Apollo Pipes Limited
Climate Impact & Sustainability Data (2022-23, 2023-24)
Reporting Period: 2022-23
Environmental Metrics
Scope 1 Emissions:198.34 tCO2e (FY23); 210.56 tCO2e (FY22)
Scope 2 Emissions:19,832.21 tCO2e (FY23); 18,047.88 tCO2e (FY22)
Renewable Energy Share:Approximately 6% (Dadri unit) + 13% (additional solar power)
Water Consumption:137,266 kilolitres (FY23); 62,598 kilolitres (FY22)
Waste Generated:4680 metric tonnes (FY23); 3566 metric tonnes (FY22)
ESG Focus Areas
- Energy conservation
- Waste reduction
- Employee well-being
- Capacity augmentation
- Product development
- Branding
Environmental Achievements
- Installed rooftop solar plant at Dadri unit, resulting in approximately 6% savings on power costs.
- Agreement to purchase 4.50 MW electricity generated through solar resources, resulting in an additional 13% saving on power costs.
- Implemented debottlenecking initiatives and enhanced utilization of Raipur facility, resulting in a 24% increase in production.
- Efforts to reduce energy costs and waste, although financial impact was overshadowed by external factors.
Social Achievements
- Zero fatalities and zero major injuries for the last five years.
- 3,415 person-hours of classroom training imparted in FY23.
- Reward and Recognition policy with Kaizen Awards and ‘Worker of the Month’.
- Launched the PPR-C plumbing range of products, well-received by channel partners and end consumers.
Governance Achievements
- Implemented policy changes related to employee life cycle, fresh talent scheme, and succession planning.
- Upgraded SAP version from 1709 to 2022, improving data visualization and decision-making.
- Implemented Superprocure software for supply chain automation and optimization.
- Enhanced cybersecurity measures with SAP security, DLP software, SSO software, and MDM software.
Climate Goals & Targets
Environmental Challenges
- Volatility in PVC prices, peaking at the end of FY22 and declining month-on-month, impacting business volumes and profitability.
- Sharp correction in PVC prices adversely impacting margins.
- A large part of volumes going to the agricultural user segment, a low-margin product.
Mitigation Strategies
- Focus on strengthening presence in the building products segment, which is margin-accretive.
- Investment of C71 Crore for augmenting capacities, debottlenecking, and adding balancing equipment in cPVC, HDPE pipes, and fittings.
- Continued population of product offering to the building product segment with a broader array of products and variants.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing (currently being mapped)
Climate-Related Risks & Opportunities
Opportunities
- Investment in green technologies
Sustainable Products & Innovation
- Eco tank variant of water tank
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:322,501 GJ (non-renewable) + 28,057 GJ (renewable) = 350,558 GJ
Scope 1 Emissions:12,492 tCO2e
Scope 2 Emissions:20,280 tCO2e
Scope 3 Emissions:41,472 tCO2e
Renewable Energy Share:20%
Total Energy Consumption:350,558 GJ
Water Consumption:74,438 KL (consumed)
Waste Generated:6,601 MT
Carbon Intensity:0.41 tCO2e/MT (Scope 1 & 2)
ESG Focus Areas
- Integrity and ethical conduct
- Sustainable and safe product provision
- Employee well-being
- Stakeholder engagement
- Human rights
- Environmental protection
- Responsible policy engagement
- Inclusive growth
- Responsible consumer engagement
Environmental Achievements
- 20% of energy consumption from renewable sources (primarily solar)
Social Achievements
- 100% of employees and workers covered by health and safety training programs
- Zero fatalities for employees
Governance Achievements
- Zero cases of fines/penalties/punishment from regulatory agencies
- All targets related to NGRBC principles achieved
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- ESG regulatory changes requiring strict monitoring and reporting
- Inadequate water supply or fluctuations in availability
Mitigation Strategies
- Rigorous monitoring and reporting of ESG data
- Development of reduction measures and decarbonization strategies
- Adoption of water conservation techniques
- Zero-waste water discharge practices (goal)
Supply Chain Management
Supplier Audits: Periodic compliance checks
Responsible Procurement
- Ensuring compliance with company policies on Health & Safety and Human Rights
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: National Guidelines on Responsible Business Conduct (NGRBC)
Certifications: ISO 9001 (Quality Management System), ISO 45001 (Occupational Health and Safety)
Third-party Assurance: Not Applicable
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed