Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Total renewable energy consumed 276,506 kWh
• GHG emissions saved 225,191 tCO2e
• 100% of rainwater harvesting capacity utilized
• 97% of waste recycled
• 6.85 Lakh trees planted since inception

Social Achievements

• Reached over 8 million farmers
• Impacted over 50,000 lives through CSR initiatives
• Delivered soil health cards to 12,66,067 farmers
• 25,000 farmers reached through training sessions
• 2,480 employees including workers received 25 hours of training on average

Governance Achievements

• 5 out of 9 Board of Directors are Independent
• 100% of employees trained on code of conduct and HR policies
• Established an ESG Committee to provide oversight and monitor implementation of ESG strategies and processes

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions due to the COVID-19 pandemic
• Limited awareness and adoption of balanced nutrition among farmers
• Domestic and international competition affecting market presence
• Global and local demand-supply fluctuations, inflation, and economic growth impacting operations
• Dependency on single or limited locations for manufacturing, distribution, and sourcing
• Climatic conditions affecting agri-input sales
• Rising inflation and currency volatility impacting capex plans
• Pandemic risks
• Evolving regulatory framework
• Cyber security and data privacy risks

Mitigation Strategies

• Long-term sourcing strategy for raw materials and efficient production processes
• Expanding geographical reach and product portfolio (Zuari's Goa facility acquisition)
• Building economies of scale, strengthening customer relationships
• Management processes adapting to macroeconomic conditions
• Expanding to two units (Paradeep and Goa)
• Expanding into other states to mitigate climatic risks
• Maintaining healthy cash flow, tracking credit limits
• Safety and health initiatives, including work-from-home options
• Constant monitoring of the regulatory landscape, operational agility
• Layered cyber defenses, data leakage prevention systems, transaction monitoring

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Vendor evaluation system incorporating ESG criteria (EHS compliance, safe work practices, etc.)

Climate-Related Risks & Opportunities

Physical Risks

• Unfavorable weather patterns affecting agri-input sales

Transition Risks

• Evolving regulatory framework

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: IIRC Integrated Reporting Framework, GRI Standards, SASB Standards, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001:2015, ISO 14001:2015 (Paradeep & Goa), ISO 45001:2018 (Paradeep & Goa), ISO 50001 (Paradeep), ISO 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 5 (Gender Equality)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

Various initiatives aligned with these goals are described in the report.

Sustainable Products & Innovation

• Zypmite (soil conditioner)
• HFSA (used in aluminum processing)

Awards & Recognition

• Best Brand Platinum Award 2021
• Greentech Foundation ‘Environment Award’ 2021

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water consumption by 45% at Paradeep and over 50% at Goa facility
• Implemented zero liquid discharge policy during non-monsoon season
• Reduced GHG emissions through waste heat recovery systems and solar energy adoption
• Successfully managed legacy gypsum stocks through utilization in road construction and cement manufacturing
• Developed Zypmite Plus, a soil conditioner utilizing phospho-gypsum byproduct

Social Achievements

• Reached 8 million+ farmers through extensive distribution network
• Conducted 6,300+ farmer meetings, 750+ crop seminars, and 3,600+ product demonstrations
• Impacted 50,000+ lives annually through Navratna Prayas initiative
• Maintained low employee turnover rate of 6.77%
• Provided 28.67 average training hours per employee

Governance Achievements

• Established an ESG Steering Committee
• Implemented various policies aligned with ESG principles (Code of Conduct, Board Diversity Policy, Whistleblower Policy, etc.)
• Achieved ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and Protect & Sustain certifications

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions and inflationary pressures
• Rising input costs (fuel, food grains)
• Potential supply chain constraints
• Managing legacy stocks of gypsum
• Maintaining positive community relations

Mitigation Strategies

• Strategic plant locations near port facilities
• Backward integration of phosphoric and sulphuric acid production
• Utilizing gypsum in road construction and cement manufacturing
• Implementing Navratna Prayas initiative for community engagement
• Developing alternative sourcing strategies

Supply Chain Management

Responsible Procurement

• Vendor evaluation system with ESG criteria
• Long-term contracts with key partners (OCP Group)
• Development of alternative domestic sources

Climate-Related Risks & Opportunities

Physical Risks

• Changing weather patterns impacting agri-input sales

Reporting Standards

Frameworks Used: GRI Standards, SASB, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001, Protect & Sustain (IFA)

Sustainable Products & Innovation

• Zypmite Plus

Awards & Recognition

• Make in Odisha Conclave Award
• CII Energy Conservation Initiatives Award
• CIDC Vishwakarma Award
• CSR Golden Peacock Award
• Excellence Award by Odisha CSR Forum
• Exceed Award 2022
• PAP Best Performance Award
• Kalinga Safety Excellence Award-2022
• 13th Exceed Award 2022
• Greentech International EHS Award-2023

Environmental Metrics

ESG Focus Areas

• Sustainability
• ESG policies
• Enterprise risk
• Water stress
• Product stewardship
• Biodiversity assessment
• Responsible supply chain practices

Environmental Achievements

• Conducted a baseline biodiversity impact assessment covering a 10 km radius around the Paradeep site.
• Conducted water-stress assessments to identify and prioritize water-related risks.
• Energy saving project at Goa site expected to aid the bottomline.
• More than 78% reduction in power cost from Sulphuric Acid production at Goa plant.

Social Achievements

• Published second ESG Report aligned with GRI, SASB, and UN-SDGs.
• CSR initiatives benefiting 50,000+ beneficiaries, spending Rs. 75.4 million.
• 4,884+ Farmer Meetings, 274+ Crop Seminars, 162+ Retailer Meetings, 803+ Demonstrations, 3,202+ Campaigns (9M FY24).

Governance Achievements

• Formed an ESG steering committee of senior management.
• Voluntarily published first BRSR report for FY 22-23.
• ESG related policies have been formulated and implemented organization-wide.

Climate Goals & Targets

Environmental Challenges

• Lesser than expected rainfall and lower reservoir levels.
• Upward spike in Ammonia prices during Q3 FY24.

Mitigation Strategies

• Ability to store raw materials at plant sites to withstand supply disruptions.
• Backward integration and capacity ramp-up to improve margins.
• Energy saving project at Goa plant.

Supply Chain Management

Responsible Procurement

• Long-term contracts with suppliers for raw materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, UN-SDGs

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

Awards & Recognition

• Energy Conservation Award - 2023
• FAI Best Plant and Environment Management - 2023
• CSR Golden Peacock Award - 2022
• Excellence Award by Odisha CSR Forum - 2022
• CIDC Vishwakarma Award
• Accolades by CII for Energy Conservation Initiatives
• Exceed Award 2022 on OSH in Platinum category, Goa
• Recognition for “Shared Vision for Better World” by Bureau of Indian Standards
• PAP Best Performance Award, FAI - 2022

Environmental Metrics

ESG Focus Areas

• Occupational health and safety
• Chemical safety
• Business ethics
• Environmental management
• Inclusion and diversity
• Responsible supply chain
• Community relations
• GHG and Climate Change
• Air Emissions and Biodiversity
• Water Management
• Waste Management
• Product Stewardship
• Customer Relationship
• Diversity and Inclusion
• Human Capital Development
• Corporate Governance/ Risk Management
• Cybersecurity / Digitisation

Environmental Achievements

• Replaced 26 old LT motors with new energy-efficient motors, saving 80,766 KWh and 4.3 Lakhs.
• Upgraded ammonia converter, increasing ammonia conversion per pass by 3-3.5% and reducing specific energy consumption by 0.3 Gcal/MT. This resulted in a daily reduction of CO2 emissions by 24.77 tCO2e.
• Installed a 255 kW captive solar power plant at Paradeep manufacturing facility.
• Installed a waste heat recovery system at Paradeep facility in sulphuric acid plants, generating power equivalent to 245 MW and reducing GHG emissions by 23,190.68 tCO2e annually.

Social Achievements

• Implemented a comprehensive Safety Buddies program, mentoring 7 smaller industries to improve their safety standards.
• Conducted various training programs on governance, ethics, transparency, product responsibility, employee well-being, human rights, environment, public policy advocacy, and customer relations.

Governance Achievements

• Established an ESG Steering Committee to oversee environmental, social, and governance matters.
• Implemented an Anti-bribery and anti-corruption policy.

Climate Goals & Targets

Environmental Challenges

• Occupational health and safety risks leading to accidents, illnesses, and increased labor costs.
• Chemical safety risks from handling hazardous chemicals.
• Environmental management risks from industry scrutiny and non-compliance.
• Supply chain disruptions.
• Potential negative social impacts.

Mitigation Strategies

• Implemented proactive measures and effective occupational health & safety programs. Plants are ISO 45001 certified.
• Comprehensive SOPs and safety manuals for chemical handling, regular training, safety audits, and adequate PPEs.
• Manufacturing plants are ISO 14001 certified, regular third-party energy audits, and compliance with pollution control board requirements.
• Shifting to Molten Sulphur supply from IOCL and establishing a vendor evaluation system with ESG criteria.
• Conducting social impact assessments.

Supply Chain Management

Responsible Procurement

• Supplier assessment framework evaluating suppliers based on ESG criteria; adherence to PPL’s supplier code of conduct; risk assessments using ESG questionnaires.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• 17% reduction in GHG footprint across scope 1&2
• 46% energy is green via process heat recovery
• Implemented ESG Policies
• Conducted Water Stress & Biodiversity Assessments
• Coined Supply Chain ESG framework
• Achieved DJSI ESG score of 51 (top 25 percentile global standing in our sector)

Social Achievements

• Zero Fatalities
• ₹103.6 Million CSR spends impacting 59,000 lives
• 45.23 avg. training hours
• 1467 Total Employees

Governance Achievements

• 50% Independent Directors
• Zero cases of corporate governance breach
• 51 ESG score in DJSI

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Competitive edge in sourcing raw materials via long-term agreements with suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, UN SDG

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 17025

Sustainable Products & Innovation

• Nano Urea
• Nano DAP

Awards & Recognition

• FAI Award in Marketing - 2024
• Best Annual Report Award - 2023
• Kalinga Safety Excellence Award
• Best Performing Plant Award at FAI
• CSR Golden Peacock Award - 2022
• Excellence Award by Odisha CSR Forum - 2022
• CIDC Vishwakarma Award
• Best Professionally Managed Co.
• Accolades by CII for Energy Conservation Initiatives
• Exceed Award 2022 on OSH in Platinum category, Goa
• Recognition for “Shared Vision for Better World” by Bureau of Indian Standards
• PAP Best Performance Award, FAI - 2022