Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Environment
• Technology Adoption
• Customer Centricity
• Sustainable and Profitable Growth

Environmental Achievements

• FY 2017-18 was one of the safest years in the history of JMC.
• Received two international RoSPA awards for safety, numerous CIDC awards for safety, quality and performance

Social Achievements

• Bagged Global HR Excellence awards and GreenTech award for “Innovative Retention Strategy” and “Excellence in Training and Development”, indicating efforts towards retention and people development.
• Employee engagement survey revealed that 84% of employees experience the company as a “Happy Place To Work.”

Governance Achievements

• Successfully implemented ‘Optimus’, a flagship SAP-led business transformation project.
• Improved project management, optimized costs, enhanced operational efficiency and implemented superior construction technology.

Climate Goals & Targets

Environmental Challenges

• Stiff competition leading to price-cuts
• High volatility in prices of major inputs such as steel, cement, building materials, petroleum products
• Change in government regulations, tax laws, economic developments within the country
• Litigation and industrial relations
• Low wage expectancy of workers leading to traditional work practices
• Limited land availability and rising costs making projects non-feasible
• Lack of skilled labor and latest technology
• Environmental concerns and regulations requiring more advanced technology and skilled manpower

Mitigation Strategies

• Sound defensive strategy, brand building, high-quality output, wide customer base, marketing initiatives
• Strict monitoring of prices, fixed-rate contracts for bulk materials, price escalation clauses
• Close monitoring of currency movements, optimum inventory of imported raw materials
• Well-established HR policies, best-in-class practices to develop, nurture and retain talent
• Pre-qualification of sub-contractors, active monitoring of performance and payments
• Quarterly review of risk management practices, addressing risks to key business objectives
• Implementation of SAP HANA to standardize key processes and improve internal controls
• Continuous improvement in EHS programs, focusing on zero incidents, and adopting best practices

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001:2015, ISO 14000:2004, BS OHSAS 18001:2007

Awards & Recognition

• Excellence in Training and Development Award
• Innovative Retention Strategy Award from World HR Congress 2018
• Best Construction Company 2017 Award from CARE Ratings
• RoSPA Gold Award for Safety 2017
• National Safety Awards 2017
• SAP ACE Award 2018
• British Safety Council International Safety Award for Performance in 2017

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Planted 5,021 saplings on World Environment Day 2020
• Reduced energy consumption by adopting new techniques and alternate methods such as solar lights and use of LED bulbs
• Implemented Mivan Shuttering, eliminating plywood use and reducing waste

Social Achievements

• Provided accommodation, food, and healthcare facilities to over 25,000 workmen during the COVID-19 pandemic
• Conducted 77,872 training hours for payroll employees
• Launched a customized Management Development Program

Governance Achievements

• Established a Whistle Blower Policy
• Implemented robust EHS review mechanism
• Established significant corporate policies

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic causing major disruptions to the supply chain and resulting in low customer demands
• Shortage of labour due to reverse migration
• Rising material costs due to supply chain disruptions
• Lower consumer demand due to higher unemployment rates

Mitigation Strategies

• Developed contingency plans and reviewed them according to changing circumstances
• Maintained healthy relationships with suppliers
• Implemented prudent cash management and efficient working capital management
• Implemented cost reduction measures

Supply Chain Management

Responsible Procurement

• Green procurement practices
• Responsible sourcing of materials and equipment keeping in mind emission norms, safety, human rights and ethics

Climate-Related Risks & Opportunities

Awards & Recognition

• 5 RoSPA Awards
• 2 British Safety Council merit awards
• 17 CIDC Vishwakarma national awards
• 5 National Safety Awards from National Safety Council

Environmental Metrics

ESG Focus Areas

• Sustainability
• EHS (Environment, Health, and Safety)
• ESG (Environmental, Social, and Governance)

Environmental Achievements

• KPTL operates two biomass-based power generation plants using agricultural waste, achieving Gold Standard Certification.
• Targeting consistent improvement in EHS parameters

Social Achievements

• KPTL’s Biomass Power Plants contribute to inclusive development and rural employment.
• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Increase in commodity prices, rise in freight cost & supply chain disruptions
• Delay in award finalisation & competitive environment

Mitigation Strategies

• Adopting a cautious approach in bidding to minimize risk and deliver profitable growth
• Focusing to expand non T&D businesses in international market
• Continue to invest in technology and sustainability initiatives

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: Gold Standard Certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Development of low carbon infrastructure solutions –Metro Rail and Railway Electrification
• Energy efficient buildings
• Water transmission and distribution in rural areas
• Development of gas transportation infrastructure

Awards & Recognition

• Not disclosed