Climate Change Data

ASTRA MICROWAVE PRODUCTS LIMITED

Climate Impact & Sustainability Data (2019-2020, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2019-2020

Environmental Metrics

ESG Focus Areas

  • CSR
  • Employee Well-being
  • Environment

Environmental Achievements

  • Adequate measures taken to conserve and reduce energy consumption.
  • Emissions/waste generated within permissible limits.

Social Achievements

  • Cordial and harmonious industrial relations.
  • Policy on Prevention of Sexual Harassment of Women at Workplace adopted.
  • CSR expenditure of Rs. 110.75 Lakhs (2.3% of PAT).

Governance Achievements

  • Compliance with Corporate Governance requirements.
  • Five Board Meetings held.
  • Five Audit Committee meetings held.
  • Four Nomination and Remuneration Committee meetings held.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting business operations (plant closure March 22 - May 3, 2020).
  • Uneven and skewed sales pattern due to dependence on government decisions.
  • Lumpy nature of defence export business due to offset provisions and export regulations.
Mitigation Strategies
  • Measures taken to mitigate the impact of COVID-19.
  • Close monitoring of supply chain, cash conservation, fixed cost control, and investment in growth areas.
  • Exploring organic and inorganic options to stabilize top-line performance.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Third-party Assurance: Price Waterhouse Chartered Accountants LLP

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:3,019.55 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:1,188.03 tCO2e/year
Scope 2 Emissions:2,831.52 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:18,363.15 GJ/year
Water Consumption:24,823.04 kl/year
Waste Generated:13.83 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed a solar power plant to increase renewable energy consumption.
  • Implemented sewage treatment plants (STPs) across units to manage wastewater.

Social Achievements

  • Prioritized employee training and development.
  • Established a grievance portal for vendors, customers, investors, and employees.

Governance Achievements

  • Developed a Business Responsibility and Reporting (BRR) policy.
  • Bangalore building achieved a 5-star GRIHA rating.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Data availability and quality
  • Regulatory uncertainties
  • Evolving investor expectations
Mitigation Strategies
  • Continuously monitoring and adapting to challenges to ensure sustainability practices align with best standards and practices.

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 45001:2018, ISO 14001:2015, ISO 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:3373.54 tCO2e/year
Scope 1 Emissions:653.34 tCO2e/year
Scope 2 Emissions:2720.20 tCO2e/year
Renewable Energy Share:25.3%
Total Energy Consumption:20201.77 MWh/year
Water Consumption:49123.74 m3/year
Waste Generated:17.56 tons/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Invested in a solar power plant to increase reliance on renewable energy sources.
  • Implemented sewage treatment plants (STPs) across all units to ensure responsible water use and minimize environmental footprint.
  • Bangalore building holds a 5-star GRIHA rating.

Social Achievements

  • Established a transparent and efficient grievance portal for vendors, customers, investors, and employees.
  • Prioritize employee training and development.

Governance Achievements

  • Regularly reviews and updates policies to ensure they remain relevant and effective.
  • Board oversees the review of governance practices and structures.

Climate Goals & Targets

Environmental Challenges

  • Data availability
  • Evolving regulations
  • Investor expectations
Mitigation Strategies
  • Continuous monitoring and adapting to challenges.
  • Setting clear targets in key areas such as poverty eradication, energy use, sustainable transport, health, and promoting full employment.

Supply Chain Management

Climate-Related Risks & Opportunities