Principle 2
Essential Indicators
1. Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively
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Current Financial Year
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Previous Financial Year
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Details of improvements in environmental and social impacts
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|---|---|---|---|
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R&D
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2.3 crore
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1.05 crore
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Further Reduction of clinker factor by 1 to 2% in existing products of PPC/ PSC /PCC by optimising product mix
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|
Capex
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0.13 crore
|
Nil
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Development of calcined clay limestone based cement with 50% clinker to significantly reduce carbon foot print as compared to Ordinary Portland cement
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2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No)
Yes.
b. If yes, what percentage of inputs were sourced sustainably?
Yes.
- The company has a well-defined Supplier Code of Conduct, which helps the Company to integrate ESG parameter in its procurement.
- We have procedures in place for sustainable sourcing in terms of new supplier registration and Group General Terms Conditions is part of all the major procurements.
- As part of sustainable sourcing, more than 99.84% of input material is sourced locally i.e. within India.
- A large quantum of input material is recycled waste material consisting of industrial, municipal and agriculture waste.
3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for (a) Plastics (including packaging) (b) E-waste (c) Hazardous waste and (d) other waste.
- We do not reclaim our products. The Company follows circular economy principles in the manufacturing and end use stage of the product lifecycle.
- The plastic used for packaging as well as generated otherwise is co-processed in cement kiln. The Company is plastic negative.
- Cement manufacturing process does not produce any E-waste. However, E-waste is produced from office operations. All of e-waste generated is sold to registered recyclers.
- Major quantity of hazardous waste generated during the process is co-processed in kiln within plant as per the permission from State Pollution Control Board. Remaining hazardous waste is sent to common incinerator authorised by State Pollution Control Board.
4. Whether Extended Producer Responsibility (EPR) is applicable to the entity’s activities (Yes / No). If yes, whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted to Pollution Control Boards? If not, provide steps taken to address the same.
Yes. Extended Producer Responsibility is applicable to the Company and the Company has registered on government EPR portal as Brand Owner. The Company collects the Waste through its waste management arm ‘Geoclean’ and co-processes it in cement kilns.