MEP Infrastructure Developers Limited
Climate Impact & Sustainability Data (2019-20)
Reporting Period: 2019-20
Environmental Metrics
ESG Focus Areas
- People, Profit and Planet
Environmental Achievements
- Use of fly ash in construction
- Beautification of roads by planting trees
- Providing service roads to local users
- Use of crushed sand instead of natural sand
Social Achievements
- Initiatives for uplifting economically weaker sections
- Rehabilitation of intellectually disabled children
- Promoting education
- Animal welfare
- Promoting preventive healthcare
- Eradicating hunger, poverty, and malnutrition
Governance Achievements
- Implemented a Code of Conduct for Business Ethics
- Established a Whistle Blower Policy
- Regularly reviews internal control systems and risk management
Climate Goals & Targets
Short-term Goals:
- Complete under-construction projects within revised timelines
Environmental Challenges
- Economic slowdown
- COVID-19 pandemic and lockdown
- Labour migration
- Supply chain disruptions
- Construction halt
- Revocation of toll collection
- Labour crunch
- Severe working capital pressures
- Issues in land acquisition and clearances (environmental, railway, forest)
- Challenges of shifting utilities, religious structures, and encroachments
Mitigation Strategies
- Moved with speed to cap liabilities
- Took advantage of government initiatives under Atmanirbhar Bharat
- Utilized RBI moratorium on interest and debt repayment
- Government replaced milestone payment system with monthly payments
- Focus on accelerating construction, controlling costs, and strengthening financials
- Optimistic about emerging tolling opportunities
- Deepening discipline, enhancing throughput, and focusing on automation
Supply Chain Management
Responsible Procurement
- Procurement/Vendor Selection Mechanism considering sustainability, financial viability, quality