HEG Limited
Climate Impact & Sustainability Data (2021-22, 2023-24, 2024, 2024-01-01 to 2026-12-31)
Reporting Period: 2021-22
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:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Ethics, transparency & accountability
- Sustainability throughout the life-cycle of the product
- Employee well-being
- Responsive towards stakeholders
- Promotion of human rights
- Environmental protection
- Inclusive growth & equitable development
- Customer value
Environmental Achievements
- 100% of waste generated after the first process (GEP) is reusable and is part of our manufacturing SOP
- By-products like graphite fines are re-used in making of graphite electrode and graphite speciality products
- Solar power project, use of LNG, LED lighting at its operating and corporate facilities, Tree Plantations
Social Achievements
- Provided safe and law-abiding commuting facilities to children and teachers
- Continued to subsidise annually school fees for more than 200 BPL-category students
- Introduced a new scholarship program for children of below poverty lines
Governance Achievements
- BR performance is reviewed annually by the Board of Directors
- Quarterly review by the CSR Committee with regard to the CSR activities undertaken by the Company
- Company’s philosophy on Corporate Governance envisages attaining the highest levels of transparency, accountability and equity
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- No specific challenges mentioned in the report.
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- sourcing from large global oil refineries for needle coke, healthy, multi-decadal business relations with its global business partners
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: NVGs
Certifications: ISO 9001, ISO 14001, OHSAS 18001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:46,304.7 tCO2e (Scope 1) + 266,838.54 tCO2e (Scope 2) = 313,143.24 tCO2e
Scope 1 Emissions:46,304.7 tCO2e
Scope 2 Emissions:2,66,838.54 tCO2e
Total Energy Consumption:19,79,260 GJ
Water Consumption:4,28,531 kl
Waste Generated:9,416.41 tons
Carbon Intensity:4.6 tCO2e/Metric Tonnes (Scope 1 & 2)
ESG Focus Areas
- Carbon Reduction
- Employee well-being
- Occupational Health and Safety
- Responsible Sourcing
- Data Privacy and Cyber Security
- Operations Environment
- Diversity and Inclusion
- Human Rights and Labour Management
- Ethics
- Stakeholder engagement
- Business Resilience
Environmental Achievements
- Installation of solar power panels
- Revamping of furnace for better fuel efficiency
- Tree plantation
- Replacing diesel operated vehicles by Electric Vehicles
- Replacing existing/outdated machinery and equipment with energy-efficient alternatives.
Social Achievements
- Several initiatives for employees and workers well-being have been started. Medical examinations for workers, wellness and mental health ongoing services, and health- related services at Occupational Health centres are some of the main programmes.
- Regular training programmes on Healthy life style, Stress management and Work-life balance etc.
Governance Achievements
- Developing a detailed ESG Strategy, Roadmap and action plan for 3 years which inter-alia includes determining key stakeholders, calculating materiality assessment, conducting ESG due diligence for ensuring ESG Compliance.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050 or sooner
Environmental Challenges
- Climate change, environmental degradation, biodiversity loss, rising inequality, higher expectations of the local communities, and related regulatory changes.
Mitigation Strategies
- Various initiatives have been taken for improving energy efficiency and renewable energy utilisation like installation of solar power panels, revamping of furnace for better fuel efficiency, tree plantation, replacing diesel operated vehicles by Electric Vehicles etc, which has resulted in reduction of the Company’s carbon footprints.
- Several initiatives for employees and workers well-being have been started.
- The organization has identified, anticipated and assessed hazards and risks to safety and health arising from the work environment and also determines the adequacy of existing controls to eliminate hazards or control risks.
- The organization has policies and procedures to ensure suppliers follow sustainable practises and to mainstream supply chain sustainability.
- Respecting the rights to personal data privacy is a top priority for the Company. To ensure a standardised and high degree of protection for Personal Data processed by the Company’s Group Companies, the Company has embraced global data protection standards.
- A compliance tool is used to ensure that all environmental compliance requirements are satisfied, and operational changes are made to address critical Key Performance Indicator (KPI) for environmental compliance.
- The business prioritises diversity and inclusion and has a workable plan to do so.
- The organization has established a human rights policy, a thorough process, and diligence procedures to assess human rights concerns at all operational levels.
- The Company has an Ethics Policy that is applicable to all stakeholders.
- The organizations maintain ongoing stakeholder engagement procedures. Periodic training programmes and interaction sessions are being organized to ensure stakeholder engagement.
- The Company has protocols, tools, and procedures in place to confront and manage crisis, including disaster- related elements with serious repercussions.
Supply Chain Management
Supplier Audits: 12%
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- Businesses have substantial opportunities to reduce their carbon footprint through strategic substitution and efficiency improvements.
Reporting Standards
Frameworks Used: BRSR
Certifications: ISO 45001, ISO 14001, ISO 9001
Third-party Assurance: Not Applicable
UN Sustainable Development Goals
- 17 Sustainable Development Goals (SDGs)
We at HEG Limited are committed to the inclusive growth goals, boosting our efforts to align with the 17 Sustainable Development Goals (SDGs) set forth by the ‘United Nations’.
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- labor laws
- human rights
- regulations
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Reporting Period: 2024-01-01 to 2026-12-31
Environmental Metrics
ESG Focus Areas
- Environmental
Climate Goals & Targets
Environmental Challenges
- Air emissions from industrial processes, including GHGs and other pollutants causing local and regional environmental impacts (acid rain, ozone damage, health issues).
Mitigation Strategies
- Improved efficiency, new technologies, process changes, new abatement technology, regular monitoring of air emissions, mitigation of adverse impacts, reporting progress to stakeholders, reducing non-GHG air emissions (PM, SOx, NOx).
Supply Chain Management
Responsible Procurement
- Code of Practice defining minimum standards for air pollution prevention, reduction, and mitigation; evaluation process for supplier sustainability performance.