Patel Engineering Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:37,420.07 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:6,120.07 tCO2e/year
Scope 2 Emissions:31,30,88,45,774.5 tCO2e/year
Renewable Energy Share:85% (at some sites)
Water Consumption:92,09,22,536.80 kl/year
Waste Generated:11,132.52 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Initiatives to procure green power at project sites, resulting in cost savings and reduced carbon emissions.
- Implementation of waste management practices, including recycling and reuse of construction and demolition waste.
- Efforts to minimize energy intensity through conservation and adoption of green energy solutions.
Social Achievements
- Implementation of Integrated Management System (IMS) across multiple project sites, enhancing health and safety practices.
- Conducting over 4,129 training sessions for employees and workers on HSE and climate change topics.
- Engagement of local vendors and MSMEs, generating local employment opportunities.
Governance Achievements
- Establishment of a comprehensive Sustainable Sourcing Policy and Procedure.
- Constitution of a BRSR committee headed by a Director for decision-making on sustainability issues.
- Implementation of SAP and Legal Compliance Management Software across project sites.
Climate Goals & Targets
Long-term Goals:
- Building carbon-neutral projects over the years to meet national goals
Medium-term Goals:
- Reduce CO2 emissions from construction projects by 50% by 2040
Short-term Goals:
- Implementation of Integrated Management System in all leading worksites (2022-2025)
- Achieve zero-incident rate by December 2024
- Implement a sustainable sourcing policy by December 2024
Environmental Challenges
- High consumption of fossil fuel-based energy during construction activities.
- Sourcing of materials from large distances, leading to increased carbon emissions and procurement lead times.
- Consumption of natural resources like water, fuel, and aggregates during construction.
- Social disruption during project execution and local pressure groups for employment or other opportunities.
- Natural disasters impacting project sites.
Mitigation Strategies
- Utilizing green energy at project sites.
- Procuring bulk materials, installing batching plants, and engaging vendors near project sites.
- Implementing waste water treatment, recycling waste concrete, and using energy-efficient equipment.
- Encouraging social dialogue, providing local employment opportunities, and running social development projects.
- Developing robust HSE systems to mitigate risks and improve safety.
Supply Chain Management
Supplier Audits: 100% (Health and safety practices and working conditions)
Responsible Procurement
- Sustainable Sourcing Policy and Procedure
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Floods
Transition Risks
- Challenges in adopting latest technology and green solutions due to government tenders.
Opportunities
- Green power procurement
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001, ISO 14001, ISO 45001