Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ecological Footprint Reduction
• Supply Chain Resilience
• Effective Corporate Governance
• Circular Practices and Waste Reduction
• Data Security and Privacy
• Economic Stability
• Consumer Engagement and Innovation
• Climate Resilience and Adaptation
• Employee Well-being and Development
• Nutrition Accessibility
• Compliance and Regulatory Adherence
• Quality Assurance and Product Safety

Environmental Achievements

• ~20% share of renewable energy usage
• 84.6 MW wind power installed capacity
• 116,721 tCO2 emissions mitigated by wind energy usage
• 4.24 MW solar power consumed (outsourced)
• 155 MT Waste Reused in FY23
• 69,529 MT Waste Recycled in FY23

Social Achievements

• 87% y-o-y increase in CSR expenditure
• 45,688 farmers uplifted
• 12 states covered under oil palm plantation
• 857 MSME suppliers
• 4,354 training and development programmes
• 53,320 training hours
• Certified as ‘Great Place To Work’ for the second year in a row

Governance Achievements

• Achieved debt-free status
• Successfully completed maiden Follow-on Public Offer (FPO) of ₹4,300 crores
• Changed name to ‘Patanjali Foods Limited’
• Acquired the Food Business from Patanjali Ayurved Limited

Climate Goals & Targets

Environmental Challenges

• Supply chain resilience and commodity inflation
• Economic stability
• Foreign currency fluctuations and commodity price changes
• Geopolitical instability
• Regulatory compliance
• Data security and privacy

Mitigation Strategies

• Reduced import dependency
• Diversified product portfolio
• Emphasised strengthening domestic manufacturing capabilities
• Robust risk assessment system
• Regular monitoring and review of compliance
• Robust IT systems, firewalls and contingency measures
• Regular employee training exercises on data security protocols

Supply Chain Management

Supplier Audits: Regular supplier audits and assessments

Responsible Procurement

• Responsible sourcing practices
• Collaboration with suppliers who share commitment to responsible sourcing practices, quality assurance and social and environmental responsibility

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, UN SDGs, Integrated Reporting framework

Certifications: ISO 9001:2015, ISO 22000:2018, HACCP, Halal, EMS – ISO 14001:2015, GMP+, ISO 45001:2018, Kosher

Sustainable Products & Innovation

• Millet-based products
• Premium dry fruits
• Sports nutrition products

Awards & Recognition

• India’s Most Trusted Company by ET Ascent
• Best Indian Food Brand – 2022
• Great Place to Work® for two years in a row
• Safety & Quality Company of the Year and the Best Manufacturing Company of the Year at the India Dairy Summit & Awards 2023

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Generated 127,708,136 KWh (1,25,708 MWh) of wind power; sequestered 119,024 tCO2 through wind energy business; ~20% of energy requirements from renewable sources; installed ZLD facilities at four locations and MEE/MVR/ATFD/ETP at all other locations; achieved 74,376 Ha of planted area in oil palm plantation using drip irrigation; use of biomass for energy needs.

Social Achievements

• Recognized as a “Great Place To Work” for the third consecutive year; enhanced distribution network supporting 8,000+ distributors, 100+ sales depots, 1.5 million+ retail touchpoints, 1,039+ Chikitsalays, 387 Mega stores, 3,420+ Aarogya Kendras and Grameen Aarogya Kendras; working with ~57,000 farmers in oil palm plantation; significant increase in gender diversity; CSR spending of ₹19.09 crore on Health, Yoga, Education and Construction of drainage system.

Governance Achievements

• Established and implemented internal policies and improved compliances; formed an ESG & CSR Committee (ECC) for decision making on sustainability and CSR related issues; average Board Member attendance of 91.67%.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions and commodity inflation; slowdown in economic activity; foreign currency fluctuations and commodity price changes; geopolitical events; non-compliance with laws; cyber attacks; talent acquisition and retention.

Mitigation Strategies

• Reduce import dependence through domestic production of palm oil; align product portfolio with a mix of premium, mass, and economy segment products; manage interest rate risk; maintain adequate liquidity; minimise import dependency; expand domestic oil palm plantation; increase exports; establish and implement internal policies; improve compliances; constantly analyse the market; enhance distribution network; create affordable healthy products; improve renewable energy mix; focus on reusing and recycling materials; sustainable sourcing; water-saving solutions; local supply chains; comply with State & Central laws; monitor and review compliance; maintain vigil mechanisms; robust IT systems; firewalls; contingency measures; employee training; create an inclusive and high-performing work environment; encourage entrepreneurship; reward performance; obtain third-party certifications; use renewable energy; adopt eco-friendly practices.

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of 100% FFBs, soya seeds, and mustard seeds; engaging with suppliers to ensure traceability for imported raw materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 45001:2018, FSSC 22000:2018, GMP+ Feed Safety System, Food chain ID, Halal Certification, Kosher, FSSAI, HACCP

Third-party Assurance: SGS India Private Limited

Awards & Recognition

• Great Place To Work (3 consecutive years)

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Sustainable Agriculture (Oil Palm Plantation)

Environmental Achievements

• Sequestered 119,024 tCO2 in FY23-24
• Reduced Scope 1 emissions from 648,772 tCO2 in FY23 to 431,394 tCO2 in FY24
• Reduced Scope 2 emissions from 70,933 tCO2 in FY23 to 40,036 tCO2 in FY24
• Fulfilled ~20% of energy requirements from renewable sources

Social Achievements

• Onboarded celebrities (Shilpa Shetty, Shahid Kapoor, Khesari Lal Yadav) for brand endorsements
• Rural Connect Program - Nutrela Operation Thunder to increase brand awareness and distribution in rural markets
• Successful retailer partner program – ‘Sanchay’
• Oil Icon of the Year Award for Managing Director

Governance Achievements

• Released second Integrated Report with Business Responsibility and Sustainability Reporting (BRSR) framework
• Gold Award at the 16th EXCEED Green Future Award 2024

Climate Goals & Targets

Environmental Challenges

• Volatile edible oil markets due to changes in duty structure and CnF price increases
• Sluggish FMCG demand due to unprecedented rainfalls affecting out-of-home consumption

Mitigation Strategies

• Strong performance in edible oil segment despite volatility
• Continued focus on branding and marketing (celebrity endorsements)
• Expansion of oil palm plantations

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Awards & Recognition

• Gold Award at the 16th EXCEED Green Future Award 2024
• Oil Icon of the Year Award