Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Good Governance
• People Culture
• Safety

Environmental Achievements

• Stabilisation & waste residue, using an automated treatment plant and disposal as per hazardous waste rules
• Built an effluent wastewater treatment facility with tertiary treatment including reverse osmosis
• Zero discharge of water

Social Achievements

• Promoting education
• Imparted health education through programmes and initiatives and created awareness among employees about the pandemic
• Organised frequent medical checkups for all employees and contract workers
• Supporting healthcare, including preventive healthcare
• Contributing for rural development and infrastructure
• Spent CSR obligation to construct old-age homes to provide housing to the elderly along with provision for meals, recreational activities and appropriate healthcare facilities

Governance Achievements

• Sustaining an ‘enduring edge’ requires a deeply ingrained corporate culture that places a premium on good governance, compliance, integrity and collaborative approach
• The Board and the leadership at Vishnu Chemicals conducts itself with integrity and honesty, setting the tone for an ethical organisational culture
• Achieved historic milestone of ₹1,000 Crores in sales

Climate Goals & Targets

Environmental Challenges

• Global raw material price volatility
• Raw material shortages
• Slowdown in India's economy
• Threat of Competition
• Chemical accidents

Mitigation Strategies

• Keeps enough inventory on hand to avoid being affected by raw material shortages
• Maintains sufficient safety stock of strategic raw materials and completed commodities
• Risk assessment and development of new strategies when market conditions change
• Always on the lookout for new opportunities in the chemical business and responds by adding new products to its portfolio
• Complies with all environmental rules and regulations
• Individual facilities have robust safety procedures and practices in place

Supply Chain Management

Responsible Procurement

• Prioritise procurement of goods and services from local suppliers who meet the standards we require
• Support local businesses and develop their process knowledge

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Conservation
• Energy Management
• Community
• People

Environmental Achievements

• Installation of solar power plant at barium unit to reduce conventional energy use.
• State-of-the-art wastewater treatment facility with tertiary treatment, including reverse osmosis, for water reuse.
• CO2 Gas recovery plant established at Vizag location in 2021-22.

Social Achievements

• Construction of an old age home.
• Various health initiatives to benefit underprivileged members of society.
• Comprehensive training programs for employees.

Governance Achievements

• Strong corporate governance practices.
• Vigil mechanism to deal with instances of fraud and mismanagement.
• Regular review of business responsibility performance by the Board of Directors and senior leadership team.

Climate Goals & Targets

Environmental Challenges

• Chemical accidents posing a threat to the environment, health and safety.
• Intense competition in the chemical industry.
• Global price volatility for raw materials and supply chain disruptions.
• Deceleration in the Indian economy potentially impacting revenue and profitability.

Mitigation Strategies

• Robust safety procedures and practices in place at individual facilities.
• Continuous exploration of the chemical industry landscape and proactive measures to seize opportunities.
• Maintaining adequate inventory of essential raw materials.
• Diversification of products and markets (domestic and international).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Business Responsibility and Sustainability Report (BRSR)

Certifications: ISO 9001, Authorised Economic Operator for Imports & Exports, Two star Export house of India

Awards & Recognition

• Company of the Year award at the Dare to Dream Awards, 2022

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Successfully commissioned a 4.3 MW solar power plant at the Barium unit.
• Implemented an advanced wastewater treatment facility with tertiary treatment, including reverse osmosis.
• Repurposing waste materials as raw materials for other industries.

Social Achievements

• Funded the construction of Krishna Foundation, an old age home.
• Provided over 150+ total training hours for employees.
• Implemented various health initiatives to support underprivileged communities.

Governance Achievements

• Care Ratings Limited upgraded the Company’s long-term bank facilities rating from CARE BBB to CARE A- and its short-term bank facilities rating from CARE A3+ to CARE A2+.

Climate Goals & Targets

Environmental Challenges

• Increased competition from China impacting revenue and profitability.
• Supply chain disruptions due to raw material shortages or price fluctuations.
• Environmental impact inherent to the chemical industry, including potential chemical accidents.

Mitigation Strategies

• Offering a diverse range of products in domestic and international markets.
• Maintaining a reasonable inventory of essential raw materials.
• Strict adherence to government-mandated environmental regulations and rigorous safety protocols.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Great Place to Work