annual-report-FY2021

210 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Please note the indicative list of various projects implemented in this regard. The complete details will be available in the Sustainability Report for the year 2020-21. Energy Savings: • Commissioned trigeneration project engaging with Energy Efficiency Services Limited • Replaced conventional fans with energy efficient BLDC fans • Installed waste heat recovery system Water Savings: • Use of low flow fixtures to reduce water consumption • Rainwater harvesting for ground water recharge • Use of ETP / STP / RO treated water for gardening, cleaning, and process application Waste Reduction: • Reduction in the use of papers by adopting digital technology • Use of shredded corrugated box strips avoiding use of bubble wraps for packing • Paint sludge sent for co-processing to cement industry 3. Does the company identify and assess potential environmental risks? Y/N Yes, the Company has a mechanism to identify and assess potential environmental risks across all locations. 4. Does the company have any project related to Clean Development Mechanism? If so, provide details thereof, in about 50 words or so. Also, if Yes, whether any environmental compliance report is filed? Yes. The name of the CDM – PoA 9731: Energy Efficiency through Micro irrigation system – India. The Registered Program of Activities (PoA) aims at encouraging energy efficiency through installation of efficient irrigation system such as drip and sprinkler irrigation replacing the conventional flood method of irrigation resulting in GHG (Green House Gas) Emission reduction & Water Conservation. It was registered in September 2013. For more details refer https://cdm.unfccc.int/ ProgrammeOfActivities/poa_db/4Z28CN6S0DEB5 F1PLIXAY9W3GMRUOQ/view . 5. Has the Company undertaken any other initiatives on – clean technology, energy efficiency, renewable energy, etc? Y/N. If yes, please give hyperlink for web page etc. Yes, the Company has undertaken following other initiatives: – • Installation of Trigeneration Project for power generation • Replacement of conventional air circulators with BLDC technology air circulators • Radiant cooling system to optimise the HVAC operating load. • Replacement of old conventional lights with LED’s • Installation of energy efficient air compressor • Replacement of old motors with premium efficiency IE3 motors • Installation of Energy efficient inverter split AC’s. • Installation of auto shut off valves for compressed air • Waste heat recovery from air compressors • Installation of IT guns for spot welding • Installation of roof top & Ground mounted Solar PV project in manufacturing plants • Installation of windmills and access renewable power through open access 6. Are the Emissions/Waste generated by the company within the permissible limits given by CPCB/SPCB for the financial year being reported? Yes 7. Number of show cause/ legal notices received from CPCB/SPCB which are pending (i.e. not resolved to satisfaction) as on end of Financial Year. NIL Principle 7: Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner 1. Is your company a member of any trade and chamber or association? If Yes, Name only those major ones that your business deals with: Yes. The Company is a member of the following trade and chamber or association in alphabetical order: a) The Associated Chambers of Commerce and Industry of India (ASSOCHAM) b) Bombay Chamber of Commerce and Industry (BCCI) c) Confederation of Indian Industry (CII) d) Employers’ Federation of India (EFI)