Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance
• Safety

Environmental Achievements

• Phased reclamation of mine area by backfilling covering 9.08 ha.
• Afforestation with native species covering 28 ha with 108209 saplings.
• Implementation of new engineering structures for surface water and dump management.
• 23.5% of total water used was recycled.
• 56% of total consent capacity of water used.

Social Achievements

• No fatalities or major reportable injuries during 2021-22.
• 590 trainings at Vocational Training Center.
• Construction of 192 housing quarters at Deogiri and Subbarayanahalli.
• Provision of monthly food packets to employees at subsidized prices.
• Construction of more than 2500 toilets since 2012.

Governance Achievements

• Received Five Star Rating Award from Ministry of Mines, Govt. of India for 2019-20.
• Received National Safety Award for 2018 from Ministry of Labour and Employment, Govt of India.
• Adherence to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.
• Compliance with various regulatory authorities (MoEF&CC, DGMS, KSPCB, IBM, PESO, MoL&FM).

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting health, business, and lives.
• Declining ore grades and growing volume of waste rock.
• Maintaining sustainable mining practices in a hilly terrain.

Mitigation Strategies

• Stringent measures for COVID-19 control, including ensuring double dose vaccination for all employees.
• Scientific and systematic mine planning, using advanced technologies and mining software.
• Implementation of engineering structures (retaining walls, drains, check dams) for soil erosion control and dump management.
• Reclamation and rehabilitation of mined-out areas through backfilling and afforestation.

Supply Chain Management

Responsible Procurement

• Prioritizing local and national suppliers; vendor registration program; Code of Conduct, Ethical Values and Anti-Corruption Policy.

Climate-Related Risks & Opportunities

Awards & Recognition

• Five Star Rating Award from Ministry of Mines
• National Safety Award

Environmental Metrics

ESG Focus Areas

• Business ethics
• Corporate governance
• Responsible production
• Occupational health & safety
• Employee development & retention
• Stakeholder relationship management
• Human rights
• GHG emissions
• Circular economy
• Afforestation
• Energy management

Environmental Achievements

• Fully reclaimed and rehabilitated stabilised waste dump
• 38 lakh saplings planted
• Increased contribution on renewables
• Upgradation of pollution control equipment
• Waste Heat Recovery Boilers producing power using waste heat from Coke Oven plant (potential to generate about 32 MW energy)
• Recycling of Ferro Manganese slag into bricks and M-sand

Social Achievements

• Several welfare programmes implemented for over 4,000 direct and indirect employees
• Construction of 35 kilometres of external roads to mitigate dust impact
• Continuous consultations with local communities
• Preferential employment of local people, training, and skill-development of locals

Governance Achievements

• Adoption of various codes of conduct for fair and transparent business conduct
• Establishment of a Corporate Sustainability Committee (CSC)

Climate Goals & Targets

Environmental Challenges

• Conflict of interest
• Occupational health & safety
• Human rights violations
• GHG emissions
• Waste management
• Energy management
• Community relationships

Mitigation Strategies

• Code of Conduct and Ethics Policy to address conflict of interest
• Effective health & safety practices in conformity with OHSAS 9001:2015 Standards
• Policy on Prevention of Sexual Harassment (POSH)
• Measuring emissions annually and tracking for reduction opportunities
• Upgrading pollution control equipment
• Increasing renewable energy contribution
• Waste management practices including reuse and recycling
• Energy efficiency measures including VFDs and ACC
• Robust focus group discussions with community leaders and stakeholders

Supply Chain Management

Supplier Audits: Periodic inspections of material value chain partners

Responsible Procurement

• Preferential sourcing from local vendors
• Procurement contracts explicitly capturing extant regulations, including health and safety practices and working conditions

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: NGRBC

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Business ethics
• Corporate Governance
• Responsible production and consumption
• Occupational Health & Safety
• Employee development & retention
• Relationship management with different stakeholders
• Human Rights
• Green House Gas (GHG)
• Circular economy
• Afforestation
• Energy management/zero net

Environmental Achievements

• Upgradation of pollution control equipment to ensure emissions are within prescribed norms
• Increased contribution of renewables at company premises
• Energy Audits to ascertain contributions for emission reduction
• Fully reclaimed and rehabilitated stabilized waste dump
• Recycling of FeMn slag into bricks for SiMn production
• 39 lakh saplings planted within and outside lease area
• Waste Heat Recovery Boilers producing power using waste heat from coke oven plant
• Generating entire requirement of non-production energy from solar energy

Social Achievements

• Several welfare programs implemented for 4,000 direct and indirect employees
• Group Vocational Training Center set up for mine workforce upskilling
• Employees sponsored for various external trainings and in-house trainings conducted
• Construction of 35 kms of external roads to mitigate dust impact

Governance Achievements

• Adoption of various codes of conduct to manage affairs fairly and transparently
• Employees’ Code of Conduct and Ethics Policy to manage conflicts of interest
• Public Grievance Redressal Policy formulated and Grievance Redressal Mechanism in place

Climate Goals & Targets

Environmental Challenges

• Reputational risk
• Regulatory compliances
• Health & Safety impacts
• Changing expectations of workforce
• GHG emissions
• Waste management
• Community relationships
• Human Rights violations

Mitigation Strategies

• Adoption of various codes of conduct
• Employees’ Code of Conduct and Ethics Policy
• Effective Health & Safety practices
• Welfare programs
• Upgradation of pollution control equipment
• Renewable energy initiatives
• Waste management practices
• Community engagement
• Tracking and addressing issues related to child labour, forced labour, involuntary labour and sexual harassment
• Policy on Prevention of Sexual Harassment (POSH)

Supply Chain Management

Supplier Audits: 1.00% (initiated supplier assessments)

Responsible Procurement

• Sourcing of materials from various sources, striving to avail services of local vendors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Not Applicable

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed