SANGHVI MOVERS LIMITED
Climate Impact & Sustainability Data (2021-22, 2022-23, 2023-2024)
Reporting Period: 2021-22
Environmental Metrics
ESG Focus Areas
- Safety
- Environmental Sustainability
- Community Engagement
Environmental Achievements
- Installed 90 kWh solar plant at its Registered Office and 30 kWh solar plant at its depot resulting in use of renewable energy.
- Initiated energy conservation programs
Social Achievements
- Provided regular safety and skill up-gradation trainings to employees.
- Deployed local service providers in its operations to the maximum extent possible.
- Provided road safety trainings and regular health programs to drivers.
Governance Achievements
- Maintained high standards of ethical behavior and compliance with regulations.
- Established a Vigil Mechanism and Whistle Blower Policy.
- Complied with Secretarial Standards issued by the Institute of Company Secretaries of India.
Climate Goals & Targets
Environmental Challenges
- Global economic conditions affecting the Indian economy.
- Competition from domestic and foreign players.
- Cybersecurity risks.
- Sustainability risks (ESG risks).
- Market risks (inter-state movement of cranes, entry tax, delayed payments).
- Regulatory risks.
- Manpower risks (shortage of skilled operators and technical staff).
- COVID-19 risks.
Mitigation Strategies
- Implemented mitigation plans to minimize adverse impact on revenue and profitability.
- Strengthened cybersecurity posture (security procedures, training, secure device configurations, intrusion detection systems, etc.).
- Adopted forward-looking practices to address ESG objectives.
- Developed alternative procurement strategies.
- Explored contractual remedies to deal with disruptions.
- Regularly conducted safety trainings and programs, implemented COVID-19 specific arrangements (sanitization, thermal screening, social distancing).
Supply Chain Management
Responsible Procurement
- Dealing with various clients/vendors policy covering high quality service standards, compliance with EHS standards/regulations, labor, employee and human rights related regulations.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:4,967.02 tCO2e/year (Scope 1) and 168.80 tCO2e/year (Scope 2)
Scope 1 Emissions:4,967.02 tCO2e/year
Scope 2 Emissions:168.80 tCO2e/year
Water Consumption:450 kilolitres/year
Waste Generated:1.47 metric tonnes/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed 90 KW solar plant at Registered Office and 30 KW solar plant at Vadgaon depot.
- Implemented measures to optimise fuel consumption and reduce emissions.
- Installed a compost fertilizer plant at Registered Office in Pune.
Social Achievements
- Supported initiatives that enhance access to quality education and skill development opportunities.
- Engaged in initiatives that aims to improve access to healthcare facilities.
- Promotes a varied and inclusive workforce.
Governance Achievements
- Upholds the highest standards of corporate governance and ethical conduct.
- Implemented strong governance practices, including effective risk management and internal controls.
- Promotes a culture of integrity and zero tolerance for corruption.
Climate Goals & Targets
Long-term Goals:
- To emerge as a global sustainability leader within the crane rental industry.
Environmental Challenges
- Minimising environmental footprint.
- Reducing greenhouse gas emissions.
- Conserving energy and managing waste responsibly.
Mitigation Strategies
- Investing in modern equipment and technologies that are more energy-efficient and environmentally friendly.
- Adopting best practices in fleet management and maintenance to optimise fuel consumption and reduce emissions.
- Promoting environmental awareness and education among employees.
Supply Chain Management
Responsible Procurement
- Sustainable Supply Chain And Responsible Sourcing Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, NGRBCs
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Awards & Recognition
- Most Preferred Workplace 2023
- C & I India Energy Leadership Award
- WIND-5, INSIDER Award
- Turnkey Solution Provider of the Year 2023
- WIND-5, INSIDER Project of the Year
- Performance Excellence Award of the Year 2023
- ReNew Power Best Contractor Award 2022
- Vestas Certificate of appreciation
- Certificate of appreciation from GE Renewable Energy
- Authorised Economic Operator Certificate
- Certificate of appreciation from Ministry of Finance
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:5,056.55 tCO2e/year (Scope 1) + 318.71 tCO2e/year (Scope 2)
Scope 1 Emissions:5,056.55 tCO2e/year
Scope 2 Emissions:318.71 tCO2e/year
Total Energy Consumption:81,309.56 MWh/year (non-renewable) + 49.72 MWh/year (renewable)
Water Consumption:456.31 m3/year
Waste Generated:1.22 tons/year
ESG Focus Areas
- Emissions & Pollutants
- Operational Efficiency
- Waste Management
- Climate Risk and Adaptation
- Circular Economy
- Customer Satisfaction
- Operational Health & Safety
- Employee Well-being & Retention
- Labour Management
- Diversity & Inclusion
- Human Rights
- Customer Information And Privacy Protection
- Corporate Governance
- Business Ethics And Compliance
Environmental Achievements
- Installed a 120-kilowatt solar power system
- Providing cranes for wind farm construction
- Planted over 2,500 trees till 31 March 2024
Social Achievements
- Implemented various initiatives to ensure the health and safety of our workforce
- Prioritises the overall growth of its employees through robust people practices
- Organised various events such as annual sports events, festival celebrations, trekking, health check-ups, and learning and development programmes
Governance Achievements
- Implemented an Anti-Bribery and Anti-Corruption Policy along with a robust Vigil Mechanism and Whistleblower policy
Climate Goals & Targets
Environmental Challenges
- Emissions and pollutants from crane operations
- Waste management during company operations
- Climate change events posing physical and transitional risks
- Ensuring customer satisfaction in a high-value project sector
- Operational health and safety risks due to manual labor and heavy machinery
- Employee well-being and retention
- Effective labour management practices
- Improving diversity and inclusion
- Protecting human rights
- Customer information and privacy protection
- Corporate governance
- Business ethics and compliance
Mitigation Strategies
- Committed to clean energy transition with an environmental policy, investing in solar plants and energy-efficient equipment
- Established Waste Management and IT E-Waste Management Policies
- Actively monitoring the evolving environmental landscape and associated regulations
- Ensuring service quality with an escalation mechanism to address customer concerns
- Strong emphasis on Employee Health and Safety (EHS) with ISO 45001 certification and regular trainings
- Prioritising employee well-being with health and well-being initiatives, fair pay norms, equal opportunities, and extensive training programmes
- Implementing robust labour management systems, including clear job descriptions and regular training programmes
- Formulating measures to improve diversity and inclusion
- Prioritising equal opportunity, strictly enforcing policies against sexual harassment, prohibiting child and forced labour, and adhering to a comprehensive code of conduct
- Having a privacy policy and robust systems in place to safeguard customer information
- Strict adherence to all relevant laws and regulations with robust systems in place to monitor regulatory compliance
- Implementing an Anti-Bribery and Anti-Corruption Policy along with a robust Vigil Mechanism and Whistleblower policy
Supply Chain Management
Responsible Procurement
- Sustainable Supply Chain And Responsible Sourcing Policy