Bikaji Foods International Limited
Climate Impact & Sustainability Data (2022-23, 2023-24)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:33842.50 tCO2e/year
Scope 1 Emissions:24121.67 tCO2e/year
Scope 2 Emissions:9720.83 tCO2e/year
Water Consumption:187008.30 KL/year
Waste Generated:2797.21 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented various measures to enhance waste management practices, including an agreement with a waste management company to handle plastic waste.
- Transitioned from coal to briquettes in Kamrup, Muzaffarpur, and Tumakuru plants.
- Installed solar panels in Karni plant.
- Repurposed water from potato slicing for washing raw potatoes, reducing freshwater consumption.
Social Achievements
- Engaged 5,000+ women to produce papads, promoting financial independence.
- Provided regular employment to Bikaneri Bhujia makers, sustaining traditional methods.
- Implemented various measures to prevent accidents, injuries, emergencies, and occupational diseases.
Governance Achievements
- Successful IPO listing on November 16, 2022.
- Established a robust grievance redressal mechanism.
- Implemented a strong internal control system.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions
- Waste management
- Plastic waste management
- Meeting government targets under the PLI scheme.
Mitigation Strategies
- Developed alternative sourcing strategies
- Entered into a contract with a waste management company to handle plastic waste.
- Implemented various measures to enhance waste management practices.
- Achieved targets set by the government under the PLI scheme and received disbursements.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: National Voluntary Guidelines (NVGs) on Social, Environmental and Economic Responsibilities of Business
Certifications: ISO 22000:2018, BRCGS, APEDA, EIC, HALAL, Kosher, ISO 9001:2015
Reporting Period: 2023-24
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Planted 21,000 trees across various locations on World Environment Day.
- Installed 1800 KW, 1168 KW and 726 KW solar energy plants.
Social Achievements
- Organized health camps providing medical services to underserved communities.
- Supported the Right to Education (RTE) program.
- Provided vocational training to enhance employability.
Governance Achievements
- Successful IPO listing in November 2022.
- Amalgamation of Hanuman Agrofood Private Limited.
- Incorporation of Bikaji Foods International USA Corp.
Climate Goals & Targets
Short-term Goals:
- Expand the number of outlets to 3.50 Lakh by FY25.
Environmental Challenges
- Intense competition in the Indian snacks industry.
- Price fluctuations of raw materials.
- Supply chain disruptions.
- Changes in consumer preferences.
- Quality control issues.
Mitigation Strategies
- Product diversification to cater to wider range of tastes.
- Strong relationships with suppliers and diversified supplier base.
- Proper inventory management.
- Periodic market research.
- Strict quality control measures.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing