Sanco Industries Limited
Climate Impact & Sustainability Data (2015-04 to 2016-03, 2016-04 to 2017-03, 2017-04 to 2018-03, 2018-19, 2019-20)
Reporting Period: 2015-04 to 2016-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Increasing competition in the industry
- Cyclical or seasonal fluctuations in the operating results
- Changes in laws and regulations that apply to the industry
- Changes in fiscal, economic or political conditions in India
- Changes in the foreign exchange control regulations, interest rates and tax laws in India
Mitigation Strategies
- Product quality
- Continuous product improvement
- Creating customer preferences
- Competitive pricing and extremely competitive cost structure
- Dynamic approach to situations
- Strong and dependable distribution channel spread all over the Country
- heavy cost cutting and avoiding unnecessary expenses in the factory and office of the company
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2016-04 to 2017-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Low growth and political uncertainties in the global economy
- Temporary slowdown in November due to demonetization in India
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- LED lights and PVC insulation electrical tapes
Reporting Period: 2017-04 to 2018-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Stagnant building and construction industry
- Global Economic Situation and how India is affected
Mitigation Strategies
- Devising and implementing a risk management policy
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Government of NCT Delhi award for outstanding performance in 1997
Reporting Period: 2018-19
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Plunge in income due to various economic factors affecting sales.
Mitigation Strategies
- Focus on maintaining best quality products, adopting best marketing strategies, exploring new markets/clients in India & abroad.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Award from Government of NCT Delhi for outstanding performance in 1997
Reporting Period: 2019-20
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Various economic factors affected sales.
- COVID-19 pandemic impacted financial position.
Mitigation Strategies
- Aspiring to boost sales using government schemes in irrigation, drinking water, affordable housing, and Smart City projects.
- Hoping government measures to revive the economy will help overcome losses.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Government of NCT Delhi award for outstanding performance in 1997