Climate Change Data

Honda India Power Products Limited

Climate Impact & Sustainability Data (2021-22, 2023-24)

Reporting Period: 2021-22

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Ethics
  • Governance

Environmental Achievements

  • 90% of raw materials sourced sustainably
  • Closed-loop water recycling design to ensure minimal water discharge
  • Recycling of aluminium and steel scrap, utilizing generated energy for internal air conditioning
  • CO2 reduction activity with a target of more than 1% reduction
  • Engagement with waste agencies for end-to-end management of plastic waste under EPR initiative

Social Achievements

  • Medical facility in interior villages of Greater Noida through Mobile Healthcare Units
  • Contribution to basic education infrastructure across factory locations in Greater Noida
  • All employees received safety & skill up-gradation training

Governance Achievements

  • All Stakeholder complaints resolved
  • Implementation of various policies including Honda Code of Conduct, Business Ethics Policy, Anti-Bribery Policy, etc.

Climate Goals & Targets

Long-term Goals:
  • Zero-emission by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • SMQCD procedure for vendor selection, sustainable sourcing of 90% of raw materials by value, focus on indigenization and local sourcing within 100km radius

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: NVGs

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Portable Generators
  • Water Pumps
  • General Purpose Engines

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:3946 MT-CO2e/year (Scope 1 & 2)
Scope 1 Emissions:2,082 tCO2e/year
Scope 2 Emissions:1,866 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:46,467 GJ/year
Water Consumption:66,452 KL/year
Waste Generated:1194 tons/year
Carbon Intensity:0.40 MT-CO2/Rs. in Lakh (Scope 1 & 2)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 emissions from 2,462 MT-CO2 to 2,082 MT-CO2
  • Reduced Scope 2 emissions from 2,717 MT-CO2 to 1,866 MT-CO2
  • Reduced total waste generated from 1,620 metric tons to 1,194 metric tons
  • Increased waste recovery through recycling from 1,563 metric tons to 1,160 metric tons

Social Achievements

  • 100% of permanent employees covered by health insurance
  • Implemented occupational health and safety management system covering entire operations
  • Zero safety incidents reported for both employees and workers

Governance Achievements

  • Established a robust whistle-blower mechanism (Business Ethics Proposal Line)
  • Formed a Steering Committee to strategize business conduct
  • Board and KMP familiarized with Business Performance updates, Business and Sustainability strategy, Risk Management plan, Governance, Compliance and Regulatory updates

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Ever-changing environmental regulations posing compliance risks
  • Utilization of natural resources like water and air
  • Managing waste in accordance with regulatory requirements
Mitigation Strategies
  • Robust compliance organization with third-party and in-house expertise
  • Infrastructure in place to minimize resource utilization and restore natural resources
  • Adherence to all applicable laws/rules pertaining to waste management

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement
  • Sustainable sourcing procedures
  • E-waste management policy
  • Plastic Waste Management Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed