Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Volatile polymer prices, particularly in the first quarter.
• Competition from unorganized players with inferior but similar products.

Mitigation Strategies

• Presence on major online platforms and own e-commerce portal for sales and market penetration.
• Enrolment on GEM Portal (Government E-Marketplace) to cater to government supplies.
• Focus on timely collections and optimal procurement to mitigate raw material price fluctuations and minimize logistic costs.
• Robust security mechanism to protect infrastructure and information.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Environmental Achievements

• Installed Internet of Things (IOT) devices in all manufacturing plants for efficient energy utilization.
• Energy saving using Solar energy in Daman manufacturing plant.
• ISO 50001:2018 certification for Energy Management System at some plants.

Social Achievements

• CSR expenditure of ₹92.00 Lakhs focusing on education and healthcare.

Governance Achievements

• Compliance with the Code of Conduct for the Board and Senior Management.
• Adoption of a Code for Independent Directors.
• Adoption of a Code of Conduct for Prevention of Insider Trading and the Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

Climate Goals & Targets

Environmental Challenges

• Economic downturns affecting discretionary spending.
• Raw material price risk.
• Dependence on single distribution channels.

Mitigation Strategies

• Adjustments in pricing and promotional strategies.
• Vigilant inventory management and strategic pricing adjustments.
• Diversification and enhancement of distribution network.
• Prudent financial management and cash reserves for contingency planning.

Supply Chain Management

Climate-Related Risks & Opportunities