Mazda Limited
Climate Impact & Sustainability Data (2017-2018, 2018-04 to 2019-03)
Reporting Period: 2017-2018
Environmental Metrics
ESG Focus Areas
- Health, Safety & Environment
- Corporate Social Responsibility
Environmental Achievements
- Manufacturing facility at all four units and corporate office are ISO 9001:2008 & 14001:2015, and OHSAS 18001:2007 certified.
- Developed environment friendly Chill Water Base Vacuum System for the edible oil refineries.
Social Achievements
- Continued focus on people excellence and implemented a number of initiatives involving employees.
- Constantly identifies and implements unique initiatives which are scalable and sustainable and which have the capacity to create a positive impact on the lives of people especially the weaker and undeserved or marginalized sections by contributing to development of health and education of them.
Governance Achievements
- The company is committed to maintain the highest standards of Corporate Governance and adhere to the Corporate Governance requirements set out by the Securities and Exchange Board of India (SEBI).
- The Board of Directors, reviews the strategy and strives to achieve organizational growth by closely monitoring the performance of the company and Management.
Climate Goals & Targets
Environmental Challenges
- Slowdown in the engineering sector.
- Increase in the prices of the raw materials.
- Being in a competitive industry, there have to be constant pressure on cost and price. Further demands of customers keep on fluctuating.
Mitigation Strategies
- Investing in new technologies and by ensuring the seamless alignment of research, engineering production and delivery to meet their requirements.
- Constantly identifies and implements unique initiatives which are scalable and sustainable and which have the capacity to create a positive impact on the lives of people.
- Positively working to achieve efficiency and effectiveness and is confident of dealing well with adversities whatsoever.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Freeze Crystallization System for Zero Liquid Discharge
- Environment friendly Chill Water Base Vacuum System
Reporting Period: 2018-04 to 2019-03
Environmental Metrics
ESG Focus Areas
- Health, Safety & Environment
- Corporate Social Responsibility
Environmental Achievements
- Manufacturing facility at all four units and corporate office are ISO 9001:2015 & 14001:2015, and OHSAS 18001:2007 certified.
- Developed environment friendly Chill Water Base Vacuum System for the edible oil refineries.
- Developed technology for harnessing freely available atmospheric pressure waste steam generated during a stage of food processing for running their own Zero Liquid Discharge (ZLD) plant.
Social Achievements
- Maintains a strong relationship with its employees to improve their efficiency level at the workplace.
- Focus on providing fulfilment, stretch and opportunity for the development to its employees at all levels of the business.
- CSR projects focused on disadvantaged, vulnerable and marginalized communities; interventions in health, education and skill development.
Governance Achievements
- Compliance with Secretarial Standards issued by the Institute of Company Secretaries of India on Board meetings and Annual General Meetings.
- Established a Vigil Mechanism Framework to enable Directors and Employees to report genuine concerns about unethical behavior, actual or suspected fraud or violation of Code of Conduct.
- Adopted a Code of conduct pursuant to the requirements of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended in 2019.
Climate Goals & Targets
Environmental Challenges
- Stability of the capital intensive industry
- Foreign exchange rate fluctuation
- Delay in dispatches resulting in high inventory and blockage of working capital
Mitigation Strategies
- Company is positively working to achieve efficiency and effectiveness and is confident of dealing well with adversities.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- environment friendly Chill Water Base Vacuum System
- technology for harnessing freely available atmospheric pressure waste steam