Prakash Industries Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:35803973 GJ
Water Consumption:6842193 kilolitres
Waste Generated:16.62 metric tonnes
Carbon Intensity:Not disclosed
ESG Focus Areas
- Energy and Emission Management
- Occupational Health and Safety
- Risk, Opportunities and Crisis Management
- Employee Well Being
- Water and Waste Management
Environmental Achievements
- Various emission reduction and energy conservation initiatives at manufacturing facilities.
- Utilization of by-product char and other usable wastes to conserve natural resources including coal.
- Ensuring Zero Liquid Discharge (ZLD) status for the plant.
- Recycling of wastewater through ETP and STP.
- Minimal generation of solid or hazardous waste.
- Installation of air pollution control devices (Electrostatic Precipitators, Bag Filter System, Fume Extraction systems, Venture Scrubber Systems, Dust suppression Systems).
Social Achievements
- Investments in safety-related technology and Personal Protective Equipment (PPE) for employees.
- Safety training programs and awareness events.
- Continuous interaction and emphasis on upgrading systems and processes to cater to the changing needs of employees and their families.
- Various training and recreational programs to enhance employee belongingness.
Governance Achievements
- Vigil Mechanism policy under Section 177 of Companies Act, 2013, to deal with any instances of corruption or bribery.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Steel manufacturing and Power Generation being fuel and energy centric processes requiring investments for Energy Efficiency and Emission Management.
- Employee Health and Safety related incidents creating regulatory compliance, reputational, and business continuity risks.
- Crises management potential for unprecedented problems leading to business disruptions and downtime.
- Employee morale and engagement as well as healthy work environment being crucial for employee wellbeing.
- Risks associated with Water & Waste Water Management due to poor wastewater management and higher uncontrolled water consumption.
Mitigation Strategies
- Timely and suitable investments for continued compliances and beyond.
- Investments in safety-related technology and PPE.
- Safety training programs.
- Continuous interaction with employees and upgrading systems and processes.
- Various training and recreational programs.
- Optimum water use by effective monitoring system and wastewater recycling.
- Minimal generation of solid or hazardous waste and scientific disposal.
- Robust SOPs as per ISO systems, toolbox meetings, near miss case analysis, and plans to manage various risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Working with ISO-14001 and ISO-45001 certified contractors/suppliers/vendors.
- Encouraging contractors/suppliers/vendors to maintain human resources management policies.
- Following the Three R’s (Recycle, Reuse, Reduce).
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed