Himatsingka Seide Limited
Climate Impact & Sustainability Data (2020-21)
Reporting Period: 2020-21
Environmental Metrics
Total Carbon Emissions:88142 tonnes/year (reduction)
Renewable Energy Share:39.8%
Waste Generated:964 tonnes/year (saved and repurposed)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- 88,142 Tonnes Reduction in CO2 Emissions
- 39.8% Green Energy of the Total Energy Portfolio
- 99.3% Water Recovery at ZLD Facilities
- 1.8% Reduction in Annual Energy Footprint during FY 21
- 964 Tonnes of Waste Saved and Re-purposed
Social Achievements
- 42% of total workforce are women
- 452 personnel employed with special needs
- 40% of campus hires are women
- 1820 people trained and upskilled in the last year
- Contributions to developing school infrastructure, building solar-powered classrooms and donating laptops
- Construction of bus shelters and installation of a water filtration plant
- Provision of electric scooters to differently-abled community members
- Donation of oxygen cylinders, ventilators, bed linen and masks to local hospitals
Governance Achievements
- Strong and transparent governance framework
- Industry-leading training programs and internal monitoring and auditing systems
- Stakeholder engagement mechanisms
Climate Goals & Targets
Medium-term Goals:
- Carbon neutral by 2030
- 100% Renewable Energy by 2030
Short-term Goals:
- 75% renewable energy by 2025
- All Manufacturing Facilities to be ZWL-Certified by 2025
- Use of 100% Sustainable Cotton by 2025
Environmental Challenges
- COVID-19 pandemic impacting operations, revenue, and profit
- Disrupted supply chains, uncertainties, and lockdowns in major international markets
- Regulatory uncertainties and heightened levels of inflation in commodities and services
- Unprecedented levels of inflation in cotton
- Lack of regulatory clarity on export incentives
Mitigation Strategies
- Consolidation initiatives to ensure appropriate actions and measures to fight the pandemic
- Mitigation measures to address the impact of inflation and cost pressures
- Enhanced capacity utilization across facilities
- Increase in product prices to mitigate cost pressures
Supply Chain Management
Responsible Procurement
- supplier sustainability requirements
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- conscious portfolio of recycled/upcycled bedding and bath products
- All Natural towels
- Rescue Threads