Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights
• Sustainable Sourcing
• Water
• Governance
• Ethics and Compliance
• Packaging and Waste
• Diversity

Environmental Achievements

• 62% reduction in CO2 emissions through electric boiler installation
• 87% of operating energy sourced from renewable resources
• 17% reduction in overall water consumption
• 77% of plastics recycled and 55% reused
• 30,050 KL of recycled water usage in factory operations
• 11,000 kg of high mountain waste collected from Mt. Everest, Mt. Lhotse, and Mt. Nuptse in Mountain Clean Up Campaign 2024

Social Achievements

• Collaboration with Maiti Nepal to raise awareness and combat human trafficking
• NPR 19.87 Mn spent on CSR, touching +1 Mn people
• Supported Maiti Nepal’s 32nd Anniversary Walkathon
• Responded to the earthquake in Jajarkot and West Rukum districts with relief materials
• Over 100,000 views and 5,000 engagements on World Oral Health Day activations

Governance Achievements

• 100% of employees completed mandatory Business Integrity Training
• No cases of Code and Code Policies breaches raised
• Proactive actions against counterfeits, including partnerships with Daraz

Climate Goals & Targets

Environmental Challenges

• Low consumer demand due to inflation, consumer choice, creditworthiness, and low liquidity (-2.8% decline in turnover)
• Liquidity constraints
• Outbound migration
• Inverted duty structures
• High production costs
• Weak investment protection
• Supply chain disruptions
• Counterfeiting

Mitigation Strategies

• Product diversification, premiumization, localization, and effective pricing strategies
• Increased brand building, value proposition updates, and consumer promotion
• Accelerated passing on key material savings to consumers
• Supply chain agility
• Digital initiatives (Shakti, Shikhar, Project Soulmate)
• Capacity upgradation in Hair Care (33%) and Oral Care (10%) lines
• Cost optimization through Symphony program and Integrated Planning Model
• Proactive engagement with government agencies for policy revisions
• Enforcement actions and consumer awareness programs against counterfeits

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sustainable sourcing of key raw materials
• Deforestation-free supply chain

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity
• Extreme weather events

Transition Risks

• Energy transition
• Rising energy prices

Opportunities

• Development of water-saving formulations
• De-seasonalizing product portfolios

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: CSC & Co. Chartered Accountants (Financial Information); PKF TR Upadhya & Co. (Plastics recovery, recycling audit assurance)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Certificate of Merit from ICAN
• Daraz Most Active Seller Award
• Growth Sellers Sales Excellence Award
• FLAME Awards Asia 2024 (Sunsilk Dashain Vibes 3 and Pond’s #habitof2 campaigns)