Climate Change Data

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