Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics & Transparency
• Product Responsibility
• Human Resources
• Responsiveness to Stakeholders
• Respect for Human Rights
• Environment Restoration
• Public Policy Advocacy
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• Reduced CO2 emission from 7,979 ton in 2017-18 to 692 ton of CO2 emission in 2022-23 through various initiatives including purchase of renewable energy (90% of overall energy consumption from renewable sources), installation of energy savers, sensor-based automatic on/off operation for nitrogen gas consumption, recovery and reuse of solder waste, installation of VFD, timer, and automatic control systems.
• Recycled & re-used 11,355 KL of wastewater through sewage treatment plants.

Social Achievements

• Provided health insurance, accident insurance, and maternity benefits to 100% of employees and workers.
• Conducted training programs on health and safety measures, skill upgradation, Kaizen, ESD, POSH, 5S, EHS, and QMS for employees and workers.
• Implemented CSR projects benefiting 187 blind school students, 110 patients from economically challenged groups, and 1333 individuals through meal distribution.

Governance Achievements

• Adherence to fair and transparent conduct of affairs by adopting best practices and standards of ethical behavior.
• Implementation of a well-defined Code of Conduct for employees covering anti-corruption and anti-bribery measures.
• Periodic updates to Board of Directors on business, statute, governance, strategy, performance, and regulatory developments.

Climate Goals & Targets

Environmental Challenges

• Long material lead times impacting manufacturing operations.
• Difficulty in sourcing and transporting materials due to external events.
• Significant consequences of loss of top talent.
• Need for efficient inventory management and alternative component manufacturers.

Mitigation Strategies

• Efficient inventory management.
• Planning for alternate component manufacturers.
• Procuring materials from reputed manufacturers to ensure delivery timelines.
• Attracting and retaining talent.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier evaluation criteria including Conflict of Minerals Policy.
• Engagement with only those suppliers complying with statutory requirements.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO/IEC 27001:2013, ISO 13485:2003, ISO 16949:2009, ESD association 20-20 certified, IRIS Railway certification, IPC certified for IPC-A-610 Class III & II application specialist, IPC certified for J-STD-001 certified trainer

Third-party Assurance: KPMG

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Impact
• Supply Chain Management
• Community Engagement
• Employee Retention, Engagement and Talent Development

Environmental Achievements

• Reduced CO2 emission from 5,427 ton in 2017-18 to 304 ton of Co2 emission in 2023-24
• 90% of overall energy consumption comes from renewable sources.
• Saved 53,085 KWH units electricity consumption. Reduction of 42 ton of Co2 emission
• Saved 1,56,000 KWH units electricity consumption. Reduction of 150 ton of Co2 emission
• Saved 180 KWH units/Cycle electricity consumption
• Recycled & re-used 10,657 KL of wastewater through sewage treatment plants
• 54% of solder waste recycled & reused as raw materials. 10% of recycled plastic runners used as raw material.
• 10% in reduction of chemical consumption in cleaning machines by chemical filtration process.
• Zero waste to landfill.
• Saved 64,308 KWH units electricity consumption. Avoided 58 ton of Co2 emission
• Reduced the helium consumption from 150M3/ Month to 46M3/Month in 2023-24.
• Reduce the power consumption by 5,600 units/year in 2023-24.
• Maintain the Temp & RH as per internal customer requirements and reduced the power consumption -9,984units/kw

Social Achievements

• Various training programs for employees and workers covering topics like Kaizen, ESD, POSH, 5S, EHS, and QMS.
• Wellbeing measures including health insurance, accident insurance, maternity benefits, and paternity benefits for employees and workers.
• 83.33% return to work rate and retention rate for female permanent employees and 100% for female permanent workers after parental leave.

Governance Achievements

• Periodic updates on business, statutory, and governance matters to the Board of Directors.
• Implementation of a vigil mechanism for directors and employees to report concerns.
• Establishment of an Internal Complaints Committee to handle complaints related to sexual harassment.

Climate Goals & Targets

Environmental Challenges

• Higher employee turnover leading to lower productivity and loss of tacit knowledge.

Mitigation Strategies

• More focused on providing constructive feedback, giving recognition and rewards, and acknowledging individual strengths and contributions. Fostering positive work culture, opportunities for career development, competitive compensation, acknowledgment, work-life balance.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier evaluation criteria, including policies such as the Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO/IEC 27001:2013, ISO 13485:2003, ISO 16949:2009

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed