AVT Natural Products Limited

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

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:81,636 tCO2e (Scope 1 & 2)

Scope 1 Emissions:67,775 tCO2e

Scope 2 Emissions:17,871 tCO2e

Scope 3 Emissions:8,936 tCO2e

Renewable Energy Share:4.34%

Total Energy Consumption:71,275 GJ

Water Consumption:244,692 KL

Waste Generated:10,112 tons

Carbon Intensity:Nil

ESG Focus Areas

Conservation of Energy
Technology Absorption
Corporate Social Responsibility
Human Rights
Stakeholder Engagement
Environmental Sustainability

Environmental Achievements

Commissioned additional ultra filter in ETP RO plant and iron removal filter in process RO plant, increasing water recovery by 10% and saving 2400 KL water.
Replaced 22 conventional lamps with high-efficiency LED lamps, saving 10000 KWh annually.
Replaced old gearboxes with energy-efficient planetary gearboxes, saving 48000 KWh annually.
Implemented steam condensate recovery, saving 84 MT of fuel annually.
Replaced old AHU radiators, saving 18000 KWh annually.
Installed energy-efficient pumps, saving 28800 KWh annually.
GHG emission reduced by 73 MT/annum through various projects.

Social Achievements

Undertook CSR projects focusing on skill development, infrastructure development, women empowerment, healthcare, education, and Swachh Bharat.
Maintained cordial relationships with employees and workers.
Implemented an Anti-Sexual Harassment Policy and Internal Complaints Committee.

Governance Achievements

Established a Risk Management Committee.
Implemented a Vigil Mechanism/Whistleblower Policy.
Conducted formal annual evaluation of Board performance.

Climate Goals & Targets

Long-term Goals:

Medium-term Goals:

Doubling value-added tea business in 2-3 years.

Short-term Goals:

Environmental Challenges

Challenging business environment and lowest marigold prices in recent years.
Climatic vagaries impacting marigold crop yield.
Unprecedented increases in employee, input, and raw material costs.
War in Ukraine causing cost and supply chain disruptions.
New regulatory norms in the spice segment.
Currency fluctuations.

Mitigation Strategies

Improved operational efficiencies and better marigold price realizations.
Investing in new growing technologies and expanding growing area.
Emphasis on compliance and farming practices.
Introducing new seeds for higher yields.
Strengthening supply chain and diversifying suppliers.
Improving employee productivity and operational efficiencies.
Implementing automation and cost reduction measures.
Forex hedging.

Supply Chain Management

Supplier Audits: 30-40%

Responsible Procurement

Code of Conduct, preferential procurement policy for marginalized/vulnerable groups (80% of total procurement).

Climate-Related Risks & Opportunities

Physical Risks

Changing climate patterns impacting marigold crops.

Transition Risks

New regulations on pesticides.

Opportunities

Growth in nutraceutical demand.

Reporting Standards

Frameworks Used: National Guidelines on Responsible Business Conduct, SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, SMETA 4 Pillar Audited, RFA, FSSAI

Climate Change Data