Climate Change Data

Shankara Building Products Limited

Climate Impact & Sustainability Data (2020-2021, 2022, 2024)

Reporting Period: 2020-2021

Environmental Metrics

ESG Focus Areas

  • Ethics, Transparency and Accountability
  • Safe and Sustainable Goods and Services
  • Employee Well-being
  • Stakeholder Engagement
  • Human Rights
  • Environmental Protection
  • Inclusive Growth and Equitable Development
  • Customer Value

Environmental Achievements

  • Invested in power consumption optimization and promoted renewable energy products (solar pumps, solar water heaters)
  • Encouraged customers to use steel tubes and roofing sheets instead of wood and clay tiles (environmental and soil conservation)
  • Sold products like drip irrigation and greenhouse structures (water conservation and farm productivity improvement)
  • Promoted rainwater harvesting

Social Achievements

  • CSR spending of ₹ 109.76 Lakhs
  • Adopted a school in Bengaluru
  • Water conservation project (Jala Nela) improving livelihoods of small and marginal farmers
  • Ongoing training programs for retail store employees

Governance Achievements

  • Established a Code of Conduct, Whistleblower Policy, and Policy for Determining Materiality of Events and Information
  • BR performance assessed periodically by management

Climate Goals & Targets

Environmental Challenges

  • Limited direct contribution to global environmental issues due to the nature of the business (trading and retailing)
Mitigation Strategies
  • Controlling fuel consumption, encouraging renewable energy use, tree plantation, water recycling
  • Sustainable sourcing practices
  • Hub and Spoke vehicle fleet mechanism for efficient delivery

Supply Chain Management

Responsible Procurement
  • Discouraging forced and child labor

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)

Sustainable Products & Innovation

  • Solar pumps
  • Solar water heaters
  • Steel tubes and roofing sheets
  • Drip irrigation
  • Greenhouse structures
  • Rainwater harvesting systems

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Integrity, Ethics, Transparency, and Accountability
  • Sustainable and Safe Goods and Services
  • Employee Well-being
  • Stakeholder Interests
  • Human Rights
  • Environmental Protection
  • Public Policy Influence
  • Inclusive Growth
  • Responsible Consumer Engagement

Social Achievements

  • Well-being initiatives undertaken for employees and workers.

Governance Achievements

  • 100% of Board of Directors and Key Managerial Personnel covered by Code of Conduct training.

Climate Goals & Targets

Environmental Challenges

  • Human Rights risks in operations and supply chain.
  • Reputational risks from ethical lapses.
  • Managing employee well-being.
Mitigation Strategies
  • Code of Conduct in place to evaluate risks.
  • Shankara Code of Conduct provides a framework for ethical behavior.
  • Well-being initiatives implemented.

Supply Chain Management

Responsible Procurement
  • Company Code of Conduct emphasizes integrity aspects applicable to all suppliers.

Climate-Related Risks & Opportunities

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:14,28,000 Units (2024); 12,05,000 Units (2023)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed energy-efficient LED lighting, replacing CFL lights.
  • Monitoring energy consumption trends to identify energy-saving opportunities.

Social Achievements

  • Various employee-friendly initiatives for employee well-being (health awareness sessions).

Governance Achievements

  • Implementation of Code of Conduct covering anti-corruption and anti-bribery.
  • Adoption of Whistleblower Policy and Vigil Mechanism.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Intention to source environment-friendly, recycled, energy-efficient, and locally sourced products and services.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed