Climate Change Data

Shriram Pistons & Rings Limited

Climate Impact & Sustainability Data (2022-23, FY2024)

Reporting Period: 2022-23

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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: FY2024

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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 20% Increase in Renewable Energy mix
  • 30% Increase in use of Recycled Material
  • 100% Used water recycled
  • 0% Waste disposal to landfill
  • 9% Reduction Consumption in Energy
  • 20% Reduction in Scope II Emissions
  • 8% Reduction Intensity Water
  • Elimination of Wooden Pallets & Recycling of Packaging Material
  • 200% water positive by rainwater harvesting projects in nearby villages

Social Achievements

  • 10% Reduction in Attrition Rate
  • #2 days trainings on average per employee
  • Skill & upgradation employees
  • Focus on Inclusion and Gender Diversity – employing women workers on shop floor
  • Initiated special programs woman empowerment
  • Mobile medical van & charitable Dispensaries in nearby area
  • Empowering women in rural communities earn livelihood by acquiring Tailoring skills

Governance Achievements

  • Strong commitment of Board to good corporate governance
  • Voluntary disclosure of BRSR
  • Robust Ethics framework in place
  • Compliance management tool in place
  • Innovation & intellectual property-oriented culture reflected in patents filled
  • Won the “Golden Peacock“ award from Institute of Directors – London for Good Corporate Governance
  • 95% of critical Suppliers on-boarded are environment compliant
  • Adoption of Human Rights policy
  • Inclusion of ESG in EHS policy
  • Anti-corruption and No Bribery policy
  • Code of Conduct & Ethics
  • No Child Labour
  • Freedom of Association
  • Equal & Fair Treatment practices

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Preference given to local & MSME vendors

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: BRSR, CDP, ECOVADIS, SAQ

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Golden Peacock Award for Excellence in Corporate Governance
  • Sword Of Honour from British Safety Council
  • Lakshman Rao Kirloskar Award: Best Foundry of the Year
  • Outstanding Industrial Relations - 2nd Runner Up
  • Excellence Award from Indian National Suggestion Schemes' Association
  • Gold Award in Exports from Federation of Indian Exports Organisation
  • Atmanirbhar Excellence Award For Exports
  • Excellence in New Product Design, Development & Localisation
  • Excellence in HSE
  • Excellence in Human Resource
  • Star Performer - Engine Parts
  • Export Excellence – Northern
  • Quality Award
  • National Digi-tech Award
  • 50 Most Innovative Companies
  • Platinum Award – Control Category
  • Strong Commitment to HR Excellence
  • TPM Excellence Award to Ghaziabad & Pathredi plants
  • Award For Excellence In Technology
  • TPM Special Award For Excellence