Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Employee well-being
• Corporate Governance

Environmental Achievements

• All Plant sites of the Company are environment regulations compliant.

Social Achievements

• The Company believes that manpower is the most valuable primary resource for the growth of the organization. Therefore the company has recruited competent managerial personnel and taken steps for strengthening their efficiency and competency, through their involvement in the company’s development and by installation of effective system for improving productivity.

Governance Achievements

• Your Company has always been conducting its business with due compliance of laws, rules, regulations and with sound internal control systems and procedures.
• The Company has obtained a Certificate from the Auditors of the Company regarding compliance of conditions of Corporate Governance as stipulated in the SEBI (LODR) Regulations, 2015.

Climate Goals & Targets

Environmental Challenges

• The total revenue of your Company has been reduced by about 25%. The main reason for the reduction is stoppage of production from machinery lease arrangement.
• The Company’s 100% subsidiary had to stop the business of exporting to USA from the month of September, 2018, due to high tariff levied by USA on materials imported from China.
• Lack of Govt. backing, frequent policy change, constrains increase in ocean freight and PP prices are major constrains.

Mitigation Strategies

• Due to the revenue from the MELT BLOWN machine installed last year, your Company could achieve the sales turnover of ` 150 Crore.
• The Company has also improved its geographic presence by enlarging its position in Europe and the USA.
• The Company has also decided to improve its manufacturing efficiency by incorporating various balancing equipments and also by placing emphasis on efficient and professional management of the available resources of the company.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Development
• Employee Well-being

Environmental Achievements

• Not disclosed

Social Achievements

• CSR Spent of ` 41.26 lakhs in the education and healthcare sector.
• Prioritised employee well-being during the pandemic, ensuring business continuity.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and resulting lockdowns causing temporary manufacturing disruptions.
• Export ban on melt-blown fabrics impacting export-oriented business.
• High tariffs levied by the USA on materials imported from China impacting subsidiary's business.

Mitigation Strategies

• Declared as an essential unit due to PPE production, enabling continued operations.
• Quickly shifted focus to domestic markets, adding over 25 new customers.
• Increased melt-blown production capacity from 1,500 MTPA to 3,000 MTPA.

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: Null

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• 11.24% decrease in total revenue.
• Decrease in profitability from ₹14.37 crore to ₹11.34 crore.
• 100% subsidiary stopped exporting to USA due to high tariffs.
• Severe logistic problems and 500% increase in freight to USA.
• Scarcity of containers and unpredictable vessel schedules.

Mitigation Strategies

• Changed product mix and started customized products to absorb high freight costs.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Health, Safety

Environmental Achievements

• All Plant sites of the Company are environment regulations compliant.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Logistic problems with excessive ocean freight effected export business adversely.
• Global growth lost momentum as monetary policy actions tightened financial conditions and consumer confidence weakened with the rising cost of livelihood.
• Inflation remained elevated.

Mitigation Strategies

• Your Company continues with its rigorous cost restructuring exercises and efficiency improvements which have resulted in significant savings through continued focus on cost controls, process efficiencies and product innovations that exceed customer expectations in all areas thereby enabling the Company to maintain sustainable growth in the current economic scenario.

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: Null

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed