GENERIC ENGINEERING CONSTRUCTION AND PROJECTS LIMITED
Climate Impact & Sustainability Data (2020-06-30, 2022-2023)
Reporting Period: 2020-06-30
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:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Adverse impact on operations and financial results due to the COVID-19 pandemic and nationwide lockdown.
Mitigation Strategies
- The management has taken into account the possible impacts, up to the date of the approval of these financial results, arising from COVID-19 pandemic on the carrying value of the assets comprising Property plant and equipment, trade receivable, loans and advances and inventories and has concluded that there is no material impact as at 30 June 2020 except for provision made for expected credit loss on trade receivables amounting to Rs. 218.38 lacs. The Company will continue to monitor any material change to the future economic conditions and consequential impact on the financial results.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Indian Accounting Standards (Ind AS)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022-2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Geopolitical tensions leading to supply chain disruptions
- Availability and Price of Raw Materials
- Changes in the Competitive Landscape
- Project delay risk
- Safety concerns
Mitigation Strategies
- Diversified sourcing for inputs
- Contracts with escalation clauses based on wholesale price index
- Boosting efficiency, decreasing wastage, and cost optimization
- Strong customer relationship management
- Processes, systems and strong human capital to improve project management
- Safety gear for workers, equipment with warning systems, standard operating procedures