Climate Change Data

Action Construction Equipment Limited

Climate Impact & Sustainability Data (2023-24)

Reporting Period: 2023-24

Environmental Metrics

Water Consumption:26749 m3/year (2023-24); 16495 m3/year (2022-23)
Waste Generated:112.713 tons/year (2023-24); 82.790 tons/year (2022-23)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed and commissioned PV Solar Power plant of 2478.9 KWP capacities across various roofs and parking space.
  • Installation of PV Solar Power Plant of 317 KWP is under process.
  • Reduced power cost by improving the production processes.
  • Replaced paint shop oven running through diesel with PNG connections.

Social Achievements

  • Various initiatives to make its workplace more engaging, collaborative, and fulfilling.
  • Empowering employees with user-friendly tools and ensuring a digitally integrated and agile infrastructure.
  • Comprehensive diversity, equity, and inclusion policy to ensure equal rights and respect for all individuals.
  • Zero tolerance on sexual harassment at workplace.

Governance Achievements

  • Formalized clearly defined systems to manage risks within acceptable limits.
  • Robust internal financial control system.
  • Whistle blower policy and vigil mechanism.
  • Sexual harassment policy pursuant to provision of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Climate Goals & Targets

Environmental Challenges

  • Distribution channels, retailer network and customer service delivery.
  • Supply Chain disruptions.
  • Fluctuations in commodity prices.
  • Information Security and IT systems.
  • Technology innovation.
  • Global economic and geopolitical environment.
  • Financial Risk.
  • Occupational, Health and Safety Risks in Operations.
  • Competitive Intensity.
  • Talent Management (Succession Planning & Employee Retention).
  • Regulatory Risk.
Mitigation Strategies
  • Significant steps have been taken to improve dealer profitability and financial health. Online channels have been simplified to enhance the customer online experience.
  • Strong management team continues to work towards sustainable low cost of production, operational excellence and securing key raw material linkage.
  • Continue to work on mitigating the inflationary impact through ‘Commodity Risk Management’, cost re-engineering and value engineering activities.
  • IT center and Enterprise Resource Planning (ERP) – integrating all business divisions, Data Loss Prevention strategy implemented across all IT assets.
  • Investing in R&D and upgrading products continuously.
  • Closely monitor and risk assess global developments, implementing mitigation plans as necessary.
  • Prudent hedging strategies and appropriate mix of financing to mitigate the risks.
  • Health and safety guidelines ensure compliance with local and international laws, regulations and standards.
  • Investing in new product development, technology upgradations and increasing channel reach.
  • Developing talent pool through learning and career development programmes.
  • Continuous monitoring of the evolving regulations, impact assessment, implementation of statutory compliance.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 4500:2018

Sustainable Products & Innovation

  • Electric CEV-5 Cranes and Engines

Awards & Recognition

  • Bestseller in Tower Cranes at 11th Annual Equipment India Awards
  • Top Challengers of 2022-23 at 21st Construction World Global Awards
  • Innovative Design Award to ACE AP 21A Articulating Boom Lift
  • Innovative Design Award to ACE F150 EV NextGen Electric Crane
  • Hurun India Value Creator of the Year 2023 Award
  • Listed as ‘India’s Leading Listed ESG Entity’