DCW Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-24)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:734,632 tCO2e (Scope 1 & 2)
Scope 1 Emissions:734,632 tCO2e
Scope 2 Emissions:32,011 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:6,93,68,92,269 MJ
Water Consumption:42,47,377 kilolitres
Waste Generated:88,429.77 metric tonnes
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Implemented Zero Liquid Discharge at Tamil Nadu plant
- Installed 5 windmills at Jamnagar (1.15 MW capacity) and 25 windmills in Rajasthan (20 MW capacity)
Social Achievements
- Grievance redressal committee for employees and workers
- POSH committee to address sexual harassment issues
Governance Achievements
- Board of Directors responsible for decision-making on sustainability issues
- Anti-corruption policy in place
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Regulatory risks
- Raw material/price risks
- Forex risks
- Quality risks
Mitigation Strategies
- Compliance with Safety, Health & Environment (SH&E) norms
- Long-term contracts with suppliers
- Currency hedge contracts
- Rigorous quality control
Supply Chain Management
Supplier Audits: 29% of domestic procurement from ISO registered vendors (Tamil Nadu plant only)
Responsible Procurement
- Sustainable sourcing policy; procurement from ISO registered vendors
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SEBI BRSR, NGRBC
Certifications: ISO 9001, ISO 14001, ISO 24000, ISO 45001
Third-party Assurance: M/s. Atmiya Institute of Technology & Science, M/s. Enviro Solutions & Labs (for FY 21-22)
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:11,10,624 Metric Tonnes of CO2 equivalent (Scope 1 & 2)
Scope 1 Emissions:11,10,624 Metric Tonnes of CO2 equivalent
Scope 2 Emissions:47,760 Metric Tonnes of CO2 equivalent
Total Energy Consumption:62,55,317,095.3 GJ
Water Consumption:27,95,814.34 kilolitres
Waste Generated:68,019.93 metric tonnes
ESG Focus Areas
- Sustainability
- Renewable Energy
- Environmental Stewardship
- Corporate Social Responsibility (CSR)
- Community Development
- Healthcare
- Sanitation
- Education
- Livelihood Enhancement
- Environmental Sustainability
- Digital Transformation
Environmental Achievements
- Investment in renewable energy projects to significantly reduce energy costs
- Striving for chlorine neutrality
- Implementation of various initiatives at manufacturing sites to recover, recycle, preserve, and minimize water consumption
- Installation of Solar Evaporation unit for Effluent treatment plant
- HDPE lining on the stormwater reservoir and sediment pond
- Installation of online parameter monitoring system and connectivity of SPCB and CPCB
Social Achievements
- Healthcare initiatives addressing critical needs in underserved areas (providing medical equipment, organizing health camps)
- Construction of toilets in rural villages
- Educational aid to underprivileged children
- Livelihood enhancement projects to create employment opportunities
- Crucial support provided during severe flooding (draining floodwaters, assisting farmers, offering financial aid, supplying groceries)
- Implementation of various energy conservation projects towards achieving the targets given under the PAT VII cycle
Governance Achievements
- Improved financial health through debt refinancing
- Enhanced financial reporting and transparency
- Robust risk management framework
- Adherence to global standards of financial reporting
- Implementation of robust internal control systems
- Upholding core values of integrity, transparency, and ethical business practices
- Implementation of a Whistle Blower Policy
Climate Goals & Targets
Environmental Challenges
- Sluggish demand for Caustic Soda and sale of Synthetic Rutile
- Lower realization in Caustic Soda and Synthetic Rutile sales
- Lower realization and lower dispatches of Soda Ash due to dumping from South East Asia
- Lower realization in CPVC despite higher volumes
- India’s trade deficit
- Petchem feedstock deficiency
- Shortage of skilled R&D talent
- Regulatory Risk
- Raw Material Risk
- Forex Risk
- Customer Retention Risk
- Quality Risk
Mitigation Strategies
- Long-term agreements with suppliers for raw materials
- Significant investments in backward integration to lessen reliance on outside raw materials
- Currency hedge contracts with multiple maturities to hedge forex exposure
- Committed quality control team
- ISO certifications (9001, 14001, 28000, 45001, 50001)
Supply Chain Management
Responsible Procurement
- Sustainable sourcing policy (procurement from ISO-registered vendors)