farming Conclave held.
- Godrej Careers 2.0 program for women on career breaks.
- Godrej Women’s Leadership Network.
- Godrej Alliance for Parents [GAP].
- Diversity Sensitization Workshops.
Governance Achievements
- Established a Whistle Blower Policy.
- Implemented a Policy and Internal Complaints Committee for Sexual Harassment Prevention.
- Mandatory training on prevention of sexual harassment for all employees.
- CSR Committee meets twice a year and reports to the Board of Directors.
Climate Goals & Targets
Long-term Goals:
- Carbon neutral by 2020 (stated as aspiration in the report)
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
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: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Excellent Energy Efficient Unit - Silver rating at the SNEMA Award 2019
- National Safety Award 2019
- Bombay Chamber of Commerce Award for Sustainability
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:40060 tCO2e (Scope 1 & 2)
Scope 1 Emissions:1413 tCO2e
Scope 2 Emissions:38647 tCO2e
Renewable Energy Share:73%
Water Consumption:9,25,224 kl
Waste Generated:35,548 tons
ESG Focus Areas
- Water Stewardship
- Energy and Emissions Management
- Waste Management
- Legal & Regulatory Compliance
- Occupational Health & Safety
- Human Rights
- Stakeholder Engagement
- Community Development
Environmental Achievements
- 7x water positive company, sequestered 14 million m3 water in FY 2022-23
- 73% of energy consumption from renewable sources
- Specific GHG emission reduction of 19%
- Sequestered 24,792 MT of CO2
- Vegetable oils business achieved ~100% renewable energy
- Aqua feed diverted 100% of Biomass Fly Ash waste from landfilling to recycling
Social Achievements
- Livelihood and entitlement enablement initiatives focusing on sustainable economic development
- CSR programmes touched the lives of 17,506 households and 25,000+ students
- Implementation of Company-wide Safety and Health Management System (SHMS) policy
- Digitized user-friendly platform “i-safe” to report safety incidents
Governance Achievements
- ISO 27001: 2021 certification for data security and information management
- All cattle feed plants are BIS certified
- Submission of GHG emissions reduction roadmap target in line with Science Based Target’s (SBTi)
Climate Goals & Targets
Long-term Goals:
- Carbon Neutrality by FY 2034-35
Medium-term Goals:
- Reduce Scope 1 & 2 GHG emissions by 37% and Scope 3 emissions by 16% by FY 2034-35
Short-term Goals:
- 10% reduction in specific water consumption by FY 2025-26
- 10% reduction in specific energy consumption by FY 2025-26
- 90% renewable energy by 2026
Environmental Challenges
- Poor waste management practices leading to regulatory non-compliance
- Failure to comply with relevant laws and regulations
- Potential impact on company’s operations, employees and communities due to occupational health and safety issues
Mitigation Strategies
- Robust waste management practices in line with '4R' principle
- Compliance with EPR guidelines and Hazardous Waste Management Regulations
- Robust compliance monitoring systems
- Implementation of Company-wide Safety and Health Management System (SHMS) policy
- Robust EHS risk management framework guided by ISO 45001, OHSAS 18001 standards
Supply Chain Management
Responsible Procurement
- Sustainable sourcing procedures for Animal Feed, Crop Protection and Vegetable Oils businesses
- Internal process for selection of suppliers including legal compliance, ISO certification, EHS practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NGRBC
Certifications: ISO 27001: 2021, BIS (Cattle feed plants), ISO 45001, OHSAS 18001 (Crop protection manufacturing units)