Climate Change Data

Hindustan Foods Limited

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

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:23480 tCO2e (Scope 1 & 2)
Scope 1 Emissions:6828.44 tCO2e
Scope 2 Emissions:16651.17 tCO2e
Scope 3 Emissions:NIL
Total Energy Consumption:193602 GJ
Water Consumption:332707 kl
Waste Generated:2822 tons

ESG Focus Areas

  • Business Continuity Plan and Disaster Resilience
  • Regulatory Compliance
  • Business Ethics and Conduct and Corporate Governance
  • Climate Change
  • Operational Excellence
  • Employee and Workers Wellness Engagement and Talent Attraction and Retention
  • Workers Development and Skill Building
  • Community Engagement
  • Diversity and Inclusion
  • Stakeholder Engagement

Environmental Achievements

  • Replaced inefficient old motors with Variable Frequency Drive motors
  • Lights are now LED lights
  • Use of Bio briquette at some manufacturing facilities
  • Energy saved through renewable energy initiative: 2929 MWh

Social Achievements

  • Additional wellness benefits to employees (recognition, leadership, and behavioral training, work-life balance)
  • Various training programs for workforce up-skilling
  • CSR initiatives for community well-being (Mahila Seva Mandal, Janaseva Foundation, etc.)

Governance Achievements

  • Code of Conduct Policy and a Whistle Blower Policy implemented
  • CSR Committee and Risk Management Committee established

Climate Goals & Targets

Short-term Goals:
  • Rs. 4,000 cr turnover by FY 2024-25

Environmental Challenges

  • Homogeneity in customer portfolio
  • Location of operations
  • Inadequate succession planning
  • Political issues in various areas of facilities
  • Operational interruptions due to equipment breakdown
  • Disasters or emergencies at facilities
  • Rapidly changing regulatory environment
  • Risks associated with corporate governance and ethical business practices
  • Customer expectations leaning towards sustainability and low-carbon transition
  • Regulatory expectations concerning climate change
Mitigation Strategies
  • Establishing operational units across India
  • Implementing proper succession planning
  • Diversifying the customer base
  • Disaster management plans and disaster preparedness at all manufacturing facilities
  • Ensuring compliance with all applicable laws and regulations
  • Following updates in the regulatory framework
  • Code of Conduct Policy and Whistle Blower Policy
  • CSR Committee and Risk Management Committee
  • Focusing on GHG emission reduction and effective energy utilization
  • Adopting low-carbon transition technologies

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Personal care formulations without parabens, sulfates replaced with natural surfactants, paraffin oil replaced with natural emollients, 90% natural ingredients, synthetic fragrances replaced by natural essential oils
  • Food products with no preservatives, artificial colors, or flavors, naturally sourced raw materials, increased shelf life with retort technology