Climate Change Data

Pondy Oxides and Chemicals Limited

Climate Impact & Sustainability Data (2022-23, 2023-04-01 to 2024-03-31, 2024-07 to 2024-12)

Reporting Period: 2022-23

Environmental Metrics

Waste Generated:70,000 Metric Tonnes Scrap Recycled

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Partnership with ACE Green Recycling to establish a GHG emission-free battery recycling facility.
  • Implementation of energy-efficient initiatives, including energy-efficient utility equipment, LED lighting, and PV solar systems.
  • Tree plantation programs to enhance green coverage around plants.

Social Achievements

  • Employee well-being programs including health and wellness initiatives, safety programs, and environmental programs.
  • Culture and diversity initiatives promoting diversity, equity, and inclusion.
  • Employee engagement initiatives fostering communication, feedback, and recognition.

Governance Achievements

  • Compliance with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India.
  • Annual performance evaluation of the Board, its Committees, and Directors.
  • Adoption of a Whistle Blower Policy establishing a vigil mechanism.

Climate Goals & Targets

Long-term Goals:
  • Continue contributing to circular economy in recycling verticals viz. Lead, Aluminum,Copper and Plastics. Further, based on viability, in lithium-ion recycling, e-waste, rubber, oil, glass, paper, and value-added products.
Medium-term Goals:
  • To be amongst the top 5 global companies in recycling by 2027 and achieve a turnover of over USD 1 Billion before the end of this decade.
  • Increase share of business in other non-ferrous metals and plastics to 25% with a diversified portfolio.
Short-term Goals:
  • Additional 10% revenue growth in the current financial year.

Environmental Challenges

  • Presence of multiple lead recycling units with small capacities authorized by pollution control boards.
  • Instability in the global market.
  • Fluctuations in metal prices.
Mitigation Strategies
  • Advocating for minimum quantity for small recyclers to support the growth of the organized sector.
  • Focus on operational excellence and marketing strategies.
  • Strategic approach in pricing to accommodate market fluctuations.

Supply Chain Management

Responsible Procurement
  • Multi-sourcing procurement from 90+ countries.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Ind AS

Certifications: ISO 9001:2015, ISO 14001:2015, T3 Certification

Third-party Assurance: M/s. L. Mukundan & Associates, Chartered Accountants

Sustainable Products & Innovation

  • GHG emission-free battery recycling facility

Awards & Recognition

  • Three Star Export House certification

Reporting Period: 2023-04-01 to 2024-03-31

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

  • Sustainability
  • Innovation
  • Responsible Manufacturing Practices
  • Recycling
  • Circular Economy

Environmental Achievements

  • New plant in Thervoykandigai, Tamil Nadu, commissioned in FY2024 with cutting-edge automation to improve operational efficiency, integration of processes and reducing the carbon footprint.
  • Increased proportion of battery scrap in input raw material portfolio to increase value addition and improve overall margins.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Expansion of lead production capacities from 1,32,000 metric tonnes per annum to 2,04,000 metric tonnes per annum in two phases.
Short-term Goals:
  • Commissioning of new plant in Thervoykandigai, Tamil Nadu (36,000 Metric Tonne per Annum capacity in first phase).

Environmental Challenges

  • Global market dynamics and sector-specific demand trends influencing LME prices.
  • Supply chain disruptions
  • Rising geopolitical tensions
  • Climate change
Mitigation Strategies
  • Focus on operational performance, strategic investments, and a strong commitment to innovation and sustainability.
  • Strategic acquisition of an aggregate Industrial land parcel of 122.65 acres at Mundra, Gujarat to serve the Western Region effectively and expand export capabilities.
  • Issue and allotment of equity shares and warrants on preferential basis to utilize proceeds towards capex for capacity expansion.

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

  • Not disclosed

Reporting Period: 2024-07 to 2024-12

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Substitution of Fuel from Furnace Oil to LNG to reduce carbon footprint
  • Air & Water Pollution Mitigation is done through state-of-the-art Air Pollution Control Systems & Effluent Treatment Plants
  • Increasing Green Coverage - Tree plantation programs in factory premises

Social Achievements

  • Employee Well-Being – Employee safety & well-being programs implemented
  • Diversity & Inclusion -Opportunities to develop cross-cultural, ethnic, & lifestyle collaboration skills
  • Social Engagement - Includes promoting education, employment, vocational skills & preventive healthcare and sanitation

Governance Achievements

  • Board Composition – 50% Independent Directors
  • Board Diversity – 17%
  • Executive compensation policy – Incentive Based
  • Zero Complaints – of any breaches

Climate Goals & Targets

Long-term Goals:
  • To be the most valuable recycling company in the world adopting responsible and sustainable manufacturing practices by 2028
  • To be a leading global recycling company by 2028
Medium-term Goals:
  • Achieve 15%+ volume growth, 20%+ revenue CAGR, and profitability
  • Achieve EBITDA margins above 8%, ROCE over 20%

Supply Chain Management

Responsible Procurement
  • Responsible sourcing practices
  • Multi-Sourcing strategy – Procured RM from over 70+ Countries

Climate-Related Risks & Opportunities