Climate Change Data

Kingfa Science & Technology (India) Limited

Climate Impact & Sustainability Data (2023-2024)

Reporting Period: 2023-2024

Environmental Metrics

Water Consumption:[object Object]
Waste Generated:146.16 metric tonnes

ESG Focus Areas

  • Environmental Sustainability
  • Community Development
  • Employee Wellbeing
  • Occupational Health and Safety
  • Supply Chain Management

Environmental Achievements

  • Implemented energy conservation measures in Chakan, Puducherry, and Manesar plants resulting in cost savings.
  • Replaced higher power LED lights with lower wattage bulbs, resulting in power savings.
  • Increased production grade output by reducing shear rate, saving energy consumption.

Social Achievements

  • Undertook various CSR projects including construction of toilets, mid-day meal sheds, classrooms, and distribution of computers to government schools in Haryana and Pune.
  • Distributed assistive devices to visually impaired individuals.
  • Maintained cordial industrial relations and implemented various HR initiatives.

Governance Achievements

  • Complied with all applicable Secretarial Standards.
  • Established a Whistle Blower Policy and Vigil Mechanism.
  • Implemented a policy on prevention of sexual harassment at the workplace.

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral for all Kingfa units by 2050

Environmental Challenges

  • Inventory management challenges due to unpredictable import logistics.
  • Potential threats such as natural disasters or disruption in operation due to technical failure.
  • Managing commodity price volatility, especially for polypropylene.
Mitigation Strategies
  • Continuous monitoring and realigning supply routes/transportation for inventory management.
  • Preventive maintenance to minimize interruptions due to breakdowns.
  • Expanding supply base and working with principals to control key raw material prices and availability.

Supply Chain Management

Responsible Procurement
  • Expanding the supply base to minimize risks and have better control.
  • Inviting key Indian suppliers to Kingfa Global supplier meet.

Climate-Related Risks & Opportunities