Climate Change Data

UNITED DRILLING TOOLS LIMITED

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Scope 2 Emissions:3358 Metric tonnes of CO2 equivalent
Total Energy Consumption:49,09,906 MJ
Water Consumption:552 kilolitres
Waste Generated:19 Tons

ESG Focus Areas

  • Product Innovation, safety and quality
  • Customer Satisfaction
  • Corporate Governance
  • Environmental protection
  • Employee well-being

Environmental Achievements

  • Implemented certified safety management systems across all four manufacturing sites, spare parts departments, and the headquarters.
  • Reduced waste generation through 3R principle (Reduce, Reuse, Recycle)

Social Achievements

  • Provided training and awareness programs on codes of conduct, human rights, and safety to employees and workers.
  • Implemented robust mechanisms for engagement with all stakeholders, including a code of conduct and grievance redressal mechanisms.

Governance Achievements

  • Established a Vigil Mechanism under section 177 of the Companies Act, 2013, covering anti-corruption and anti-bribery.

Climate Goals & Targets

Environmental Challenges

  • Conflict of Interest, Ethics, Risk and Compliance
  • Meeting targets under the PAT scheme (not applicable in this case)
Mitigation Strategies
  • By making suitable Governance policy according rules and law of the country and industry prospect.
  • Company does not have any sites / facilities identified as designated consumers (DCs) under the Performance, Achieve and Trade (PAT) Scheme of the Government of India.

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct

Climate-Related Risks & Opportunities

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Energy Consumption:2874374 MJ
Water Consumption:770 KL
Waste Generated:35 tons

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Transitioning DG sets from diesel to CNG to reduce emissions.
  • Minimizing fresh water withdrawal by maximizing recycling of treated waste effluents.

Social Achievements

  • Regular training for employees and workers in skill enhancement, process improvements, soft skills, and safety.
  • CSR initiatives focusing on education, health, and infrastructure in needy communities.

Governance Achievements

  • Implementation of various policies aligned with regulatory guidelines.
  • Establishment of a Vigil Mechanism to ensure compliance with anti-bribery laws.

Climate Goals & Targets

Environmental Challenges

  • Managing air emissions affecting environment and stakeholders.
  • Insufficient water availability posing risk of operational disruptions.
  • Ensuring employee and community safety.
  • Corporate Governance - Board oversight, Conflict of Interest, Ethics, Risk and Compliance
Mitigation Strategies
  • Transitioning DG sets from diesel to CNG.
  • Addressing water scarcity through Reduce, Reuse, Recycle and Recover principles.
  • Active safety performance tracking and employee training.
  • Making suitable Governance policy according rules and law of the country and industry prospect.

Supply Chain Management

Responsible Procurement
  • Sustainable sourcing and procurement procedure, integrating material lifecycles and circular economy practices.

Climate-Related Risks & Opportunities