Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Climate Goals & Targets

Environmental Challenges

• India is trailing with regard to sustainability performance and ranks 120th out of 165 countries in terms of total progress towards achieving all SDGs
• The size of ESG investments in India from a global sustainability AUM perspective is currently negligible

Mitigation Strategies

• India committing to a 2070 deadline to achieve net-zero emissions
• Regulatory steps such as the introduction of stewardship codes for institutional investors and the Business Responsibility and Sustainability Reporting (BRSR) framework
• Government initiatives such as Pradhan Mantri Jan Dhan Yojna, Pradhan Mantri Ujjwala Yojna, Bharat VI emission norms, and the Ethanol Blending Policy

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Environmental Metrics

ESG Focus Areas

• Sustainability
• Waste Management
• Greenhouse Gas Emissions Reduction

Environmental Achievements

• Goa manufacturing plant is a ‘zero waste to landfill’ site.
• Goa plant reduced carbon emissions by 18% over the last five years.
• Goa plant improved energy and water efficiency by 75% over the last five years.
• Commitment to make all packaging 100% recyclable or reusable by 2030.
• Goal to cut greenhouse gas emissions in half at all manufacturing sites by 2030 compared to 2010 baseline.

Social Achievements

• Whisper school program reached 5 million girls across 40,000 schools in FY19, educating on menstrual hygiene.
• Partnership with Goa government to create a menstrual hygiene management educational module for government schools.
• Vicks #TouchOfCare One in a Million campaign won multiple awards at Cannes Lion 2019.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Higher raw material costs (increased by 330bp YoY to 41.9% in FY19 due to absence of input tax credit).
• Increased other expenses (130bp YoY to 17%),
• Increased rent (40bp to 2.1%),
• Increased processing charges (130bp YoY to 4.6%),
• Increased outsourcing expenses (40bp to 2.1%).
• Potential price caps on feminine hygiene products by the government.

Mitigation Strategies

• Focus on improving productivity and strengthening brand fundamentals.
• Implementing strategies to recover and recycle multi-layered plastic packaging waste.
• Working with waste management companies and the industry to collect, segregate and recycle multi-layered plastic packaging waste.
• Moderation in ad spends and premiumization to expand EBITDA margins in the future.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Vicks #TouchOfCare One in a Million campaign won multiple awards at Cannes Lion 2019.