Agro Tech Foods Limited
Climate Impact & Sustainability Data (2020-04 to 2021-03)
Reporting Period: 2020-04 to 2021-03
Environmental Metrics
ESG Focus Areas
- Nutrition
- Employee Well-being
- Environmental Sustainability
Environmental Achievements
- Continued use of energy efficient and sustainable HVAC programs at manufacturing facilities
- Shifting to LED lamps and phasing out non-LED lighting
- Exploring solar power for installation at manufacturing units
- Completed collection and disposal of 75% of post-consumer multi-layer plastic packaging waste
Social Achievements
- Achieved an Employee Engagement Score of 74%
- Poshan program provided Peanut Butter to 10,400 undernourished children
- Support for Shekina Foundation, Hyderabad for providing Mid-day meal to students
Governance Achievements
- Compliance with the Code of Corporate Governance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Constitution of Board Committees and statutory Committees
- Implementation of a Whistle Blower Policy
Climate Goals & Targets
Environmental Challenges
- Rising cost of oils commodity, input cost, labour
- Challenging business environment and pressure on margins
- COVID-19 pandemic impacting operations and Anganwadi center closures
Mitigation Strategies
- Initiated measures towards achieving organizational and operating efficiencies
- Diversifying portfolio and improving processes and controls
- Focus on operating leverage and gaining an enhanced customer base
- Adhering to strict COVID-19 guidelines at factories and sales staff
Supply Chain Management
Responsible Procurement
- Encouraging vendors/service providers to adopt management practices such as ISO 9001, ISO 14001, ISO 22001 and ATFL’s Corporate Environment, Health and Safety (EHS) Guidelines
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
UN Sustainable Development Goals
- Goal 2: Zero Hunger
- Goal 8: Decent Work and Economic Growth
Poshan program contributes to Goal 2 by addressing malnutrition, while job creation in local communities contributes to Goal 8.
Awards & Recognition
- 2014 South Asia Platinum SABRE Award for Corporate Social Responsibility