Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment, Health and Safety (EHS)
• Employee Well-being
• Community Development

Environmental Achievements

• Achieved Zero Waste organization status
• Implemented water conservation initiatives (ponds and water harvesting)
• Reduced energy consumption and increased renewable energy use
• Manufacturing units comply with ISO 9001 and ISO 14001 standards

Social Achievements

• Maintained cordial relations with workforce
• Implemented COVID-19 guidelines to ensure employee health and productivity
• Undertook CSR activities in community healthcare, sanitation, education, and social care

Governance Achievements

• Implemented a comprehensive risk management framework
• Established a Vigil Mechanism/Whistle Blower Policy
• Adopted a policy against sexual harassment at the workplace
• Complied with all applicable Secretarial Standards

Climate Goals & Targets

Environmental Challenges

• COVID-19 disruptions
• Rising inflation and raw material supply issues
• Increased fuel and gas prices impacting logistics and export margins
• Shortage of containers and higher shipping freight costs
• Competition from domestic and international players
• Risk of product obsolescence
• Risk of negative brand reputation
• Risk of substitution by new product categories
• Operational risks from unforeseen events
• Risk of negative impact on distribution network
• Geographical risk concentration

Mitigation Strategies

• Efficient product mix and strategy to pass escalated costs
• Fast turnaround of operations post-COVID
• Price increases passed on to customers to maintain margins
• Focus on innovation, technology, quality, cost efficiency, brand equity, and distribution
• Extensive market research and strong R&D capabilities
• Brand promotion initiatives (celebrity endorsements, experience centers, campaigns)
• Constant engagement with market participants and portfolio upgrades
• Robust internal control system and regular audits
• Large and diversified distribution network
• Diversified revenue streams across regions and exports

Supply Chain Management

Responsible Procurement

• Evaluation and selection of vendors based on EHS compliance
• Development of alternate vendors for business continuity

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental responsibility
• Employee well-being
• Community empowerment

Environmental Achievements

• Zero-waste organization
• Water conservation through ponds and water harvesting
• Increasing use of renewable energy

Social Achievements

• Investments in employee learning and development
• Introduction of ESOP Scheme 2023
• AGL Master Stroke 2022 event for trade partners

Governance Achievements

• Established a clear governance framework
• Operates with utmost integrity

Climate Goals & Targets

Environmental Challenges

• Sharp increase in gas prices
• Cost inflation in other critical inputs
• Slowdown in exports due to high freight costs
• Lower plant capacity utilization due to product changeovers
• Impact on margins due to write-off of old receivables

Mitigation Strategies

• Mega expansion plans establishing two manufacturing facilities
• Strategic streamlining of product portfolio
• Participation in international exhibitions
• Initiatives to support trade customer growth
• Enhanced Strategic Integration Programme (ESIP)

Supply Chain Management

Responsible Procurement

• Convenient access to raw materials from Rajasthan quarries

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001:2015, ISO 14001:2015