Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Waste Management
• Diversity and Inclusion
• Employee Safety, Health and Well-being
• Innovation- Product Quality and Safety
• Ethics and Governance
• Oil Palm Derivatives
• Financial Growth
• Labour Relations
• Customer Communication

Environmental Achievements

• Achieved 33.9% GHG Reduction (Intensity) in India
• Achieved 15% GHG Reduction (Intensity) in Egypt
• Achieved 9% Packaging Waste Reduction (Intensity)
• Achieved 60.3% Water Reduction (Intensity) in India
• Achieved 30% Water Reduction (Intensity) in Egypt
• 803 kWp rooftop solar installation
• Taloja plant conferred with CII Green Company rating (GreenCo - Silver level)

Social Achievements

• Launched GalEcosafe - Fatty Alcohol Ether Sulphates with ultra-low 1,4-Dioxane levels
• Commercialised Galguard LipoG: Non-toxic, biodegradable preservative
• Introduced the ‘COVID-Family Care’ Policy
• Supported 100 Creches in Chhattisgarh, providing nutritional food to 1100 infants
• Supported free diagnosis and treatment of 495 tuberculosis patients in Chhattisgarh
• Established a Primary Health Center in Talodara Village, Gujarat, benefiting 11,458 people
• Provided safe drinking water facility to 22 schools covering 1556 students
• Constructed 4 Classrooms and distributed 300 school kits
• Completed its first Integrated Village Development Project in Bijalwadi Village, Maharashtra

Governance Achievements

• Achieved consistent progress in Carbon Disclosure Project (CDP) 2020
• Won the GOLD medal 2020, awarded by EcoVadis
• Jhagadia Site received new EFfCI GMP certificate along with ISO 9001:2015 certificate
• Taloja facility received ISO 50001:2018 certification
• India location granted permission to use Responsible Care Logo

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic and resulting supply chain disruptions
• Lockdowns impacting Indian operations
• Skilled migrant labour exodus delaying projects
• Water scarcity in India
• Increased waste due to new projects and products

Mitigation Strategies

• Agile supply chain responses
• Strict preventive and hygiene protocols
• Strong risk management practices
• Robust vendor relations
• Water conservation projects
• Recycling by-products/waste for internal consumption

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct
• Sustainable sourcing
• RSPO certified suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Resource efficiency and cost savings
• Adoption of low-emission energy sources
• Development of new products and services

Reporting Standards

Frameworks Used: GRI Standards: Core option, TCFD, AA1000AS version 03

Certifications: ISO 14001, OHSAS 18001, ISO 14064, ISO 50001:2018, ISO 45001:2018, ISO 9001:2015, RSPO

Third-party Assurance: Bureau Veritas (India) Private Limited

UN Sustainable Development Goals

• SDG 3
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 12
• SDG 13

Not disclosed

Sustainable Products & Innovation

• GalEcosafe
• Galguard LipoG
• Hyaclear 7
• Sodium Lauryl Lactylate

Awards & Recognition

• EcoVadis Gold medal
• CII GreenCo Silver rating
• GreenCo Silver for Taloja Manufacturing Unit
• Best Ingredient Award- Gold in HPCI India
• CSR Leadership Award by National CSR Leadership Congress
• ICIS Innovation Award- 2018 - Green Process

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Water Stewardship
• Diversity and Inclusion
• Supplier Sustainability
• Employee Well-being
• Safety
• Human Rights
• Business Ethics
• Data Security

Environmental Achievements

• Reduced GHG emissions by 4734.08 tCO2 eq through energy efficiency projects
• Avoided 7,800 tCO2 eq emissions by using solar energy
• Avoided over 65,000 tCO2 eq emissions through sourcing of green raw materials
• Recycled 18% of water globally (25% in Indian operations)
• Harvested 12 megaliters of rainwater in Indian operations
• Procured >35,000 MT of RSPO MB certified raw materials
• Reduced plastic waste by 30% in packaging through the replacement of BOPP bags with Kraft Paper bags
• Reduced plastic waste by 25 MT through bulk sourcing of raw materials in ISO tankers

Social Achievements

• Increased women representation in workforce to 10.19%
• Achieved Great Place to Work certification
• 21% new hires with 23% being female
• LTIFR of 0.32
• Invested INR 3.22 Cr in Safety, Health, and Environment
• Benefited 147,939 individuals through CSR initiatives
• Implemented Waste Elimination Suggestion Award Program (WESAP)

Governance Achievements

• Implemented ISO 50001:2018 Energy Management System at Taloja unit
• Implemented ISO 45001:2018 across all locations
• Established Sustainability Cell with Steering Committee, execution team, and implementation team
• Implemented a comprehensive Nomination and Remuneration Policy
• Implemented a robust vendor onboarding process
• Implemented a comprehensive Whistle Blower Policy
• Implemented a comprehensive POSH policy

Climate Goals & Targets

Environmental Challenges

• Climate change-related issues and compliance with current and future regulations
• Water scarcity
• Changing consumer behavior towards green products
• Reputational risk from negative stakeholder feedback
• Zero deforestation and oil palm traceability
• Data security and cyber threats

Mitigation Strategies

• Corporate Sustainability plan for 2030 focusing on water, waste, climate change, and diversity
• Annual GHG accounting and Life Cycle Analysis of products
• Shifting to renewable energy sources and cleaner fuels
• PARIVARTAN-WESAP program for waste reduction
• RSPO certification and enhanced oil palm traceability
• Strengthening security infrastructure and implementing 24-hour surveillance

Supply Chain Management

Supplier Audits: 33 suppliers assessed for environmental and social impacts

Responsible Procurement

• Supplier Code of Conduct
• Sourcing of RSPO-certified palm oil derivatives
• Environmental and social criteria for supplier selection (52% of new suppliers screened)

Climate-Related Risks & Opportunities

Physical Risks

• Changes in precipitation patterns
• Droughts
• Extreme weather events

Transition Risks

• Impact of climate and energy policies
• Evolving customer preferences

Opportunities

• Demand for eco-friendly solutions
• Demand for solutions related to low-carbon mobility, recycling, and urbanization

Reporting Standards

Frameworks Used: GRI Consolidated Standards 2021, BRSR

Certifications: ISO 50001:2018 (Taloja unit), ISO 45001:2018 (all locations), RSPO (MB) (India and Egypt)

Third-party Assurance: Bureau Veritas (India) Limited

Sustainable Products & Innovation

• Galseer Tresscon
• Galmol CCT
• Alkyl Polyglucosides

Awards & Recognition

• Supplier Excellence Award (P&G)
• Excellence in Service, Innovation and Value (Unilever)
• Certificate of Merit (ICC)
• Trishul Award (CHEMEXCIL)
• Platinum trophy award (CII)
• Silver Award (CII)
• Champions' Trophy (CII)
• National award for Excellence in Energy Management (CII)
• Certificate of Excellence (Baroda Productivity council)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Water Stewardship
• Diversity and Inclusion
• Green Supply Chain
• Employee Safety
• Community Development
• Human Rights

Environmental Achievements

• Recycled 3,755 MT of Waste and Re-used 1,630 MT
• 18% of Water consumed was recycled
• 14% of our Global operations run-on Renewable Energy
• 73,648 Trees were planted as part of our CSR Projects
• Avoided 7,148 tCO2e Emission by increase in % of consumption of solar electrical power
• Rainwater Harvesting of 13,396 m3 of water within the boundary
• Water Positive at Corporate – More than 1.4 times Water Positive
• Recycled water of 1,10,647 KL used in operations
• Sold more than 80,920 MT of RSPO MB Certified Finished goods
• Oil Palm Traceability more than 95% till Mill Level

Social Achievements

• Certified as a 'Great Place to Work'
• Launched Mission Shunya: A Zero Harm Initiative
• Multiple CSR initiatives impacting close to 4.5 lakh people
• Increased female representation in workforce (goal set for 2025)
• No major safety incident occurred during the year 2023-24

Governance Achievements

• Amended company values to incorporate “Safety First” as the topmost value
• Transition of leadership from founders to professional management
• Implementation of Industry 4.0

Climate Goals & Targets

Environmental Challenges

• Volatile global environment
• Multiple macros as well as supply chain issues
• Unfavourable mix impacting profitability
• Russia-Ukraine war triggering inflation and macro-instability
• Slowdown in demand
• Red Sea crisis disrupting global supply chain
• Delay in monsoons or below-average monsoons in India
• Unavailability of key feedstocks/constrained availability of critical raw materials
• Slower than expected recovery in demand
• Delay in new launches or slower than expected restocking/recovery cycle of Premium specialties
• Container unavailability or sudden increase in Freight costs
• Increased lead times due to sudden change in routes

Mitigation Strategies

• Exploring alternative routes and changing the port of entry
• Maintaining constant communication with customers
• Providing tailored solutions to simplify the product development process
• Implementing advanced technologies to reduce emissions
• Adopting renewable energy sources
• Optimising production processes to be more energy-efficient
• Treating water before use and recycling it extensively
• Implementing a comprehensive strategy following the waste management hierarchy
• Investing in innovative technologies and fostering a culture of sustainability
• Implementing several measures to enhance its Cybersecurity measures

Supply Chain Management

Supplier Audits: 36% of raw material suppliers and 50% of packaging material suppliers audited in FY 2023-24

Responsible Procurement

• Supplier Code of Conduct
• RSPO certification
• Adherence to internal or external sustainability standards

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather conditions

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Using renewable energy

Reporting Standards

Frameworks Used: GRI, CDP, RSPO, RCGC

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001, ISO 10002, ISO 14064, RSPO (Mass Balance), EFfCI GMP

Third-party Assurance: Bureau Veritas (India) Private Limited

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through various environmental and social programs

Sustainable Products & Innovation

• Galaxy Hearth® Fabcon
• Galseer® Flexcon
• Galseer® DermaGreen
• GalMOL Range of Emollients
• Galsoft Ecocare range of Alkyl Polyglucosides

Awards & Recognition

• EcoVadis Gold Medal
• Home Care Clean Future Award 2023
• External Business Partner Excellence Award 2023
• Supplier Resilience Award 2023
• Best Partnership Excellence Award
• Best Sustainability Award
• in-cosmetics Global Innovation Zone Best Ingredient Award 2024
• National Energy Leader Certification
• Gold Award by CII
• Best Water Company of The Year Award
• Best Sustainable Initiative to Improve Green Supply Chain Award
• Best Green 4 R's Award
• Best Sustainable Performance in Renewable Energy Award
• Certification of Appreciation