Climate Change Data

Madhya Bharat Agro Products 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:26263.35 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:15275.68 tCO2e/year
Scope 2 Emissions:10987.67 tCO2e/year
Water Consumption:423050.43 kilolitres/year
Waste Generated:126913.69 tons/year

ESG Focus Areas

  • Environmental Footprint (Water and Waste Management)
  • Corporate Governance
  • Workforce Well-being
  • Community Development
  • Human Rights

Environmental Achievements

  • Implemented a zero liquid discharge policy
  • Created a green belt over 35% of premises
  • Installed solar lights and LED lighting across plants
  • Established rainwater harvesting structures
  • Planted 16,540 trees within premises
  • Collection of torn HDPE bags and metal scrap

Social Achievements

  • Farmers Training Programmes, Jeep Campaigns, and Mass Contact Programmes
  • Developed a dedicated mobile App, Krishi Yodha
  • Introduced SSP and NPK products in Haryana, Punjab, and Rajasthan
  • Ventured into organic fertilizers
  • Implemented various measures to motivate and recognise employee contribution
  • Developed specialised training programmes to address skill gaps
  • Established an internal complaint committee for addressing workplace issues
  • Provision for free education
  • Food distribution drives

Governance Achievements

  • Adherence to governance frameworks aligned with relevant laws and regulations
  • Implemented SAP for better MIS & monitoring
  • Established a Stakeholder Committee to address investor complaints

Climate Goals & Targets

Environmental Challenges

  • Water scarcity
  • Inadvertent non-compliance to regulations around recycling
  • Risks associated with strong corporate governance
  • Changing expectations of the workforce
  • Safety risks in manufacturing operations
  • Demand variation due to monsoon pattern
  • Variations in input costs
  • Government regulations
  • Potential threat of new entrants
  • Volatility in raw material prices and foreign exchange rates
Mitigation Strategies
  • Employee education around saving water, more efficient use of water in campuses, Rain water harvesting, recycling of waste water
  • Reduction in waste generation, maximization of recycling and reuse
  • Strong corporate governance practices
  • Supporting employees through various measures (vaccination centers, hospital support, increased insurance coverage)
  • Adherence to safety standards, highest operational standards for handling hazardous materials
  • Long-term agreements with domestic and overseas suppliers for rock phosphate
  • Backward integration and developing manufacturing facilities for raw materials
  • Risk Management Committee
  • Risk Management Policy
  • Long-term supply agreement for Raw Material, identifying new sources

Supply Chain Management

Supplier Audits: 67% of suppliers covered in responsible sourcing program

Responsible Procurement
  • Social, ethical and environmental performance factors considered in supplier selection

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Organic fertilizers (PDM, Prom, Casma)
  • Water-Soluble Fertilizers
  • Different types of imported fertilizers

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:22984.358 + 17980.334 = 40964.692 tCO2e/year
Scope 1 Emissions:22984.358 tCO2e/year
Scope 2 Emissions:17980.334 tCO2e/year
Total Energy Consumption:228977.77 GJ/year
Water Consumption:541433.19 kl/year
Waste Generated:154507.32 tons/year
Carbon Intensity:0.5014 per rupee of turnover

ESG Focus Areas

  • Environmental Footprint–Water management
  • Environmental Footprint –Waste management
  • Corporate Governance – Board oversight, Conflict of Interest, Ethics, Risk and Compliance, Succession Planning
  • Changing expectations of the workforce and work environments
  • Safety risk

Environmental Achievements

  • Implemented “Reduce, Reuse, Recycle” concept for effective waste management
  • Achieved zero liquid discharge across all campuses
  • Optimizes water consumption through conservation, sewage treatment and reuse, and rainwater harvesting

Social Achievements

  • Regular safety training programs
  • Employee education around saving water
  • Supported employees to navigate the pandemic seamlessly through measures such as vaccination centers, hospital support, increased insurance coverage, and more.

Governance Achievements

  • Strong corporate governance is core to achieving the organization’s mission
  • Established vigil mechanism policy for Directors and employees

Climate Goals & Targets

Environmental Challenges

  • Water scarcity can impair the company’s operations and disrupt business
  • Inadvertent non-compliance to existing and emerging regulations around recycling and the circular economy can result in economic penalties and reputation damage
  • Strong corporate governance is core to achieving the organization’s mission and any risks can undermine stakeholder trust, damage reputation and disrupt business
  • Continued employee preference to work out of remote locations on a long-term basis and our ability to grow profitably.
  • The manufacturing operations of the Company require employees to interact with plant, machinery, and material handling equipment, all of which carry an inherent risk of injury
Mitigation Strategies
  • Employee education around saving water, more efficient use of water in campuses, Rain water harvesting, recycling of waste water
  • Reduction in waste generation, maximization of recycling and reuse
  • Kindly refer to “Material aspects and company approach to them” in Corporate Governance Report
  • We supported our employees to navigate the pandemic seamlessly through measures such as vaccination centers, hospital support, increased insurance coverage, and more.
  • Adherence to safety standards, the Company’s Policy and highest operational standards for handling hazardous materials at plants

Supply Chain Management

Supplier Audits: 72% of suppliers are covered in the responsible sourcing program

Responsible Procurement
  • The Company considers the social, ethical and environmental performance factors in the process of selecting suppliers

Climate-Related Risks & Opportunities