Fiem Industries 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:4637 (Scope 1 & 2) MT
Scope 1 Emissions:1137 MT
Scope 2 Emissions:45036 MT
Total Energy Consumption:222520 GJ
Water Consumption:81384 kilolitres
Waste Generated:3770.94 metric tonnes
ESG Focus Areas
- Health & Safety
- Employee wellbeing
- Energy Efficiency
- Diversity and Inclusion
- Innovation & technology
- Corporate Social Responsibility
Environmental Achievements
- Implemented Zero Liquid Discharge (ZLD) across most units, reusing recycled water.
Social Achievements
- Provided health insurance, accident insurance, and maternity benefits to employees and workers.
- Conducted training programs on health and safety, skill upgradation for employees and workers.
- Implemented mechanisms to receive and redress grievances for employees and workers.
- Undertook CSR projects focusing on healthcare and women empowerment, including sanitary pad projects.
Governance Achievements
- Has an anti-corruption and anti-bribery policy.
- Processes in place to avoid/manage conflict of interests involving Board members.
Climate Goals & Targets
Environmental Challenges
- Health & Safety risks impacting employees and operations.
- Sustainable sourcing challenges.
Mitigation Strategies
- Health & Safety Management Plan, Process Safety & Risk Management, Emergency Mitigation System.
- Supplier Quality Assurance Manual (SQAM) for vendor partners, including Quality Policy, Environment Policy and Occupational Health & Safety Policy.
Supply Chain Management
Supplier Audits: 17% for health and safety practices and working conditions
Responsible Procurement
- Supplier Quality Assurance Manual (SQAM)
Climate-Related Risks & Opportunities
Opportunities
- Energy Efficiency
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:46040.7 MtCO2e
Scope 1 Emissions:950.80 MtCO2e
Scope 2 Emissions:45489.90 MtCO2e
Scope 3 Emissions:0.00 MtCO2e
Total Energy Consumption:242650.99 GJ
Water Consumption:90431.85 KL
Waste Generated:3668.38 MT
ESG Focus Areas
- Health & Safety
- Employee wellbeing
- Energy Efficiency
- Diversity and Inclusion
- Innovation & technology
- Corporate Social Responsibility
Environmental Achievements
- Implemented Zero Liquid Discharge (ZLD) across most Units, reusing recycled water.
Social Achievements
- Continuous efforts towards employee mental, physical, and financial well-being.
- CSR initiatives focusing on healthcare and women empowerment, including sanitary pad projects and the 'Swavlamban' project.
Governance Achievements
- Implementation of an anti-corruption and anti-bribery policy; Code of Conduct for ethical standards.
Climate Goals & Targets
Environmental Challenges
- Enhancing diversity, equity, and inclusion in the supply chain.
- Continuous effort and vigilance required in promoting a safe and healthy workplace, fostering community engagement, and upholding human rights standards.
Mitigation Strategies
- Refining ESG strategy, innovating sustainable solutions, and engaging stakeholders.
Supply Chain Management
Supplier Audits: 19%
Responsible Procurement
- Supplier Quality Assurance Manual (SQAM)