Climate Change Data

S.J.S. ENTERPRISES LIMITED

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-03-27 to 2024-03-28, 2023-24)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:2,267,298 Metric tonnes of CO2 equivalent
Scope 1 Emissions:26,912.56 Metric tonnes of CO2 equivalent
Scope 2 Emissions:2,240,385 Metric tonnes of CO2 equivalent
Renewable Energy Share:20-30%
Total Energy Consumption:23,068.35 MJ
Water Consumption:41,518.858 kilolitres
Waste Generated:658.8625 metric tonnes
Carbon Intensity:0.00071 Metric tonnes of CO2 equivalent per rupee of turnover in FY2022-23

ESG Focus Areas

  • Energy Management
  • Water & Waste Management
  • Waste & Hazardous Materials Management
  • Product Quality & Safety
  • Employee Health & Safety
  • Business Model Resilience
  • Supply Chain Management
  • Material Sourcing & Efficiency
  • Advancements in technology

Environmental Achievements

  • Reduced carbon emissions by approximately 44.31% compared to the previous financial year.
  • Reduced diesel consumption by 89%.
  • Procured approximately 20-30% of electricity from renewable solar energy sources.
  • Implemented a Zero Liquid Discharge (ZLD) mechanism.

Social Achievements

  • Achieved the "Great Workplace" title by the Great Place to Work Institute® for the third consecutive time.
  • 100% of permanent employees and workers covered by health insurance.

Governance Achievements

  • Established an Anti-Bribery and Anti-Corruption Policy.
  • Risk Management Committee responsible for decision-making on sustainability issues.

Climate Goals & Targets

Medium-term Goals:
  • Further enhance power procurement from renewable sources.
Short-term Goals:
  • Double the reduction of carbon emissions compared to FY2021-22.
  • Reduce diesel consumption by a minimum of 75% compared to FY2021-22.

Environmental Challenges

  • Significant energy costs and potential energy supply disruptions.
  • High water consumption and wastewater management.
  • Waste and hazardous materials management.
  • Supply chain management risks.
  • Material sourcing and efficiency.
  • Technological advancements and associated risks and opportunities.
Mitigation Strategies
  • Installation of solar panels, procurement of wind power, and reduction of electricity consumption.
  • Water conservation measures, wastewater treatment, and sludge management.
  • Waste collection agents, hazardous waste disposal plan, and waste categorization.
  • Diversified supplier base, contingency plan, and supplier visits.
  • Sustainable procurement policy, material selection, and protective coatings.
  • Investment in employee training, new capabilities (IME solutions), and cybersecurity measures.

Supply Chain Management

Responsible Procurement
  • Sustainable Procurement policy, including Green Inspired section.
  • Supplier Code of Conduct.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI Guidelines for Business Responsibility and Sustainability Reporting (BRSR)

Certifications: ISO-9001, ISO-14001, ISO-45001, IATF 16949

Third-party Assurance: J. Sundharesan & Associates (limited assurance on certain sustainability indicators)

Awards & Recognition

  • Great Workplace (Great Place to Work Institute®)

Reporting Period: 2023-03-27 to 2024-03-28

Environmental Metrics

ESG Focus Areas

  • Environmental

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Ethical Sourcing Standards

Climate-Related Risks & Opportunities

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:700.3842 Metric tonnes of CO2 equivalent (2023-24)
Scope 1 Emissions:46,032 Metric tonnes of CO2 equivalent (2023-24)
Scope 2 Emissions:6,35,281 Metric tonnes of CO2 equivalent (2023-24)
Renewable Energy Share:89.98% (2023-24)
Total Energy Consumption:32067.06 GJ (2023-24)
Water Consumption:52,321.346 kilolitres (2023-24)
Waste Generated:700.3842 metric tonnes (2023-24)

ESG Focus Areas

  • Energy Management
  • Water & Waste Management
  • Waste & Hazardous Materials Management
  • Product Quality & Safety
  • Employee Health & Safety
  • Business Model Resilience
  • Supply Chain Management
  • Material Sourcing & Efficiency
  • Advancements in technology

Environmental Achievements

  • Reduced Scope 2 emissions by approximately 71.66% compared to the previous financial year 2022-23
  • Overall reduction in Carbon emissions is 69.95% compared to the previous financial year 2022-23
  • Renewable energy consumption increased by 60.07%
  • Electricity consumption through BESCOM reduced 71.64%
  • Total energy consumption from renewables soared to an impressive 89.98%

Social Achievements

  • Achieved the prestigious title of “Great Workplace” by the Great Place to Work Institute®, India for the fifth time in a row
  • Launched a new department, called the Pink Line, which will be entirely managed by women by the financial year 2028-29

Governance Achievements

  • Aligned Companies Sustainability goals with Global Sustainable Rating Platforms

Climate Goals & Targets

Medium-term Goals:
  • Eliminate conventional plastics from our operations by integrating 30% bioplastics by the financial year 2028-29
  • Increase the representation of differently abled employees by 1% by the financial year 2025-26
  • Bolster gender diversity by launching a new department, called the Pink Line, which will be entirely managed by women by the financial year 2028-29
Short-term Goals:
  • Reduce carbon emissions by the financial year 2023-24 through complete energy offsetting
  • Increase the consumption of renewable energy by 50% in our operations by 2023-24
  • Reduce 80% electricity usage through doubling of our solar panel capacity coupled with third-party power by the financial year 2023-24
  • Obtain ISO 50001 by the financial year 2024-25

Environmental Challenges

  • Energy Management risks due to interruptions in energy supply
  • Water & Waste Management risks due to water scarcity and wastewater management
  • Waste & Hazardous Materials Management risks due to improper handling of hazardous materials
  • Employee Health & Safety risks due to the utilisation of heavy machinery, chemicals, and other hazardous materials
  • Business Model Resilience risks due to market volatility and technological advancements
  • Supply Chain Management risks due to potential disruptions or failures within the supply chain network
  • Material Sourcing & Efficiency risks due to fluctuations in material prices and scarcity
  • Advancements in technology risks due to substantial initial investments and implementation disruptions
Mitigation Strategies
  • Installation of solar panels, procurement of wind and solar power, and reducing electricity consumption from conventional sources
  • Installation of water-efficient fixtures, training on water management techniques, establishment of efficient wastewater treatment processes, installation of Reverse Osmosis (RO) water plants, implementation of a zero liquid discharge mechanism
  • Comprehensive waste management plan, engagement of waste collection agents, proper identification and storage practices for hazardous waste, categorisation of waste into three distinct levels of risk
  • Implementation of an effective employee health and safety management system, implementation of engineering controls, provision of appropriate PPE, monitoring of safety-related incidents
  • Expansion of product range to include state-of-the-art offerings, establishment of a dedicated team focused on new product development
  • Maintaining a diversified supplier base, development of a comprehensive contingency plan, monitoring and verification of supplier operations
  • Strategic utilisation of sustainable materials
  • Enhancing capabilities to introduce in-mould electronics (IME) solutions, acquisition of Walter Pack India (WPI)

Supply Chain Management

Supplier Audits: 35% (by value of business done with such partners)

Responsible Procurement
  • Rigorous procedures for selecting, assessing, and monitoring suppliers
  • Sustainable Procurement policy (Green Inspired section)
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SEBI Guidelines for Business Responsibility and Sustainability Reporting (BRSR)

Certifications: ISO 9001, ISO 14001/IATF 16949, ISO 45001, LEED Gold

Third-party Assurance: J. Sundharesan and Associates

Sustainable Products & Innovation

  • IML/IMD parts
  • 3D appliques
  • Lens mask assemblies
  • Aluminium badges

Awards & Recognition

  • Great Workplace