Kalpataru Projects International Limited (formerly Kalpataru Power Transmission Limited)

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:80,593 tCO2e/year

Scope 1 Emissions:50,494 tCO2e/year

Scope 2 Emissions:30,099 tCO2e/year

Renewable Energy Share:23.8%

Total Energy Consumption:972,692 GJ/year

Water Consumption:2,961,163 KL/year

Waste Generated:20,434 tons/year

Carbon Intensity:5.6 tCO2e/Crore

ESG Focus Areas

Climate Strategy and Emission
Water management
Waste management and circularity
Biodiversity and Land Rehabilitation
Human Capital Development
Occupational Health & Safety
Diversity, Inclusion and Equal Opportunity
Sustainable supply chain
Corporate Governance
ESG integration in risk management
Corporate Citizenship
Stakeholder Engagement
Data privacy and security
Brand Management and communication
Resilient Business and Long-Term Profitability
Human Rights and Labour Relations
Customer Centricity
Efficient Energy management
Sustainable Portfolio

Environmental Achievements

Reduced GHG emissions intensity by 5.1%
Increased share of renewable energy to 23.8%
Reduced water intensity by 8.4%
109,500 KL Rainwater harvested
20,434 MT Material recycled
Three manufacturing plants achieved Zero Liquid Discharge (ZLD)
Planted 9,000 saplings using Miyawaki technique

Social Achievements

83% employee satisfaction score
117,240 Employee training hours
840+ T raining programs organized
10,500+ Courses completed on Learning Management System
0.08 Lost Time Injury frequency rate (LTIFR)
49,000+ Beneficiaries for Healthcare
30,000+ Children and youth benefited through education and skilling

Governance Achievements

50% Independent Directors on the Board
Successful completion of the merger with JMC Projects (India) Limited

Climate Goals & Targets

Long-term Goals:

Net zero emissions

Medium-term Goals:

Achieve USD 3 billion revenue and USD 6 billion order book by 2025
Achieve 20%+ ROCE by 2025

Short-term Goals:

Not disclosed

Environmental Challenges

High attrition in the EPC industry
Global supply chain disruptions
Elevated inflation rate
Soaring commodity and logistic costs
Currency fluctuations
Geopolitical risks
Commodity price variations
Currency fluctuations
Cybersecurity risks
Client counterparty risk
Concentration risk
Loss of biodiversity
Solid waste management
Operational risks
Geopolitical and regulatory risks
Financial risks (interest rate, exchange rate, liquidity)

Mitigation Strategies

Actively engaging with employees, modifying policies and practices
Strengthening risk management, diversifying business mix, enhancing execution capabilities
Improved working capital management
Implementing cybersecurity practices
Evaluating creditworthiness of clients
Expanding client base and geographies
Developing biodiversity management framework
Implementing 3R principle (reduce, reuse, recycle)
Using a variety of fund-raising products, mix of domestic and international order books, currency-forward contracts
Deploying cashflow management strategies
Price escalation clauses in contracts, commodity forward contracts, contingencies based on market trends
Periodic engagement with external experts and government authorities

Supply Chain Management

Supplier Audits: 100% coverage

Responsible Procurement

Supplier Code of Conduct
Anti-bribery and HSE requirements
ESG considerations in vendor selection
Local sourcing initiatives
Periodic vendor evaluations
e-procurement platform
in-house e-auction facility
Material Data Management (MDM) practices

Climate-Related Risks & Opportunities

Physical Risks

Impact of climate conditions on future cash flows

Transition Risks

Impact of Company’s business activities on environmental and social conditions

Opportunities

Opportunities to innovate, gain a competitive advantage, and attract environmentally conscious customers and investors

Reporting Standards

Frameworks Used: Global Reporting Initiative Standards, 2021, Business Responsibility and Sustainability Reporting (BRSR), United Nations Sustainable Development Goals (UN SDGs), United Nations Global Compact (UNGC), Companies Act, 2013, Indian Accounting Standards

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 37001, ISO 9001:2008

UN Sustainable Development Goals

Not disclosed

Sustainable Products & Innovation

Motorised Shade System
Radiant Cooling System
Electric motorcycles

Awards & Recognition

Operational Excellence through Digital T ransformation – 2022
CII award
Most Innovative Practice Excellence Award
British Safety Council award
NSCI Safety Awards
Andhra Pradesh industrial Safety Excellence Award
CII – SR EHS Excellence Award
Technology Excellence Award
Quality Circle Forum of India (QCFI) – Surat Chapter
Shrestha Suraxa Purashkar 2021

Reporting Period: 2023-04 to 2024-03