Climate Change Data

Environmental Metrics

Social Achievements

• Associated with Shoshit Seva Sangh Foundation for providing education to underprivileged kids.

Governance Achievements

• Appointed Independent Directors Mr. Chetan Kumar and Mrs. Rama Kohli.
• Appointed Managing Director Mr. Anoop Kumar Bansal.
• Appointed Whole Time Directors Mr. Mayur Bhatt and Mr. Sanjay Shah.
• Appointed Chief Financial Officer Mr. Anirudh Singhal.
• Appointed Company Secretary Mrs. Itika Singhal.

Climate Goals & Targets

Environmental Challenges

• Cheap steel imports from China.
• Overleveraged steel companies and poor debt service performance.
• Global protectionism.

Mitigation Strategies

• Government safeguard duties to prevent cheap imports.
• Commissioning of Ferro Aluminum and Iron Powder plants to reduce procurement costs.
• Commissioning of Aluminum wire rod manufacturing plant.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Affordable Education
• Affordable Health

Social Achievements

• Associated with Shoshit Seva Sangh Foundation for education of underprivileged kids in Bihar.
• Committed to providing affordable medical facilities (dialysis) in Bhilai, Chhattisgarh through Bhagwan Mahavir Jain Relief Trust.

Governance Achievements

• Formal performance evaluation of the Board, its Committees, the Chairman and individual Directors was led by Nomination & Remuneration Committee.

Climate Goals & Targets

Environmental Challenges

• Cheap steel imports from China.
• Possible tariffs on Indian steel from USA and EU.
• Overleveraged Indian steel companies facing pressure from banks.

Mitigation Strategies

• Government safeguard duties on cheap steel imports.
• Focus on quality and cost control to maintain competitiveness.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 3 (Good Health and Well-being)

CSR initiatives contribute to affordable education and healthcare.

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Associated with Shoshit Seva Sangh Foundation for education of underprivileged kids in Bihar.
• Committed to helping people in Bhilai, Chhattisgarh access affordable medical facilities.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Cheap steel imports from China.
• Slowdown in the global Aluminum industry due to the trade war between China and the USA.
• Slowdown in the automotive industry impacting steel demand.

Mitigation Strategies

• Government safeguard duties on cheap steel imports.
• Not disclosed
• Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Renewable Energy
• Recycling
• Biotechnology

Environmental Achievements

• 400 KW of renewable energy used, resulting in approximately a 50% reduction in electricity expenses.
• Production of about 75% of Aluminium Flipping Coil from usage of Aluminium scrap.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• China’s economic slowdown and an influx of cheap imports strained the local steel market.
• Rising aluminium scrap prices and disrupted global supply chains compressed margins in the aluminium flipping coil business.

Mitigation Strategies

• Scaled down operations in the aluminium flipping coil business to protect profitability.
• Focus on core business of cored wire, showing sequential gains in volumes and realizations.

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: Null

Certifications: ISO 9001-2008

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Biotechnology products for alternate energy, food & beverage, laundry, and wastewater treatment.

Awards & Recognition

• Not disclosed