Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Labor Practices and Human Rights
• Community Involvement
• Governance and Stakeholder Engagement

Environmental Achievements

• Reduced diesel consumption significantly in the last two years due to conscious decision to generate power from waste jute.
• Reduced CO2 emissions dramatically over the last two financial years.
• Implemented an Energy Monitoring System to continuously log all major electrical parameters.
• Implemented various energy-efficient initiatives (e.g., energy-efficient motors/drives, LED fittings, jute process waste as fuel).
• Installed an effluent treatment plant (Efflocx TM Electrocoagulation system) to recycle wastewater.
• Recycled process waste of jute into briquettes for use as fuel for boiler.
• Use of solar water heaters, solar-powered street lights, and battery-operated trucks.

Social Achievements

• Implemented a unique program with SEVA for sustainable organic jute cultivation, engaging 110 farmers.
• Provided free of cost ferry facilities between Bauria and Budge Budge for employees and their families.
• Organized charitable medical treatment facilities and health care related support to the community.
• Funded a primary school (Fort Gloster Primary School) and a secondary/higher secondary school (Fort Gloster Vidyalaya).
• Constructed Sulabh Sauchalayas (public sanitation facilities) for the local community.
• Contributed towards renovation of a hospital and purchase of medical equipment.

Governance Achievements

• Adopted a Code of Conduct and Ethics to maintain standards of business conduct.
• Implemented an Integrated Management System (IMS) for Quality, Environment, Occupational Health and Safety.
• Received various certifications (e.g., OHSAS 18001, SA 8000, ISO 14001, ISO 9001, GOTS, Oeko-Tex Standard 100).

Climate Goals & Targets

Environmental Challenges

• Coal consumption for steam generation (negative environmental impacts).
• Wastewater generation from jute wet processing.
• Need to reduce indirect energy consumption from grid electricity.

Mitigation Strategies

• Minimized coal use by maximizing use of jute process waste in multi-fuel boiler and purchasing briquettes.
• Installed an effluent treatment plant to recycle wastewater.
• Implemented energy efficiency initiatives to reduce electricity consumption.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3

Certifications: OHSAS 18001:2007, SA 8000:2008, ISO 14001:2004, ISO 9001:2008, GOTS, Oeko-Tex Standard 100, FAIRTRADE and FLO-CERT

Third-party Assurance: Ernst & Young LLP

Sustainable Products & Innovation

• Jute Geo-textiles
• Jute Agro-textiles
• Organic packaging textiles
• Decorative textiles
• Lifestyle textiles

Awards & Recognition

• Award of Honour from Jute Agricultural Research Institute (JARI)
• Clean Development Mechanism recognition from Ministry of Environment and Forest, Government of India

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Performance
• Social Performance
• Corporate Governance

Environmental Achievements

• Reduced diesel consumption in boiler to nil
• Recycled 5234 MT of jute waste (3879 MT own generation, 1355 MT purchased)
• Implemented various energy efficiency initiatives (solar water heaters, solar street lights, battery-operated trucks, LED lighting, biogas generators)

Social Achievements

• Implemented organic jute cultivation program engaging 110 farmers, resulting in increased income for farmers and community development
• Provided charitable medical treatment facilities and healthcare support to the community
• Supported local schools (Fort Gloster Primary School and Fort Gloster Vidyalaya)

Governance Achievements

• Established a robust Integrated Management System (IMS) covering Quality, Environment, Occupational Health and Safety
• Complied with all national and state environmental laws and regulations
• Maintained good labor relations, avoiding strikes and work stoppages

Climate Goals & Targets

Environmental Challenges

• Reducing coal consumption and overall carbon footprint
• Managing water consumption effectively
• Improving energy efficiency

Mitigation Strategies

• Implemented various energy efficiency initiatives
• Installed an effluent treatment plant for water recycling
• Used jute process waste as fuel in boiler to reduce coal usage

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: GRI G4

Certifications: ISO 14001:2004, OHSAS 18001:2007, SA 8000:2008, ISO 9001:2008, Oeko-Tex Standard 100, NPOP/NAB/003

Third-party Assurance: EY

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Jute Geo-textiles
• Jute Agro-textiles
• Organic packaging textiles
• Decorative textiles
• Lifestyle textiles

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Conservation
• Energy Efficiency
• Waste Management
• Social Accountability
• Community Development
• Employee Well-being
• Product Responsibility

Environmental Achievements

• Increased certified organic jute farms area from 27.9 Ha to 89 Ha
• Reduced coal consumption in boilers by increasing the use of jute process waste as fuel
• Implemented various energy efficiency measures resulting in reduced energy intensity
• Recycled jute waste to manufacture non-woven products and used remaining as alternate fuel
• Implemented water conservation initiatives like rainwater harvesting and wastewater recycling

Social Achievements

• Operation and management of Fort Gloster Primary School providing free primary education
• Support for infrastructural development of Fort Gloster Vidyalaya Higher Secondary School
• Provision of free healthcare services and medical supplies to the local community
• Construction of community toilets and other community development initiatives
• Provided free two-way ferry service for employees and their families

Governance Achievements

• Prepared sustainability report in accordance with GRI Standards
• Received various ISO certifications for Quality, Environment, Social Accountability, and Occupational Health and Safety Management Systems
• Appointed EY for external assurance of the report

Climate Goals & Targets

Environmental Challenges

• Climate change risks affecting jute production (water shortage, temperature rise)
• Managing waste generation and disposal
• Maintaining energy efficiency while expanding operations

Mitigation Strategies

• Research and development initiatives to mitigate climate change impacts on jute cultivation
• Implementation of a Zero Waste Policy with recycling and reuse initiatives
• Energy efficiency improvements and increased use of alternate fuels

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Support for organic jute farmers
• Due diligence to prevent child labor and forced labor

Climate-Related Risks & Opportunities

Physical Risks

• Water shortage
• Surface temperature rise

Transition Risks

• Regulatory changes related to emissions

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 9001:2008, ISO 14001:2004, SA 8000:2008, OHSAS 18001:2007, OHS 558016, Oeko-Tex Standard 100, Organic Jute Cultivation ORG/SC/1112/002572A and Processing Certification ORG/SC/1211/001681A

Third-party Assurance: EY

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 6: Clean Water and Sanitation
• Goal 7: Affordable and Clean Energy
• Goal 9: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 13: Climate Action

Various initiatives contribute to these goals through education, healthcare, community development, environmental protection, and sustainable production practices.

Sustainable Products & Innovation

• Organic jute products
• Recycled PET fibre products
• Jute geo-textiles
• Jute-based antimicrobial air dust filters

Awards & Recognition

• Gold Export Award 2017-18

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Performance
• Social Performance
• Corporate Governance

Environmental Achievements

• Complete elimination of coal from operations, considerably reducing greenhouse gas emissions.
• Reduction in coal consumption in production process by replacing coal-fired boilers with jute waste-fired boilers.
• Reduction in usage of other fossil fuels due to modernization and upgradation of machineries.
• Reduction in water footprint through rainwater harvesting, water recycling, and full utilization of treated water from Effluent Treatment Plants (ETPs).
• Increased percentage of organic jute in manufacturing process.

Social Achievements

• Increased participation of jute farmers from 110 in 2013 to 200 from April 2018.
• Conducting CSR activities on hunger eradication, education promotion, community healthcare, and animal welfare aligned with Sustainable Development Goals (SDGs).
• Regular training programs for skill enhancement of employees.
• Maintaining good relationship with employees and union leaders through dialogues and agreed changes.

Governance Achievements

• Publishing sustainability reports for seven years based on GRI Standards Framework.
• Implementation of a risk management policy to safeguard stakeholder interests and maintain sustainable growth.
• Compliance with all applicable national and state environmental laws and regulations.

Climate Goals & Targets

Environmental Challenges

• Climate variability induced risks on jute production (drought, surface temperature rise, flood conditions).
• Proper disposal of hazardous waste generated from production unit.
• Maintaining a sustainable supply chain meeting customer requirements for various certificates.

Mitigation Strategies

• Research and development efforts to minimize climate change impacts on jute cultivation (drought-resistant jute seeds).
• Compliance with applicable laws for handling, treatment, and disposal of industrial waste; handing over hazardous wastes to authorized vendors.
• Providing customers with necessary certificates to maintain a sustainable supply chain.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing of both conventional and organic jute; due diligence on suppliers to ensure no child or forced labor.

Climate-Related Risks & Opportunities

Physical Risks

• Drought, surface temperature rise, flood conditions

Transition Risks

• Not disclosed

Opportunities

• Development of drought-resistant jute seeds; opportunities for expanding business due to increased demand for alternative materials to replace plastic.

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007, SA 8000:2008, Oeko-Tex Standard 100, Organic Jute Cultivation and Processing Certification from NPOP through IMO

Third-party Assurance: Ernst & Young Associate LLP (EY)

UN Sustainable Development Goals

• Goal 1 (No Poverty)
• Goal 2 (Zero Hunger)
• Goal 3 (Good Health and Well-being)
• Goal 4 (Quality Education)
• Goal 5 (Gender Equality)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)

Various initiatives aligned with SDGs; details provided in the report.

Sustainable Products & Innovation

• Organic jute products, agro-textiles, geo-textiles, recycled PET fiber products.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Occupational Health and Safety
• Environmental Management
• Social Accountability
• Community Investment

Environmental Achievements

• Implemented comprehensive Environment Management System (EMS) to enhance environmental performance and make it eco-friendly
• Reduced energy consumption
• Developed products that minimize waste
• ISO 14001:2015 certi/f_ied for both units
• Pioneer in organic jute cultivation and processing in India
• ORG/SC/1112/002572A certi/f_ication from NPOP through IMO
• GOTS certi/f_ied

Social Achievements

• Engaged approximately 5000 individuals across mills
• Regular training on manufacturing techniques, occupational health, cleanliness, and processing of organic jute
• SA 8000:2014 Certi/f_icate from SGS for Ananya Unit
• No child labour
• No discrimination in hiring, remuneration, access to training, promotion, termination, or retirement
• Various CSR projects to improve lives of people in and around operating areas

Governance Achievements

• ISO 45001:2018 for both units
• ISO 9001:2015 for both units
• Practices principles of good corporate governance and lays strong emphasis on transparency, accountability and integrity

Climate Goals & Targets

Environmental Challenges

• Lower incentives on exports
• Restricting Raw Jute Stock
• Dilution of compulsory Jute Packing Order
• Stiff competition from Bangladesh jute goods and synthetic packaging materials
• Withdrawal of Anti Dumping duties on import of jute goods from Bangladesh
• Unstable global economic outlook due to Russia-Ukraine war and economic slow down
• Ever increasing employee cost

Mitigation Strategies

• Exploring newer export markets
• Improving efficiency and productivity
• Continuous product and process innovation, sustainable resource optimization and exceptional customer delivery

Supply Chain Management

Responsible Procurement

• Sustainable raw material sourcing
• Organic jute cultivation
• Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

• Increase in temperature
• Erratic rain trends
• Water pollution

Transition Risks

• Enhanced regulatory stringency
• Fuel supply/demand imbalance

Opportunities

• Rising concerns for reducing carbon footprints
• Development of water free retting process

Reporting Standards

Frameworks Used: GRI, UN SDGs, IIRC

Certifications: ISO 14001:2015, ISO 45001:2018, SA 8000:2014, ISO 9001:2015, Oeko-Tex Standard 100, GOTS

Third-party Assurance: Ernst & Young Associates LLP

Sustainable Products & Innovation

• Eco-friendly jute bags
• Organic jute products