Climate Change Data

Shyam Metalics and Energy Limited

Climate Impact & Sustainability Data (2021-2022, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2021-2022

Environmental Metrics

Renewable Energy Share:80%

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced water consumption by recycling and reusing water
  • Manufactured fly ash bricks through various industrial wastes
  • Commissioned floating solar plant of 1.23 MW capacity

Social Achievements

  • Yearly Eye & Medical Camp for Villagers
  • Free Ambulance & Drinking Water Services for villagers
  • Women Empowerment

Governance Achievements

  • Appointed Growlity Inc., management consultants for a comprehensive diagnostic study on ESG fundamentals

Climate Goals & Targets

Environmental Challenges

  • Global supply chain disruptions
  • Geo-political tensions
  • Pandemic related restrictions
Mitigation Strategies
  • Focus on operational excellence
  • Marketing strategies
  • Enhanced safety and hygiene norms at offices
  • Implemented work from home
  • Staggered shift timings

Supply Chain Management

Responsible Procurement
  • Long-term agreements with suppliers
  • Focus on procuring materials from local areas

Climate-Related Risks & Opportunities

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:4671629.94 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:4671629.94 tCO2e/year
Scope 2 Emissions:474325.39 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:322,71,026.91 GJ/year
Water Consumption:85,84,945 kl/year
Waste Generated:282256.88 tons/year
Carbon Intensity:3.18 tCO2e/ton (Scope 1 & 2)

ESG Focus Areas

  • Ethical, Transparent and Accountable Business Conduct
  • Sustainable and Safe Goods and Services
  • Employee Well-being
  • Stakeholder Engagement
  • Human Rights
  • Environmental Protection
  • Responsible Policy Engagement
  • Inclusive Growth
  • Responsible Consumer Engagement

Environmental Achievements

  • Implemented Zero Liquid Discharge principle
  • Reduced specific energy consumption under PAT scheme

Social Achievements

  • Implemented occupational health and safety management system covering 100% of employees and workers
  • Provided training on health and safety measures and skill upgradation to 100% of employees and workers

Governance Achievements

  • Established a robust Grievance Redressal process
  • Implemented anti-corruption and anti-bribery policies

Climate Goals & Targets

Long-term Goals:
  • Setting targets for Sustainability KPIs related to climate change, energy, water, waste, air emissions and biodiversity for short term (2030) and long term (2050) goals.
Medium-term Goals:
  • Setting targets for Sustainability KPIs related to climate change, energy, water, waste, air emissions and biodiversity for short term (2030) and long term (2050) goals.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Environmental Impact Assessment
  • Anti-corruption practices
  • Health & safety of employees
  • GHG emissions and climate change
  • Sustainability in the supply chain
  • Water and effluents
  • Air pollution
Mitigation Strategies
  • The financial implications related to risk and opportunity will be worked out by the company in due course of time
  • Company has ‘zero tolerance’ of any practice that may be classified as corruption, bribery or giving or receipt of bribes
  • Systematic risk management process to identify and control all the hazards
  • Shifting towards renewable sources of energy
  • Sustainable sourcing policy in progress
  • Waste Water Treatment Plants
  • Regular safety audits and corrective actions

Supply Chain Management

Supplier Audits: Periodic inspections of material value chain partners are performed.

Responsible Procurement
  • Sustainable sourcing policy in progress
  • Supplier/Vendor Code of Conduct (SCoC) in progress

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Cleenviron and Envomin Consultant Pvt. Ltd (partial)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:41,78,180.58 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:37,29,472.08 tCO2e/year
Scope 2 Emissions:4,48,708.4985 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:3.84% of total energy use
Total Energy Consumption:2,19,49,229.27 GJ/year
Water Consumption:56,22,817 kl/year
Waste Generated:52,233.36 tons/year
Carbon Intensity:0.476 tCO2e/ton (Scope 1 & 2)

ESG Focus Areas

  • Climate Change
  • Energy
  • Water
  • Waste
  • Air Emissions
  • Biodiversity
  • Health & Safety
  • Community Development
  • Human Rights
  • Supplier Sustainability
  • Responsible Business Conduct

Environmental Achievements

  • Reduced CO2 emissions by 12.5 Lacs Kg annually through solarization project (1.085 MWp)
  • Implemented Zero Liquid Discharge (ZLD) in all plants
  • Investment in emission control technology

Social Achievements

  • Launched various employee well-being programs (health insurance, accident insurance, maternity benefits etc.)
  • Implemented robust grievance redressal mechanisms for employees and workers
  • CSR initiatives benefiting 130000+ persons

Governance Achievements

  • Established several Board committees responsible for sustainability (CSR, Risk Management, Stakeholder Relationship, Audit, Nomination & Remuneration)
  • Implemented Anti-Corruption and Anti-Bribery Policy
  • Regular audits by internal auditors and regulatory bodies

Climate Goals & Targets

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

Environmental Challenges

  • GHG emissions and climate change
  • Water resource management
  • Air pollution
  • Supply chain sustainability
  • Corruption
  • Health & safety of employees and workers
Mitigation Strategies
  • Solarization project
  • Emission control technologies
  • Zero Liquid Discharge (ZLD)
  • Water conservation techniques
  • Robust occupational health and safety management system (ISO 45001)
  • Anti-corruption and anti-bribery policy
  • Sustainable sourcing policy (under development)
  • Supplier audits

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier/Vendor Code of Conduct (SCoC)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Resource scarcity
Transition Risks
  • Regulatory changes
  • Market shifts
  • Reputational damage
Opportunities
  • Development of energy-efficient products
  • Renewable energy investments

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 45001, BIS Registration IS 1786 TMT, BIS Registration IS 2830 Billet, Green Pro certification of TMT & Structural Products

Third-party Assurance: Not Applicable

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • GreenPro certification