Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility

Environmental Achievements

• Reduction in fuel consumption
• Reduction in power consumption
• Increased forest cover and fruit garden
• Conservation and propagation of rare species of trees

Social Achievements

• Launched CSR initiatives focusing on education, healthcare, and afforestation
• Cordial industrial relations at the plant

Governance Achievements

• Compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Established a Vigil Mechanism/Whistle Blower Policy
• Regular Board meetings and committee meetings

Climate Goals & Targets

Environmental Challenges

• Lower rural demand due to poor monsoons
• High excise duties, sales tax, and service taxes
• Fluctuation in raw material prices
• Government regulations and policies

Mitigation Strategies

• Focus on infrastructure projects
• Internal control systems to manage risks
• Risk management committee
• Continuous training and talent nurturing

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• In recognition of our outstanding contribution in the field of environment protection, environmental management system, pollution prevention, recycling and consumption of AFR, biodiversity conservation, rain water harvesting and water conservation, energy conservation and corporate social responsibility the following awards have been conferred on the Company. 1. FAME Excellence Award_2016- Platinum Award for Environment Protection 2. Greentech Environment Award_2016-17- Gold Award for Environment Protection 3. Rashtra Vibhusan Award_2016-17- Platinum Award for Environment Protection
• Planted more than 3000 trees last year with cumulative over one lac trees in the last decade with survival rate of more than 80 percent

Social Achievements

• The Company has been at the forefront in extending benefits to the local communities in and around the Company’s operations at Ranavav.
• Undertaken projects relating to Health care & sanitation, providing good quality education and upliftment of the locals through rural development projects.
• Constructed 112 toilets in the nearby villages benefitting around 600 people.

Governance Achievements

• The Company is committed to maintain the highest standards of Corporate Governance and adhere to Corporate Governance requirements set out by SEBI.
• Your Company has complied with the requirements of Corporate Governance as laid down under SEBI (LODR) 2015.

Climate Goals & Targets

Environmental Challenges

• Excess cement capacity in the country, falling demand post demonetization and drop in cement prices during second half of the year.
• Negative growth rate in cumulative cement production; for the first time in the last decade.
• Slow pace of execution of infrastructure projects.
• Escalation in energy costs due to increase in coal and pet coke prices.
• High taxes (royalty on minerals, excise duty, octroi, service tax, etc.).
• Lower cement prices in the domestic market and unviable prices in the export markets.

Mitigation Strategies

• Implemented Enterprise Risk Management (ERM) system.
• Adopted Standard Operating Procedures to enhance controls and governance standards.
• Undertaken various training programmes for employee skill development.
• Initiated an ongoing dialogue with each employee under “Talk to me” initiative.
• Submitted proposal to meet revised environmental emission norms.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• FAME Excellence Award_2016- Platinum Award for Environment Protection
• Greentech Environment Award_2016-17- Gold Award for Environment Protection
• Rashtra Vibhusan Award_2016-17- Platinum Award for Environment Protection
• First, Second and Third ranks in Health, Safety & occupational health check up, Mine Machinery, improvement, innovation and Mine working & Implementation
• Second and Third rank in Overall performance relating to Vocational Training & Statutory records and Trade Test, First aid drill
• Second rank in Waste Dump Management and Mineral Beneficiation

Environmental Metrics

ESG Focus Areas

• Energy conservation
• Emissions reduction
• Water conservation
• Alternative Fuels and Raw Materials (AFR)
• Afforestation
• Community development
• Education
• Healthcare
• Safety

Environmental Achievements

• Reduced carbon emissions by substituting clinker with fly ash and slag, use of Alternative Fuels and Raw Materials and afforestation measures.
• Initiated measures for lower emissions and water conservation.
• Planted more than one lakh trees in the last decade with an 80% survival rate.

Social Achievements

• Promotion of education, particularly for girls.
• Rural development projects.
• Environmental & Health related projects.
• Runs a school for employees’ children and neighboring children.
• Initiated extra coaching classes for underprivileged students.
• Constructed 30 toilets in nearby villages.

Governance Achievements

• Complied with the requirements of Regulations 17 to 27 of the Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Climate Goals & Targets

Environmental Challenges

• Substantial increase in the cost of energy (coal, pet coke and power) and petroleum fuels.
• Restrictions on use of pet coke for power and as fuel in cement plants.
• Large surplus in the region resulting in lower price realizations and low capacity utilization.
• High cost of transport and non-availability of adequate public infrastructure in coastal regions.

Mitigation Strategies

• Improving operating efficiencies and optimizing costs through use of blended materials, competitive bidding and online auctions for input materials, and using substitute materials.
• Initiatives to identify alternative fuels and raw material sources.
• Concentrated efforts on sales promotion, increasing brand loyalty and awareness.
• Utilizing entire plant capacity.

Supply Chain Management

Climate-Related Risks & Opportunities