Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Installed Solar panel to save energy
• Using renewal energy through power trading to reduce overall energy cost

Social Achievements

• Provides free housing, subsidized meals, free transport, medical benefits, recreational and other facilities for its workers at its manufacturing plant, Kukarwada
• Nurturing the inner talents of the employees by rendering them a correct anchor

Governance Achievements

• Implemented a Quality Management System in accordance with ISO 9001:2015

Climate Goals & Targets

Environmental Challenges

• Impact of Covid-19 pandemic on business operations
• Production loss due to lockdown

Mitigation Strategies

• Regular monitoring and corrective actions
• Resumed operations but with limited capacity utilization

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Top 100 SME Award

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Installed Solar panels to save energy
• Using renewable energy through power trading to reduce overall energy cost

Social Achievements

• Company holds a peculiar commitment towards its employees and considers Employee’s well-being as our foremost responsibility.
• Provides various opportunities to the employees to develop their skills to take up higher responsibilities in the organization.

Governance Achievements

• Implemented a Quality Management System in accordance with ISO 9001:2015
• Company Strives to follow all the applicable Laws and Regulations in true letter and spirit promoting the Corporate Governance.

Climate Goals & Targets

Environmental Challenges

• Operational losses and the net worth of the Company has been fully eroded.
• Major breakdown in the Machineries which had erupted the production cycle

Mitigation Strategies

• Company is trying to arrange to fulfill its working capital requirement.
• The company is further trying to arrange to fulfill its working capital requirement.
• The company is in the process of raising additional capital of Rs. 80 Crores (approx.) by September, 2022.
• The funds so raised will be used to finance the working capital needs of the company along with repayment of existing term liabilities.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Top 100 SME Award

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Installed Solar panel to save energy
• Using renewal energy through power trading to reduce overall energy cost

Social Achievements

• Shah Metacorp Limited holds a peculiar commitment towards its employees. Since the beginning, the company has believed in working towards the welfare of its employees.
• We don’t just follow industrial law but also consider Employee’s well-being as our foremost responsibility.

Governance Achievements

• Company Strives to follow all the applicable Laws and Regulations in true letter and spirit promoting the Corporate Governance.

Climate Goals & Targets

Environmental Challenges

• High commodity prices
• Supply chain disruptions
• Raw material constraints
• Volatility of prices
• Default in payment of OTS with Omkara ARC

Mitigation Strategies

• Company is in process of obtaining balance confirmation from Trade receivables.
• The Company is confident of making payment of entire dues of Rs. 1,775 Lakhs by 30th September, 2023.
• As per the understanding of the Company and M/s. Omkara Asset Reconstruction Private Limited (“Omkara ARC”), there would not be any interest payment on default in payment of OTS.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Top 100 SME Award