Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Development
• Governance

Environmental Achievements

• 7% reduction in total energy consumption
• 109 energy savings projects leading to an estimated saving of 310 TJ equivalent of energy and reduction in 28374 MT of CO2e
• 60000 m³ reduction in total fresh water usage
• Gajraula Manufacturing Plant and Corporate Office received RC 14001 certification for Responsible Care Management System
• Bharuch Manufacturing Plant received ISO 50001 certification for Energy Management System

Social Achievements

• 216 transport service providers and drivers trained on Defensive Driving
• 79485 man-hours spent on safety training
• Improved safety performance with reduced lost time accidents and lost man-days
• Successful offsite emergency mock drill involving Gajraula Manufacturing plant and surrounding community
• Implementation of various employee engagement programs

Governance Achievements

• Implementation of a robust Internal Financial Controls system
• Implementation of a comprehensive Enterprise Risk Management (ERM) exercise
• EcoVadis Gold rating, positioning the company among the top 5% globally for sustainability performance
• 81% score in TfS site audit at Nira facility

Climate Goals & Targets

Environmental Challenges

• Competition, Cost Competitiveness & Pricing
• Dependence on Certain Key Products and Customers
• Foreign Currency and Interest Rate Exposures
• Capacity Planning and Optimization
• Manufacturing Operations
• Dependence on Single Manufacturing facility
• Research & Development (R&D) Effectiveness
• Supply Interruptions due to Single Source Supplier
• Limited Product Pipeline
• Failure to Supply to Customer
• Human Resources – Acquire and Retain Talent
• Compliance and Regulatory
• Environment, Health and Safety (EHS)
• Protecting Intellectual Property Rights (IPR)
• Information Technology (IT)
• Risk of changes in Tax Legislation
• Mergers & Acquisitions
• Political or Economic Instability or Acts of Terrorism
• Duties by Export Destination Countries
• Acceptance of Our Products in Market
• Policies regarding returns, allowances and chargebacks in the United States
• Labour Union
• Consolidation of Customer Base
• Ongoing National Green Tribunal (NGT) case against Ambernath MIDC CETP
• Ongoing Public Interest Litigation (PIL) filed by villagers around Nira plant
• Non-compliance at Salisbury plant resulting in a penalty

Mitigation Strategies

• Internal Control Systems and Risk Management
• Regular internal and external audits
• Corrective measures based on audit findings
• Implementation of energy saving projects
• Implementation of rainwater harvesting structures
• Best available effluent treatment technologies
• Waste minimization, waste recovery & reuse and scientific disposal of waste
• Co-processing of hazardous waste
• Supplier Audits
• Green Supply Chain policy
• Corrective measures taken to address Salisbury plant non-compliance

Supply Chain Management

Supplier Audits: 17 external manufacturers and 121 vendors audited on environmental and social parameters

Responsible Procurement

• Green Supply Chain policy
• Standard terms and conditions covering EHS, human rights, and social requirements

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Guidelines (Comprehensive option)

Certifications: ISO 14001, OHSAS 18001, ISO 50001, ISO 13485, RC 14001, FAMI-QS, FSSC 22000, KOSHER

Third-party Assurance: Ernst & Young LLP

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 11
• Goal 12
• Goal 13
• Goal 17

Various CSR programs and initiatives are aligned with these SDGs.

Sustainable Products & Innovation

• Pyridine manufactured using alcohol from agricultural feedstock (molasses)

Awards & Recognition

• CII National Award for Excellence in Energy Management
• Safety Innovation Award
• ICC Certificate of Merit Award
• Safety Award
• ACCQC Award
• Green Tech Environment Award
• FICCI CSR Award
• FICCI Green Tech Award