Climate Change Data

Environmental Metrics

ESG Focus Areas

• Education
• Healthcare

Environmental Achievements

• Generated 5.99 Cr. units of wind power and 45.88 lakh units of solar power.
• Reduced power consumption by 2 Lakh Units Per Annum in Autoconer Machines due to arrested air leakage.
• Power savings of 94,000 Units per annum in SVTM unit by optimizing motor and fan speed.
• Power savings of 69,000 Units per annum in LSF unit by installing inverter in boiler fan motor.
• Power savings of 11,000 units per annum in LSF unit by replacing lamps with LED lamps.
• Power savings of 8,000 units per annum in SVTM unit by replacing comber machine motor with IE3 motor.

Social Achievements

• Donated a Modular Oxygen System to Government Hospital, Kovilpatti (Rs. 28.75 lakhs).
• Donated 111 Oxygen Cylinders to Tamilnadu Government (Rs. 15.92 lakhs).

Governance Achievements

• Established a Vigil Mechanism / Whistle Blower Policy.
• Implemented a policy on prevention, prohibition and redressal of complaints related to sexual harassment of women at the workplace.
• Carried out a formal annual evaluation of Board performance, committees, and individual directors.

Climate Goals & Targets

Environmental Challenges

• Short supply and poor quality of cotton due to unseasonal rains, resulting in a 110% price increase in 12 months.
• Continuous rise in cotton prices, making yarn and fabric prices very costly.

Mitigation Strategies

• Focusing on continuous improvement in production and cost reduction measures.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Reporting Standards

Frameworks Used: Ind AS

Third-party Assurance: Ganesh Prasad, Chartered Accountants

Sustainable Products & Innovation

• Yarn and Knitted Fabric of Different Counts and Blends
• T-Shirts and Leggings
• Reusable Food Wrapper
• High Twist Viscose Woven Fabric
• Yarn and Cotton Produced from Cotton Like Polyester