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