Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Product Safety and Sustainability
• Employee Well-being
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• Introduced systems to track and trend energy consumption; implemented energy audits; incorporated energy conservation measures in new plant design; installed energy-efficient motors; improved power factor; reduced compressed air leakages; implemented process standardization and batch cycle time reduction initiatives.

Social Achievements

• 100% of employees received health and safety training; focused on the development of underprivileged communities through CSR programs; skill training programs for low-income groups; community investment in health, education, livelihoods, and environment; aligned community investment strategy to UN Sustainable Development Goals.

Governance Achievements

• Implemented policies aligned with SEBI's Listing Obligations and Disclosure Requirements and the Principles of National Voluntary Guidelines; established and implemented environmental policy; implemented UK Modern Slavery Act, 2015 across suppliers and vendors.

Climate Goals & Targets

Environmental Challenges

• No specific challenges mentioned in the report.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Implementation of UK Modern Slavery Act, 2015 across suppliers and vendors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, National Voluntary Guidelines (NVG) on Social, Environmental and Economic Responsibilities of Business

Certifications: ISO 14001:2015 (two units), ISO 9001:2015 (all four units)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Product Safety and Sustainability
• Employee Well-being
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Public Policy Influence
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• All existing manufacturing facilities continued their efforts to reduce specific energy consumption. Systems to track and trend energy consumption are in place.
• Process standardization & Batch cycle time reduction initiatives are regularly undertaken to reduce energy consumption.

Social Achievements

• Focus on the development of underprivileged and people from low-income groups in nearby communities.
• Special skill training programs developed for underprivileged communities.
• 100% of employees received health and safety training.

Governance Achievements

• No stakeholder complaints received during the past financial year related to ethics, transparency, and accountability.
• Policies are evaluated internally.

Climate Goals & Targets

Environmental Challenges

• Currently, SPL does not have a formal policy in place to address public advocacy (P7 of NVG).

Mitigation Strategies

• The company believes its Code of Conduct covers aspects of responsible advocacy of public policy, like ethics and integrity.

Supply Chain Management

Responsible Procurement

• Approx 90% of sourcing is from own manufacturing plants; fixed transport contracts for remaining 10% from vendors to plants.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines (NVG) on Social, Environmental and Economic Responsibilities of Business

Environmental Metrics

ESG Focus Areas

• Waste Management
• Water Management
• Health and Safety
• GHG Emissions
• Human Rights
• Code of Conduct
• Chemical Safety and Management

Environmental Achievements

• Implemented wastewater treatment systems to meet regulatory standards
• Improved energy efficiency to reduce emissions
• Implemented a comprehensive waste management plan
• Reduced plastic waste sent to landfill (though specific figures are not provided for FY2022)

Social Achievements

• 100% of permanent employees covered by health insurance
• 100% of permanent employees covered by accident insurance
• Implemented a comprehensive Health and Safety Management System
• Provided training on health and safety measures to 100% of employees and workers

Governance Achievements

• Established a grievance redressal mechanism
• Implemented an anti-corruption policy (under Code of Conduct)

Climate Goals & Targets

Environmental Challenges

• Waste management
• Water management
• Health and safety risks associated with chemical handling
• GHG emissions
• Compliance with environmental regulations

Mitigation Strategies

• Implementing meticulous measures for managing hazardous waste
• Conducting water audits to monitor and regulate water consumption
• Implementing effective wastewater treatment systems
• Conducting comprehensive risk assessments to identify potential health and safety hazards
• Implementing safety trainings
• Improving energy efficiency
• Regularly reviewing and improving code of conduct policy

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• High volume solid products
• Environment friendly water-based products
• Direct-to-metal products