Climate Change Data

Environmental Metrics

ESG Focus Areas

• Farmer welfare
• Environmental sustainability
• Value addition
• Financial prudence
• Modern management practices

Environmental Achievements

• Implemented zero liquid discharge in its distillery
• Reduced groundwater drawal through water treatment and reuse
• Reduced environmental load per tonne of cane crushed

Social Achievements

• Engaged with more than 249,004 farmers
• Improved farmer yields through cane development initiatives
• Commenced the manufacture of sanitizers during COVID-19 pandemic

Governance Achievements

• Strengthened its culture of total productive maintenance (TPM)
• Implemented kaizen culture for continuous improvement
• Repaid H164.40 Crore of long-term debt

Climate Goals & Targets

Environmental Challenges

• Blocked supply chain due to coronavirus
• Competitive pricing impacting realizations
• UP government increased molasses quota for country liquor makers

Mitigation Strategies

• Reduced sugar inventory by diverting sugar to B-Heavy ethanol process and enhanced exports
• Focused on reducing production costs
• Started producing country liquor

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of sugarcane

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Branded and packaged sugar
• Specialty chemicals

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Installed effluent treatment plants (all operational by the end of the year under review).
• Installed condensate policy units in its manufacturing units to ensure compliance with statutory norms.
• Minimising leaks of steam and hot gases, enhancing electricity generation with lower steam quantity.
• Achieved Zero Liquid Discharge (ZLD) through the latest process of concentration of Spent Wash through Multi Effect Evaporators (MEE) and Incineration of concentrated Spent Wash through Slop Boilers.

Social Achievements

• Ensured the safety of its employees and is complying with all the norms related to social distancing, thermal scanning, wearing of face mask, proper sanitization, and hygiene at all its factories.
• Engaged with communities around its manufacturing locations to widen the circle of prosperity through relevant interventions in line with United Nation’s Sustainable Development Goals.
• Invested in a culture of business excellence (product and process) leading to continuous cost management.
• Deepened relationships with vendors who provided capital equipment and spares as well as with primary customers (trade partners).

Governance Achievements

• Strengthened its credit rating A & A+ with stable outlook.
• Established corporate credibility and enhanced value for all stakeholders.
• Invested in functional platforms that enhance sustainable scalability.
• Enhanced revenue visibility through enduring customer engagements.

Climate Goals & Targets

Environmental Challenges

• Meeting statutory and environment requirements
• Maintaining quality standards
• Allocating a larger proportion of production towards institutional sales
• Inability in capitalising on increased ethanol demand
• Decline in ethanol demand
• Inadequate storage
• Leaks of steam and hot gases (CO2) from turbines
• Weak monitoring of daily operations
• Cane yield and availability declined
• The successful CO 0238 variety was affected by red rot disease in pockets
• Farmer sentiment was weak on account of the prevailing lockdown

Mitigation Strategies

• Installed effluent treatment plants and condensate policy units.
• Streamlined its manufacturing process; TPM was implemented and significant improvements were made in process systems.
• Placed an emphasis on allocating production to institutional sales across its manufacturing units.
• Activated a 100 KLPD expansion of ethanol production capacity.
• Extended its sales network to other States.
• Installed coolers in all storage tanks.
• Identified turbine areas where better insulation was required and repaired them.
• Recorded day-to-day power generation and challenges (if any) that were addressed and with a pre-defined Annual Operating Plan.
• Focused on nursery development, shortlisted two cane varieties resistant to red rot disease, implemented the use of chemicals to enhance soil treatment and yield, provided subsidized fertilisers to farmers, and educated farmers about industry developments.

Supply Chain Management

Responsible Procurement

• The Company procures all of its raw materials i.e. sugar cane, from the farmers (including small and medium farmers) from the nearby area, allocated to the sugar plants.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Ethanol
• Co-generated power