Climate Change Data

Remsons Industries Limited

Climate Impact & Sustainability Data (2023-04 to 2024-03)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Social Responsibility
  • Clean Energy Adoption
  • Women Empowerment

Environmental Achievements

  • Solar-powered two manufacturing units, generating nearly 500 KVA energy per month
  • Awarded a Gold Medal in the Ecovadis Sustainability Assessment (top 5% globally)
  • Introduced solar lighting and returnable packaging to reduce environmental impact
  • Planted 2000 saplings in Pardi, Gujarat

Social Achievements

  • Ranked 30th in India’s Top 100 Great Mid-Sized Industries by Great Place to Work
  • CSR initiatives through partnerships with Akshaya Patra, Indian Development Foundation, and Alert Citizen Foundation
  • Supported local schools with educational materials, scholarships, and infrastructure improvements (Meri Pathshala project)
  • Organized regular health check-up camps for underprivileged communities
  • Sponsored mid-day meals for over 300 students annually at government schools

Governance Achievements

  • Adopted a policy for selection, appointment and remuneration of directors and Senior Management Personnel
  • Adopted Vigil Mechanism / Whistle Blower Policy
  • Complied with all the requirements of the Listing Regulations as well as the regulations and guidelines of the SEBI

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Rising Costs (R&D, new facilities)
  • Market uncertainties and future unpredictability
  • Foreign exchange risk
Mitigation Strategies
  • Robust framework to protect interests from market volatility
  • Foreign currency hedging policies and practices
  • Continuous monitoring and market intelligence for sales and procurement strategies

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (labour practices, environmental responsibility, business ethics)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ecovadis

Certifications: ISO 14001:2015, IATF 16949:2016

Sustainable Products & Innovation

  • Tyre Mobility Kit
  • Infotainment systems
  • Lighting

Awards & Recognition

  • Ford World Excellence Award (2020)
  • Ashok Leyland Best Supplier Award (2022)
  • Inteva Best Supplier Award (2022)
  • Advik Best Development Award (2023)
  • ACMA Productivity Improvement Award (2023)
  • ACMA HR Award (2023)
  • Quality Forum India Gold Award (2023)