Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Customer-centricity
• Innovation and Technology
• Safety
• Community Development

Environmental Achievements

• Birla Century reduced its GHG emissions by 4.5%
• Century Pulp and Paper reduced water consumption by 4.6%
• Birla Century reduced water consumption by 17.45%
• Birla Vanya project designed to save and reuse up to 35% water post-occupancy
• Use of light grey concrete and open grid pavers in Birla Vanya to reduce heat island effect
• Century Pulp and Paper’s Lalkuan plant won CII National Award for ‘Energy Efficient Unit’
• Zero liquid discharge effluent plant at Birla Century
• No plastic usage at Birla Century

Social Achievements

• Community initiatives focused on healthcare, education, and livelihood, empowering women
• Century Pulp and Paper’s Lalkuan facility is a committed employer of the local community
• Birla Century’s Jhagadia facility has strong ties with the local community
• CSR spending of ₹5.11 Crores impacting 27,000+ beneficiaries
• Birla Estates launched two new projects with strong sales performance (Birla Vanya and Birla Alokya)

Governance Achievements

• Demerger of the cement business to sharpen focus on Real Estate, Textiles, and Pulp and Paper businesses
• Robust familiarisation process for newly appointed Directors
• Annual performance evaluation of the Board, Directors, and Committees
• Vigil mechanism in place for Directors and Employees to report unethical conduct
• Risk Management Committee reviews the risk management plan/process

Climate Goals & Targets

Environmental Challenges

• Weak domestic textile market and COVID-19 impact
• Liquidity crunch and uncertainty in textile orders
• COVID-19 impact on the overall business environment
• Supply chain disruptions and subdued market conditions in the pulp and paper sector
• Wood and bagasse availability constraints in the pulp and paper industry
• COVID-19 impact on real estate sector (migrant workforce, liquidity crisis, slowdown in sales and collections)
• Procedural delays in land use, project launches, and construction approvals in real estate

Mitigation Strategies

• Structural changes in Birla Century to make it lean and agile
• Focus on cost cutting, improving productivity, and quality in textiles
• Improving operational efficiencies in the pulp and paper division
• Asset-light model in real estate with minimal upfront investment
• Innovation and revision of product offerings in real estate to meet changing consumer preferences
• Conserving cash, advancing consumer connect, and accelerating digital technologies adoption

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of raw materials (BCI cotton, organic cotton, etc.)
• Local sourcing of raw materials

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Birla Care (anti-microbial fabrics)
• Biodegradable board products (Pulp and Paper)
• Green and innovative value-added products to replace plastics

Awards & Recognition

• Project Launch of the Year (Birla Estates)
• Innovative Marketing campaign of the year (Birla Estates)
• Iconic Marketing Campaign of the Year (Birla Estates)
• ACE Alliance Award 2019 (Birla Estates)
• Silver Medal from the International Research Institute for Manufacturing (Birla Century)
• CII National Award for ‘Energy Efficient Unit’ (Century Pulp & Paper)
• Business Leader of the Year – Manufacturing Excellence (Century Pulp & Paper)
• 1st Prize in the All India Farmers’ Fair (Century Pulp & Paper)
• 1st prize for “Green Concept Display” (Century Pulp & Paper)

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Climate Change Adaptation
• Occupational Health and Safety
• Water Resilience
• Waste Management
• Human Rights (Diversity and Inclusion)
• Biodiversity Management
• Supply Chain Management
• Talent Management
• Corporate Governance
• Strategic Stakeholder Engagement

Environmental Achievements

• Reduced specific water consumption in CPP and Birla Century by 4.2% & 1.9% respectively from FY 20-21 to FY 21-22
• Avoided 21,400 tCO2e GHG emissions (scope 1 and 2)
• Reduced specific GHG emissions by CPP by 6.9% from base year FY 19-20
• Recycled/reused 39.2% of total water withdrawal
• Recycled/reused 68% of waste
• 45% of total energy consumption met by renewable energy
• Saved 29,290 GJ of electrical energy
• Saved 34,576 MT of steam
• Birla Niyaara received LEED v4.1 Residential USGBC Platinum certification

Social Achievements

• Invested ₹6.65 Crore in community development initiatives, impacting 63,750 people
• Provided 35,856 hours of training to employees
• Zero fatalities for permanent employees
• Launched mental health initiative 'Making Individuals and Teams Resilient (MITR)'
• Implemented various COVID-19 safety protocols

Governance Achievements

• Established a comprehensive Risk Management Framework
• Implemented ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards
• No incidents of non-compliance with environmental laws and regulations

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19 and geopolitical conflicts
• Increased cost of raw materials
• Availability of raw materials (wood, wastepaper)
• Competition in the market
• Delay in project completion due to government approvals
• Non-compliance with GDPR
• Insufficient plant capacity and narrow product range in home textile segment

Mitigation Strategies

• Developed alternative sourcing strategies
• Implemented efficient cash management and working capital management
• Focused on new product development and value-added products
• Expanded product portfolio
• Adherence to timelines for compliances and permissions
• Strong framework and periodic review of data privacy policy
• Capacity expansion for processing fabric

Supply Chain Management

Responsible Procurement

• Supply Chain Code of Conduct
• Periodic assessment of suppliers
• Preference for local suppliers
• ESG criteria screening of key suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI) Standards: Core option

Certifications: ISO 9001, ISO 14001, ISO 45001, LEED, IGBC Gold and Platinum, FSC, BIS Eco Mark, PREPS, Higg Index, STeP, MIG, GOTS, ZDHC, GRS, RCS, SA8000, SMETA

UN Sustainable Development Goals

• 3
• 4
• 5
• 6
• 7
• 8
• 9
• 10
• 12
• 13
• 15
• 17

Initiatives contribute to these goals through community development, education, gender equality, water conservation, renewable energy, economic growth, responsible production, reduced inequalities, and partnerships

Sustainable Products & Innovation

• Antifungal ARSR paper
• Century Green Pulp
• High BF Kraft paper
• Recycled cotton fiber products
• Products with BCI cotton, organic cotton, hemp fiber, lyocell fiber, banana fiber

Awards & Recognition

• National Awards for Manufacturing Competitiveness (NAMC) Gold
• SEEM National Energy Management Award Gold
• FAME Excellence Award Platinum for Occupational Health & Safety
• Times Real Estate Conclave Awards 2021
• Economic Times Best Brands Awards 2021
• Golden Peacock Award for Energy Efficiency
• SNEMA Gold Award

Environmental Metrics

ESG Focus Areas

• Customer Centricity
• Sustainability
• Responsible Business
• Creating Value for Stakeholders
• Innovation

Environmental Achievements

• 7% year-on-year reduction in Scope 1 emissions
• 40% of total energy consumption from renewable sources
• 6% year-on-year reduction in water withdrawal
• 99% of waste diverted from disposal

Social Achievements

• Various CSR initiatives impacting approximately 66,766 beneficiaries
• Implementation of MITR training program for mental well-being
• Construction of 200 Vermicompost units in Jhagadia Taluka villages
• Setup of smart classes at Valia and Borida Primary Schools

Governance Achievements

• No instances of non-compliances with applicable laws
• Robust internal financial control systems in place
• Implementation of CTIL Employee Stock Option Scheme 2023

Climate Goals & Targets

Environmental Challenges

• Ukraine-Russia conflict causing inflationary pressure and supply chain disruptions
• Potential risks of pandemic reoccurrence
• Competition risk
• Operational risk
• Cybersecurity and data protection risk

Mitigation Strategies

• Regular monitoring and assessment of business operations
• Stringent cost control measures
• Emphasis on energy and water conservation
• Well-defined ERM policy and mechanism
• Periodic review of risk register

Supply Chain Management

Supplier Audits: 100% of suppliers screened on ESG criteria

Responsible Procurement

• Prioritising local suppliers
• Rigorous screening based on environmental and social parameters
• Adherence to SA8000 standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Integrated Reporting Framework (IFRS), GRI Standards 2021, UN Sustainable Development Goals

Certifications: ISO 9001, ISO 14001, ISO 45001, FSC C104223, NABL 17025:2017, MADE IN GREEN, STeP, Fair Trade Certification, Supima

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13
• Goal 15

Various initiatives contribute to these goals as detailed throughout the report.

Sustainable Products & Innovation

• Neem Tulsi Finish fabric
• Recycled cotton products
• Organic products
• American A4 Copier paper
• Ultrasoft Tissue
• Altag Blends
• Banana Blends
• Reusable Packaging Bags

Awards & Recognition

• Realty+ Conclave & Excellence Awards
• ET’s Best Brands 2022
• Apex India Occupational Health & Safety Award
• RoSPA Health & Safety Awards
• CIDC Vishwakarma Award
• GOLD NAMC Award
• SEEM National Energy Management Award
• All India Farmers’ Fair and Agro-Industrial Exhibition prizes
• Top Performer in PAT Cycle II

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance
• Customer Centricity
• Innovation
• Responsible Business

Environmental Achievements

• 12% Reduction in energy consumption intensity compared to FY 2022-23
• 9% Reduction in water withdrawal compared to FY 2022-23
• Birla Centurion achieved Zero Liquid Discharge (ZLD)
• Maintained 99% diversion of waste from landfill
• All commercial Buildings are IGBC Platinum Certified
• 5 residential Buildings have achieved IGBC/LEED Gold or Higher Pre-Certification
• 62.04% of our input materials are sourced responsibly and sustainably
• 32% of total energy consumption from renewable sources

Social Achievements

• ₹ 4.88 Crores spent on CSR projects
• 1,18,208 Lives impacted through CSR initiatives
• 19% Increase in diversity ratio compared to FY 2022-23
• 16.54 hours of average training provided to employees and workers
• Zero fatalities across CTIL’s operations for FY 2023-24

Governance Achievements

• 29% of the Board comprises of female
• Zero instances of data breaches were observed during the reporting year
• Zero complaints received with respect to data privacy, advertising, cybersecurity
• No fines/penalties related to anti-competitive practices
• Information Security Management System (ISO:27001) certified

Climate Goals & Targets

Environmental Challenges

• Low-priced imports and surplus supply in Pulp and Paper Division
• Adverse market conditions in Textile Division leading to operational losses
• Rising raw material costs in Pulp and Paper
• Wood scarcity in Pulp and Paper
• Competition from imports in Pulp and Paper
• Streamlining approvals in Real Estate

Mitigation Strategies

• Restructuring process for Textile Business Operations, discontinuing operations except for supplying yarn to Birla Advanced Knits Pvt. Ltd.
• Implementing modernization and technological upgrade programs across all units
• Stringent cost-control measures
• Energy and water conservation efforts
• Sustainable construction methods and waste management systems in Real Estate
• Efficient project delivery through scalable outsourcing model in Real Estate

Supply Chain Management

Responsible Procurement

• Responsible sourcing practices
• Ethical practices
• Prioritising local suppliers
• Net-zero and Green Procurement policies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Integrated Reporting Framework (IFRS), GRI Standards 2021, UN SDGs, Companies Act, 2013, Indian Accounting Standards, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Secretarial Standards, BRSR

Certifications: ISO 9001, ISO 14001, ISO 45001, IGBC Platinum, LEED Gold or higher, ISO:27001

Third-party Assurance: TUV India Private Limited

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 6 (Clean Water and Sanitation)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 17 (Partnerships for the Goals)

The Company's initiatives are aligned with these goals through various environmental, social, and governance programs.

Sustainable Products & Innovation

• Century Green Pulp
• Carrier Tissue
• Oil and Grease Resistance (OGR) Paper
• Brown carrier tissue
• Ultra-soft tissue
• Cigarette boards
• Straw paper

Awards & Recognition

• Safety Shield Award and Five Golden Stars Award (Birla Tisya)
• 15th CIDC Vishwakarma Safety Award 2024 (Birla Niyaara)
• Platinum Award for Quality Excellence at Apex India Quality Excellence Award 2023 and National EHS Award (Birla Navya)
• SEEM National Energy Management Gold Award (Birla Century)
• Greentech Safety Gold Award 2023 (Birla Century)
• First prize in 114th and 115th All India Farmers’ Fair and Agro-Industrial Exhibition (Century Pulp & Paper)
• Award for Creativity for plantation activities (Century Pulp & Paper)