Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental
• Social
• Community Development
• Health and Safety
• Worker Welfare

Environmental Achievements

• Reduced carbon footprint by manufacturing fuel-grade ethanol
• Zero Liquid Discharge (ZLD) facilities in distilleries
• Water conservation measures in sugar manufacturing units
• Cogeneration plant using bagasse for energy
• Minimized air pollution through electrostatic precipitators
• Planted 5,311 plants in FY2018-19

Social Achievements

• Increased market reach of Madhur sugar brand
• Launched 'safety share' daily presentations
• Developed an extensive health and safety training calendar
• Celebrated ‘National Safety Week 2019’
• Implemented a new work permit system
• Established technical colleges to recruit and train students
• Undertaken regular awareness programs and technical trainings for supervisors
• Initiatives pertaining to community healthcare and education

Governance Achievements

• Improved credit rating to BBB+ from D (ICRA)
• Implemented an electronic workflow tool for cane management software access control

Climate Goals & Targets

Environmental Challenges

• Fluctuations in sugar demand and supply
• Seasonal uncertainties impacting sugarcane production
• Unfavorable shifts in government policies and regulations
• Increased logistics costs
• Work stoppages due to union strikes
• High employee attrition rate
• Surplus sugar production
• Falling sugar prices
• Rising arrears to farmers
• Dry weather and lower water availability impacting sugarcane production

Mitigation Strategies

• Debt restructuring with Wilmar's capital infusion
• Increased production volumes in all verticals
• Expanded distillery capacities
• Installed incineration boilers at distillery units
• Leveraged government policies allowing ethanol production from B-heavy molasses and sugarcane juice
• Active cane development activities (new plantation methods, irrigation, subsidized pesticides, organic manure, crops)
• Encouraging farmers to grow seasonal crops alongside cane
• Regular review of risk management policies
• Periodic risk analysis to minimize internal and external risks
• Robust IT architecture for data security and accelerated audit process

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Fuel-grade ethanol

Environmental Metrics

ESG Focus Areas

• Climate change mitigation
• Energy conservation
• Water management
• Waste management
• GHG reduction
• Value chain partners
• Manpower welfare
• Good corporate governance

Environmental Achievements

• Zero Liquid Discharge implemented in distillery plants
• Most energy generated using bagasse, minimizing carbon footprint
• Significant reduction in GHG emissions through cogeneration (501 Mn KwH of clean energy generated)
• Installation of a 125 KW solar power plant at Pathri Unit
• Installation of LED bulbs across all units resulting in power saving of 2.85 Mn KWH
• EPR target of 1402.16 metric tons achieved

Social Achievements

• Various training programs for employee health and safety (e.g., LOTO, SCBA, fall protection)
• Health and wellness programs for employees (76% coverage)
• Skill upgradation training for employees (59% coverage)
• Distribution of safety kits to sugarcane farmers
• Training programs for sugarcane farmers on sustainable cultivation practices
• Distribution of drip irrigation systems in demo plots

Governance Achievements

• Code of Conduct for Directors and employees covering ethics, workplace responsibilities, and conflict of interest
• ABAC clauses integrated into Code of Conduct
• Periodic review of policies by the Board of Directors

Climate Goals & Targets

Environmental Challenges

• GHG Emissions
• Product Quality & Safety
• Energy Management
• Water & Wastewater Management
• Employee Health & Safety
• Supply Chain Management
• Materials Sourcing & Efficiency

Mitigation Strategies

• Setting clear reduction targets for GHG emissions
• Implementing energy efficiency measures and adopting renewable energy sources
• Improving waste management and optimizing transportation
• Engaging employees in sustainability practices and collaborating with suppliers
• Implementing a robust quality management system and complying with regulations
• Conducting product testing and inspection, assuring supplier quality, and establishing prompt recall procedures
• Conducting energy audits, setting reduction targets, and investing in energy-efficient technologies
• Implementing water recycling and conservation measures, investing in wastewater treatment, and complying with regulations
• Conducting risk assessments, providing safety training, and implementing hazard controls
• Conducting risk assessments, diversifying suppliers, and creating contingency plans

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: FSSC 22000, AIB, Halal, Kosher, Export Inspection Council, ISO 45001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 13
• SDG 15
• SDG 16
• SDG 17

Various initiatives aligned with the listed SDGs are described in the report.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 'Best Safe Industry- Sugar Category' award (Havalga Plant)
• 2nd prize in state level safety award (Athani unit)
• CII National Food Safety Award (Kandla Unit)
• AIB standard certification (Kandla Unit)
• National award for Leadership & Excellence (8th Edition)
• Maharashtra State Best Employer Brand 2022
• 'The Economic Times - Sustainable Organizations 2022'

Environmental Metrics

ESG Focus Areas

• Climate change mitigation
• Energy conservation
• Water management
• Waste management
• GHG reduction
• Value chain partners
• Employee well-being
• Corporate governance

Environmental Achievements

• Generating most of operational energy from bagasse, ensuring minimal carbon emissions
• Significant contribution to India’s ethanol-blending program
• Large-scale tree plantation
• Collaboration with farmers on efficient cultivation techniques (drip irrigation)
• Transitioning to low Global Warming Potential (GWP) gas R-32 for refrigeration
• Using LPG for Granulated Activated Carbon (GAC) generation
• Exceeded EPR target, responsibly managing 2,358.07 metric tons of waste

Social Achievements

• Providing health insurance, accident insurance, and maternity benefits to employees
• Conducting health camps and health awareness sessions for employees
• Implementing safety trainings and protocols for employees
• Promoting health and wellness programs for employees
• Distributing primary school supplies and educational kits among students in rural areas
• Distributing 26 battery operated spray pumps to farmers

Governance Achievements

• Board of Directors responsible for sustainability related issues
• Periodic review of policies by the Board of Directors
• Independent assessment/evaluation of policies by Dhir & Dhir Associates
• Code of Conduct for Directors and Employees including ABAC clauses

Climate Goals & Targets

Environmental Challenges

• GHG emissions from sugar & methane manufacturing
• Stringent emission control regulations
• Product quality risks dependent on weather and handling
• Substantial energy input requiring fossil fuels
• Water usage and wastewater generation
• Employee health and safety risks
• Supply chain management risks related to labor, environmental practices, ethics, or corruption

Mitigation Strategies

• Employing innovative technologies using alternative fuels and improving fuel efficiency
• Generating solar energy
• Green belt initiatives (planting trees)
• Transitioning to low GWP gas R-32 and using LPG for GAC generation
• Establishing a strong quality management system
• Conducting thorough product testing and inspection
• Ensuring supplier quality
• Conducting energy audits
• Investing in energy-efficient technologies
• Exploring renewable energy alternatives
• Implementing energy monitoring and automation systems
• Adopting Zero Liquid Discharge mechanism
• Setting up Sewage Treatment Plant & Effluent Treatment Plant
• Undertaking risk assessments, offering safety trainings and protocols
• Ensuring correct usage of PPE
• Implementing hazard controls
• Undertaking supply chain risk assessments
• Establishing contingency plans
• Improving supply chain transparency

Supply Chain Management

Supplier Audits: Routine audits carried out by Company representatives

Responsible Procurement

• Sustainable sugarcane initiatives (Automatic Weather Station, Farmer Training, etc.)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, BRSR (SEBI)

Certifications: FSSC 22000, AIB, Halal, Kosher, Export Inspection Council, ISO 14001/2015, ISO 45001/2018, HIRA

Third-party Assurance: Not Applicable

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 10
• SDG 12
• SDG 13
• SDG 15
• SDG 16
• SDG 17

See report for details on how initiatives contribute to SDGs

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• SAFETY EXCELLENCE award from Greentech Foundation (Munoli Unit)
• “Brit Best - West Region Partner In Progress” from Britannia Industries Limited