Satia 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:2,492.54 tCO2e/year (Scope 1); 7,501.06 tCO2e/year (Scope 2)
Scope 1 Emissions:2,492.54 tCO2e/year
Scope 2 Emissions:7,501.06 tCO2e/year
Water Consumption:74,24,910 m3/year (withdrawal)
Waste Generated:3,824 tons/year
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- Carbon Credit Surplus and regular income from renewable energy credits (REC)
- Reduced carbon emissions through PCC plant using CO2 from boilers
- Rainwater harvesting at manufacturing locations
- Treated wastewater used for eucalyptus plantation irrigation
- Conversion of rice husk boiler to rice straw boiler to reduce fuel cost and pollution
Social Achievements
- CSR expenditure of Rs 2,06,37,039.00
- Health and wellness awareness sessions for employees
- Cordial relationship with workers and employees
- Regular safety training and awareness sessions
Governance Achievements
- Fitch India Rating upgraded from ‘A’ to ‘A+’ with Stable outlook
- Established adequate internal control systems
- Appointment of Internal Auditor to review internal control systems
Climate Goals & Targets
Short-term Goals:
- Increase PM4 speed by 10% in FY24
- Modernize PM3 and increase speed from 650 m/min to 800-850 m/min between FY24 and FY25
- Install remaining six cutlery machines in Q2FY24
- Modify next six wood pulp digesters by end of Q2FY24
Environmental Challenges
- Falling pulp and paper prices creating adverse pressure on domestic prices, exports, and demand
- Shortage of wood-based raw material
- Promotion of digital infrastructure potentially impacting demand for printing paper
- Changing regulations around human rights and labour practices
Mitigation Strategies
- Cost control and productivity increase to meet competition
- Project Green to meet raw material shortage and plant more trees
- Increased use of agro waste, veneer waste, and wood waste
- Introduction of biodegradable table cutlery
- Production of specialized food packaging
- Increased wood pulping capacity to reduce reliance on wheat straw pulp
- Robust framework to ensure compliance with current and emerging regulations
- Initiatives to ensure employee health and safety
Supply Chain Management
Responsible Procurement
- Sustainable sourcing of raw materials from within 150 km radius
- Encouraging vendors to comply with environmental and labor laws
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, National Voluntary Guidelines on social, environmental and economic responsibilities of business
Certifications: ISO 9001, ISO 14001, ISO 45001
Sustainable Products & Innovation
- Biodegradable table cutlery
- Specialized food packaging
Awards & Recognition
- Life-Time Achievement Award to Dr. Ajay Satia
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Water Consumption:58,73,455 kiloliters
Waste Generated:4,079.34 Metric Tonnes
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Successfully commissioned a 75 TPH multi-fuel boiler, utilizing rice husk and rice straw as fuel, reducing stubble burning and GHG emissions.
- Established 550 acres of Eucalyptus plantation to manage treated effluent, preventing discharge into water bodies.
- Implemented a Precipitated Calcium Carbonate (PCC) plant, capturing CO2 for use as raw material, reducing CO2 emissions by approx. 20,000 metric tonnes per year.
- Implemented a Bio Methanation plant, utilizing biogas produced for fuel in power boilers.
Social Achievements
- Spent Rs 262.10 Lakh on CSR initiatives focusing on education, health, welfare, environmental conservation, and infrastructure development.
- Conducted trainings for employees to enhance efficiency and competencies.
- Prioritized employee safety, wellness, and training.
Governance Achievements
- Established adequate internal control systems, providing reasonable assurances about safeguarding assets, promoting operational efficiencies, and ensuring compliance.
- Appointed a firm of practicing Chartered Accountants as Internal Auditor to regularly review internal control systems.
Climate Goals & Targets
Medium-term Goals:
- Expand production capacity from 600 TPD to 700 TPD.
Short-term Goals:
- Modernize PM3 to enhance productivity, reduce costs, and improve product quality.
Environmental Challenges
- Abnormal dumping of paper from ASEAN countries, leading to increased imports and pressure on product prices.
- Poor availability and high prices of wood and wood pulp.
- Rising raw material prices impacting profitability.
Mitigation Strategies
- Increased use of agricultural residual-based pulp and cheaper rice straw fuel.
- Modernization and scaling up of capacities to improve productivity and reduce costs.
- Backward integration to reduce reliance on external wood pulp and optimize steam consumption.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing of raw materials, prioritizing proximity to minimize transportation and GHG emissions.
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 9: Industry, Innovation and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 15: Life on Land
Initiatives such as the multi-fuel boiler, Eucalyptus plantation, and PCC plant contribute to these goals.
Sustainable Products & Innovation
- Biodegradable table cutlery
- Specialized food packaging (pizza boxes)