Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Environmental Sustainability
• Resource Optimization
• Energy Efficiency
• Climate Protection
• Water Conservation
• Waste Management
• Biodiversity Management
• Human Capital
• Community Development
• Corporate Governance

Environmental Achievements

• Reduced GHG emissions by 65,233 tonnes CO2 equivalent through waste gas electricity generation.
• Recycled 346,693 m3 of water (21% of water consumption).
• Increased use of recycled and alternate raw materials in Grey Cement manufacturing.

Social Achievements

• Achieved zero fatalities across all locations.
• Spent INR 3.23 Crores on CSR initiatives (education, healthcare, community welfare).
• Conducted extensive employee training programs (average 8-17 hours per employee).

Governance Achievements

• Implemented robust policies and systems for ethical business conduct.
• Established a Whistle Blower Policy.
• Complied with all national and international regulations.

Climate Goals & Targets

Environmental Challenges

• Reduced demand from housing sector.
• Slowdown in construction activities.
• Regulatory delays in infrastructure projects.
• High interest rates.
• Higher operating costs of raw materials, energy, and freight.
• Highly competitive cement sector.
• Volatility of fuel prices.
• GHG emissions from cement production.
• Risks associated with mining operations.
• Negative impact on local community (air emissions, noise pollution).
• Water scarcity in plant locations.

Mitigation Strategies

• Focusing on alternate raw materials and alternate fuels.
• Expanding company footprint to cater to increased demand.
• Strengthening brand positioning and distribution network.
• Implementing Project Nirmaan (technology excellence, cost reduction, efficiency improvement).
• Using low emission alternatives to fossil fuels.
• Decreasing clinker factor.
• Promoting clean energy.
• Increasing energy efficiency.
• Rainwater harvesting, water reuse, efficient freshwater use.
• Waste heat recovery power generation.
• Investing in limestone mines strategically located near plants.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Preferential sourcing from local Indian suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Core

Certifications: ISO 9001, ISO 14001, OHSAS 18001, SA 8000, ISO 50001

Third-party Assurance: Ernst & Young LLP (limited assurance)

Sustainable Products & Innovation

• Eco-efficient blended cements
• JK Super Cement
• Primaxx

Awards & Recognition

• Lifetime Achievement Award (Yadupati Singhania)
• Best Enterprise Award
• India's 2nd Fastest Growing Cement Company Award
• Best Employer Award
• Outstanding Performance in CSR Excellence Trophy
• Pioneer in Rain Water Harvesting Certificate
• Energy & Environment Foundation Global Green Building Award

Environmental Metrics

ESG Focus Areas

• Energy Conservation
• Technology Absorption
• CSR

Environmental Achievements

• Reduced power consumption by 330 lacs kwh, equivalent to 3148 MTOE through various energy conservation measures.
• Reduced fossil energy consumption by 7621 lacs KWH equivalent to 66025 MTOE through new technology absorption (Solar power plant & AFR systems).

Social Achievements

• Assists in running schools at cement plants, ITIs, and Sir Padampat Singhania University, Udaipur.
• Played a constructive role in the infrastructural development of surrounding areas.
• Undertook various CSR activities e.g. Art, Culture, Community Welfare, Drinking Water, Sanitation, Education, Health, Rural Development, Eradicating Hunger/Poverty.

Governance Achievements

• Complied with Secretarial Standards issued by The Institute of Company Secretaries of India.
• Complied with the applicable provisions of SEBI (LODR) Regulations 2015 for listing of Company’s shares.

Climate Goals & Targets

Environmental Challenges

• Substantial increase in input costs impacted profitability.

Mitigation Strategies

• Various energy conservation and technology absorption measures to reduce costs.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Efficiency
• Green Energy
• Circular Economy
• Water Conservation
• Biodiversity
• Sustainable Mining
• Employee Well-being
• Diversity and Inclusion
• Digital Transformation
• Information Security

Environmental Achievements

• Reduced GHG Emissions by 16.9% to 565 kgCO2/t cementitious (Scope-1&2) from a base level of 680 kgCO2/t cementitious material.
• Increased green power consumption from 19% in FY2020 to 44% in FY2023.
• Boosted TSR (Total Substitution Rate) from 6% in FY2020 to 13.95% in FY2023.
• Increased water positivity from 3.2 times in FY2020 to 4.5 times in FY2023.
• Planted around 13.5 lakh trees till FY2023 and maintaining 39% greenery at operational sites.

Social Achievements

• Recognized as a “Great Place to Work” for the 4th year in a row.
• Sustained 113 women employees across various functions, accounting for 3.5% of the total workforce.
• Launched the first Digital Orientation program, ‘JUMPSTART’.
• Implemented initiatives to identify Employee Value Proposition (EVP).

Governance Achievements

• Implemented robust systems to understand and proactively address employee feedback.
• Strengthened internal control systems and risk management framework.
• Replaced legacy antivirus solution with latest Endpoint Detection and Response solution (EDR), and XDR for Servers and Network.
• Implemented AI based Email Security, Web application protection, and secure IT and OT integration.

Climate Goals & Targets

Environmental Challenges

• Industry margins impacted by increased power & fuel costs in the first half of fiscal 2023.
• High cost pressures due to geopolitical tensions.

Mitigation Strategies

• Cement prices rose by 3-4% on-year in fiscal 2023 to cushion profitability.
• Continuous efforts to improve energy efficiency, transition to green energy, and implement circular economy practices.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi

Awards & Recognition

• Great Place to Work (4 years in a row)

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Health & Safety
• Human Rights
• Bribery & Corruption
• Sustainable Procurement

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Established a formal ESG policy extending to suppliers and a supplier code of conduct.

Climate Goals & Targets

Environmental Challenges

• Human Rights risks
• Health & Safety risks
• Bribery & Corruption risks

Mitigation Strategies

• Commitment to fair employment practices, equality of opportunity and equal treatment.
• Emphasis on health, safety, and security in the workplace.
• Zero-tolerance approach towards bribery and corruption, complying with anti-bribery and corruption legislations.

Supply Chain Management

Supplier Audits: Periodic assessments of suppliers

Responsible Procurement

• Supplier Code of Conduct
• Supplier selection and qualification system
• Supplier segmentation
• Supplier performance evaluation and grievances addressal

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001 (mentioned as an encouraged certification for suppliers), ISO 50001 (mentioned as an encouraged certification for suppliers)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed