Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment Protection and Climate Resilience
• Responsible Business Conduct
• Workplace Symphony
• Social Stewardship

Environmental Achievements

• Renewable Energy generated and consumed (as electricity) 9,476 GJ
• Pfaudler Waghäusel reduced CO2 emissions by over 85%
• All manufacturing sites working towards zero waste to landfill by 2025
• Water recycling and reuse for hydro testing
• Reduced energy consumption through process improvements and technological interventions (e.g., replacing welding machines and grinders)

Social Achievements

• 100% Health and Safety training to workers
• Project SPARSH reached 6,938 beneficiaries through 317 medical camps in FY22
• Rescued and rehabilitated 43 marine strandings (Sea Turtles, Cetaceans, Sea Birds)
• Partnered with JV Patel ITI for skill development, achieving 100% admissions in NCVT trades

Governance Achievements

• Established ESG Steering Committee
• Implemented a robust risk management framework
• No incidents of non-compliance with environmental regulations

Climate Goals & Targets

Environmental Challenges

• Increased GHG emissions due to expansion of manufacturing facilities
• Increased water consumption due to expansion of manufacturing facilities
• Increased waste generation due to expansion of manufacturing facilities

Mitigation Strategies

• Implementing a three-pronged approach to reduce energy consumption and emissions (Energy Efficiency, Fuel Shift, Renewable Energy)
• Implementing measures to monitor and reduce water use (sensor-based bore operation control systems, sprinkler systems, push-type taps)
• Adopting an integrated waste management approach (source segregation, safe management, responsible disposal), aiming for greater circularity

Supply Chain Management

Responsible Procurement

• Sustainable procurement policy encouraging responsible sourcing, waste minimization, and ethical business practices

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Core Option

Certifications: ISO 14001:2015, ISO 45001:2018

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 7
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 14

Holistic ESG strategy designed to contribute to UN SDGs and India's environmental and socio-economic development goals

Sustainable Products & Innovation

• Funda® Filter
• MAVASPHERE® Spherical Dryer

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Renewable energy portfolio of 2.8 MW (Wind + Solar), contributing to 7% of total electricity needs and avoiding 1456 tCO₂e in FY 2022-23
• Glass Coat reduced by 0.32 Coat leading to saving of 25,32,467 kWh and 2051 tCO₂e annually.
• Various energy-saving strategies to cut down on energy use and emissions footprints

Social Achievements

• Implemented various sustainable supply chain practices and initiatives
• All manufacturing facilities adhere to ISO 45001 standards
• Comprehensive Emergency Response Plan and strict health & safety measures in place

Governance Achievements

• Board of Directors approved 3 Year ESG Strategy and Roadmap for the Company
• Robust Code of Conduct, emphasizing adherence to laws, prevention of conflicts of interest, protection of Company assets, and the promotion of a safe and inclusive workplace
• Regular training programs and open communication channels foster a culture of compliance

Climate Goals & Targets

Environmental Challenges

• Extreme weather events due to climate change pose a physical risk of disruption to the Company’s operations, and the safety & wellbeing of its employees
• A sustainable supply chain is one that ensures socially responsible business practices. Our inability to identify and collaborate strategically with suppliers / partners who provide key products and services can lead to contractual, legal and business-continuity risks.
• Providing a safe and healthy workplace environment for our workers is critical to the success of our operations.

Mitigation Strategies

• An environmentally sustainable approach is adopted by creating green policies, processes, frameworks and infrastructure-Focusing on energy conservation and use of renewable energy to reduce carbon footprint, adoption of newer technologies and methods to manage waste in line with circular economy principles
• Suppliers details are scrutinized through various screening tools and checklists to assess social risks. GMM Pfaudler’s supplier’s Code of Conduct expects its supply chain partners to completely abide by all applicable laws and standards for corporate governance, social responsibility, and the environment.
• Our focus is to create a workplace free of injuries, fatalities and illness by leveraging technology and through trainings, appropriate personal protective equipment, incident tracking and reporting.

Supply Chain Management

Responsible Procurement

• Supplier’s Code of Conduct
• Supplier Sustainability Risk Rating
• Supplier Self-Assessment for environmental and social criteria

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Reporting Standards

Frameworks Used: GRI, UNSDG

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Renewable energy portfolio of 1 MW Solar energy contributing to 6% of total electricity needs and helped avoid 862.62 tCO₂e in FY24.
• Reduced Glass coat application, helped save 27,10,200 kWh of electricity and avoided 1940.51 tCO₂e.
• Energy Saving Projects saved 2,72,266 kWh of energy and avoided 194.98 tCO₂e
• Overall Water Intensity reduced by 11%.

Social Achievements

• Constructed handwash stations, separate washrooms for boys and girls, water purifiers, water coolers, and protective shades for coolers and purifiers at two schools.
• Distributed school bags and PT uniforms to students.

Governance Achievements

• Robust governance framework, adherence to governance principles and charters of the Board's standing committees.

Climate Goals & Targets

Environmental Challenges

• Responsible Supply Chain risks due to potential social risks from suppliers.
• Occupational health and safety risks.
• Climate Change risks due to extreme weather events.
• Water and Wastewater Management risks due to water scarcity.
• Waste Management risks due to expanding landfills and dumpsites.
• Ethics and Compliance risks due to non-compliance with regulations.

Mitigation Strategies

• Supplier Code of Conduct requiring adherence to laws and standards governing corporate governance, social responsibility, and environmental stewardship.
• Focus on ensuring a safe workplace environment through technology, training, and strict safety protocols. Compliance with ISO 45001 standards.
• Implementing green policies, frameworks, and infrastructure. Prioritizing energy conservation and renewable energy.
• Implementing wastewater treatment and recycling measures.
• Comprehensive strategies to minimize waste production throughout the manufacturing cycle. Responsible disposal of waste at Transport, Storage, and Disposal Facilities (TSDF).
• Robust Code of Conduct instilling values of integrity, transparency, and respect. Regular training and open communication channels.

Supply Chain Management

Supplier Audits: Regular assessments of key suppliers through Sustainability Risk Rating and Supplier Self-Assessment processes. 91.83% of raw material procurement by value are sourced sustainably.

Responsible Procurement

• Supplier Code of Conduct mandating sustainable resource use and minimizing environmental impact.
• Supplier Sustainability Risk Rating and Supplier Self-Assessment for environmental and social criteria.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, UNSDG

Certifications: ISO 50001, ISO 9001, ISO 14001, ISO 45001

Awards & Recognition

• Bronze Medal in EcoVadis Sustainability Rating