Kovai Medical Center and Hospital Limited
Climate Impact & Sustainability Data (2022-23, 2023-24)
Reporting Period: 2022-23
Environmental Metrics
Renewable Energy Share:75%
Waste Generated:538.7MT
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Operating a 5.25 MW Solar Power Generation Plant and Wind Mills which caters to 75% of electricity requirement per annum and through which the Company has been saving 40% on its electricity bills
- Adopts the concept of zero discharge technology, under which an effluent treatment plant had been set up and the sewage water is treated for toxic effluents. The treated water is used for horticulture within the premises.
- A comprehensive waste management system has been implemented and through this, bio-degradable food wastes are decomposed and biogas is produced for captive consumption in the hospital canteen which in turn results in reduced LPG cost.
Social Achievements
- Opened a free Paediatric Oncology Ward in KMCH Medical College General Hospital, to cater to the needs of children with cancer, who cannot afford appropriate therapy
- Actively involved in preventive health care too, through its health check-up programs
- Almost every postgraduate training program has a pass rate of 100%
Governance Achievements
- Complying with the provisions of Corporate Governance as stipulated in Chapter IV and other relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Received various awards and recognitions. Our hospital has been recognised as best one in Kovai by Time Health Survey 2023.
Climate Goals & Targets
Environmental Challenges
- Increasing Regulatory requirements
- Heavy Capital and recurring Cost
- Non-availability of Skilled and Talented Medical Professionals
- Competition
- Shortage of Skilled man power
- Non recovery of the fixed Costs
Mitigation Strategies
- Continuously enhancing our capabilities and expertise
- Investing strongly in the latest technologies
- Focusing on training and building quality clinicians, medical educationists, nurses and paramedical staff to deliver high quality patient care services
- Providing good working conditions for our employees and our supporters
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI (LODR) Regulations 2015
Certifications: NABH
Third-party Assurance: VKS Aiyer & Co Chartered Accountants
Awards & Recognition
- Ranked No 1 Hospital in Coimbatore by The Week - Hansa Research survey – 2022
- The Best Hospital Awards -2022 by The New Indian Express - Financial Express
- Award of Appreciation for Best Renal Transplant Unit by Transplant Authority of Tamilnadu
- Green Hospital – 2023 by Association of Healthcare Providers of India (AHPI)
- Ranked No.1 Multispecialty Hospital in Coimbatore by Time Health Survey 2023
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:11.26 MT CO2e (Scope 1) + 58.3 MT CO2e (Scope 2) = 69.56 MT CO2e
Scope 1 Emissions:11.26 MT CO2e
Scope 2 Emissions:58.3 MT CO2e
Renewable Energy Share:68%
Water Consumption:556976 m3
Waste Generated:635.5 MT (Biomedical) + 97.7 MT (Other non-hazardous) + 2.8 MT (Battery) = 736 MT
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Operates a 5.25 MW solar power generation plant and purchases wind-generated power, covering nearly 68% of the annual power requirement. This practice has enabled the company to save approximately 31% on the annual power bill.
- Implemented a comprehensive waste management system, decomposing biodegradable food waste and producing biogas for captive consumption.
- Established an effluent treatment plant to treat sewage water for toxic effluents, reusing treated water for horticulture.
Social Achievements
- Opened a free Paediatric Oncology Ward in KMCH Medical College General Hospital.
- Opened an affordable palliative care ward.
- KMCH Medical College General Hospital offers outpatient services across multiple specialties, providing affordable healthcare through high-volume, low-cost care.
- Organised an annual marathon to promote organ donation.
Governance Achievements
- Complied with the requirements of Corporate Governance as stipulated in Chapter IV and other relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Established a vigil mechanism for Directors and Employees to report their genuine concerns.
Climate Goals & Targets
Environmental Challenges
- Capital intensive industry requiring substantial investment in state-of-the-art facilities and cutting-edge technologies.
- Shortage of skilled and talented medical professionals.
- Regulatory requirements and compliance costs.
- Rising costs of medical services, pharmaceuticals, and healthcare technology.
- Workforce shortages.
- Technological and cybersecurity risks.
- Quality and safety issues.
- Market competition.
Mitigation Strategies
- Investing in the latest technologies to improve healthcare accessibility and enhance patient outcomes.
- Implementing strong health and safety systems.
- Continuously adapting to changing healthcare regulations and policies.
- Ensuring compliance with laws involving significant expenditure on systems and processes to protect patient data.
- Developing and implementing strong health and safety systems.
- Strengthening regulatory capacity.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI (LODR) Regulations, 2015
Certifications: NABH
Awards & Recognition
- Best Performing Hospital by CMCHIS and ABPMJAY - 2023
- Ranked No. 1 in Specialties including Gastroenterology and Hepatology, Urology, Emergency and Trauma, Obstetrics and Gynaecology, Pediatrics, and Oncology by the Times Health Survey 2023
- Times Healthcare Achievers – 2023 by The Times of India
- Ranked No. 1 Multispeciality Hospital in Coimbatore by The Week - Hansa Research Survey 2023
- Diamond Status Award for Stroke Care by the World Stroke Organization - 2023
- Healthcare Excellence in Clinical Operations – 2024 by AHPI
- Healthcare Excellence in Nursing – 2024 by AHPI
- Best Hospital for Emergency Care, Cardiology, Oncology, Gynaecology and Obstetrics, Neurology, Nephrology, Urology, and ENT, honored by The New Indian Express - Financial Express 2024