Laxmi Organic Industries Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:295,879 tCO2e/year
Scope 1 Emissions:259,215 tCO2e/year
Scope 2 Emissions:36,665 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:13%
Total Energy Consumption:11,235,689 kWh/year
Water Consumption:12,445,43 KL/year
Waste Generated:Not disclosed
Carbon Intensity:1.3 tCO2e/ton
ESG Focus Areas
- Energy management
- Emissions reduction
- Air quality improvement
- Water management
- Waste management
- Supply chain management
- Occupational health & safety
- Human and labor rights
- Governance
- ESG data management
- Risk management
Environmental Achievements
- Increased renewable energy contribution from 7% to 13%
- Decreased wastewater discharge intensity by over 50%
- Implemented sludge hydrolysis process to reduce hazardous waste
- Installed ESP on boiler to improve air quality
Social Achievements
- Reduced shareholder complaints from 64 to 5
- Increased permanent employees by 31%
- Launched Laxmi Life Saving Rules for safe operations
- Implemented Mobile Health Unit providing healthcare services to 18 villages
- Community vaccination program administering vaccines to nearly 2000 beneficiaries
Governance Achievements
- Formally adopted an anti-corruption, anti-bribery, and anti-money laundering policy
- Implemented Speak Up Policy for grievance redressal
- Successfully retained Responsible Care certification for another three years
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Minimize coal consumption by using coal-bio-briquette mixture
- Increase share of renewable energy in energy mix
Environmental Challenges
- Climate change impacts on natural resources
- Stricter effluent discharge standards
- Potential for spills, fumes, fire hazards, and health impairments in chemical manufacturing
- Hazardous waste management
- Meeting customer quality standards
Mitigation Strategies
- Implementing ZLD plants to limit effluent discharge
- Conducting energy audits and increasing renewable energy sourcing
- Implementing an Integrated Policy on Environment, Health, Safety and Quality Management System (ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018)
- Regular hazard risk assessments and emergency control procedures
- Waste recycling and responsible waste disposal
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainable Procurement Policy
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Stricter effluent discharge standards
- GHG emission regulations
Opportunities
- Energy efficiency measures
- Renewable energy investments
- Sustainable procurement practices
Reporting Standards
Frameworks Used: GRI, BRSR
Certifications: Responsible Care, ISO 45001:2018, ISO 9001:2015, ISO 14001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green solvents
Awards & Recognition
- DISH Excellence in Energy Management Award
- Certificate of Appreciation from National Safety Council of India
- ICC Award
- Energy Performance Award