Climate Change Data

Ghani Global Glass Limited

Climate Impact & Sustainability Data (2018, 2022, 2024)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Corporate Social Responsibility
  • Safety, Health, Environment & Quality (SHEQ)
  • Environment Quality Management System
  • Quality Management System
  • Human Resource
  • Corporate Governance

Environmental Achievements

  • ISO 14001:2004 certified for Environment Management System
  • Zero air, water and ground pollution
  • Tree plantation program

Social Achievements

  • Annual Hajj pilgrimage for one employee (with pay)
  • Maintaining gardens and plants at sites to create a comfortable environment for employees and customers
  • Development of human resources, hiring highly qualified and experienced staff
  • In-house and outsourced training sessions for employees

Governance Achievements

  • Compliance with the Listed Companies (Code of Corporate Governance) Regulations, 2017
  • Formation of Audit Committee and Human Resource & Remuneration Committee
  • Implementation of a Code of Conduct for Board of Directors and employees

Climate Goals & Targets

Short-term Goals:
  • Expansion plan for setup of 3rd 120 TPD ASU plant (trial run operation by March 2019)

Environmental Challenges

  • Slow market trends due to political and national instability
  • Energy crisis
  • Price war
  • Availability of electric power (in South)
  • Increased demand for compressed and specialty gases around Lahore
Mitigation Strategies
  • Cost reduction strategies
  • Reduction in product losses through technological upgrades and better fund management
  • Expansion of operations and creation of new compressed gas facility in central Punjab
  • Upgrade of compressed gases facility at Tarnol
  • Improved power house control system to mitigate power failures

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance
  • Safety
  • Quality
  • Corporate Social Responsibility

Environmental Achievements

  • Adopted ISO 14001:2015 Environmental Management System
  • Launched tree plantation program
  • Installed HVAC system at ampoule factory to ensure dust-free air

Social Achievements

  • Sent one employee to Hajj annually (with pay)
  • Maintained cordial relations with all stakeholders
  • Implemented safety and environmental programs at furnace and ampoule factories with no loss incidents reported.

Governance Achievements

  • Complied with the Code of Corporate Governance (Listed Companies (Code of Corporate Governance) Regulations, 2019)
  • Formed Audit Committee and Human Resource & Remuneration Compensation Committee
  • Adopted Code of Conduct for Board of Directors and employees

Climate Goals & Targets

Medium-term Goals:
  • Enhance exports to South African, Latin American, and Eastern European countries
  • Increase ampoule capacity to 55M per month
  • Export glass ampoules and vials to Latin American markets
Short-term Goals:
  • BMR of existing furnace to enhance capacity of Neutral Borosilicate Glass Tube USP Type I

Environmental Challenges

  • Adverse economic factors due to global crisis, supply chain disruptions, inflation, and PKR devaluation
  • Continued surge in global food & fuel prices and energy pass-through resulting in high national CPI
Mitigation Strategies
  • Improved sales and profitability compared to the previous year
  • Installed six modern Italian ampoule forming machines and new automatic Mexican vial machines
  • Commissioned a new state-of-the-art fully automatic European technology furnace

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Converted to the latest version of Environmental Management System ISO 14001:2015
  • Launched a tree plantation program

Social Achievements

  • Significant strides in increasing gender diversity
  • Sending one employee to perform Hajj annually (with pay on Company's expense)

Governance Achievements

  • Annual evaluations of the Board of Directors and its subcommittees
  • Compliance with the Code of Corporate Governance (Listed Companies (Code of Corporate Governance) Regulations, 2019)

Climate Goals & Targets

Medium-term Goals:
  • Strengthen footing in export market, particularly South African countries, Latin American and eastern European countries
  • Explore good distributors of tubing in main lane European countries
  • Start exports to Cuba and target GCC Countries including Saudi Arabia and North African Countries for export of Glass Ampoules and vials
Short-term Goals:
  • Increase capacity of Neutral Borosilicate Glass Tube USP Type I
  • Increase ampules capacity to almost 55M per month

Environmental Challenges

  • Challenging economic phase in Pakistan
  • Significant increase in interest rate
Mitigation Strategies
  • Appropriate safeguards taken to minimize the impacts of macroeconomic factors and supply chain disruptions
  • BMR of existing furnace to enhance capacity
  • Expansion of three-line furnace to four lines
  • Purchase of six new European ampoule manufacturing machines

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Listed Companies (Code of Corporate Governance) Regulations, 2019

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 15378:2017

Third-party Assurance: CROWE Hussain Chaudhury & Co., Chartered Accountants