Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Capital Development
• Health and safety
• Energy Management and Emission Reduction
• Waste management
• Product Design and Innovation
• Corporate Governance
• Community development
• Supply chain management
• Climate change strategy
• Human Rights
• Water management
• Customer relationship management
• Biodiversity management
• Data security and privacy

Environmental Achievements

• Zero accidents and LTIFR incidents in its operations
• Adoption of renewable energy sources (solar panels)
• Substitution of HSD with PNG
• Recycling or safe disposal of waste by authorized waste collectors
• No waste generated in the mobile manufacturing division remains with the Company
• Installation of Sewage Treatment Plants (STP)
• Re-use of RO water
• Rain water harvesting

Social Achievements

• Great Place to Work (GWP) certification for two consecutive years
• Zero occupational workplace fatality across all units
• Various employee-centric initiatives, including skill development, training, and engagement programs
• Implementation of exemplary measures to ensure the protection of human rights
• Multiple policies to ensure the protection of human rights
• CSR projects focusing on education, well-being of senior citizens, poverty eradication, and healthcare

Governance Achievements

• Establishment of an ESG Committee
• Robust corporate governance framework ensuring adherence to all relevant regulatory stipulations
• Implementation of an Anti-Corruption and Anti-Bribery Policy
• In-house compliance management tool (Lex comply)

Climate Goals & Targets

Environmental Challenges

• Waste management (e-waste)
• Supply chain disruptions
• Climate change impacts (physical and transitional risks)
• Data security and privacy

Mitigation Strategies

• Collaboration with authorized third-party vendors for waste disposal
• Prioritizing local suppliers
• Leveraging SAP technologies for inventory management
• Climate risk assessment to develop mitigation strategies
• Implementation of data privacy policy and strengthening information security system
• ISO 27001 certification for information technology system

Supply Chain Management

Responsible Procurement

• Prioritizing local suppliers whenever feasible

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NGRBC

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001, ISO 50001:2018, ISO 27001

Awards & Recognition

• Great Place to Work (GWP) certification

Environmental Metrics

ESG Focus Areas

• Environmental conservation
• Socio-economic well-being
• Combating climate change
• Waste management
• Water management
• Health and safety
• Community development
• Human Capital Development
• Corporate Governance
• Energy Management and Emission Reduction
• Supply chain management
• Data security and privacy
• Product Design and Innovation
• Customer relationship management
• Human Rights
• Climate change strategy
• Biodiversity management

Environmental Achievements

• Commissioned operations at Greater Noida with a solar capacity of 1,980 KWP, equivalent to 67,980 matured trees absorbing CO2 for 40 years and 1,37,100 barrels of oil consumed.
• 14.6% of total energy consumption from renewable sources (standalone basis)
• All manufacturing facilities operate as Zero Waste to Landfill (ZWL).

Social Achievements

• Tirupati factory workforce comprises 65% women.
• Various health camps/workshops, festivals, monthly award distributions, workshops on minimizing water wastages, Environmental clean-ups workshops and indoor sports activities for employees.
• CSR contributions towards Healthcare, Education and Skill Training, Women’s Empowerment and Welfare of Senior Citizens.

Governance Achievements

• Zero non-compliance related fines/penalties.
• Great Place to Work recognition thrice in 3 years.
• Robust governance framework with various committees to monitor and review performance regularly.

Climate Goals & Targets

Environmental Challenges

• Rising costs and reduced demand across certain business divisions pressurised the margins.
• Geopolitical developments, commodity price volatility, technological developments, economic downturns, and increased competition.
• Internal process shortcomings, such as undertrained staff or inefficient procedures.
• Non-compliance with relevant regulations.
• Financial risks threatening the Company’s long-term financial wellbeing, while reporting risks involve potential inaccuracies in financial and non-financial disclosures.
• Sustainability risks encompassing the potential negative environmental and social impacts of our operations, such as pollution, resource depletion, and improper waste management.
• Cybersecurity risks encompassing threats that could compromise the confidentiality, integrity, or availability of our data and digital assets.

Mitigation Strategies

• Increased sales, high operating leverage and backward integration across the value chain.
• Dedicated teams focusing on specific markets and products. Different Models for Different Channels (DMDC) Prioritising rural areas expands our distributor network.
• Effective customer engagement trainings and efficient recruitment. Train the workforce for high standards. Investment in continuous improvement such as R&D activities to enhance product quality & product efficiency.
• Strict adherence to all national and international regulations. Implementation of best-in-class governance practices for ethical operations. Policies of the Company are regularly updated based on best industry practices.
• Robust internal controls to safeguard data integrity and process efficiency. Accurate and timely disclosure of financial and non-financial information, complying with all regulations and accounting standards. Prioritizing the timely fulfilment of all financial obligations to mitigate liquidity and credit risks.
• Safe handling and disposal of all operational waste, including e-waste. Responsible water management and elimination of untreated wastewater discharge. Investment in impactful CSR activities that contribute positively to society.
• Well-defined data security governance structure and ISO 27001:2013 certification with ongoing policy reviews. ‘Zero Trust structure’ and Data Loss Protection (DLP) to enhance security. Intrusion Prevention Systems, web filtering, anti-virus software, and daily security awareness training. Leverage SIEM & SOAR solutions for assertive analysis and real-time device monitoring to minimise production disruptions.

Supply Chain Management

Responsible Procurement

• Supplier code of conduct
• Rigorous due diligence assessments
• Prioritizing local suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Heatwaves, floods, and landslides

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, BRSR, MSCI

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 27001:2018, ISO 50001, SA8000, RBA VAP

Sustainable Products & Innovation

• RoHS-friendly products
• Eco-friendly materials

Awards & Recognition

• Great Place to Work (3 years)
• CSR Leadership Award
• POSH Enclave excellence award
• Forbes India Entrepreneur of the Year