SML ISUZU LIMITED
Climate Impact & Sustainability Data (2021-04 to 2022-03, 2023-04 to 2024-03)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Ethics, Transparency and Accountability
- Product Safety and Sustainability
- Employee Wellbeing
- Stakeholder Engagement
- Human Rights
- Environmental Protection
- Responsible Policy Influence
- Inclusive Growth and Equitable Development
- Customer Engagement
Environmental Achievements
- All existing models upgraded to meet BS VI emission norms.
- ISO 14001: 2015 (Environment Management System) certification.
- Resource optimization, water and electricity conservation and waste reduction initiatives.
Social Achievements
- CSR spending of Rs. 19.9 lakhs on education support, vocational education, and medical infrastructure.
- Employee skill up-gradation training (58% of permanent employees).
Governance Achievements
- Code of Ethics & Conduct for Directors, Senior Management and employees, covering ethics, bribery, and corruption.
- Annual assessment of BR performance.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sourcing from local suppliers, including MSMEs; supplier assessment covering technical & manpower capabilities, sub-supplier base and financial stability.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)
Certifications: ISO 9001: 2015, IATF 16949: 2016, ISO 14001: 2015, ISO 45001: 2018, ISO 27001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:7,186 Metric tonnes of Co2 equivalent (Scope 1) and 1,73,324 Metric tonnes of CO2 equivalent (Scope 1 and 2)
Scope 1 Emissions:7,186 Metric tonnes of Co2 equivalent
Scope 2 Emissions:1,73,324 Metric tonnes of CO2 equivalent
Renewable Energy Share:26%
Total Energy Consumption:47,507 Gigajoules
Water Consumption:99,668 kilolitres
Waste Generated:3,201.78 Metric tonnes
Carbon Intensity:11.7 Metric tonnes of CO2 equivalent per rupee of turnover (Scope 1 and 2)
ESG Focus Areas
- Safety
- Health
- Environment
- Corporate Social Responsibility
Environmental Achievements
- Commissioned a 2 MWp rooftop solar plant at Chassis plant, generating 2,289,001 KWH and saving approx. Rs 174 lakhs.
- Shifted from HSD to PNG for thermal energy, saving Rs. 340 lakhs.
- Planted more than 1,500 saplings.
Social Achievements
- Maintained cordial industrial relations.
- Conducted regular safety trainings and medical check-ups.
- Implemented Fire Alarm & Protection System (FAPS) in school buses.
Governance Achievements
- Complied with corporate governance norms as stipulated under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Adopted a Dividend Distribution Policy.
- Carried out annual evaluation of Board and Committees performance.
Climate Goals & Targets
Environmental Challenges
- Export volumes declined by 16.3% due to global economic issues.
- High base effect and slowdown in infrastructure activities led to subdued domestic CV industry volumes in Q4 FY 2023-24.
- Volatile commodity prices, supply chain disruptions, and availability of skilled manpower.
- Frequent product design changes and additional investment to meet regulatory compliances significantly increasing production cost.
Mitigation Strategies
- Focus on product development & up-gradation, innovative and cost-effective technological solutions, low cost automation, better after-sales service, enhancing engagement with customers, reforming the distribution network, and cost optimization.
Supply Chain Management
Responsible Procurement
- Supplier Quality Manual (SQM)
Climate-Related Risks & Opportunities
Transition Risks
- Transition towards electric vehicles (EVs)
Opportunities
- Development of energy-efficient products
Sustainable Products & Innovation
- Electric Vehicle
- BS 6 - IOBD-2 in Diesel and CNG vehicles
- Higher HP Engines