Kitex Garments Limited
Climate Impact & Sustainability Data (2022-23, 2023-24)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:268541 Gco2/Littre (Scope 1) , 3364854 Gco2/Liire (Scope 2), Not available (Scope 3)
Scope 1 Emissions:268541 Gco2/Littre
Scope 2 Emissions:3364854 Gco2/Liire
Scope 3 Emissions:Not available
Renewable Energy Share:Not disclosed
Total Energy Consumption:16394415 Unit (electricity)
Water Consumption:183000 kilolitres
Waste Generated:1622.62 metric tonnes
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented ETP/STP resulting in purified water used for agricultural purposes.
- Waste recycling and reuse initiatives (quantified data missing)
Social Achievements
- High employee and worker retention rates (data provided but not quantified as a percentage reduction)
- Extensive health and safety training programs (100% coverage reported)
Governance Achievements
- Compliance with all applicable environmental laws and regulations
- No instances of non-compliance or rectification issues identified throughout FY2023
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: 100% (for health & safety and working conditions)
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: WRAP (Worldwide Responsible Accredited Production), GSV (Global Security Verification), OEKO-TEX Standard 100, GOTS (Global Organic Textile Standard)
Third-party Assurance: KERALA ENVIRO INFRASTRUCTURE LIMITED (for waste)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:2,08,000 + 31,51,665 = 33,59,665 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:2,08,000 tCO2e/year
Scope 2 Emissions:31,51,665 tCO2e/year
Water Consumption:85100 kilolitres/year
Waste Generated:533 metric tonnes/year
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced water consumption from 90,000 kilolitres in FY 2023 to 85,100 kilolitres in FY 2024 (5% reduction)
- Reduced energy consumption by 18%
- Reduced greenhouse gas emissions by 8%
- Recycling plastic and other waste through authorized channels
- Supporting local cultivation and drainage systems
Social Achievements
- CSR expenditure of H 516.44 lakhs
- Impacted 51,915 lives through CSR initiatives
- 1800 youth impacted through education initiatives
- 65 lives touched through healthcare initiatives
- H 428.22 lakhs expenditure for infrastructure development
Governance Achievements
- Maintaining high standards of corporate governance
- Three independent directors on the board
- Average board member experience of 35 years
Climate Goals & Targets
Environmental Challenges
- Fluctuations in foreign exchange rates and interest rates
- Supply chain disruptions and commodity price fluctuations
- Regulatory risks and potential non-compliance
- Human resource risks related to talent retention and attraction
- Strategic risks related to emerging businesses and capacity expansion
Mitigation Strategies
- Proactive management of foreign exchange risks
- Forward booking, inventory management, and vendor development
- Regular legal compliance reviews through internal and external audits
- Strategic talent management systems, training programs, and learning and development activities
- Clear processes and procedures for investment approvals
Supply Chain Management
Supplier Audits: 100%