Climate Change Data

Allcargo Logistics Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:2,587,983 tCO2e/year
Scope 1 Emissions:337 tCO2e/year
Scope 2 Emissions:15,489 tCO2e/year
Scope 3 Emissions:2,572,157 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:40,432 GJ/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.87 tCO2e/ Revenue INR Crore (Scope 1 & 2)

ESG Focus Areas

  • Energy and Emissions
  • Biodiversity
  • Water and Waste
  • Occupational Health and Safety
  • Employee Wellbeing and Benefits
  • Responsible Supply Chain
  • Community Development
  • Diversity, Equity and Inclusion
  • Human Rights
  • Corporate Governance

Environmental Achievements

  • Planted over 860,000 trees (aiming for 3 million by 2027 and 5 million by 2030)
  • Introduced 125+ EVs in Gati's fleet, reducing carbon emissions by more than 25,000 tCO2
  • Achieved a BitSight Security Rating of 750 for Allcargo Logistics Limited and 790 for Gati Limited

Social Achievements

  • 33% female workforce rate
  • Launched RESTART program for women returning to work after a career break
  • Avashya Foundation positively impacted approximately 40,000 lives
  • Emerged as a ‘Great Place to Work’
  • Successfully implemented complex acquisitions, enabling a strategic turnaround

Governance Achievements

  • Zero cases of corruption and bribery reported
  • Zero cases of data and cybersecurity breaches
  • Implemented a comprehensive Human Rights policy
  • Implemented a Supplier Code of Conduct

Climate Goals & Targets

Long-term Goals:
  • Plant 3 million trees by 2027 and 5 million by 2030
Medium-term Goals:
  • Achieve carbon neutrality (Scope 1, 2, & 3) by 2040
  • 100% transition to renewable energy at owned facilities by 2040
  • 50% (40%-GATI) gender diversity in junior and middle management by 2040
  • 40% (30%-GATI) gender diversity in top management by 2040
Short-term Goals:
  • Plant a million trees by 2023

Environmental Challenges

  • Increasing Greenhouse Gas emissions from transportation services and travel
  • Potential reputational damage due to climate change impacts
  • Implications of carbon tax
  • Restrictions due to existing and emerging regulations on carbon emissions
  • Potential risks to biodiversity from operations
  • Potential risks of child labour and forced labour in the supply chain
  • Potential risks to customer privacy and data security
Mitigation Strategies
  • Achieving carbon neutrality by 2040 and 100% transition to renewable energy at owned facilities by 2040
  • Deploying decarbonisation strategies and tools
  • Partnering with carriers using renewable energy and greener fuels
  • Promoting sustainable logistics among suppliers
  • Exploring Power Purchase Agreements (PPAs) for renewable energy
  • Developing a standalone Biodiversity Policy and conducting Biodiversity Impact Assessments
  • Prioritising carriers complying with IMO, EEDI, and BWMC standards
  • Implementing stringent measures to prevent child labour and forced labour
  • Implementing robust cybersecurity frameworks and data protection measures

Supply Chain Management

Supplier Audits: Supplier assessments planned for the upcoming year.

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainable Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI 2021 Standards, BRSR, UN SDGs

Certifications: ISO 27001:2013 (Information Security Management Systems)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 11
  • SDG 13
  • SDG 14

Initiatives contribute to health, education, sustainable cities, climate action, and life below water.

Sustainable Products & Innovation

  • Green portfolio-based services (planned)

Awards & Recognition

  • Freight Forwarder of the Year
  • LCL Consolidator Of The Year
  • Women Icon of the Year
  • Best Organisation for Women Empowerment
  • Best CSR Impact Award
  • Most Preferred Brands Award
  • World CSR Day Award
  • LCL Consolidator of the Year - Eastern Star Awards
  • BT Best CEO Award
  • Asia’s Best Employer Brand Award
  • Top Most HR Leaders – ASIA