Mafatlal Industries Limited
Climate Impact & Sustainability Data (2020-21)
Reporting Period: 2020-21
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Huge losses in denim operations at Navsari (2017-2019)
- Severe impact of COVID-19 pandemic on business (2020-2021)
- Business disruptions caused by COVID-19
Mitigation Strategies
- Changes in management team
- Focus on product development and driving sales
- Strategic and operational steps for revival of denim operations
- Closure of Navsari Undertakings
- Settlement of worker liabilities
- Strategic initiative for lean management by downsizing management structure
- Gained positions as supplier of protective wear, hygiene products, and uniform solutions
- Developing and establishing product range of Hygiene & Healthcare and Uniform Solutions
- Focus on reducing costs, optimizing operations, outsourcing, and calibrating product portfolio
- Cash conservation and prioritization of non-urgent liabilities
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Protective wear (PPE suits, Face Mask, Face Shield etc.)
- Hygiene products (Adult Diaper and Baby Diaper etc)
- Uniform solutions for public and private institutions