Climate Change Data

Environmental Metrics

ESG Focus Areas

• Circular economy
• GHG emission reduction
• Waste management
• Water conservation
• Occupational Health and Safety

Environmental Achievements

• Installed energy-efficient equipment resulting in savings of 95,040 kWh per annum in Film Plant-2 chill roll.
• Installed a new energy-efficient air dryer, saving 40,000 kWh per annum.
• Stopped Air Washers & Exhaust Blower of Film Plant-3 during winter, saving 411,000 kWh per annum.
• Improved waste management practices.
• Implemented zero liquid discharge mechanism at Khatima factory and agreement with CETP for Sitarganj unit.

Social Achievements

• Conducted various health awareness sessions for employees.
• Provided training on PoSH, anti-bribery/corruption, and work ethics.
• Implemented skill upgradation training programs for workers.

Governance Achievements

• Implemented a Code of Conduct for all Board Members and Senior Management Personnel.
• Established a vigil mechanism for reporting illegal or unethical behavior.
• Complied with all applicable Secretarial Standards.

Climate Goals & Targets

Environmental Challenges

• Demand-supply imbalances in the film industry leading to low margins.
• Economic slowdown and recessionary trends in the US impacting Specialty Polymers.
• Increased employee benefit costs.
• Adverse exchange rate fluctuations.
• Higher finance costs.

Mitigation Strategies

• Introduced new value-added and specialty products.
• Focused on products with recycled content.
• Expanded operations with a new BOPET film facility in Telangana.
• Disciplined approach to debt repayment.
• Raised ₹99.90 crores in new equity.

Supply Chain Management

Responsible Procurement

• Standard operating procedure for supplier onboarding including parameters on economic viability, business continuity, product quality, EHS compliances and certifications.

Climate-Related Risks & Opportunities

Opportunities

• GHG emission reduction through energy efficient measures and renewable resources.

Sustainable Products & Innovation

• BOPET films made from post-consumer recycled materials (up to 100% recycled content)
• All Mono PET-based solutions
• PCR PET film solutions

Environmental Metrics

ESG Focus Areas

• Circular Economy
• Climate Change
• Sustainable Manufacturing

Environmental Achievements

• Planned facility in India can lower carbon emissions by up to 70% compared to virgin DMT and MEG manufactured from fossil fuels

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Global shortage of DMT due to recent plant closures in Europe
• Limited and costly low-carbon DMT and MEG options

Mitigation Strategies

• Building an Infinite Loop™ India manufacturing facility to produce rDMT and rMEG

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing of PET plastic and Polyester fiber waste feedstocks

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Lower carbon footprint products

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

The joint venture contributes to these goals by promoting sustainable manufacturing practices, reducing waste, and lowering carbon emissions.

Sustainable Products & Innovation

• rDMT, rMEG and specialty polymers

Awards & Recognition

• Not disclosed