I G Petrochemicals Limited
Climate Impact & Sustainability Data (2023-24)
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:112814 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:112814 tCO2e/year
Scope 2 Emissions:1224 tCO2e/year
Total Energy Consumption:380669 MWh/year
Water Consumption:1016176 m3/year
Waste Generated:4978.80 tons/year
Carbon Intensity:0.54 tCO2e/lakhs (Scope 1 & 2)
ESG Focus Areas
- Environmental Stewardship
- Workforce Health and Safety
- Waste Management
- Air Pollution
- Ethical Business Conduct
- Water Management
- Greenhouse Gas Emissions
- Supply Chain Management
- Training and Development
- Energy Management
- Human Rights
- Community Development
- Stakeholder Engagement
- Data Privacy
- Cybersecurity
Environmental Achievements
- 80% Zero Liquid Discharge (ZLD) coverage and 100% Effluent Treatment Plant (ETP) coverage.
- Miyawaki Forest Creation: Planted 30,000+ trees, estimated 770 tons of CO2 sequestration per year.
- Watershed Development: Increased water storage by more than 273 lakhs litres.
Social Achievements
- 100% of permanent employees and workers covered by health insurance.
- Various CSR initiatives focusing on women's empowerment, healthcare, and community upskilling.
- Skill development training for 232 persons and women empowerment project for 1852 persons.
Governance Achievements
- Established ESG Committee for decision-making on sustainability issues.
- Robust framework to ensure compliance with all relevant laws and regulations.
- Implementation of anti-corruption and anti-bribery policies.
Climate Goals & Targets
Short-term Goals:
- Reduce specific power consumption by 5% in the next three years.
- Reduce GHG emissions by reducing specific fuel consumption by 10% in the next three years.
- Reduce other emissions by 20% in the next three years.
- Reduce specific water consumption by 5% in the next three years.
- Reduce incineration waste by 50% in the next three years.
Environmental Challenges
- ESG risk management in the chemical sector.
- Safety and environmental stewardship of products.
- Workforce health and safety due to the nature of the business.
- Waste management in the chemical industry.
- Air pollution due to emission-intensive operations.
- Supply chain management complexities.
- Water management in a water-intensive process.
Mitigation Strategies
- Developed mitigation strategies for ESG risks.
- Strict adherence to health and safety protocols and regular training sessions.
- Integrated waste management system in accordance with guidelines.
- Daily monitoring of emissions and implementation of best practices.
- Robust and transparent supply chain management practices.
- Significant investments in water management and efficiency enhancement systems (ZLD and ETP).
Supply Chain Management
Supplier Audits: Annually
Responsible Procurement
- Supplier code of conduct
- Compliance clause in contracts