Climate Change Data

SHAKTI PUMPS (INDIA) LIMITED

Climate Impact & Sustainability Data (2023-24)

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:NA
Scope 1 Emissions:NA
Scope 2 Emissions:NA
Scope 3 Emissions:Not disclosed
Renewable Energy Share:14.9%
Total Energy Consumption:11320.42
Water Consumption:7733.73
Waste Generated:7.45
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Impact
  • Water Scarcity
  • Social Responsibility
  • Renewable Energy Adoption
  • Supply Chain Sustainability

Environmental Achievements

  • Nil

Social Achievements

  • Nil

Governance Achievements

  • Nil

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reuse or responsibly recycle 100% of packaging plastics and eliminate single-use plastics in dining facilities and other facilities by 2030.
Short-term Goals:
  • Achieve a 90% customer satisfaction rate for quality by FY 2024-25.
  • Maximum procurement of goods and services through MSME and payment within prescribed time by FY 2024-25

Environmental Challenges

  • Energy-intensive manufacturing processes leading to increased compliance costs and reduced market access.
  • Water scarcity disrupting production and agricultural activities.
  • Supply chain disruptions due to poor supplier practices or lack of sustainability measures.
Mitigation Strategies
  • Implementing energy-efficient manufacturing technologies and processes. Investing in renewable energy sources for operations.
  • Enhancing water management practices within manufacturing facilities. Promoting water-efficient farming techniques among customers.
  • Implementing supplier screening and engagement for sustainability standards. Diversifying supplier base to reduce dependency.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sourcing environment friendly, recycled, energy efficient and locally sourced products and services to the extent possible. Encouraging vendors and suppliers to comply with relevant regulations with regards to Human Rights.

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity due to climate change
Transition Risks
  • Regulatory changes favouring sustainable practices
Opportunities
  • Increasing awareness and adoption of renewable energy sources provide a growing market for solar pumps.

Reporting Standards

Frameworks Used: Null

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

Third-party Assurance: Not Applicable

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Solar water pumps

Awards & Recognition

  • Not disclosed