Future Consumer Limited 41

SECTION A: GENERAL DISCLOSURES

Statutory Report
I. Details of the listed entity

1 Corporate Identity Number (CIN) of the Company L52602MH1996PLC192090

2 Name of the Listed Entity Future Consumer Limited
3 Year of incorporationDate 1996
10th July
4
Link Road, Jogeshwari (East), Mumbai – 400 060
5 Corporate address
Link Road, Jogeshwari (East), Mumbai – 400 060
6 E-mail [email protected]

FMCG 2.0
7 Telephone 022-40552200
8 Website www.futureconsumer.in
9 Financial year for which reporting is being done 2023-24
10 Name of the Stock Exchange(s) where shares are listed BSE Limited
National Stock Exchange of India Limited
11 Paid-up Capital Rs. 1,19,822.08 Lakhs
12 Name and contact details (telephone, email address) ofthe Mr. Samson Samuel
person who may be contacted in case of any querieson the Managing Director
BRSR report [email protected]
13 Reporting boundary Standalone basis
II. Products/services
14. Details of business activities

S. Description of Main Description of Business Activity NIC Code % of Turnover of

No Activity The Entity
1 FMCG Manufacturing of packaged food, home care, personal 46909 100%
hygiene care and packaged staple products
15. Products/Services sold by the entity

S. Product/Service Description of Business Activity NIC Code % of total Turnover

No contributed
1 Home Care and Personal Sourcing, Manufacturing Packaging, 46909 23%
Care Branding, Distribution of home care and personal care
products
2 Staples Sourcing, Packaging, branding, 46909 69%
marketing and distribution of food staples
3 Grain Milling - Rice Sourcing, Manufacturing and packaging of 46909 8%
rice products
III. Operations

Location Number of plants Total

National 4 5
Distribution Centre-0
International - - -

Annual Report 2023-24

42

17. Markets served by the entity:

a. Number of locations
Locations Number
National (No. of States) 17
International (No. of Countries) -
b. What is the contribution of exports as a percentage of the total turnover of the entity?
Not Applicable
c. A brief type of customers
Future Consumer Limited serves a diverse customer base across all age groups and geographic locations, with operations in six

Our business partners with e-commerce platforms, retail stores, and institutional clients, allowing us to meet varied needs and

Consumer Limited as a leader in delivering quality and customer satisfaction.

IV. Employees
18. Details as at the end of Financial Year:

S. Particulars Total (A) Male Female

No. No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1. Permanent (D) 15 9 60% 6 40%
2. Other than Permanent (E) - - - - -
3. Total employees (D + E) 15 9 60% 6 40%
WORKERS
4. Permanent (F) - - - - -
5. Other than Permanent (G) - - - - -
6. Total workers (F + G) - - - - -

S. Particulars Total (A) Male Female

No. No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1. Permanent (D) 1 1 100% - -
2. Other than Permanent (E) - - - - -
3. Total employees (D + E) 1 1 100% - -
WORKERS
4. Permanent (F) - - - - -
5. Other than Permanent (G) - - - - -
6. Total workers (F + G) - - - - -
19. Participation/Inclusion/Representation of women

Total (A)

Board of Directors 6
Key Management Personnel
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Future Consumer Limited 43

20. Turnover rate for permanent employees and workers

Statutory Report
FY 2023-24 FY 2022-23 FY 2021-22
(Turnover rate in current FY) (Turnover rate in current FY) (Turnover rate in previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 1.21 0.74 1.1 1.20 0.63 1.11 2.27 1.97 0.01
Permanent Workers - - - - - - - - -

Name of the holding / Indicate whether holding/ % Of shares held Does the entity indicated at column
subsidiary / associate Subsidiary/ Associate/ by listed entity* A, participate in the Business
Joint Venture Responsibility initiatives of the listed

FMCG 2.0
entity? (Yes/No)
Aadhaar Wholesale Trading Subsidiary 100 No
and Distribution Limited
Appu Nutritions Private Subsidiary of NDFPL 76 No
Limited
Aussee Oats India Limited Subsidiary of FCL Tradevest 50 + One equity No
share
Aussee Oats Milling (Private) Subsidiary 50 + One equity No
Limited share
Bloom Foods and Beverages Subsidiary 100 No
Private Limited
Delect Spices and Herbs Subsidiary of FCL Tradevest 99.82 No
Private Limited
FCEL Overseas FZCO Subsidiary 60 No
FCL Tradevest Private Limited Subsidiary 100 No
(“FCL Tradevest”)
Fonterra Future Dairy Private Joint Venture 50 No

Hain Future Natural Products Joint Venture 40.92 No

Private Limited
Integrated Food Park Limited Subsidiary of FCL Tradevest 100 No
MNS Foods Limited Associate 32.88 No
Nilgiris Franchise Limited Subsidiary of NDFPL 100 No
Nilgiri’s Mechanised Bakery Subsidiary of NDFPL 84.73 No
Private Limited
Sublime Foods Limited Subsidiary of FCL Tradevest 51 No
(“Sublime”)
The Nilgiri Dairy Farm Private Subsidiary 100 No
Limited (“NDFPL”)
FCL Speciality Foods Private Subsidiary of Sublime 100 No
Limited

subsidiaries.
Joint venture has been terminated

Annual Report 2023-24

44

VI. CSR Details

22. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes*
(ii) Turnover: 217.48 Lakhs
(iii) Net worth: (29,542.87) Lakhs
* For FY 2023-24 CSR spending is not applicable in view of average net loss incurred during the three immediately preceding

VII. Transparency and Disclosure

23. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business
Conduct:

Stakeholder Grievance Redressal FY 2023-24 FY 2022-23

group from Mechanism in Place Current Financial Year Previous Financial Year
whom complaint (Yes/No)
is received Number of Number of Remarks Number of Number of Remarks
complaints complaints complaints complaints
pending pending
the year resolution the year resolution
at close of at close of
the year the year
Communities - Nil - - Nil - -
Investors investor. care@ Nil - - Nil - -
(other than futureconsumer.in
shareholders)
Shareholder - 3 Nil - 2 0 -
Employees Nil - - Nil - -
investors.

Customers [email protected] Nil - - Nil - -

Value Chain - Nil - - Nil - -
Partners
Others - Nil - - Nil - -
(Regulatory Body)
24. Overview of the entity’s material responsible business conduct issues
Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social
matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or

S. Material issue Indicate Rationale for identifying the risk / In case of risk, Financial
No. whether opportunity approach implications of the
risk or to adapt or risk or opportunity
opportunity mitigate (Indicate positive
(R/O) or negative
implications)
1. Sustainable O The products of the Company are focused - Positive
Products on use of recyclable material as customers
are preferring sustainable products to
reduce carbon footprint and production
waste.

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Future Consumer Limited 45

Statutory Report
2. Renewable Energy O Transition to renewable sources of energy - Positive
is considered to be key for an organisation’s
long-term sustainability. The Company is
exploring various way to shift to renewable
sources across its operations.
3. Sustainable O The Company believes long term - Positive
supply chain association with suppliers and consider
them as long-term partners in growth.
Sustainably procured raw materials
preserve the environment's resources,

ethical shopping options.

FMCG 2.0
S. Material issue Indicate Rationale for identifying the risk / In case of risk, Financial
No. whether opportunity approach implications of the
risk or to adapt or risk or opportunity
opportunity mitigate (Indicate positive
(R/O) or negative
implications)
4. Occupational R Failure to ensure health and safety may The Company Positive
Health & Safety hamper the smooth running of operations,conducts
impact manpower availability and may lead
various safety
to litigation. The Company endeavours totrainings and
provide healthy work environment to all its
drills to ensure
employees. the safety of
their workers.
5. Training and Skill O The Company works towards upskilling - Positive
Development their employees and providing trainings
in order to enhance their skills and
knowledge. This helps in enhanced
productivity and turnover.
SECTION B: MANAGEMENT AND PROCESS DISCLOSURE
This Section is aimed at helping businesses demonstrate the structures, policies and processes put in place towards adopting the
NGRBC Principles and Core Elements.

Disclosure Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
Policy and Management Process
Y Y Y Y Y Y Y Y Y

Y Y Y Y Y Y Y Y Y
(c) Web Link of the Policies, if available
2. Whether the entity has translated the policy into procedures Y Y Y Y Y Y Y Y Y
3. Do the enlisted policies extend to your value chain partners? Y Y Y Y Y Y Y Y Y

Nil

Rainforest Alliance, Trustea) standards (e.g. SA 8000,

OHSAS, ISO, BIS) adopted by your entity and mapped to each
principle.

Annual Report 2023-24

46

Not Applicable
goals and targets along-with reasons in case the same are
not met.
Government Leadership and oversight
7. Statement by director responsible for the business responsibility report, highlighting ESG related challenges, targets and
achievements (
8. Details of the highest authority responsible for Mr. Samson Samuel
implementation and oversight of the Business Responsibility Managing Director
policy (ies). DIN No.: 07523995

Director responsible for decision making on sustainability responsible for sustainability related issues, however may
look forward to having the same in place in times to come.
10. Details of Review of NGRBCs by the Company:

Indicate whether review was undertaken Frequency (Annually/ Half yearly/

by Director / Committee of the Board/Any Quarterly/ Any other – please specify)
other Committee
P1 P2 P3 P4 P5 P6 P7 P8 P9 P1 P2 P3 P4 P5 P6 P7 P8 P9
Performance against above The Board periodically reviews the policies of the Company to ensure strict adherence and
policies and follow up action implementation of the policies across its operations.
Compliance with statutory FCL ensures complete compliance with all the legal and statutory requirements.
requirements of relevance
to the principles, and

compliances
During the reporting period, FCL did not conduct any
If yes, independent assessment of its policies, but the Board
provide the name of the agency. periodically conducts internal assessments of the
policies.
12. If answer to question (1) above is “No” i.e. not all Principles are covered by a policy, reasons to be stated:

Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
The entity does not consider the Principles material to its business
Not Applicable
The entity is not at a stage where it is in a position to formulate and
c
technical

No)
Any other reason (please specify)
SECTION C: PRINCIPLE WISE PERFORMANCE DISCLOSURE
This Section is aimed at helping entities demonstrate their performance in integrating the Principles and Core Elements with key
processes and decisions. The information sought is categorized as “Essential” and “Leadership”. While the essential indicators are

by entities which aspire to progress to a higher level in their quest to be socially, environmentally and ethically responsible.

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Future Consumer Limited 47

PRINCIPLE 1

Statutory Report
Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.
Essential Indicators

Segment Total number of training and Topics / Principles covered % of persons in respective
awareness programs held under the training programs category covered by the
and its impact awareness
Board of Directors
Key Managerial Person of Directors, it remains committed to emphasizing the importance of sustainable operations
Employees
Workers

FMCG 2.0
(Listing Obligations and Disclosure Requirements) Regulations, 2015 and as disclosed on the entity’s website):
Monetary

NGRBC Principle Name of the Amount (In INR) Brief of the Case Has an appeal
regulatory/ been preferred?
enforcement (Yes/No)

institutions

Settlement Nil
Compounding fee

Non-Monetary
NGRBC Principle Name of the regulatory/ Brief of the Case Has an appeal been
enforcement agencies/ preferred? (Yes/No)

Imprisonment Nil
Punishment
4. Of the instances disclosed in Question 2 above, details of the Appeal/ Revision preferred in cases where monetary or non-
monetary action has been appealed.
Monetary

Not Applicable
5. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available, provide a web-
link to the policy.
Yes.
Future Consumer Limited is committed to maintaining honest and ethical business practices, guided by our comprehensive
Anti-Bribery and Anti-Corruption Policy, available on our website. This policy underscores our dedication to eliminating
corruption and malpractices, ensuring full compliance with all applicable laws and regulations.
Key objectives of our policy include:

Annual Report 2023-24

48

• Ensuring compliance with judicial laws and regulations.

• Providing guidelines for giving and receiving gifts, commercial courtesies, and hospitality.
• Mandating adherence to anti-corruption laws.

measures. The Head of Human Resources is responsible for monitoring and implementing the policy across the company.

incidents and to take appropriate actions against wrongdoers.

Policy can be accessed at:
6. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement
agency for the charges of bribery/ corruption:

Particulars FY 2023-24 FY 2022-23

Directors Nil Nil
KMPs
Employees
Workers
7.

FY 2023-24 FY 2022-23
Number Remark Number Remark
Number of complaints received in relation to
Nil
Number of complaints received in relation
to
Employees Workers
8.

Nil
PRINCIPLE 2
Businesses should provide goods and services in a manner that is sustainable and safe Essential Indicators

social impacts of product and processes to total R&D and capex investments made by the entity, respectively.
Current Financial YearFY Previous Financial YearFY Details of improvements in
2023-24 2022-23 environmental and social
impacts
R &D
Capex Nil

2. (a) Does the entity have procedures in place for sustainable sourcing? (Yes/No)
Yes, Future Consumer Limited has a procedure for sustainable sourcing. At the subsidiary level, the Company has been
constantly working on developing a deep understanding of agricultural practices and connecting with farmers at multiple
levels. The organic raw materials are procured from well-established organisations working directly with farmers. Along
with this the Company has been into farm gate procurement and establishing collection centres in hub and spokes models.
FCL’s subsidiaries also have a sustainable transportation model where it switching from conventional fuels to CNG and
further worked on establishing a network for Electric vehicles.

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Future Consumer Limited 49

(b) If yes, what percentage of inputs were sourced sustainably?

Statutory Report
The Company is currently not recording the percentage of inputs sourced sustainably for FCL’s operations, however the
same is being actively undertaken across its subsidiaries.
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.
Future Consumer Limited adheres to the Plastic Waste Management Rules, 2016, and complies with the Maharashtra Pollution
Control Board regulations. The Company has processes in place to ensure the safe disposal of waste generated across its
operations. a. To reclaim plastics safely for recycling, the Company collaborates with authorized vendors. Due to the nature of

friendly, and consumer-safe inks. The Company also responsibly discards carton waste by sending it to authorized scrap
vendors.

FMCG 2.0
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.
FCL is not registered under the Extended Producer Responsibility plan.
PRINCIPLE 3
Businesses should respect and promote the well-being of all employees, including those in their value chains
1 (a) Details of measures for the well-being of employees:
% of Employees covered

Category Total Health insurance care Accident Maternity Paternity Day care
(A) facilities insurance facilities
No. (B) No. (C) No. (D) No. (E) No. (F)
Permanent Employees

Male 9 9 100% 0 0 0 0 9 100% 0 0

Female 6 6 100% 0 0 6 100% 0 0 0 0
Total 15 15 100% 0 0 6 40% 9 60% 0 0
Other than Permanent Employees Not Applicable
(b) Details of measures for the well-being of workers:
The Company currently does not employ workers.

FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
No. of employees Deducted and No. of employees Deducted and
covered as a % of total deposited with the covered as a % of total deposited with the
employees authority (Y/N/N.A.) employees authority (Y/N/N.A.)
PF 100% Yes 100% Yes
Gratuity 100% No 100% No
ESI 100% Yes 100% Yes
Others (please Specify) NA NA NA NA

Annual Report 2023-24

50

4. Accessibility of Workplace-

the Rights of Persons with Disabilities Act, 2016? If not, whether any steps are being taken by the entity in this regard.
5.

6. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? If so, provide a
web-link to the policy.
The organization values the rights of all individuals and promotes equal opportunities. The Company’s Equal Opportunity Policy
is available with the Human Resource department of the Company.
7. Return to work and Retention rates of permanent employees and workers that took parental leave. Employee Data

Gender Permanent Employees Permanent Workers

Return to work rate Retention Rate Return to work rate Retention Rate
Male 0 0% 0 0%
Female 0 0 0 0
Total 0 0% 0 0%
9. Is there a mechanism available to receive and redress grievances for the following categories of employees and workers? If
yes, give details of the mechanism in brief.

Permanent Employees Yes. Future Consumer Limited prioritizes ethical and transparent business
Other than Permanent Employees practices, encouraging stakeholders to voice concerns freely. The Company
implements policies like the Code of Conduct, Whistle Blower Policy,
Permanent Workers
and POSH Policy to facilitate employees in reporting issues. An Internal
Other than Permanent Workers Complaints Committee (ICC) addresses grievance through a structured
mechanism, enabling complaints via physical or electronic means. This

Company's reputation.
10. Membership of employees and worker in association(s) or Unions recognised by the listed entity:

Category FY 2023-24 FY 2022-23

Total Number of Percentage Total Number of Percentage
Employees/ employees/workers % (B/A) Employees/ employees/workers % (D/C)
Workers In In respective Workers In In respective
respective category who are a respective category who are a
category (A) Part of association(s) category (C) Part of association(s)
Or unions (B) Or unions (D)
Total Permanent 15 - - 62 - -
Employees
Male 9 - - 49 - -
Female 6 - - 13 - -

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Future Consumer Limited 51

12. Details of training given to employees and workers:

Statutory Report
Category Total FY
Health Skill Total Health skill
23 (A) and % (B / development % (C / A) FY22 and % development % (F/D)
safety A) (C) (D) safety (E/D) (F)
(B) (E)
Employees FCL is committed to optimizing employee performance and enhancing their knowledge and skills through
Male comprehensive training programs. These initiatives cover key areas such as skill development, health and safety,
Female policy adherence, and quality management. Specialized trainings like Total Productive Maintenance (TPM) are
Total
the organization towards greater success.
14. Details of performance and career development reviews of employees and worker:

FMCG 2.0
Category FY 2024 FY 2023
Total (A) No. (B) (B/A) % Total (A) No. (B) (B/A) %
Employees

Male 9 1 11% 49 4 8.16%

Female 6 0 0% 13 1 7.69%
Total 15 1 7% 62 5 8.06%
16. Health and safety management system:
(a) Whether an occupational health and safety management Nil
system has been implemented by the entity? (Yes/ No). If
yes, the coverage of such a system?

third-party units.
(b) What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by
the entity?
(c) The Company is committed to achieve accident-free operations. It also has in place EHS processes for identifying work-
related hazards, assessing risks, and resolving EHS issues through meetings, internal audits, and improvement initiatives.
(d) Whether you have processes for workers to report the work-related hazards and to remove themselves from such
risks. (Y/N)
(e) Yes. The company maintains an incident response register to document work-related hazards. Employees receive periodic
safety training to ensure a safe and secure working environment.
(f) Do the employees/ workers of the entity have access to non-occupational medical and healthcare services? (Yes/ No)
Yes, the employees are provided with non-occupational medical and healthcare services. The Company has a group-level
insurance tie-up with TPA medical professionals to provide insurance services to all employees. Family members of the
eligible employees can also avail priority treatment and various alternate healthcare packages.

Annual Report 2023-24

52

17. Details of safety related incidents, in the following format:

Safety Incident / Number Category FY 2023-24 FY 2022-23

Current Financial Year Previous Financial Year
Lost Time Injury Frequency Rate (LTIFR) (per one Employees Nil Nil
million-person hours worked) Workers
Total recordable work-related injuries Employees Nil Nil
Workers
No. of fatalities Employees Nil Nil
Workers
High consequence work-related injury or ill-health Employees Nil Nil
(excluding fatalities) Workers
18. Describe the measures taken by the entity to ensure a safe and healthy workplace.
FCL is dedicated to providing a safe and healthy workplace for all employees. The Company conducts periodic meetings

improvement. The EHS processes help in identifying and addressing material issues. Emergency response frameworks are

communicate and warn about risk areas.

19. Number of Complaints on the following made by employees and workers:

FY 2023-24 FY 2022-23
(Current Financial Year) (Previous Financial Year)
Filed during the Pending Remarks Filed during the Pending Remarks
year resolution at the year resolution at
end of year the end of year
Working Conditions Nil
Health and Safety
20. Assessments for the year:

authorities or third parties)

Health and safety practices The Company internally has been assessing the Health and Safety practices and
Working Conditions working conditions for its employees and workers.

risks / concerns arising from assessments of health & safety practices and working conditions.

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Future Consumer Limited 53

Principle 4

Statutory Report
Businesses should respect the interests of and be responsive to all its stakeholders Essential Indicators
1. Describe the processes for identifying key stakeholder groups of the entity.

with the company. This tool helps to manage relationships by understanding stakeholders’ levels of impact and involvement.
The stakeholders are categorized as:
High Power-High Interest
and high interest in the company. Strategies focus on meeting their needs, including lenders and investors.
High Power-Low Interest Stakeholders with considerable power but limited interest needs to be kept informed about major

FMCG 2.0
Low Power-High Interest
should be engaged and informed to enhance the company’s reputation and success.
Low Power-Low Interest: Stakeholders with minimal power and interest, like employees’ families and the local community,
require basic awareness and responsiveness to address potential issues.

Sr. Stakeholder Channels of communication Frequency of Purpose and Scope of

No. Group as Vulnerable engagement engagement
and Marginalized
Group
1 Customers No Store Communications, Quarterly and Updates about various schemes,
Advertisements, Electronic need basis Complaint Resolution and Query
communication such as
WhatsApp and Emails
2 Investors No Quarterly and Financial and Operational
need basis Performance
3 Vendors No Email and Meetings Need basis Feedback from market, Operational
Lapses, Adherence to processes,
Accounts, Supply Planning
4 Government No Direct engagement As and when Following all the laws and
required regulations
5 Employees No Email and Meetings and Need basis Operational, Health & Safety and
Electronic Communications other Department updates.
PRINCIPLE 5
Businesses should respect and promote human rights Essential Indicators
1. Employees and workers who have been provided training on human rights issues and policy(ies) of the entity, in the
following format:

Annual Report 2023-24

54

Category FY 2023-24 FY 2022-23

Current Financial Year Previous Financial Year
Total (A) No. of Total (C) No. of

worker s worker s
covered (B) covered (B)
Employees

Permanent The Company did not undertake any 62 20 -32.25

Other permanent - - -
Total Employees during the reporting period. 62 20 32.25
Workers

Permanent - - - - - -
Other than permanent - - - - - -
Total Workers - - - - - -
3. Details of minimum wages paid to employees and workers, in the following format:

Category FY 2023-24 FY 2022-23

Current Financial Year Previous Financial Year
Total Equal to Minimum More than Minimum Total Equal to More than
(A) Wage Wage (D) Minimum Wage Minimum Wage
No. (B) % (B / A) No. (C) % (C / A) No. (E) % (E / D) No. (F)
Employees Permanent

Male 9 1 11% 8 89% 49 - - 49 100%

Female 6 - - 6 100% 13 - - 13 100%
Other than Permanent

Male - - - - - - - - -
Female - - - - - - - - -
Workers Permanent

Male - - - - - - - - -
Female - - - - - - - - -
Other than Permanent

Male - - - - - - - - -
Female - - - - - - - - -

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Future Consumer Limited 55

5. Details of remuneration/salary/wages, in the following format:

Statutory Report
Category Male Female
Number Median remuneration/ Number Median remuneration/
salary/ wages of salary/ wages of
respective category respective category
Board of Directors (BoD) 4 1,21,86,152 2 -
Key Managerial Personnel 2 89,24,378 0 0
Employees other than BoD and KMP 9 11,75,197 6 9,16,225
Workers 0 0 0
*Board of Directors included Independent Directors who are eligible for only sitting fees
7. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or issues caused or

FMCG 2.0
contributed to by the business? (Yes/No)
The Internal Complaints Committee (ICC) is entrusted with addressing matters and impacts concerning human rights issues.
8. Describe the internal mechanisms in place to redress grievances related to human rights issues
Future Consumer Limited is committed to protecting human rights throughout its value chain, including communities,
consumers, and vulnerable groups. The Company ensures that its Joint Ventures and Subsidiaries also uphold this commitment.

departmental heads and reviewed by senior management. The Board of Directors or its Committee is promptly informed of
relevant instances as needed.
9. Number of Complaints on the following made by employees and workers:

FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
Filed during Pending Filed during Pending Remarks
the year resolution at Remarks the year resolution at
the end of year the end of year
Sexual Harassment Discrimination
at workplace Child Labour Forced Nil Nil

Other Human Rights related issues 1 1 Nil

11. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases.
The Company is committed to creating a safe environment for all its stakeholders. To achieve this FCL has put in place an
employee grievance mechanism and has an Internal Complaints Committee (“ICC”) that works on receiving and redressing
complaints. POSH policy has also been implemented that helps the employees report cases of Sexual harassment by mailing at
[email protected] or contact the helpline desk 022-40552200.
12. Do human rights requirements form part of your business agreements and contracts?
and contracts of FCL ensures Human Right requirements.
13. Assessments for the year:

or statutory authorities or third parties)

Sexual harassment The Company internally in the regular course has policy to
Discrimination at workplace assess and ensure that the human rights are not violated.
Wages
Others – please specify

Annual Report 2023-24

56

assessments at Question 9 above.

Not Applicable
Principle 6

Essential Indicators
1. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following format:
The Company did not conduct any major production during the reporting period, hence there was no material consumption.

Parameter FY 2023-24 FY 2022-23

(Current Financial Year) (Previous Financial Year)
Total electricity consumption (A) - 16507.98
Total fuel consumption (B) - 396.30
Energy consumption through other sources (C) - 11970
Total energy consumption (A+B+C) - 28874.28
From non-renewable sources
Total electricity consumption (D) -
Total fuel consumption (E) -
Energy consumption through other sources (F) -
Total energy consumed from non-renewable sources (D+E+F) -
Total energy consumed (A+B+C+D+E+F) -
Energy intensity per rupee of turnover
-
turnover in rupees)

Power Parity (PPP) -

operations adjusted for PPP)
Energy intensity in terms of physical output -
Energy intensity (optional)- the relevant metric may be selected
-
by the entity

name of the external agency.

No

Trade (PAT) Scheme of the Government of India? (Y/N) If yes, disclose whether targets set under the PAT scheme have been
achieved. In case targets have not been achieved, provide the remedial action taken, if any.
Not Applicable

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Future Consumer Limited 57

3. Provide details of the following disclosures related to water, in the following format:

Statutory Report
The Company did not conduct any major production during the reporting period, hence there was no material consumption.

Parameter FY 2024 FY 2023

Water withdrawal by source (in kilolitres)
(i) Surface Water
(ii) Ground Water
(iii) Third Party Water

(v) Others -
Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)
Total volume of water consumption (in kilolitres)

FMCG 2.0
Water intensity per rupee of turnover (Total Water consumption / Revenue from
operations)

- -

Water intensity in terms of physical output - -

Water intensity (optional) – the relevant metric may be selected by the entity

4. Has the entity implemented a mechanism for Zero Liquid Discharge? If yes, provide details of its coverage and
implementation.
No
5. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:
The Company did not conduct any major production during the reporting period, hence there was no material consumption

FY 2023-24 FY 2022-23
Parameter Please specify unit
(Current FY) (Previous FY)
NOx - 19
SOx - 16.2
Particulate matter (PM) - 64
Persistent organic Pollutants (POP) NA - NA
Volatile organic Compounds (VOC) NA - NA
Hazardous air Pollutants (HAP) Nil - Nil
Others – please specify

name of the external agency.

Annual Report 2023-24

58

6. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following format:
The Company did not conduct any major production during the reporting period, hence there was no material consumption.

Parameter Unit FY 2023-24 FY 2022-23

(Current Financial Year) (Previous Financial Year)
Total Scope 1 emissions (Break-up of the
GHG into CO2, CH4, N2O, HFCs, PFCs, - 56.82
SF6, NF3, if available)
Total Scope 2 emissions (Break-up of the - -
GHG into CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, if available)
Total Scope 1 and Scope 2 emissions per - -
rupee of turnover
Total Scope 1 and Scope 2 emission - -
intensity – the relevant metric
may be selected by the entity

name of the external agency.

Currently, the company’s operations are paused but will resume in the near future

Currently, the Company’s operations are paused so, it has not undertaken any projects related to reduce the greenhouse gas
emissions.
8. Provide details related to waste management by the entity, in the following format:
The Company did not conduct any major production during the reporting period, hence there was no material consumption.

Parameter FY 2023-24 FY 2022-23

(Current Financial Year) (Previous Financial Year)
Total Waste generated (in metric tonnes)
Plastic waste (A) - -
E-waste (B) - -
Bio-medical waste (C) - -
Construction and demolition waste (D) - -
Battery waste (E) - -
Radioactive waste (F) - -
Other Hazardous waste. Please specify, if any. (G) - -
Other Non-hazardous waste generated (H). - 616884.3
(Break-up by composition i.e. by materials relevant to the sector)
Total (A+B + C + D + E + F + G+ H) - 616964.3
- -
Revenue from operations)
Waste intensity per rupee of turnover adjusted for Purchasing Power - -

adjusted for PPP)

Waste intensity in terms of physical output - -
Waste intensity (optional) – the relevant metric may be selected by the - -
entity

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Future Consumer Limited 59

For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations (in

Statutory Report
metric tonnes)
Category of waste

(i) Recycled
(ii) Re-used Not applicable
(iii) Other recovery operations
Total
For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes)

Category of waste
(i) Incineration 80

FMCG 2.0
NA
(iii) Other disposal operations NA
Total NA

name of the external agency.

company to reduce usage of hazardous and toxic chemicals in your products and processes and the practices adopted to
manage such wastes.
Future Consumer Limited complies with the Plastic Waste Management Rule 2016 mandated by the Maharashtra Pollution
Control Board (MPCB). Additionally, the company has collaborated with local Producer Responsible Organizations (PRO) across
the country to recycle plastic waste at the end of its life cycle. FCL ensures that all plastic used in its products is recyclable.

biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation zones etc.) where environmental approvals
/ clearances are required, please specify details in the following format:
The company’s operations are not situated in or around ecologically sensitive areas.

12. Is the entity compliant with the applicable environmental law/ regulations/ guidelines in India; such as the Water
(Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment protection act and
rules thereunder (Y/N). If not, provide details of all such non-compliances, in the following format:

S. Specify the law / regulation Provide details of the non- Corrective action taken,
No. / guidelines which was not compliance / action taken by if any
complied with regulatory agencies
such as pollution control
boards or by courts

Annual Report 2023-24

60

PRINCIPLE 7

transparent Essential Indicators

None
(b) List the top 10 trade and industry chambers/ associations (determined based on the total members of such a body) the

Not Applicable
2. Provide details of corrective action taken or underway on any issues related to anti- competitive conduct by the entity,
based on adverse orders from regulatory authorities.
No adverse orders were received from any authority requiring corrective action by the company.
PRINCIPLE 8:
Businesses should promote inclusive growth and equitable development

entity, in the following format:

SL State District % of PAFs covered by Amounts paid to PAFs

NO for which R&R is R&R in the FY (In INR)
Ongoing Families (PAFs)
None
4. Describe the mechanisms to receive and redress grievances of the community.
Future Consumer Limited believes that their business can thrive by inclusive growth and support from the community. As
a responsible organization, we are eager to create a sustainable business model to ensure and activate their future growth
drivers. FCL redresses the grievances of the community by maintaining cordial relationships with concerned stakeholders.
5. Percentage of input material (inputs to total inputs by value) sourced from suppliers:

FY 2023-24 FY 2022-23

- -
Sourced directly from within the district and neighbouring districts - -
Principle 9
Businesses should engage with and provide value to their consumers in a responsible manner
1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback.
The Company has a mechanism to address consumer complaints and feedback. It operates through a dedicated email ID where

2. Turnover of products and/ services as a percentage of turnover from all products/service that carry information about:

As percentage of total turnover

Environmental and social parameters relevant to the product 0%
Safe and responsible usage 0%

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Future Consumer Limited 61

Statutory Report
Recycling and/or safe disposal 0%
4. Number of consumer complaints in respect of the following:
No consumer complaints were registered during the year 2023-2024.

FY 2024 FY 2023
Received Pending Remarks Received Pending Remarks
during the resolution at during the resolution at
year end of year year end of year
Data privacy - - - - - -
Advertising - - - - - -
Cyber-security - - - - - -
Delivery of essential services - - - - - -

FMCG 2.0
Restrictive Trade Practices - - - - - -
Unfair Trade Practices - - - - - -
Other - - - - - -
5. Details of instances of product recalls on account of safety issues:
There were no product recalls during the reporting period.
6. Does the entity have a framework/ policy on cyber security and risks related to data privacy? (Yes/No) If available, provide
a web-link of the policy.
FCL has a separate framework for monitoring and reviewing cybersecurity risks overseen by its Risk Management Committee,
integral to its Risk Policy.
7. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential
services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action
taken by regulatory authorities on safety of products / services.
Not Applicable as there were no instances reported.

Annual Report 2023-24