Maharaja Shree Umaid Mills Limited
Climate Impact & Sustainability Data (2015-03 to 2016-03)
Reporting Period: 2015-03 to 2016-03
Environmental Metrics
Total Carbon Emissions:1947 tonnes CO2e/year (reduced through wind power)
ESG Focus Areas
- Energy Conservation
- Corporate Social Responsibility (CSR)
Environmental Achievements
- Installed 2.1 MW captive wind power project, minimizing CO2 emissions by 1947 Tonnes and saving approx. ₹1.13 Crores.
Social Achievements
- Constituted a Corporate Social Responsibility (CSR) Committee.
Governance Achievements
- Adopted a Nomination and Remuneration Policy.
- Appointed a Scrutinizer for e-voting process.
Climate Goals & Targets
Environmental Challenges
- Higher cost of manufacturing, poor Unit Value Realisation (UVR), and lower plant capacity utilization.
- Old machines and labor issues limiting efficiency and production in the Yarn business.
- Operational bottlenecks in the Fabric processing plant.
- Huge competition from unorganized sectors in the Poplin business.
Mitigation Strategies
- Focus on exports to create brand value and achieve better UVR.
- Increasing the basket of value-added products (Soft Touch Yarn, Zero Twist Yarn, etc.).
- Entering new business products (63" Suiting and Shirting, 100% Linen, etc.).
- Improving operational efficiency, undertaking upgradation programs, adopting stringent cost control measures, and aggressive marketing.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Soft Touch Yarn
- Zero Twist Yarn
- Dyed Polyester Melange Yarn
- Multi Fold Yarn
- 63" Suiting and Shirting
- 100% Linen
- Cotton-Linen
- Coolant Fabric