Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Use of Lead, Aluminum and Plastic scrap in the manufacture of finished products with a well-established process of scrap collection and recycling
• Optimisation of motor and gearbox in Aluminium ingot casting machine, thereby reducing power consumption of driving motor
• Active plans to install rooftop solar panels at workshop sheds for plants situated in Chittoor, Phagi and SEZ Jaipur, thereby minimizing electricity consumption from state utilities

Social Achievements

• 60+ permanent women employees as on 31 March 2021, with ongoing focus on enhancing women in our workforce.
• Low average staff attrition, it being the least for employees of age above 44 years at 1%, thus reflecting preservation of intellectual capital.
• Well-defined policies/principles to foster comprehensive employee safety and wellbeing, which not only takes care of the wellness of employees but also the environment

Governance Achievements

• 50% of our Board comprises independent Directors.
• Focus on building trust with shareholders, employees, customers, suppliers and other stakeholders based on the principles of good corporate governance, through integrity, equality, transparency, fairness, disclosure, accountability and commitment to values.

Climate Goals & Targets

Environmental Challenges

• Challenging market conditions and major disruption caused by the pandemic
• Sharp reduction in our turnkey projects business, which was an outcome of customers withholding or deferring capex

Mitigation Strategies

• Adapting work practices to provide safe, reliable and efficient services to our customers
• Rapidly established COVID-19 response under the direct supervision of the senior management team
• Transitioning our office-based employees to working from home arrangements
• Focused on our most affected customers to provide them with appropriate solutions

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Selected by International Lead Management Centre under United Nations Environment Programme (UNEP) as a partner for eco-friendly recycling initiatives in Senegal
• Niryat Shree Award (2014, 2016) by the Honourable President of India
• The President’s National Awards for Export Achievement 2014 & 2015 by Ghana Export Promotion Authority
• Best Performing company in Non Ferrous Metals
• Best Employer 2015 Award by the Employers’ Association of Rajasthan
• Business Today Green SME Award
• Recognized as Star Export House by Govt. of India
• Business Leadership Award
• Innovative 100 Award by Inc. India
• MSME National Award
• Emerging India Award

Environmental Metrics

ESG Focus Areas

• GHG Emissions
• Code of Conduct
• Employee health and safety

Environmental Achievements

• Installed 1,300 kW of Solar Energy Generation System at manufacturing facilities
• Undertaken initiatives to increase operational energy efficiency through additional installation of Solar Energy generation System
• Invested in environmental sustainability (Air pollution Control Ducting & System, Pollution Control Equipment, Rainwater Tank & Harvesting, STP Air Blower)

Social Achievements

• Provided health insurance, accident insurance, and maternity benefits to employees and workers
• Implemented ISO 45001:2018 Occupational, Health and Safety Management System
• Conducted various health and medical checkups

Governance Achievements

• Implemented Code of Conduct, Whistle Blower Policy, and HR policies and practices to prevent bribery and corruption
• All complaints received from whistleblowers are placed before the Audit Committee and the Board of Directors on a quarterly basis.

Climate Goals & Targets

Environmental Challenges

• GHG emissions during recycling process
• Workplace incidents impacting employee health and safety

Mitigation Strategies

• Constantly striving to improve technology for eco-friendly practices and reducing carbon footprint
• Focusing on using alternative sources of energy to reduce GHG emissions
• Focusing on training and awareness programs to reduce accidents, as well as wellbeing programs
• Making it mandatory to use Personal Protection Equipment for worker safety

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Focus on protection of environment, stakeholders’ interest and cost effectiveness

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Recycling reduces energy consumption and GHG emissions

Reporting Standards

Frameworks Used: National Voluntary Guidelines (NVG)

Certifications: ISO 9001: 2015, ISO 14001: 2015, ISO 45001: 2018, 2 International Lead Associations approved plants

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Employee health and safety
• GHG Emissions
• Corporate Governance
• Environmental Sustainability
• Social Well-being
• Human Rights

Environmental Achievements

• Generated ~1.68 Million units of clean power resulting in reduction of 1192 MT CO2 in FY24.
• All plants are Zero Liquid Discharge plants.

Social Achievements

• 100% return to work and retention rates for 15 employees who took parental leave in FY24.
• Provided Human Rights training to all employees and workers.

Governance Achievements

• Disclosing sustainability performance on a standalone basis through BRSR disclosures.

Climate Goals & Targets

Environmental Challenges

• GHG emissions during recycling process.
• Decarbonization of heating requirement due to lack of technological solutions or higher cost of available solutions.
• Workplace incidents impacting employee health and safety.

Mitigation Strategies

• Reducing GHG emissions through solar power (aiming for 30% renewable energy in 2-3 years).
• Exploring options for decarbonization of heating.
• Focusing on training and awareness programs to reduce accidents and implementing wellbeing programs.
• Mandatory use of Personal Protection Equipment (PPE) and establishing safety SOPs.

Supply Chain Management

Responsible Procurement

• Sustainable sourcing procedures in place; 43% of inputs sourced sustainably.

Climate-Related Risks & Opportunities

Opportunities

• Recycling reduces energy consumption and GHG emissions.

Reporting Standards

Frameworks Used: BRSR

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

Third-party Assurance: Not Applicable