Yash Pakka Limited
Climate Impact & Sustainability Data (2021-04 to 2022-03)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
Water Consumption:Reduced by 30%
Waste Generated:44% recycling achieved
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced water consumption by almost 30%
- Reduced fuel consumption by over 12%
Social Achievements
- Provided Covid-19 inoculation to employees and their families
- Maintained salaries, bonuses, and other statutory benefits during the pandemic
- Certified as Great Place to Work®
- Successfully implemented Team Stock Option Scheme (TSOP Plan)
Governance Achievements
- Amalgamation between Yash Pakka Ltd and Yash Compostables Ltd
Climate Goals & Targets
Long-term Goals:
- Convert all packaging into compostable packaging
Medium-term Goals:
- Increase pulping capacity by 75%
- Add PM4 for food packaging
- Add pulp drying to enable further transportation of pulp
Environmental Challenges
- Macroeconomic turbulence and supply chain disturbances
- Inflated ocean freight impacting input costs
- Raw material input cost inflation (10-20%) and fuel cost increment (10-15%)
- COVID-19 pandemic disruptions
Mitigation Strategies
- Efficiency improvements and cost reductions
- Adoption of new, innovative technologies for water reduction
- Partnership with PAQUES for a biomethanation plant
- Contract with AFRY for overall mill development
- Maintaining high standards and pace of product and service delivery despite pandemic
Supply Chain Management
Responsible Procurement
- Procuring raw material competitively from the agriculture industry
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Integrated Reporting (IR) framework
Certifications: Great Place to Work®
Sustainable Products & Innovation
- CHUK Molded products from bagasse
- Flexible packaging
- Bio-based pellets
- Bagasse based lid for food delivery
Awards & Recognition
- Great Place to Work®