Go Fashion (India) Limited
Climate Impact & Sustainability Data (2022-23)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:16392.85 tonnes of CO2 (Scope 1 & 2)
Scope 1 Emissions:12156.37 tonnes of CO2
Scope 2 Emissions:3597.23 tonnes of CO2
Renewable Energy Share:0%
Water Consumption:12711.39 kilolitres
Waste Generated:250 metric tonnes
Carbon Intensity:0.83 tonnes of CO2 per rupee (lakhs) of turnover
ESG Focus Areas
- Waste management
- Supply Chain Management
- Health & Safety
- Regulatory & Legal Compliances
- Human Rights
Environmental Achievements
- Reduced GHG emission intensity by 37.6% compared to the previous fiscal year.
- Reduced water intensity by 37%.
Social Achievements
- Improved workforce diversity by 4.4% compared to the previous year.
- Implemented health and safety measures, including safety induction and training, mock drills, and provision of safety equipment.
- Implemented a Health & Safety policy.
- Implemented a Supplier Code of Conduct.
- Implemented an equal opportunity policy.
- Implemented a grievance redressal mechanism for employees and workers.
Governance Achievements
- Established a robust internal audit system.
- Implemented a code of conduct and an insider trading policy.
- Established a Vigil Mechanism and Whistle Blower Policy.
- Implemented a Risk Management Policy.
Climate Goals & Targets
Environmental Challenges
- Cotton price volatility
- Unforeseen inflation
- Product awareness
- Online presence
- Recruitment of suitable candidates
- Availability of raw materials
- Work-related hazards
Mitigation Strategies
- Strategic bulk purchase of raw materials
- Periodic cost reviews with suppliers
- Marketing campaigns promoting new products
- Scaling digital marketing
- Broadening recruitment scope
- Bulk fabric purchase
- Implementation of work safety measures, including general guidelines for health and safety, accident reporting, wearing safety equipment, and maintaining clean and orderly work locations.
Supply Chain Management
Supplier Audits: 25%
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015