DCM Shriram Industries Limited
Climate Impact & Sustainability Data (2019-04 to 2020-03, 2022-23)
Reporting Period: 2019-04 to 2020-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:19.23 Crore Kwh/year (Sugar)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Installed Concentration & Incineration Plant for distillery effluent, achieving Zero Liquid Discharge and generating green power.
- Reduced steam consumption through new Multi Pressure Distillation Plant.
- Increased agrofuel consumption to 92% in Shriram Rayons, reducing fossil fuel use to 8%.
- Commissioned 100 KW Rooftop Solar Power Plant.
Social Achievements
- Supplied hand sanitizer free of cost to Government Departments and hospitals during Covid-19 pandemic.
- Maintained cordial industrial relations.
- Undertook CSR activities focusing on education, culture, healthcare, rural development, and infrastructure.
Governance Achievements
- Conducted annual evaluation of Board, Directors, and Committees.
- Established a Vigil Mechanism (Whistle Blower Policy).
- Complied with all mandatory Corporate Governance requirements.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Complete capacity expansion project in Shriram Rayons.
- Operationalize additional 1 MW Solar Power Plant in Shriram Rayons.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Covid-19 pandemic causing economic slowdown and uncertainty.
- High sugar stocks resulting in storage and liquidity problems.
- Lower automobile production affecting Rayon exports.
- Increased molasses reservation for country liquor affecting alcohol profitability.
Mitigation Strategies
- Continued sugar and chemical operations without major disruption during lockdown.
- Government support for sugar exports and Anhydrous Alcohol production.
- Cost reduction measures in Shriram Rayons.
- Production of alcohol-based hand sanitizers.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Indian Accounting Standards (Ind AS)
Certifications: ISO 45001 (Shriram Rayons)
Third-party Assurance: BSR & Co., LLP
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Hand Sanitizer
Awards & Recognition
- Not disclosed
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:641240 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:641240 tCO2e/year
Scope 2 Emissions:21677 tCO2e/year
Scope 3 Emissions:171474 tCO2e/year
Water Consumption:3362024 m3/year
Waste Generated:13376.3442 tons/year
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduction in energy consumption
- Reduction in carbon footprint
- Reduction in consumption of natural resources
- Increased use of agro waste pellets in place of coal
- Increased utilization of agro waste as boiler fuel
- Reduction in water consumption
- Upgradation of effluent and emission control facilities
Social Achievements
- Implemented SAP HANA system
- Cordial industrial relations
- Spent Rs.192.78 lakh on CSR activities
- Initiated production of sanitizers and accelerated production of disinfectants to support COVID relief efforts
Governance Achievements
- Full compliance with Corporate Governance requirements
- Established a Vigil Mechanism (Whistle Blower Policy)
- Constituted Internal Complaints Committees at all workplaces
- Regularly reviews the policy and submits a status report annually to the Competent Authority under Section 22 of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
Climate Goals & Targets
Environmental Challenges
- Global recessionary conditions affecting export volumes
- Increased input prices due to evolving global situation
- Increased energy prices
- Pandemic risk leading to business disruption
- Compliance to various laws and listing requirements
- External environment: Implications of Govt. Policies changes in agri sector
- Cyber Security / Technology/ Information Security
Mitigation Strategies
- Improved sales realization
- Cost reduction through process improvements
- Energy conservation measures
- Implementation of standard operating procedures
- Periodically monitoring and review changes in regulatory frameworks
- Implementation of information security controls and processes
Supply Chain Management
Supplier Audits: Approx. 20%