Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Growth
• Environment-Friendliness
• Social Equity

Environmental Achievements

• Clean Energy of 12 MW capacity generated by JKM Wind Farm at Coimbatore
• Adherence to Zero Liquid Discharge principal ensures conservation and reuse of waste water and coolant
• Captive use of energy generated of our wind farm ensures, use of clean energy and better efficiency

Social Achievements

• Skill development training for the Industrial Training Institute (ITI), Devanahalli, Bengaluru
• Supports ‘Shirish Saraf’ Scholarship for meritorious students
• Donated ‘Fumigation Machine’ to Government High School, Pottery Town, Bangalore
• Women Empowerment and Advisory Committee formed

Governance Achievements

• Code of Business Conduct for employees across the Dynamatic Group and Code of Conduct for Board Members & Senior Management Personnel formulated
• Compliance with corporate governance requirements

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Economic Growth
• Environment-Friendliness
• Social Equity

Environmental Achievements

• Clean Energy of 12 MW capacity generated by JKM Wind Farm at Coimbatore
• Treatment of wastage water and using it for gardening
• Rainwater harvesting
• All business processes are designed to ensure that no wastage is transmitted to our environment
• Energy consumption in each plant is monitored, optimized and minimized

Social Achievements

• Not allowing any form of discrimination in employment or promotion
• Imparting training and development programs to facilitate multi-tasking and multi-skilling
• Practicing safety norms and help protection
• Elevation of workers into management cadre
• Promote the usage of six sigma practices amongst all employees
• Open dialogue with employees, customers, government agencies, trade associations and with communities
• Undertake disaster relief programs
• Interactive sessions with local community
• Increase employment of Women
• Increase employment of individuals coming from disadvantaged communities
• Visits for employees to Air Force Training establishments
• Certificate “Going the Extra Mile”(GEM) awarded to employees

Governance Achievements

• Code of Business Conduct for employees across the Dynamatic Group and Code of Conduct for Board Members & Senior Management Personnel formulated
• Compliance with corporate governance requirements

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best Supplier Award by HAL
• Best Supplier Award by Swaraj
• Four Star Supplier Rating by Hyundai

Environmental Metrics

ESG Focus Areas

• Economic Growth
• Environment-Friendliness
• Social Equity

Environmental Achievements

• Clean Energy of 12 MW capacity generated by JKM Wind Farm at Coimbatore
• Treatment of wastage water and using it for gardening
• Rainwater harvesting
• All business processes are designed to ensure that no wastage is transmitted to our environment
• Energy consumption in each plant is monitored, optimized and minimized

Social Achievements

• Skill development program with local ITI, including a new building for the Skill Development Centre
• No discrimination in employment or promotion
• Training and development programs to facilitate multi-tasking and multi-skilling
• Safety awards won
• Elevation of workers into management cadre
• Open dialogue with employees, customers, government agencies, trade associations and communities
• Disaster relief programs
• Interactive sessions with local community
• Increased employment of Women
• Increased employment of individuals coming from disadvantaged communities

Governance Achievements

• ISO 27001:2013 certification obtained for Dynamatic-Oldland Aerospace TM, Peenya Division for Information and Data Security
• Code of Business Conduct for employees and Code of Conduct for Board Members & Senior Management Personnel formulated
• Compliance with corporate governance requirements

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Economic Growth
• Environment-Friendliness
• Social Equity
• Corporate Governance

Environmental Achievements

• Clean Energy of 12 MW capacity generated by JKM Wind Farm at Coimbatore
• Treatment of wastage water and using it for gardening
• Rainwater harvesting
• All business processes are designed to ensure that no wastage is transmitted to our environment
• Energy consumption in each plant is monitored, optimized and minimized

Social Achievements

• Not allowing any form of discrimination in employment or promotion
• Imparting training and development programs to facilitate multi-tasking and multi-skilling
• Practicing safety norms and help protection
• Elevation of workers into management cadre
• Promote the usage of six sigma practices amongst all employees
• Practice open dialogue with employees, customers, government agencies, trade associations and with communities all around our facilities
• Undertake disaster relief programs in times of need (earthquake, floods, Tsunami, etc.)
• Interactive sessions with local community
• Increase employment of Women
• Increase employment of individuals coming from disadvantaged communities
• A training curriculum has been developed and established for in-house training purpose and the same curriculum is now being used for training the students at our adopted ITI.

Governance Achievements

• Code of Business Conduct for employees across the Dynamatic Group and Code of Conduct for Board Members & Senior Management Personnel have been formulated.
• The Board of Directors exercises its fiduciary responsibilities in the widest sense of the term.
• Our disclosures always seek to attain the best practices in corporate governance.
• We also endeavour to enhance long-term shareholder value and respect minority rights in all our business decisions.
• Over the years, our Board has strived to achieve compliance with the corporate governance requirements, both mandatory as well as voluntary, to help fulfil our responsibility towards the stakeholders.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Special Commendation Award by the Institute of Directors

Environmental Metrics

ESG Focus Areas

• Economic Growth
• Environment-Friendliness
• Social Equity

Environmental Achievements

• Clean Energy of 12 MW capacity generated by JKM Wind Farm at Coimbatore - a step towards achievement of zero carbon footprint.
• Treatment of wastage water and using it for gardening as a process of water conservation.
• Rainwater harvesting.

Social Achievements

• Imparting training and development programs to facilitate multi-tasking and multi-skilling.
• Practicing safety norms and help protection. Standing as a model by winning safety awards.
• Elevation of workers into management cadre.
• Undertake disaster relief programs in times of need (earthquake, floods, Tsunami, etc.).
• A training curriculum has been developed and established for in-house training purpose and the same curriculum is now being used for training the students at our adopted ITI.

Governance Achievements

• Code of Business Conduct for employees across the Dynamatic Group and Code of Conduct for Board Members & Senior Management Personnel have been formulated.
• The Board of Directors exercises its fiduciary responsibilities in the widest sense of the term.
• Over the years, our Board has strived to achieve compliance with the corporate governance requirements, both mandatory as well as voluntary, to help fulfil our responsibility towards the stakeholders.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Special Commendation Award by the Institute of Directors

Environmental Metrics

ESG Focus Areas

• Education
• Environmental Sustainability
• Healthcare and Sanitation

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Reduced carbon footprint through green energy initiatives (solar power)
• Implemented rainwater harvesting and wastewater treatment at all plants
• Built new factory at Devanahalli with thermal roofing and walls for energy conservation

Social Achievements

• Launched vaccination drives for employees and their families
• Established in-house NABL certified Biosecurity laboratory for RT-PCR tests
• Extended Biosecurity lab services to stakeholders
• Partnered with AASSC for RPL PMKVY 3.0-RPL-BICE, certifying 344 employees

Governance Achievements

• Adopted a Dividend Distribution Policy
• Revised Risk Management Policy and Terms of Reference of the Risk Management Committee
• Implemented SAP S/4HANA for Indian operations

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions
• Increasing inflationary pressure on commodity prices
• Geopolitical tensions
• Covid-19 pandemic impact on travel and operations
• Raw material shortages
• Manpower shortages
• 400% rise in power costs at Eisenwerk Erla GmbH due to the war in Ukraine
• Massive disruption in raw material availability at Eisenwerk Erla GmbH

Mitigation Strategies

• Undertook various cost control measures
• Alternative raw material sourcing
• Renegotiation of vendor contracts
• Proactive Covid-19 control measures (PPEs, social distancing, testing, vaccination)
• Debt dollarisation to reduce finance costs
• Restructuring and reorganizing the Erla facility to produce aerospace metallurgical products
• Leveraging opportunities from increased Aerospace & Defence demand due to Western capacity constraints

Supply Chain Management

Responsible Procurement

• DTL Supplier Code of Conduct

Climate-Related Risks & Opportunities

Opportunities

• Carbon reduction initiatives

Awards & Recognition

• Airbus Global Sustainability Award 2021
• Boeing spotlight for resilience
• Various QCFI and CII awards

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental Protection
• Health & Safety
• Human Rights
• Employee Well-being
• Responsible Business Conduct

Environmental Achievements

• Reduced carbon footprint through green energy initiatives (solar power)
• Rainwater harvesting and wastewater treatment implemented at all plants
• New factory at Devanahalli designed with thermal roofing and walls for energy conservation
• Achieved ISO 14001 certification

Social Achievements

• Launched Aerospace Skill Development Centre (ASDC) training rural youth
• Provided PPE to frontline workers
• Established NABL-certified Biosecurity laboratory
• Maintained zero man-days lost due to labor unrest
• Implemented SAP software for digital HR processes
• Conducted various employee well-being initiatives (training, wellness camp, etc.)
• Celebrated Women's Day and recognized women achievers

Governance Achievements

• Robust compliance and integrity program in place
• Whistleblower policy implemented
• Internal Complaints Committee (ICC) established
• Regular reviews of policies and procedures
• Adherence to Corporate Governance standards

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions
• Inflationary pressure on commodity prices
• Geopolitical uncertainties
• Adverse demand scenario in metallurgy
• Shortage of semiconductors
• Power disruptions and material price hikes in Europe
• Cyber risks

Mitigation Strategies

• Better product mix and inventory management
• Price increases for certain products
• Corporate restructuring measures (Protective Shield process) in Germany
• Strong hedging process and policy for foreign currency fluctuations
• Focus on high-margin product mix and customer diversification
• Robust Risk Management processes
• Continuous improvement programs

Supply Chain Management

Responsible Procurement

• DTL Supplier Code of Conduct
• Sustainable sourcing
• Strict confirmation of labor principles and related laws
• Safety evaluation and qualification

Climate-Related Risks & Opportunities

Opportunities

• Carbon reduction
• Energy efficiency
• Renewable energy usage

Reporting Standards

Frameworks Used: GRI, UNGC, ILO principles, United Nations SDGs

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO/IEC 27001, AS9100, NADCAP

Awards & Recognition

• Airbus Global Sustainability Award
• Boeing Resilient Supplier Award
• Golden Peacock National Training Award

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Reduced energy consumption by 1,13,454 KWH, saving INR 9,07,632 in energy costs.
• Implemented rainwater harvesting, absorbing over a million liters of rainwater.
• Avoided single-use plastics, making factories 'No Plastic Zones'.
• Implemented wastewater treatment to minimize water consumption and wastage.
• Partnered for rooftop solar power to reduce carbon footprint.

Social Achievements

• Launched Aerospace Skill Development Centre (ASDC), achieving 100% placement of graduates.
• Implemented SAP HR modules to streamline employee processes and digitize payroll.
• Provided comprehensive health insurance and mental wellness programs for employees.
• Extended financial assistance to Dr. Sandhya Health Foundation and Prerana Resource Centre.
• Provided PPE to police department frontline workers.

Governance Achievements

• Maintained compliance with all applicable provisions of Corporate Governance.
• Implemented a Vigil Mechanism Policy for reporting unethical behavior.
• Conducted annual performance evaluations of the Board, committees, and individual directors.
• Implemented robust internal control systems.
• Completed corporate restructuring measures at Eisenwerk Erla GmbH.

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions and inflationary pressures.
• Subdued performance of Hydraulics segment due to unfavorable monsoon conditions and product design modifications.
• Demand shortage in Metallurgy segment due to weak German automotive industry.
• Rising energy and material costs in Germany.

Mitigation Strategies

• Better product mix and inventory management.
• Successful completion of design modifications in Hydraulics segment.
• Corporate restructuring at Eisenwerk Erla GmbH to minimize impact of lower demand.
• Focus on high-margin product mix and transition to aerospace and defense business in Metallurgy segment.
• Protective shield process by self-administration at Eisenwerk Erla GmbH.

Supply Chain Management

Responsible Procurement

• DTL Supplier Code of Conduct
• Supplier sustainability requirements
• Strict confirmation of labor principles and related laws
• Safety evaluation and qualification
• VAVE involvement with suppliers

Climate-Related Risks & Opportunities

Opportunities

• Energy efficiency
• Fuel switching
• Combined heat and power
• Renewable energy
• Efficient use and recycling of materials

Reporting Standards

Frameworks Used: GRI, UNGC, ILO principles, United Nations SDGs

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001, AS9100, NADCAP

Awards & Recognition

• Boeing Defence & Space Outstanding Supplier of the Year 2023
• Airbus Group Global Sustainability Award (FY2023)
• Various awards from Quality Circle Forum of India