BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING

SECTION A: GENERAL DISCLOSURES

I. Details of the listed entity

1 Corporate Identity Number (CIN) L24241MH1988PLC097781

2 Name of the Listed Entity Godrej Industries Limited
3 Year of incorporation 1988
4 Registered office address Godrej One, Pirojshanagar, Eastern Express Highway,
Vikhroli (East), Mumbai – 400 079, Maharashtra.
5 Corporate address Godrej One, Pirojshanagar, Eastern Express Highway,
Vikhroli (East), Mumbai – 400 079, Maharashtra.
6 E-mail [email protected]
7 Telephone +91 (022)-25188010/20/30
8 Website www.godrejindustries.com
9 Financial year for which reporting is 2023-24
being done
10 Name of the Stock Exchange(s) BSE Limited (formerly Bombay Stock Exchange)
where shares are listed National Stock Exchange of India Limited (NSE)

11 Paid-up Capital ₹33,66,90,741/-

12 Name and contact details Ms. Gayatri Divecha, Head - Good & Green
(telephone, email address) of the Email ID: [email protected]
person who may be contacted in
case of any queries on the BRSR
report
13 Reporting boundary - Are the
disclosures under this report made
on a standalone basis (i.e. only for
the entity) or on a consolidated
basis (i.e. for the entity and all the Standalone basis
entities which form a part of its
consolidated financial statements,
taken together)
14 Name of Assurance Provider Not Applicable
15 Type of Assurance Obtained Not Applicable

II. Products / Services

16. Details of business activities (accounting for 90% of the turnover):

Sr. Description of Main Activity Description of Business % of Turnover of the

No. Activity entity
1 Fatty Acid Fractionated Fatty acid and 39%
stearic acid
2 Fatty Alcohol Mid-cut fatty alcohol 21%
3 Surfactant AOS, SLES, SLS 21%
4 Glycerine Refined Glycerine 6%

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17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):

Sr. No. Product/Service NIC Code % of total Turnover

contributed
1 Fatty Acid 20293 39%
2 Fatty Alcohol 20293 21%
3 Surfactant 20233 21%
4 Glycerine 20293 6%

III. Operations

18. Number of locations where plants and/or operations/offices of the entity are situated:

Location Number of plants Number of offices Total

National 4 4 8
International 0 1 1

19. Markets served by the entity:

a. Number of locations

Locations Number
National (No. of States) Pan India
International (No. of countries) 65+

b. What is the contribution of exports as a percentage of the total turnover of the entity?

About 28% of the turnover is from exports

c. A brief on types of customers

At Godrej Chemicals, we categorize our customer base through value chain position, geographic markets, and
business size. We serve base material manufacturers, OEMs, trade partners, contract manufacturers, and more,
providing a broad range of products from core chemistries to specialty chemicals. We operate in varied segments
like home and personal care, oil and gas, agrochemicals, pharmaceuticals, rubber, chemical & polymer
intermediaries, and lubricants & metalworking fluids etc. Our geographic reach spans key markets, serving over
80 countries globally, with a strong domestic presence catering to local businesses, multinational corporations,
large enterprises with complex supply chains and SMEs needing personalized solutions, offering tailored
services and flexible production capabilities to meet diverse customer needs worldwide.

2
IV. Employees

20. Details as at the end of Financial Year:

a. Employees and workers (including differently abled):

Sr. No. Particulars Total (A) Male Female

No. (B) % No. (C) %
(B / A) (C / A)
EMPLOYEES
1. Permanent (D) 781 630 81 151 19
2. Other than Permanent (E) 156 102 65 54 35
3. Total employees (D + E) 937 732 78 205 22
WORKERS
4. Permanent (F) 265 265 100 0 0
5. Other than Permanent (G) 807 795 99 12 1
6. Total employees (F + G) 1,072 1,060 99 12 1

b. Differently abled Employees and workers:

Sr. Particulars Total Male Female

No. (A) No. (B) % No. (C) %
(B / A) (C / A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent (D) 2 1 50 1 50
2. Other than Permanent (E) 1 0 0 1 100
3. Total differentlyabled
employees 3 1 33 2 67
(D + E)
DIFFERENTLY ABLED WORKERS
4. Permanent (F) 3 3 100 0 0
5. Other than Permanent (G) 0 0 0 0 0
6. Total differently abled workers
3 3 100 0 0
(F + G)

21. Participation / Inclusion / Representation of women:

Particulars Total (A) No. and percentage of Females

No. (B) % (B / A)
Board of Directors 10 3 30%
Key Management Personnel
2 1 50%
(excluding Board of Directors)

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22. Turnover rate for permanent employees and workers:

Particulars FY 2023-24 FY 2022-23 FY 2021-22 (Turnover

(Turnover rate in (Turnover rate in rate in the year prior
current FY) previous FY) to the previous FY)
Male Female Total Male Female Total Male Female Total
Permanent
18 2 20 18 13 17 18 11 17
Employees
Permanent
10 0 10 14 0 10 17 0 17
Workers

V. Holding, Subsidiary and Associate Companies (including joint ventures)

23. Names of holding / subsidiary / associate companies / joint ventures as on March 31, 2024

Name of the holding / subsidiary / Indicate whether % of shares Does the entity
associate companies / joint ventures holding/ held by listed indicated at
(A) Subsidiary/ entity column A,
Associate/ Joint participate in the
Venture Business
Responsibility
initiatives of the
listed entity?
(Yes/No)
Godrej Consumer Products Limited Associate 23.74% No
Godrej Properties Limited Subsidiary 47.34% No
Godrej Agrovet Limited Subsidiary 64.88% No
Godrej Capital Limited Subsidiary 89.48% No
Godrej One Premises Management Subsidiary 14.00% No
Private Limited
Godrej International Limited Foreign Subsidiary 100% No
Godrej International Trading & Investment Foreign Subsidiary 100% No
PTE. LTD

VI. CSR Details

24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No):

Yes, the provisions of Section 135 of the Companies Act, 2013 and the Companies (Corporate Social
Responsibility Policy) Rules, 2014 are applicable to the Company. However, during the Financial Year
2023-24, your Company was not required to spend towards CSR activities as per applicable provisions.

(ii) Turnover as on March 31, 2024 (in ₹): 27,09,43,39,816.53

(iii) Net worth as on March 31, 2024 (in ₹): 15,16,11,53,250.78

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 VII. Transparency and Disclosures Compliances

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

Stakeholder group Grievance Redressal FY 2023-24 FY 2022-23

from whom Mechanism in Place
complaint is (Yes/No), (If Yes, then Number of Number of Remarks Number of Number of Remarks
received provide web-link for complaints complaints complaints complaints
grievance redress filed during pending filed during pending
policy) the year resolution at the year resolution at
close of the close of the
year year
Communities Yes, a mechanism is in Nil Nil We haven’t Nil Nil We haven’t
place to interact with received any received any
community leaders to complaints complaints
understand and from the from the
address their communities communities
concerns, if any. that we that we
operate in. operate in.
Investors (other NA NA NA The NA NA The
thanshareholders) Company Company
does not does not
have have
investors investors
other than its other than its
shareholders shareholders
and and
debenture debenture
holders. holders.
Shareholders Yes, the Company has 39 39 The 51 51 The
an email id for complaints complaints
reporting any were duly were duly
grievance and resolved resolved
complaints of during the during the
investors on financial year financial year
[email protected] to the to the
om. Alternatively, satisfaction satisfaction
shareholders can of of
lodge complaints on shareholders shareholders
https://scores.gov.in/s
cores/Welcome.html
Employees and Yes. our employees / Nil Nil - Nil Nil -
Workers workers can share
their grievances or
queries by directly
writing to their
respective HR
managers. We also
have a comprehensive
Whistle Blower policy,
which allows and
encourages
employees to bring to
the management’s
notice concerns about
suspected unethical
behaviour,

5
Stakeholder group Grievance Redressal FY 2023-24 FY 2022-23
from whom Mechanism in Place
complaint is (Yes/No), (If Yes, then Number of Number of Remarks Number of Number of Remarks
received provide web-link for complaints complaints complaints complaints
grievance redress filed during pending filed during pending
policy) the year resolution at the year resolution at
close of the close of the
year year
malpractice, wrongful
conduct, fraud and
violation of the
company’s policies.
Policy can be
accessed at
https://godrejindustrie
s.com/public/uploads
/policies_and_codes/
Whistle_Blower_Policy
_effective_08112023.p
df.
Customers Yes. Our Consumers Nil Nil - Nil Nil -
can reach out to the
Sales Persons /
Marketing Head /
Production Head /
Quality Control Head
to share their
grievances against our
products and services;
They can also speak to
our executives to raise
any query/grievance
about our products.
Policy can be
accessed at
https://godrejindustrie
s.com/public/uploads
/policies_and_codes/
Whistle_Blower_Policy
_effective_08112023.p
df
Value Chain Yes. Our Value Chain Nil Nil - Nil Nil -
Partners partners, and
Business Associates
can reach us /
Business Head where
they can share their
grievances or queries.
For safeguarding the
interests of value
chain partners,
grievance redressal
mechanism is detailed
in the Whistle Blower
Policy of the
Company, Policy can
be accessed at
https://godrejindustrie

6
Stakeholder group Grievance Redressal FY 2023-24 FY 2022-23
from whom Mechanism in Place
complaint is (Yes/No), (If Yes, then Number of Number of Remarks Number of Number of Remarks
received provide web-link for complaints complaints complaints complaints
grievance redress filed during pending filed during pending
policy) the year resolution at the year resolution at
close of the close of the
year year
s.com/public/uploads
/policies_and_codes/
Whistle_Blower_Policy
_effective_08112023.p
df
Other (please NA NA NA NA NA NA NA
specify)

26. 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 mitigate the risk along-with its financial implications, as per the following format:

Sr. Material issue Indicate Rationale for In case of risk, Financial implications of
No. identified whether risk identifying the risk / approach to adapt or mitigate the risk or opportunity
or opportunity (Indicate positive or
opportunity negative
(R/O) implications)
1 Emission Risk Rising power demand has We are already transitioning to lower Negative Implication
resulted in higher emissions technology by reducing our
dependence on costlier specific energy consumption and
coal imports as supplies increasing our renewable energy
from domestic sources sources. Close to 56 % of the energy
are still insufficient to we use is from renewable sources
meet increased energy such as wind, solar and biomass.
demand.
2 Water & effluents Risk We are dependent on We are working to reduce our water Negative Implication
surface water for consumption in the processes and
production which is installed water efficient equipment.
dependent on rain. If we Both our manufacturing plants are
receive less rain in a year, it Zero Liquid Discharge compliant. Our
will impact our production strategy is to treat used industrial
and we have to buy water water on site and reuse water for
from other sources. process / utilities.
3 Health and safety Risk and Given the nature of our We have health and safety policy and Positive Implication
Opportunity business health & safety at individual plant level and all the
related risks in manufacturing sites are ISO
manufacturing operations 45001:2018 compliant. We have
is one of our top priorities. implemented various initiatives to
Operational risks and ensure health and safety of
natural hazards are likely employees across our locations both
business disruptions. at operational level and managing
natural hazards. At plants, we ensured
this by creating task forces to monitor
and implement health & safety
measures going beyond compliance
and adopting industry best practices.

7
Sr. Material issue Indicate Rationale for In case of risk, Financial implications of
No. identified whether risk identifying the risk / approach to adapt or mitigate the risk or opportunity
or opportunity (Indicate positive or
opportunity negative
(R/O) implications)
4 Training and Risk Given the context of Our strategic people management Negative Implication
Development rapidly expanding framework is designed to create value
Chemicals sector, attrition & execute the business strategy. Built
of our key talent with niche on three pillars of talent, organization
skillsets and that of our & culture, we strive towards creating
diverse talent pool is a risk agile & inclusive workplace by
which can impact defining & developing new
business continuity and capabilities and accelerating total
growth . engagement to build a high
performance team. We focus our
efforts towards nurturing & sustaining
the thriving culture that exists at GIL
Chemicals which has helped deliver
strong business performance.
5 Employee Well Opportunity We ensure goal setting, We are regularly reviewing and Positive Implication
Being & Worker performance reviews and auditing our people processes and
Management reward and recognitions interventions for their efficiency and
are done in a very effectiveness in alignment with the
structured way to keep our larger objective of business
employees engaged. performance.
6 Sustainable Risk Consumers are now more Sustainable Supply Chain: We have Positive Implication
Supply Chain aware of the using made our sustainable palm oil policy
products made using and have taken goal of achieving
materials sourced from 100% transparency upto mills and
sustainable sources. Any refineries in our palm supply chain. To
negative feedback or achieve that we collaborate with our
concerns from our suppliers and have also became a
stakeholders can impact part of Action for sustainable
our brand value. In the last derivative (ASD). ASD is a
two years, we have seen collaborative initiative which brings
multiple queries and together companies in the cosmetics,
clarification from our home and personal care, and oleo
major customers chemicals industries to collectively
regarding transparency in tackle supply chain issues around
our supply chain and palm oil and palm kernel oil
grievance mechanism. derivatives. We are also one of the
leading Indian entity who is a part of
RSPO

7 Customer Health Opportunity Availability of consistent Our philosophy is Life Essential Positive Implication
and Safety high quality and safe Crafted with Care. We are committed
products with high to deliver consistently high quality
customer service to /and high performing products and
customer. services to our customers. Our
products are widely used in personal
and home care industry globally,
customer health and safety and
product quality is paramount to us.
We focus relentlessly on continuous
improvement in quality in all domains
and implemented key best practices
at our sites, which enables it to meet
the stringent quality benchmarks set

8
Sr. Material issue Indicate Rationale for In case of risk, Financial implications of
No. identified whether risk identifying the risk / approach to adapt or mitigate the risk or opportunity
or opportunity (Indicate positive or
opportunity negative
(R/O) implications)
by multinational customers for the
product qualifications. Quality is
reviewed by teams and top
management at regular levels to
ensure compliance and
improvements. Both factories are
currently certified as per latest ISO
standards, i.e., ISO 9001:2015 (QMS),
ISO 14001:2015 (EMS) and ISO
45001:2018 (OH&S). Ambernath
completed IATF (Automotive
certification for tyre industries) and
responsible care certification
whereas Valia become first chemical
manufacturing company in India to
receive Platinum rating in Green Co
Audit by CII. Both the units are
compliant on SMETA 4.0 Pillar and are
certified by BVQI. The units are
audited on- Labour Standards, Health
and Safety, Environment and
Business Ethics. Currently, both units
are Silver rated on Ecovadis platform.
Ambernath plant is also certified with
ISO 22716:2007 for COSMETIC-
GOOD MANUFACTURING PRACTICES
(GMP). The site is also certified with
FOOD SAFETY SYSTEM
CERTIFICATION 22000 for refined
glycerine manufacturing. Majority of
our C16-C18 alcohol grades are
covered under COSMOS certification.
The certification helps labelling the
product as natural or organic. Majority
of the finished products at both
locations are Kosher certified, HALAL
certified and some are also REACH
registered to meet the EU regulation.

9
SECTION B: MANAGEMENT AND PROCESS DISCLOSURES

This section is aimed at helping businesses demonstrate the structures, policies and processes put in place
towards adopting the NGRBC Principles and Core Elements.

The National Guidelines on Responsible Business Conduct (NGRBC) released by the Ministry of Corporate Affairs
has updated and adopted nine areas of Business Responsibility. These are briefly as under:

P1 Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical,
Transparent and Accountable.
P2 Businesses should provide goods and services in a manner that is sustainable and safe
P3 Businesses should respect and promote the well-being of all employees, including those in their value
chains
P4 Businesses should respect the interests of and be responsive to all its stakeholders
P5 Businesses should respect and promote human rights
P6 Businesses should respect and make efforts to protect and restore the environment
P7 Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is
responsible and transparent
P8 Businesses should promote inclusive growth and equitable development
P9 Businesses should engage with and provide value to their consumers in a responsible manner

Disclosure Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
Policy and management processes
1. a. Whether your entity’s policy/policies Y Y Y Y Y Y Y Y Y
cover each principle and its core elements of
the NGRBCs. (Yes/No)
b. Has the policy been approved by the Y Y Y Y Y Y Y Y Y
Board? (Yes/No)
c. Web Link of the Policies, if available https://www.godrejchemicals.com/sustainability/codes-
and-policies and
https://godrejindustries.com/investors/listing-compliance
2. Whether the entity has translated the policy Y Y Y Y Y Y Y Y Y
into procedures. (Yes / No)
3. Do the enlisted policies extend to yourvalue Y Y Y Y Y Y Y Y Y
chain partners? (Yes/No)
4. Name of the national and international The policies are based on prescribed principles,
codes / certifications / labels / standards (e.g. conformance to the spirit of international standards like
Forest Stewardship Council, Fairtrade, ISO 9000, ISO 14000, ISO 45001, UNGC guidelines and ILO
Rainforest Alliance, Trustea) standards (e.g.SA guidance.
8000, OHSAS, ISO, BIS) adopted by your entity
and mapped to each principle.
5. Specific commitments, goals and We continue to uphold Godrej Group’s Good and Green
targets set by the entity with defined vision, that aims to create a more inclusive and greener
world.
timelines, ifany.
In order to achieve this vision, we have set targets for
ourselves thereby making Sustainability a key part of our
manufacturing process and value chain.
• Our Targets are Aim for Zero (No Fatality, Zero Major
process safety incident & Dangerous
occurrences).

10
 • Improve Gender Diversity to 18% by FY 2024-25.

Additionally, all our Green goals and targets are based on

major two aspects, i.e., maximizing resource efficiency and
reducing environmental impact.

Our Green Goals and targets are:-

1. Reduce Specific energy by 50%
2. Increase renewable energy share by 70%
3. Become Carbon neutral (scope 1 & 2)
4. Maintain Water positivity
5. Reducing Specific water by 50%
6. Reduce Specific waste by 100%
7. Achieve Zero waste to landfill
6. Performance of the entity against the Performance of each of the principles is reviewed
specific commitments, goals and targets periodically by various Committees led by the Management
along-with reasons in case the same are not and Board of Directors.
met.

Governance, leadership and oversight

7. Statement by director responsible for the business responsibility report, highlighting ESG related
challenges, targets and achievements

The Company is committed to integrating environmental, social and governance (ESG) principles into its
business which is central to improving the quality of life of the communities it serves. It adheres to the principles
of product stewardship by enhancing health, safety and environmental impacts of products and services across
their lifecycles. High standards of governance, we feel, are key to maintaining the trust of investors and all our
stakeholders. Our responsibilities go beyond our own Company as we work towards ingraining our values in the
relations with all our employees, customers, partners and across our supply chain. Being a value-driven
organization, your Company ensures that business is conducted in an ethical and responsible way.

8. Details of the highest authority responsible for implementation and oversight of the Business
Responsibility policy(ies).

Mr. Nadir Godrej, Chairman & Managing Director (DIN:00066195) under the guidance of the Board of Directors
and its Committees is responsible for implementation and oversight of the Business Responsibility and
Sustainability Policies.

9. Does the entity have a specified Committee of the Board/ Director responsible for decision making
on sustainability related issues? (Yes / No). If yes, provide details.

Yes, the Chairman and Managing Director and Senior Leadership Team review the Business Responsibility and
Sustainability Performance periodically as a part of the overall Management Review process. They provide
valuable direction and guidance to ensure that Safety and Sustainability implications are duly addressed in all
new strategic initiatives, budgets, audit actions and improvement plans.

11
10. Details of Review of NGRBCs by the Company:

Subject for Indicate whether review was undertaken Frequency

Review by Director / Committee of the Board/ (Annually/ Half yearly/ Quarterly/ Any
Any other Committee other)
P1 P2 P3 P4 P5 P6 P7 P8 P9 P1 P2 P3 P4 P5 P6 P7 P8 P9
Performance As a practice, Business Responsibility and Sustainability policies of the Company are
against reviewed periodically or on a need to basis by Senior Leadership Team including Managing
above Director and Executive Directors. During their assessment, the efficacy of the policies is
policies and reviewed and necessary changes to policies and procedures are implemented.
follow up
action
Compliance The Company complies with the statutory requirements as applicable.
with
statutory
requirements
of relevance
to the
principles,
and,
rectification
of any non-
compliances

11. Has the entity carried out independent assessment/ evaluation of the working of its policies by an
external agency? (Yes/No). If yes, provide name of the agency.

P1 P2 P3 P4 P5 P6 P7 P8 P9
The Company conducts periodic review of charters, policies internally by the Senior Management and Board
Committees which then drives the policies, projects and performance of the aspects of business
responsibility and sustainability.

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 (Yes/No)
The entity is not at a stage where it is in a position
to formulate and implement the policies on
specified principles (Yes/No) Not Applicable
The entity does not have the financial or/human
and technical resources available for the task
(Yes/No)
It is planned to be done in the next financial
year (Yes/No)
Any other reason (please specify)

12
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 expected to be disclosed by every entity that is mandated to file
this report, the leadership indicators may be voluntarily disclosed by entities which aspire to progress to a higher
level in their quest to be socially, environmentally and ethically responsible.

PRINCIPLE 1: Businesses should conduct and govern themselves with integrity, and in a manner that is
Ethical, Transparent and Accountable.

Essential Indicators

1. Percentage coverage by training and awareness programmes on any of the Principles during the
financial year:

Segment Total number Topics / principles covered under the training Percentage of
of training and its impact persons in
and respective
awareness category covered
programmes by the
held awareness
programmes
Board of Directors 1 During the year, the Board of Directors and Key 100 %
Key Managerial 1 Managerial Personnel of the Company (including its 100 %
Personnel Committees) had invested time on various updates
comprising matters relating to array of issues
pertaining to the business, regulations, economy
and environmental, social and governance
parameters.
Employees other 337 We strongly emphasize on workplace safety. To 100 %
than Board of imbibe safety behavior in our employees including
Directors and Key workers, various safety trainings are conducted
Managerial throughout the year which includes behavioral
Personnel (KMP) based safety trainings, emergency preparedness,
fire safety etc. We continue building awareness in
our factories through safety drives. Various
functional/technical trainings are conducted for
factory employees and workers to build their
technical competence such as SAP, IMS, QMS,
RSPO, IATF, ISO, GMP, Responsible Care, 5S, Plant
Operations, HIRA, Environment Management
System. We also provide other functional &
behavioral trainings based on our Godrej Capability
Framework through classroom/virtual trainings and
e-learning programs- Sales Capability Building,
Leading Teams, Leading Self, Selector Capability,
Cultural Interventions, Leadership development

13
 Segment Total number Topics / principles covered under the training Percentage of
of training and its impact persons in
and respective
awareness category covered
programmes by the
held awareness
programmes
interventions, Communications trainings etc. We
conduct “Health & Wellness” sessions that include
expert talks, counselling, and interactive sessions
to educate employees on how to build their physical
and mental wellbeing. POSH, Human Rights,
Grievance Handling, Cybersecurity Awareness
training, Insider Trading/Code of Conduct are such
compliance related programs that have been
conducted to make our workplace more inclusive.
We provide inclusive growth & equitable
development of employees through career
conversations, 360 developmental feedback,
transition diagnostic through MDC (Management
Development Center) and LDC processes
(Leadership Development Center).
Workers 308 • Workplace Safety related trainings conducted for 100%
all workers including contractual workforce
• Compliance programs include POSH awareness,
Grievance Handling etc.
• Various functional/technical trainings conducted
for factory workers such as IMS, IATF, ISO, GMP,
RSPO, 5S, Plant Operations like Workplace
operations, Responsible care, Chiller operations,
PLC functions, Tank farm operations etc.,
Environment Management System etc.

2. Details of fines / penalties /punishment/ award/ compounding fees/ settlement amount paid in
proceedings (by the entity or by directors / KMPs) with regulators/ law enforcement agencies/ judicial
institutions, in the financial year, in the following format (Note: the entity shall make disclosures on the
basis of materiality as specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations)
Regulations, 2015 and as disclosed on the entity’s website):

Monetary
Particulars NGRBC Name of the Amount Brief of the Has an appeal been
Principle regulatory / (in ₹) Case preferred? (Yes/No)
enforcement
agencies /
judicial
institutions
Penalty / Fine Nil Nil Nil Nil Nil
Settlement Nil Nil Nil Nil Nil
Compounding Fee Nil Nil Nil Nil Nil
Non-Monetary
Particulars NGRBC Name of the Amount Brief of the Has an appeal been
Principle regulatory / (in ₹) Case preferred? (Yes/No)
enforcement
agencies /

14
 judicial
institutions
Imprisonment Nil Nil Nil Nil Nil
Punishment Nil Nil Nil Nil Nil

3. 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.

Case Details Name of the regulatory/ enforcement agencies/

judicial institutions
- NA

4. 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.

The Company has a Code of Conduct which is applicable to all individuals working in the Company. The
Company encourages its Business Partners also to follow the code. A Whistleblower policy has also been
put in place. The purpose of the Whistleblower Policy is to allow employees to raise concerns about
unacceptable, improper or unethical practices being followed in the organization, without necessarily
informing their supervisors. Whistleblowing Officer has been designated for the purpose of receiving and
recording any complaints under this policy. The Policy can be accessed on
https://godrejindustries.com/public/uploads/policies_and_codes/Whistle_Blower_Policy_effective_08112
023.pdf

5. 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 Nil Nil
Employees Nil Nil
Workers Nil Nil

6. Details of complaints with regard to conflict of interest:

Particulars FY 2023-24 FY 2022-23

Number Remarks Number Remarks
Number of complaints Nil No complaints Nil No complaints
received in relation to have been have been
issues of Conflict of received in received in
Interest of the Directors relation to issues relation to issues
Number of complaints Nil of conflict of Nil of conflict of
received in relation to interest of the interest of the
issues of Conflict of Directors and in Directors and in
Interest of the KMPs relation to issues relation to issues
of conflict of of conflict of
interest of the interest of the
KMPs both for FY KMPs both for FY
2023-24. 2022-23.

15
7. Provide details of any corrective action taken or underway on issues related to fines / penalties / action
taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and
conflicts of interest.

There were no complaints / cases of corruption and conflicts of interest registered during the year. In the
case of a Director, every Director discloses his/her interest at the beginning of the year. In case there is any
change in directorship, the same is informed to the Board. The Board of Directors and senior management
are subject to the provisions of the Code of Conduct.

8. Number of days of accounts payables (Accounts payable *365) / Cost of goods/services procured) in
the following format:

Particulars FY 2023-24 FY 2022-23

Number of days of accounts payables 101 93

9. Open-ness of business: Provide details of concentration of purchases and sales with trading houses,
dealers, and related parties along-with loans and advances & investments, with related parties, in the
following format:

Parameter Metrics FY 2023-24 FY 2022-23

Concentration of a. Purchases from trading Not Applicable Not Applicable
Purchases houses as % of total
purchases
b. Number of trading houses Not Applicable Not Applicable
where purchases are made
from
c. Purchases from top 10 trading Not Applicable Not Applicable
houses as % of total
purchases from trading
houses
Concentration of a. Sales to dealers / distributors 32% 29%
Sales as % of total sales
b. Number of dealers / 137 126
distributors to whom sales
are made
c. Sales to top 10 dealers / 56% 63%
distributors as % of total
sales to dealers / distributors
Share of RPTs in a. Purchases (Purchases with 3% 5%
related parties / Total
Purchases)
b. Sales (Sales to related 6% 5%
parties / Total Sales)
c. Loans & advances (Loans & Nil Nil
advances given to related
parties / Total loans &
advances)
d. Investments (Investments in 100% 100%
related parties / Total

16
 Parameter Metrics FY 2023-24 FY 2022-23
Investments made)

Leadership Indicators

1. Awareness programmes conducted for value chain partners on any of the Principles during the
financial year:

Total number of awareness Topics / principles covered %age of value chain

programmes held under the training partners covered (by value
of business done with such
partners) under the
awareness programmes
Training through mails, calls and Godrej code of Conduct, 100 % critical Suppliers.
physical supplier meet Sustainable Procurement
Policy, ESG Awareness,
Health and Safety, Extended
Producer Responsibility,
Human Rights

2. Does the entity have processes in place to avoid / manage conflict of interests involving members of
the Board? (Yes/No) If Yes, provide details of the same.

Yes, every Director of the Company discloses his/her concern or interest in the Company or companies or
bodies corporate, firms or other association of individuals and any change therein, annually or upon any
change, which includes the shareholding. Further, a declaration is also taken annually from the Directors
under the Code of Conduct confirming that they will always act in the interest of the Company and ensure
that any other business or personal association which they may have, does not involve any conflict of interest
with the operations of the Company and the role therein. The Senior Management also affirms annually that
they have not entered into any material, financial and commercial transactions, which may have a potential
conflict with the interest of the Company at large. In the Meetings of the Board, the Directors abstain from
participating in the items in which they are concerned or interested. For identifying and tracking conflict of
interests involving the Directors / KMPs of the Company, the Corporate Secretarial team maintains a
database of the Directors and the entities in which they are interested. This list is shared with the Finance
department which flags off the parties in their system for monitoring and tracking transaction(s) entered by
the Company with such parties.

17
 PRINCIPLE 2: Businesses should provide goods and services in a manner that is sustainable and safe.

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.

Particulars FY 2023-24 FY 2022-23 Details of improvements in

environmental and social
impacts
R&D 23% 5% Towards Biolab & Ozonolysis
Capex 0 10% Towards Cogeneration Plant
and Bio-Fermentor Plant

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?

12% of inputs were sourced sustainably during calendar year (i.e. January 2023 till December 2023).

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.

a. Plastics- We are registered under EPR as Brand owners and importers. In the reporting year, we
processed 100% of the plastic waste we put out as per EPR (Extended producer responsibility)
compliance as per Plastic Waste management rules 2016.
b. Hazardous Waste- The Hazardous generated from plant(s) is transferred to designated place for
intermittent storage by tractor or other means and proper care is taken to prevent leakages and spillages.
All the vendors handling waste are Approved Recycler as per Pollution control board. Manifest is
collected as per the requirement and TREM card is given for disposal of Hazardous Waste to Transporter
vehicle.
c. E-waste-The waste material is collected in a designated place and it is sent to Pollution control board
approved vendor, with proper Corporate internal Audit approvals under E-waste management rules. We
collect the E-waste certificate and maintain the same for Audit purpose.
d. Other Waste- All materials and manufacturing processes are conducted in a conscious manner to yield
minimal waste. We follow five R’s of waste management - reduce, reuse, recycle, recover and residual
management. We go beyond compliance to ensure effective waste management. Our waste
management strategy includes collection, segregation, recycling, and disposal in a scientific manner.
We have set up a mechanism to recollect the packaging drums from our customers and reuse it for next
cycle of product packaging.

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.

In the reporting year, we processed 100% of the plastic waste and we put out as per EPR (Extended producer
responsibility) compliance as a brand owner and importer.

18
 Leadership Indicators

1. Has the entity conducted Life Cycle Perspective / Assessments (LCA) for any of its products (for
manufacturing industry) or for its services (for service industry)? If yes, provide details in the following
format?

NIC Code Name of % of total Boundary for Whether Results

Product Turnover which the conducted by communicated
/Service contributed Life Cycle independent in public
Perspective / external domain
Assessment agency (Yes/No)
was
conducted (Yes/No) If yes, provide
the web-link.
2023 AOS 10% Cradle to Yes No
Grave
SLES and SLS 12% Cradle to Gate Yes No
Bio 0% Cradle to Yes No
Surfactant Grave

2. If there are any significant social or environmental concerns and/or risks arising from production or
disposal of your products / services, as identified in the Life Cycle Perspective / Assessments (LCA) or
through any other means, briefly describe the same along-with action taken to mitigate the same.

Name of Product / Service Description of the risk / Action Taken

concern
AOS No -
SLES and SLS No -
Bio Surfactant No -

3. Percentage of recycled or reused input material to total material (by value) used in production (for
manufacturing industry) or providing services (for service industry).

Indicate input material Recycled or re-used input material to total material

FY 2023-24 FY 2022-23
- Nil Nil

4. Of the products and packaging reclaimed at end of life of products, amount (in metric tonnes) reused,
recycled, and safely disposed, as per the following format:

Particulars FY 2023-24 FY 2022-23

Re-used Recycled Safely Re-used Recycled Safely
Disposed Disposed
Plastics Nil Nil Nil Nil 1,855 Nil
(including
packaging) in
MT
E-waste Nil Nil Nil Nil Nil Nil
Hazardous Nil Nil Nil Nil Nil Nil
waste
Other waste - - - - - -

19
5. Reclaimed products and their packaging materials (as percentage of products sold) for each
product category.

Indicate product category Reclaimed products and their packaging materials as

% of total products sold in respective category
Not Applicable -

20
 PRINCIPLE 3: Businesses should respect and promote the well-being of all employees, including those in
their value chains.

Essential Indicators

1. a. Details of measures for the well-being of employees:

% of employees covered by
Total Health Accident Maternity Paternity Day Care
Category (A) Insurance Insurance Benefits Benefits Facilities
Number % Number % Number % Number % Number %
(B) (B/A) (C) (C/A) (D) (D/A) (E) (E/A) (F) (F/A)
Permanent Employees
Male 630 630 100% 630 100% 0 0% 630 100% 0 0%
Female 151 151 100% 151 100% 151 100% 0 0% 151 100%
Total 781 781 100% 781 100% 151 19% 630 81% 151 19 %
Other than Permanent Employees
Male 102 102 100% 102 100% 0 0% 0 0% 0 0%
Female 54 54 100% 54 100% 54 100% 0 0% 0 0%
Total 156 156 100% 156 100% 54 35% 0 0% 0 0%

b. Details of measures for the well-being of workers:

% of workers covered by
Total Health Accident Maternity Paternity Day Care
Category (A) Insurance Insurance Benefits Benefits Facilities
Number % Number % Number % Number % Number %
(B) (B/A) (C) (C/A) (D) (D/A) (E) (E/A) (F) (F/A)
Permanent Workers
Male 265 265 100% 265 100% 0 0% 0 0% 0 0%
Female 0 0 0% 0 0% 0 0% 0 0% 0 0%
Total 265 265 100% 265 100% 0 0% 0 0% 0 0%
Other than Permanent Workers
Male 795 786 99 0 0% 0 0% 0 0% 0 0%
Female 12 12 100% 0 0% 0 0% 0 0% 0 0%
Total 807 798 99% 0 0% 0 0% 0 0% 0 0%

c. Spending on measures towards well-being of employees and workers (including permanent and other than
permanent) in the following format –

Particulars FY 2023-24 FY 2022-23

Cost incurred on well-being
measures as a % of total 0.3% 0.2%
revenue of the company

21
2. Details of retirement benefits, for Current FY and Previous Financial Year:

FY 2023-24 FY 2022-23
No. of No. of Deducted No. of No. of Deducted
employees workers and employees workers and
Benefits covered as covered as deposited covered as covered as deposited
a % of total a % of total with the a % of total a % of total with the
employees workers authority employees workers authority
(Y/N/N.A.) (Y/N/N.A.)
PF 100% 100% Yes 100% 100% Yes
Gratuity 100% 100% Yes 100% 100% Yes
ESI NA NA NA NA NA NA
Others – NA NA NA NA NA NA
please
specify

3. Accessibility of workplaces

Are the premises / offices of the entity accessible to differently abled employees and workers, as per the
requirements of the Rights of Persons with Disabilities Act, 2016? If not, whether any steps are being taken by
the entity in this regard.

Being a diversity friendly organization, we ensure to make workplace inclusive for all employees. In terms of
accessibility, we have ramps, rails, wheel chairs, accessible toilets for differently abled employees. At factories, we
intend to evaluate the infrastructure to make them more accessible for differently abled employees. In Ambernath
Factory we already have ramps and infrastructure for accessible workplace. Other options are also being evaluated.

Our Godrej One (Global headquarters) is accessible for differently abled employees and workers with infrastructural
modifications being updated on an on-going basis.

4. 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.

Our Company is an equal opportunity employer. We provide equal opportunities to all employees and to all eligible
applicants for employment in the organization. We respect every individual’s human rights and do not discriminate
on the basis of race, colour, caste, class, gender, sexual orientation, gender identity, religion, political opinion,
nationality, social origin and status, indigenous status, disability, age or any other personal characteristic or status.
This is clearly stated in our Human Rights policy –

https://www.godrejite.com/Godrejite/PolicyDocuments/Policies/GILAC%20Code%20of%20Conduct_V2.0.pdf.

5. Return to work and Retention rates of permanent employees and workers that took parental leave:

Particulars Permanent Employees Permanent Workers

Gender Return to work Retention rate Return to work Retention rate
rate rate
Male 100% 100% NA NA
Female 100% 50% NA NA
Total 100% 88% NA NA

22
6. Is there a mechanism available to receive and redress grievances for the following categories of employees
and worker? If yes, give details of the mechanism in brief.

Particulars Yes/No (If Yes, then give details of the mechanism in brief)
Permanent Workers Yes, at factories, a grievance redressal system is in place, any employee
Other than Permanent Workers working can give his/her (Idea/complaint/suggestion) in writing in any
Permanent Employees language. Blank forms are kept near complaint box. Filled forms have to be
Other than Permanent Employees placed in box kept at multiple location like canteen, gates, control rooms.
Filled forms are collected and submitted to reviewer committee on first
week of every month. Reviewer committee comprises of Site Heads, all
functional heads and union president. This committee evaluates and
redress the grievances received.

Various forums such as Townhalls, Senior Leadership Connects, CEO

Connect, Open House, Amber (AI chatbot) and Employee Suggestion Boxes
are available for employees to share ideas, suggestions, improvements, or
concerns with senior management.

Additionally, there is a dedicated POSH (Prevention of Sexual Harassment)

complaint mechanism and whistle-blower policy for reporting issues related
to harassment or violations of ethical conduct. An online system called
'Conduct' is also implemented to raise and track the status of complaints for
employees.

In addition to the above measures, all employees and workers, including

contractual workforce, can freely reach out to Human Resource
representatives such as HR Business Partners, HR Head, or Factory HRs at
their respective factories for any concerns regarding work, resources,
equipment, infrastructure support, etc.

7. Membership of employees and worker in association(s) or Union(s) recognised by the listed entity:

Category FY 2023-24 FY 2022-23

Total No. of % Total No. of %
employees employees / (B / A) employees employees / (D / C)
/ workers in workers in / workers in workers in
respective respective respective respective
category category, who category category, who
(A) are part of (C) are part of
association(s) association(s)
or Union or Union
(B) (D)
Total 781 0 0% 742 0 0%
Permanent
Employees
Male 630 0 0% 611 0 0%
Female 151 0 0% 131 0 0%
Total 265 265 100% 336 336 100%
Permanent
Workers
Male 265 265 100% 336 336 100%

23
 Female 0 0 0% 0 0 0%

8. Details of training given to employees and workers:

FY 2023-24 FY 2022-23
Total On Health and On Skill Total On Health and On Skill
Category (A) safety measures upgradation (D) safety measures upgradation
No. (B) % (B/A) No. % (C/A) No. (E) % (E/D) No. (F) % (F/D)
(C)
Employees
Male 630 630 100% 531 84% 611 611 100% 611 100%
Female 151 151 100% 117 77% 131 131 100% 131 100%
Total 781 781 100% 648 83% 742 742 100% 742 100%
Workers
Male 265 265 100% 217 82% 336 336 100% 336 100%
Female 0 0 100% 0 0% 0 0 100% 0 100%
Total 265 265 100% 217 82% 336 336 100% 336 100%

9. Details of performance and career development reviews of employees and worker:

FY 2023-24 FY 2022-23
Category Total No. (B) % (B/A) Total No. (D) % (D/C)
(A) (C)
Employees
Male 630 630 100% 611 611 100%
Female 151 151 100% 131 131 100%
Total 781 781 100% 742 742 100%
Workers
Male 265 265 100% 336 336 100%
Female 0 0 0% 0 0 0%
Total 265 265 100% 336 336 100%

10. Health and safety management system:

a. Whether an occupational health and safety management system has been implemented by the entity? (Yes/
No). If yes, the coverage such system?

Occupational health and safety (OHS) is integral to our business philosophy at our Company, particularly in the
chemicals sector where the importance of safety cannot be overstated. We are proud to announce that both our
Valia and Ambernath sites have been certified with ISO 45001 for Occupational Health & Safety Management System
and Responsible Care logo. Aligned with our mission, "Aim for Zero," we continuously strive towards the elimination
of incidents and injuries in the workplace. This mission underscores our unwavering commitment to providing a safe
and healthy environment for all our employees. Every employee who accesses our operating sites at Valia and
Ambernath is covered under our comprehensive OHS management systems. Regular audits are conducted to
ensure strict compliance with safety protocols and to facilitate ongoing improvements in our safety practices. Our

24
 proactive approach to safety not only safeguards our workforce but also contributes to the sustainability and
resilience of our operations.

b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine
basis by the entity?

We have employed a multi-faceted approach to identify work-related hazards and assess risks on both routine and
non-routine bases. Our central safety committee and plant-level safety committees are entrusted with the
responsibility of monitoring and managing safety aspects across our operations.

Safety statistics are meticulously recorded and reported on our dedicated e-platform, enabling real-time tracking
and analysis. In the event of safety-related incidents, root cause assessments are conducted to understand the
underlying reasons and prevent their recurrence.

To systematically address potential risks, we maintain a Hazard Identification and Risk Assessment (HIRA) register
for all plant-related activities. This register allows us to track expected hazards and analyze risks, facilitating the
implementation of appropriate control measures. In addition to HIRA assessments, we utilize various safety
protocols, including Job Safety Analysis (JSA), Hazard and Operability Study (Hazop), Quantitative Risk Assessment
(QRA), and Pre-Startup Safety Review (PSSR). These measures are integral to our comprehensive approach to
ensuring workplace safety. Furthermore, we have conducted a detailed safety assessment that demonstrates none
of our workers have a high incidence of occupational risk or disease. This underscores our commitment to providing
a safe and healthy work environment for all employees.

c. Whether you have processes for workers to report the work-related hazards and to remove themselves from
such risks. (Y/N)

Yes, we have established processes to empower workers to report work-related hazards and remove themselves
from such risks. Our commitment to occupational health and safety includes fostering a culture where employees
feel comfortable reporting hazards and taking necessary actions to mitigate risks. Employees are encouraged to
report any work-related hazards they encounter through various channels, including direct communication with
their supervisors, safety committees, or designated reporting systems. Additionally, anonymous reporting
mechanisms like suggestion/complaint boxes are in place to ensure that employees can raise concerns without
fear of reprisal. Upon receiving a hazard report, our safety committees promptly investigate the issue to assess its
severity and determine appropriate corrective actions. Workers are actively involved in this process, providing
valuable insights and feedback to address safety concerns effectively. Furthermore, our policies support workers'
rights to remove themselves from situations where they perceive imminent danger or unsafe conditions. Employees
are empowered to halt work activities if they believe there is a risk to their health or safety until appropriate measures
are taken to mitigate the hazard.

d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services?
(Yes/ No)

Yes, we have OHC in our plant premises with all facilities. We are in the process of developing a policy for providing
the employees with reimbursements against non-occupational and healthcare services.

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

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

Lost Time Injury Frequency Rate (LTIFR) (per one Employees 0 0
million-person hours worked)
Workers 0 0.65

25
 Safety Incident/Number Category* FY 2023-24 FY 2022-23

Total recordable work-related injuries Employees 0 0

Workers 0 1
No. of fatalities Employees 0 0
Workers 0 0
High consequence work-related injury or ill-health Employees 0 0
(excluding fatalities) Workers 0 1
*Including in the contract workforce

12. Describe the measures taken by the entity to ensure a safe and healthy work place.

In our commitment to ensuring a safe and healthy work environment, we have implemented robust safety practices
and initiatives across our manufacturing sites. Monthly safety performance reviews are conducted by top management
during the Safety and Conversion meet, where both internal and external boards provide valuable insights for
improvement on a quarterly basis. Our Joint Safety Committee, chaired by the Site Head and Safety In-charge,
comprises members from various categories, including staff, operators, and contractors. Regular training sessions are
conducted for both company and contractor employees on a range of topics such as behavioural safety, fire safety,
SCBA, MSDS, EMS-OHS standards, and Responsible Care. To bolster safety awareness, we conduct emergency drills
and training exercises regularly. Periodic risk assessment studies, including HAZOP, HAC, JSA, JRA,PSSR, and
workplace monitoring studies, are integral to our safety protocols. Additionally, we conduct weekly and monthly
inspections, Artificial intelligence and HIRA assessments, cross-functional safety audits, and external safety audits.

Our management conducts safety tour rounds monthly, and safety moments are shared before formal meetings. The
ritual of taking a safety pledge before commencing work in the morning reinforces our commitment to safety. We hold
monthly safety meetings with all departments and conduct "Safety ki Pathshala" for contractors. Furthermore, our CEO
actively participates in monthly safety meetings to review safety practices. Ensuring the well-being of our employees is
paramount, and our Occupational Health Centre (OHC) operates round the clock to provide necessary medical
assistance. Regular medical check-ups are conducted for all employees, including contract workers, and detailed
health records are maintained diligently.

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

Particulars FY 2023-24 FY 2022-23

Filed Pending Remarks Filed Pending Remarks
during the resolution at during the resolution at
year the end of year the end of year
year
Working Conditions Nil Nil - Nil Nil -
Health & Safety Nil Nil - Nil Nil -

14. Assessments for the year:

Particulars % of your plants and offices that were assessed (by entity or statutory
authorities or third parties)
Health and safety practices 100 % of employees working at our facility were assessed by different 3 rd party audit
ISO 45001, Responsible care, SMETA and internal audits.
Working Conditions Internal audits, ISO 45001 and SMETA.

15. Provide details of any corrective action taken or underway to address safety-related incidents (if any) and on
significant risks / concerns arising from assessments of health & safety practices and working conditions.

26
We take prompt and decisive corrective actions to address the root causes and prevent recurrence. Upon conducting
thorough investigations and root cause analyses, appropriate measures are implemented to mitigate risks and enhance
safety practices. If an incident reveals deficiencies in equipment maintenance, we prioritize repairs or replacements to
ensure optimal functioning. If the incident indicates gaps in employee training or awareness, additional training
sessions or refresher courses are organized to reinforce safety protocols.

Gas Detectors are used for early detection of Hydrogen and SO2 gas.

Installation of lifeline fall arrestor system at various location at tanker unloading points.

Critical Areas in plant are monitored by CCTV for identifying deviation and early action.

Learning from event meeting, One page lesson on safety is introduced and shared month.

Significant risks or concerns identified through assessments of health and safety practices and working conditions
prompt proactive measures to mitigate these risks effectively. Whether it involves addressing ergonomic hazards,
chemical exposures, or procedural deficiencies, our organization prioritizes continuous improvement to enhance
workplace safety.

Leadership Indicators

1. Does the entity extend any life insurance or any compensatory package in the event of death of (A) Employees
(Y/N) (B) Workers (Y/N).

Yes, Insurance coverage is in place for all employees and workers. The Company has policies in place to provide
financial assistance to the legal dependents of the employees in case of death while in service.

2. Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and
deposited by the value chain partners.

On sample basis, Suppliers are assessed on ESG parameters and it is ensured that Statutory dues such as PF,
gratuity, etc are deducted and paid accordingly.

3. Provide the number of employees / workers having suffered high consequence work-related injury / ill-health
/ fatalities (as reported in Q11 of Essential Indicators above), who have been rehabilitated and placed in
suitable employment or whose family members have been placed in suitable employment:

Particulars Total no. of affected employees/ No. of employees/workers that are

workers rehabilitated and placed in suitable
employment or whose family members
have been placed in suitable employment
FY 2023-24 FY 2022-23 FY 2023-24 FY 2022-23
Employees Nil Nil Nil Nil
Workers Nil Nil Nil Nil

4. Does the entity provide transition assistance programs to facilitate continued employability and the
management of career endings resulting from retirement or termination of employment? (Yes/ No)

There are no policies or transition assistance programs to facilitate continued employability and the management of
career endings resulting from retirement or termination of employment.

27
5. Details on assessment of value chain partners:

Particulars % of value chain partners (by value of business done with such
partners) that were assessed
Health and safety practices We assess 100% import supplier for our critical RM
Working Conditions We assess 100% import supplier for our critical RM

6. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from
assessments of health and safety practices and working conditions of value chain partners.

We are floating self-assessment questionnaire to our suppliers annually, along with our supplier code of conduct.
Few suppliers on sample basis are selected for verification. We also provide recommendations to suppliers based
on observations identified.

28
 PRINCIPLE 4: 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.

We at Godrej Industries have identified and prioritized our key stakeholders on the basis of their influence on our
operations and also our impact on them. We continue our engagement with them through various mechanisms
such as, consultations with local communities, supplier/ vendor meets, customer/ employee satisfaction surveys,
investor forums, etc. As a responsible business, we work closely with our communities to understand their needs
and build synergies. In the past we carried out a detailed community needs assessment of villages around our Valia
and Ambernath manufacturing plants with the help of a third-party agency.

2. List stakeholder groups identified as key for your entity and the frequency of engagement with each
stakeholder group.

Stakeholder Whether Channels of communication Frequency of Purpose and scope of

Group identified as (Email, SMS, Newspaper, engagement engagement including key
Vulnerable & Pamphlets, Advertisement, (Annually/ Half topics and concerns raised
Marginalized Community Meetings, Notice yearly/ Quarterly during such engagement
Group (Yes/No) Board, Website), Other / others)
Board No Email, Annual Reports, Meetings, Ongoing / Role and responsibility of
Personnel Visits, Notice and Quarterly Board of Directors defined
Agenda of Meetings under the Companies Act,
2013 and SEBI (LODR)
Regulations, 2015.
Therefore, the Board and its
Committees meet from time
to time to discuss and
approve the statutory
requirements.
Shareholders No Annual General Meeting, Ongoing Transparency, goodwill,
shareholder meets, email, Stock Share price appreciation,
Exchange (SE) intimations, annual dividends, profitability and
report, quarterly results, media financial stability, cyber
releases, Company / SE website risks, growth prospects.
Employees No Senior leaders’ communication / Ongoing Responsible Care (RC),
talk/forum, town hall briefing, goal innovation, operational
setting and performance appraisal efficiencies, improvement
meetings/review, exit interviews, areas, long-term strategy
arbitration/ union meetings, plans, training and
wellness initiatives, engagement awareness, responsible
survey, email, intranet, flat marketing, brand
screens, websites, poster communication, health,
campaigns, house magazines, safety and engagement
confluence, circulars, quarterly initiative.
publication, newsletters.
Customers No •Regular business reviews with Ongoing •Carbon footprint / Carbon
key customers. disclosure.
•Customer satisfaction surveys •Management of
and feedback Environmentally hazardous
•Customer audits and customer substances.
questionnaire responses. • Innovation

29
 Stakeholder Whether Channels of communication Frequency of Purpose and scope of
Group identified as (Email, SMS, Newspaper, engagement engagement including key
Vulnerable & Pamphlets, Advertisement, (Annually/ Half topics and concerns raised
Marginalized Community Meetings, Notice yearly/ Quarterly during such engagement
Group (Yes/No) Board, Website), Other / others)
•Meeting customer requirements •Customer Satisfaction
and requests for improvement on Survey.
environmental and social
responsibility.
Government No Statutory and Legal compliance Ongoing Environmental and Social
and Regulatory filings compliance
bodies
Suppliers & No •Supplier workshops and annual Annually •Environmental initiatives
Vendors suppliers meet. (e.g., reduced packaging and
•Suppliers consultation and recycling).
auditing. •Supply chain management.
•Informing suppliers through •Compliance with laws and
feedback mechanism. regulations.
•Supplier Sustainability •Work environment and
assessment questionnaire. hygiene.
•Machine/ equipment safety.
• Human Rights.

Leadership Indicators

1. Provide the processes for consultation between stakeholders and the Board on economic, environmental,
and social topics or if consultation is delegated, how is feedback from such consultations provided to the
Board.

Our stakeholders are at the heart of our process of determining material topics so as to collectively address ESG
aspects and develop lasting solutions. Periodic engagement with stakeholders helps us to effectively channel our
strategies to be able to deliver against company wide sustainability goals while following an inclusive, multi-
dimensional approach. We use the stakeholder prioritization matrix to understand key stakeholders to our business
and the type of engagement to be carried out with each of them - consult, collaborate, keep informed & engage. Our
regular interactions through various engagement modules aid us in collecting important feedback, thereby
enhancing our performance and value addition. While the kind of our engagement methods can differ from an ad-
hoc meeting to long term partnership, it is always driven by our core values. Our key stakeholder groups comprise
of employees, customers, regulatory bodies, shareholders, team members, suppliers, sustainability experts,
media, competitors, academia and the communities around operational sites. We use formal and informal
engagement methods to communicate with our stakeholders through various communication platforms. Through
this, we map stakeholder feedback and concerns. Appropriate action plans are also developed to address
expectations. These concerns and expectations form a vital input for our materiality assessment and in developing
short and long term business goals. The Stakeholder engagement exercise was conducted using the principles and
guidelines from the AASES1000 Stakeholder engagement standard which uphold inclusivity, materiality and
responsiveness. We abide by the three principles of materiality, completeness and responsiveness to ensure
holistic engagement and maximum outreach.

30
2. Whether stakeholder consultation is used to support the identification and management of environmental,
and social topics (Yes / No). If so, provide details of instances as to how the inputs received from stakeholders
on these topics were incorporated into policies and activities of the entity.

Yes. The Company recognizes the vitality of obtaining feedback from Stakeholders. Based on inputs: (i) the policies
and procedures adopted by the Company are suitably amended / modified, (ii) critical or priority areas needing
special attention are identified and policies are devised suitably.

3. Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/
marginalized stakeholder groups.

Not Applicable.

31
 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:

Category FY 2023-24 FY 2022-23

Total (A) No. of % (B/A) Total (C) No. of %
employees / employees / (D/C)
workers workers
covered covered
(B) (D)
Employees
Permanent 781 781 100% 742 742 100%
Other than
156 156 100% 144 144 100%
Permanent
Total Employees 937 937 100% 886 886 100%
Workers
Permanent 265 265 100% 336 336 100%
Other than
807 807 100% 895 895 100%
Permanent
Total Workers 1,072 1,072 100% 1,231 1,231 100%

2. Details of minimum wages paid to employees and workers, in the following format:

Category FY 2023-24 FY 2022-23

Total (A) Equal to More than Total Equal to More than
Minimum Minimum (D) Minimum Wage Minimum
Wage Wage Wage
No. % No. % (C/A) No. % (E/D) No. %
(B) (B/A) (C) (E) (F) (F/D)
Employees
Permanent 781 0 0% 781 100% 742 0 0% 742 100%
Male 630 0 0% 630 100% 611 0 0% 611 100%
Female 151 0 0% 151 100% 131 0 0% 131 100%
Other than
156 53 34% 103 66% 144 0 0% 144 100%
Permanent
Male 102 51 50% 51 50% 111 0 0% 111 100%
Female 54 2 4% 52 96% 33 0 0% 33 100%
Workers
Permanent 265 0 0% 265 100% 336 0 0% 336 100%
Male 265 0 0% 265 100% 336 0 0% 336 100%
Female 0 0 0% 0 100% 0 0 0% 0 0%
Other than
807 791 98% 16 2% 895 879 98% 16 2%
Permanent
Male 795 779 98% 16 2% 892 876 98% 16 2%

32
 Category FY 2023-24 FY 2022-23
Total (A) Equal to More than Total Equal to More than
Minimum Minimum (D) Minimum Wage Minimum
Wage Wage Wage
No. % No. % (C/A) No. % (E/D) No. %
(B) (B/A) (C) (E) (F) (F/D)
Female 12 12 100% 0 0% 3 3 100% 0 0%
3. Details of remuneration/salary/wages

a. Medium remuneration / wages:

Particulars Male Female

Number Median remuneration / Number Median remuneration /
salary / wages of salary / wages of
respective category respective category
Board of Directors (BoD) 2 14,61,05,574 1 9,18,05,572
Key Managerial Personnel 1 2,52,57,415 1 41,46,877
Employees other than BoD
801 4,62,846 178 16,10,853
and KMP
Workers 306 7,63,508 - -

b. Gross wages paid to females as % of total wages paid by the entity, in the following format:

Particulars FY 2023-24 FY 2022-23

Gross wages paid to females as 20% 16%
% of total wages

4. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or
issues caused or contributed to by the business? (Yes/No)

Yes, we have a central Human resource team who is responsible for addressing human rights impacts or
issues caused or contributed to by the business. We actively monitor that the human rights are not violated or
threatened in any form. The Policy may please be accessed on:

https://www.godrejchemicals.com//public/pdfs/codes_policies/ethics/Godrej_Chemicals_Human_Rights_
Policy_L.pdf.

5. Describe the internal mechanisms in place to redress grievances related to human rights issues.

a. At factories, a grievance redressal system is implemented to encourage workers to freely voice any
concerns regarding their work or workplace. They can raise issues or complaints to a dedicated
committee, which resolves them promptly and fairly.
b. We have POSH policy in place and Internal complaints committee to register, evaluate and resolve the
complaints if received any.
c. Whistle Blower-We have whistle blower policy that allows the employees, directors and stakeholders,
including individual employees and their representatives bodies, to freely communicate their concerns
about illegal or unethical practices. Anyone can report using the helpline number, email, web portal and
chatbot.

33
 Various forums such as Townhalls, Senior Leadership Connects, CEO Connect, Open House, and
Employee Suggestion Boxes provide avenues for employees to share ideas, suggestions, improvements,
or concerns with senior management.

Additionally, a dedicated POSH complaint mechanism and whistle-blower policy are in place to address
issues related to harassment or violations of ethical conduct. An online system named 'Conduct' is also
introduced to facilitate the reporting and tracking of complaints for employees. The employees can use
the POSH hotline no. 18002662068 to raise any concerns.

Moreover, all employees and workers, including contractual workforce, have the option to approach
Human Resource representatives such as HR Business Partners, HR Head, or Factory HRs at their
respective locations for any concerns regarding work, resources, equipment, or infrastructure support.

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

Particulars FY 2023-24 FY 2022-23

Filed Pending Remarks Filed Pending Remarks
during resolution at during resolution at
the year the end of the year the end of
the year the year
Sexual Harassment 0 0 - 0 0 -
Discrimination at 0 0 - 0 0 -
workplace
Child Labour 0 0 - 0 0 -
Forced Labour / 0 0 - 0 0 -
Involuntary Labour
Wages 0 0 - 0 0 -
Other human rights 0 0 - 0 0 -
related issues

7. Complaints filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013, in the following format:

Particulars FY 2023-24 FY 2022-23

Total Complaints reported under Sexual Harassment of Women at 0 0
Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH)
Complaints on POSH as a % of female employees / workers 0 0
Complaints on POSH upheld 0 0

8. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment

cases.

a. In line with the Godrej values, GIL Industries is committed towards creating a safe and dignified working
environment and culture free from any form of Sexual Harassment, exploitation or intimidation, and has a
zero-tolerance policy towards any Sexual Harassment at the Workplace.

34
 b. We have formed Internal Committee (IC) for each of our work locations - head office, factories, and
branches, to conduct an Inquiry into a complaint of Sexual Harassment at the Workplace. We have also
brought in online system called 'Conduct' to raise and track status against complaints for employees.

c. The Company and the IC will take all reasonable measures to ensure that any person who has lodged a
complaint under this policy or given evidence or other assistance as part of an Inquiry under this policy, in
good faith, is protected and not subjected to any Retaliatory Conduct.

9. Do human rights requirements form part of your business agreements and contracts? (Yes/No)

Yes. We ensure that all our business partners are committed to respect human rights and comply with
international, state laws and regulations and in line with Godrej's way of working, as reflected in our business
contracts and supply chain sustainability audits.

10. Assessments for the year:

Particulars % of your plants and offices that were assessed (by entity or
statutory authorities or third parties)
Child labour 100%
Forced / involuntary labour 100%
Sexual harassment 100%
Discrimination at workplace 100%
Wages 100%
Others- please specify -

11. Provide details of any corrective actions taken or underway to address significant risks / concerns
arising from the assessments at Question 10 above.

At GIL, we conducted an internal audit of Human Right practices for each work location including factories.
From the findings of this assessment, we identified a few areas of Human Rights to strengthen further across
our factories and the team has worked on those areas by doing awareness trainings for all employees on
POSH, Human Rights and Ethics, across all our locations. Also, reinforcement assessments are conducted
on the above topics.

Leadership Indicators

1. Details of a business process being modified / introduced as a result of addressing human rights
grievances/complaints.

Our human rights policy, publicly available, aligns with internationally recognized frameworks such as the
International Bill of Human Rights. This policy encompasses diverse aspects, including respect for human
rights in terms of diversity, equality of opportunity, and fair treatment. Specifically, it addresses human rights
in the workplace, emphasizing the prohibition of child labor and forced labor, adherence to industry standards
regarding wages and benefits, and ensuring a safe working environment free from harassment. Additionally,
our policy extends to human rights in the communities where we operate, encompassing various community
initiatives and year-round volunteering programs. In FY 2023-24 we have not made any modification in
business processes for our current monitoring, addressing human rights, grievances/complaints.

35
2. Details of the scope and coverage of any Human rights due-diligence conducted.

The organization upheld the principles of human rights and it is aligned with Human Rights policy. The
organization regularly create awareness among its employees on the /human rights policy through various
training programs. The Human Rights assessment is conducted on a yearly basis. Supplier engagement was
enhanced by conducting Supplier meet at our factories where they were made aware about Responsible Care
and Human Rights. Our both the manufacturing facilities have demonstrated SMETA 4 pillar audit.

3. Is the premise/office of the entity accessible to differently abled visitors, as per the requirements of the
Rights of Persons with Disabilities Act, 2016?

Yes.

4. Details on assessment of value chain partners:

Particulars % of value chain partners (by value of business done with

such partners) that were assessed
Sexual Harassment 100 %
Discrimination at workplace 100 %
Child Labour 100 %
Forced Labour / Involuntary Labour 100 %
Wages 100 %
Others- please specify -

5. Provide details of any corrective actions taken or underway to address significant risks / concerns
arising from the assessments at Question 4 above.

No such significant risks / concerns and hence not applicable.

36
 PRINCIPLE 6: Businesses should respect and make efforts to protect and restore the environment.

Essential Indicators

1. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following format:

Parameter FY 2023-24 FY 2022-23

From renewable resources
Total electricity consumption 16,080 14,798
(A) (GJ)
Total fuel consumption (B) (GJ) 9,88,571 14,99,293
Energy consumption through other - -
sources (C) (GJ)
Total energy consumed from renewable 10,04,651 15,14,091
sources (A+B+C) (GJ)
From non-renewable sources
Total electricity consumption 2,14,900 1,35,462
(D) (GJ)
Total fuel consumption (E) (GJ) 5,74,241 5,72,738
Energy consumption through other - -
sources (F) (GJ)
Total energy consumed from non- 7,89,141 7,08,200
renewable sources (D+E+F) (GJ)
Total energy consumed (A+B+C+D+E+F) 17,93,792 22,22,291
(GJ)
Energy intensity per rupee of turnover 0.00006 0.00005
(Total energy consumed /Revenue from
operations) GJ/INR
Energy intensity per rupee of turnover - -
adjusted for Purchasing Power Parity
(PPP)

(Total energy consumed / Revenue from

operations adjusted for PPP)
Energy intensity in terms of physical 9 10
output GJ/MT of production
Energy intensity (optional) – the relevant - -
metric may be selected by the entity
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency. -Yes, by TUV India Private Limited

2. Does the entity have any sites / facilities identified as designated consumers (DCs) under the
Performance, Achieve and 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

37
3. Provide details of the following disclosures related to water, in the following format:

Parameter FY 2023-24 FY 2022-23

Water withdrawal by source (in kilolitres)
(i) Surface water 8,33,149 7,98,665
(ii) Groundwater Nil Nil
(iii) Third party water Nil Nil
(iv) Seawater /desalinated water Nil NIl
(v) Others Nil Nil
Total volume of water withdrawal (in 8,33,149 7,98,665
kilolitres) (i + ii + iii + iv + v)
Total volume of water consumption (in 8,33,149 7,98,665
kilolitres)
Water intensity per rupee of turnover 0.00003 0.00002
(Total water consumption /Revenue from
operations)
Water intensity per rupee of turnover - -
adjusted for Purchasing Power Parity
(PPP)
(Total water consumption/ Revenue from
operations adjusted for PPP)
Water intensity in terms of physical 3.97 3.59
output (KL/MT)
Water intensity (optional) – the relevant - -
metric may be selected by the entity
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

4. Provide the following details related to water discharged:

Parameter FY 2023-24 FY 2022-23

Water discharged by destination and level of treatment (in kilolitres)
(i) To Surface water Both our Manufacturing Facilities are Zero Discharge Liquid
- No treatment - -
- With treatment- please specify level - -
of treatment
(ii) To Groundwater - -
- No treatment - -
- With treatment- please specify level - -
of treatment
(iii) To Seawater - -
- No treatment - -
- With treatment- please specify level - -
of treatment
(iv) Sent to third-parties - -
- No treatment - -
- With treatment- please specify level - -
of treatment
(v) Others - -
- No treatment - -
- With treatment- please specify level - -
of treatment
Total water discharged (in kilolitres) - -

38
 Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency-Yes, by TUV India Private Limited.

5. Has the entity implemented a mechanism for Zero Liquid Discharge? If yes, provide details of its
coverage and implementation.

At GIL, we have developed a robust waste management framework to meet with the sustainability challenges
of the chemical industry. All materials and manufacturing processes are conducted in a conscious manner to
yield minimal waste. We follow five R’s of waste management - reduce, reuse, recycle, recover and residual
management. We go beyond compliance to ensure effective waste management. Our waste management
strategy includes collection, segregation, recycling and disposal in a scientific manner. We have an in-house
effluent treatment plant (ETP) to treat wastewater generated at our facilities. Our ETP plant manages effluents
generated from our facilities. Our effluent management has helped us reduce our impact on local water
resources. Both our manufacturing sites - Valia and Ambernath - are zero liquid discharge facilities (ZLD).

6. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
Parameter Please FY 2023-24 FY 2022-23
specify unit
NOx MT 53 12
Sox MT 41 26
Particulate matter (PM) MT 80 56
Persistent organic pollutants - -
(POP)
Volatile organic compounds - -
(VOC)
Hazardous air pollutants (HAP) - -
Others – please specify - -
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

7. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the
following format:

Parameter Unit FY 2023-24 FY 2022-23

Total Scope 1 emissions Metric tonnes 32,268 32,335
(Break-up of the GHG into CO2, CH4, of CO2
N2O, HFCs, PFCs, SF6, NF3, if equivalent
available)

Total Scope 2 emissions Metric tonnes 47,149 29720

(Break-up of the GHG into CO2, CH4, of CO2
N2O, HFCs, PFCs, SF6, NF3, if equivalent
available)

Total Scope 1 and Scope 2 TCO2/INR 0.000003 0.000001

emission intensity per rupee of
turnover
(Total Scope 1 and Scope 2 GHG
emissions/ Revenue from
operations)

39
 Parameter Unit FY 2023-24 FY 2022-23
Total Scope 1 and Scope 2 - - -
emission intensity per rupee of
turnover adjusted for Purchasing
Power Parity (PPP)
(Total Scope 1 and Scope 2 GHG
emissions/ Revenue from operations
adjusted for PPP)
Total Scope 1 and Scope 2 Tco2e/ton of 0.37 0.28
emission intensity in terms of production
physical output
Total Scope 1 and Scope 2 - - -
emission intensity (optional) – the
relevant metric may be selected by
the entity
Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

Please note that the values of GHG emissions reported here are in terms of metric T CO2 only. However, going
forward we plan to develop a mechanism to calculate the emissions in terms of CO2 equivalent.

8. Does the entity have any project related to reducing Green House Gas emission? If Yes, then provide
details.

We are committed to the Group’s Good & Green vision of building an inclusive and greener world. At the core
of our sustainability strategy, we focus on maximizing our resource efficiency and reducing our environmental
impact. All our green targets are focused around these two aspects. To reduce scope 1 emissions in our
operational areas, we have increased the number of briquette boilers for steam generation and also for
thermic fluid heating in plant. We have decentralized Cooling tower in Ambernath unit which reduced our
power consumption for cooling water circulation across the plant. For controlling our scope 2 emissions, we
have installed solar rooftop for electricity generation and have also started wheeling our wind energy power
for Ambernath unit. For Valia, we have commissioned biomass-based cogeneration plant that generates green
electricity and also fulfill the steam requirement. It will reduce our scope 2 emissions and also drastically
improve our renewable portfolio. We are committed to decarbonizing our operations in line with the WB2DS
set by the global SBTi committee.

9. Provide details related to waste management by the entity, in the following format:

Parameter FY 2023-24 FY 2022-23

Total Waste generated (in metric tonnes)
Plastic Waste (A) 224.19 104
E-waste (B) 32.67 -
Bio-medical waste (C) 0.005 -
Construction and demolition waste - -
(D)
Battery waste (E) - -
Radioactive waste (F) - -
Other Hazardous waste. Please 8,972 13,811
specify, if any. (G)

40
 Parameter FY 2023-24 FY 2022-23
Total Waste generated (in metric tonnes)
Other Non-Hazardous waste 4,282 518
generated (H). Please specify, if any.
(Break-up by composition i.e. by
materials relevant to the sector)
Total (A + B + C + D + E + F +G + H) 13,510.87 14,433
Waste intensity per rupee of 0.0000005 0.0000003
turnover
(Total waste generated / Revenue
from operations)
Waste intensity per rupee of - -
turnover adjusted for Purchasing
Power Parity (PPP)
(Total waste generated / Revenue
from operations adjusted for PPP)
Waste intensity in terms of physical 0.064 0.064
output (MT/ton of production)
Waste intensity (optional) – the - -
relevant metric may be selected by
the entity

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

Category of waste
(i) Recycled 12,198 13,997
(ii) Re-used - -
(iii) Other recovery operations - -
Total 12,198 13,997
For each category of waste generated, total waste disposed by nature of disposal method (in
metric tonnes)
Category of waste
(i) Incineration 80 437
(ii) Landfilling 841 -
(iii) Preprocessing 17,07 -
Total 2,628 437

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

10. Briefly describe the waste management practices adopted in your establishments. Describe the
strategy adopted by your company to reduce usage of hazardous and toxic chemicals in your products
and processes and the practices adopted to manage such wastes.

At GIL, we have developed a robust waste management framework to meet with the sustainability challenges
of the chemical industry. All materials and manufacturing processes are conducted in a conscious manner to
yield minimal waste. We follow five R’s of waste management - reduce, reuse, recycle, recover and residual
management. We go beyond compliance to ensure effective waste management. Our waste management

41
 strategy includes collection, segregation, recycling and disposal in a scientific manner. Policy is available-
https://www.godrejchemicals.com/sustainability/codes-and-policies.

11. If the entity has operations/offices in/around ecologically sensitive areas (such as national parks,
wildlife sanctuaries, biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation
zones etc.) where environmental approvals / clearances are required, please specify details in the
following format:

S. No. Location of operations/offices Type of operations Whether the conditions of

environmental approval /
clearance are being complied
with? (Y/N)
If no, the reasons thereof and
corrective action taken, if any.
Not Applicable

12. Details of environmental impact assessments of projects undertaken by the entity based on applicable
laws, in the current financial year:

Name and brief EIA Date Whether Results Relevant

details of project Notification conducted by communicated Web link
No. independent in public
external domain
agency (Yes / (Yes / No)
No)

EC Expansion EIA 07-05-2023 Yes (M/s. No PARIVESH

application for Notification, Siddhi Green 2.0
increment in some 2006 & Excellence Pvt.
existing products & subsequent ltd.)
addition of new amendments
products

13. 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:

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

1 We are complying with the Nil Nil Nil

applicable environmental
law/ regulations/ guidelines
in India such as the Water
(Prevention and Control of
Pollution) Act, Air (Prevention

42
 and Control of Pollution) Act,
Environment Protection act.

Leadership Indicators

1. Water withdrawal, consumption and discharge in areas of water stress (in kilolitres):

For each facility / plant located in areas of water stress, provide the following information:
(i) Name of the area - Valia and Ambernath.
(ii) Nature of operations - Manufacturing of Oleo Chemicals.
(iii) Water withdrawal, consumption and discharge in the following format:

Parameter FY 2023-24 FY 2022-23

Water withdrawal by source (in kilolitres)
(i) Surface water 8,33,149 7,98,665
(ii) Groundwater Nil Nil
(iii) Third party water Nil Nil
(iv) Seawater / desalinated water Nil Nil
(v) Others Nil Nil
Total volume of water withdrawal (in 8,33,149 7,98,665
kilolitres)
Total volume of water consumption (in 8,33,149 7,98,665
kilolitres)

Water intensity per rupee of turnover (Water 0.00003 0.00002

consumed / turnover) (KL/INR)

Water intensity (optional) – the relevant metric 3.97 3.59

may be selected by the entity (KL/MT) of
production

Water discharge by destination and level of treatment (in kilolitres)

(i) Into Surface water Both our Manufacturing Facilities are Zero Discharge Liquid
- No treatment - -
- With treatment- please specify level - -
of treatment
(ii) Into Groundwater
- No treatment - -
- With treatment- please specify level - -
of treatment
(iii) Into Seawater
- No treatment - -
- With treatment- please specify level - -
of treatment
(iv) Sent to third-parties
- No treatment - -
- With treatment- please specify level - -
of treatment
(v) Others
- No treatment - -
- With treatment- please specify level - -
of treatment
Total water discharged (in kilolitres) - -

43
 Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

2. Please provide details of total Scope 3 emissions & its intensity, in the following format:

Parameter Unit FY 2023-24 FY 2022-23

Total Scope 3 emissions Metric tonnes of 3,44,803 3,72,434
(Break-up of the GHG into CO2 equivalent
CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, if available)
Total Scope 3 emissions per (T Co2 e /INR) 0.000013 0.000010
rupee of turnover
Total Scope 3 emission (T Co2e/MT of 1.6 1.92
intensity (optional) – the production)
relevant metric may be
selected by the entity

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency.-Yes, by TUV India Private Limited.

3. With respect to the ecologically sensitive areas reported at Question 11 of Essential Indicators above,
provide details of significant direct & indirect impact of the entity on biodiversity in such areas along-
with prevention and remediation activities. -Not Applicable.

4. If the entity has undertaken any specific initiatives or used innovative technology or solutions to improve
resource efficiency, or reduce impact due to emissions / effluent discharge / waste generated, please
provide details of the same as well as outcome of such initiatives, as per the following format:

Sr. Initiative Details of the initiative (Web-link, if any, may be Outcome of

No. undertaken provided along-with summary) the initiative

1 Screw Blower https://www.godrejindustries.com/investors/annual- 1,23,677 KWH

Installation reports
2 Cogeneration plant https://www.godrejindustries.com/investors/annual- 7900 T co2 e
reducing Scope 2 reports GHG emissions
emissions and reduced
increasing
renewable energy
3 Installation of Heat https://www.godrejindustries.com/investors/annual- 4900 KWH/Day
exchanger reports

5. Does the entity have a business continuity and disaster management plan? Give details in 100 words/
web link.

We have built a sturdy Business Continuity Plan to further strengthen our business. Our Business Continuity
Plan (BCP) consists of annual budgeting, long-term budgeting, a career development plan for employees and
succession plan for all the key positions. The assessed operational impacts include those related to life safety,
customer service, revenue/ cash flow, public image, regulatory, product development, competitive

44
 advantage, financial control/ reporting, liability increase. The main objective is to ensure business continuity
and zero negative impact on society, environment, stakeholders and economic losses. To make this BCP more
robust in the company, organization conducts internal risk assessments and trainings for its employees and
workers. Major organizational risks are identified, measured, monitored and reviewed by central risk review
committee. This risk review committee consists of board of directors.

6. Disclose any significant adverse impact to the environment, arising from the value chain of the entity.
What mitigation or adaptation measures have been taken by the entity in this regard.

Environmental Aspects and Impact analysis is conducted and reviewed on an annual basis to identify
significant and non-significant environmental aspects. Preventive and additional control measures are taken
to mitigate or minimize the identified significant environmental impacts. No adverse impacts identified

7. Percentage of value chain partners (by value of business done with such partners) that were assessed
for environmental impacts.

We expect our suppliers to engage and improve their sustainability performance to achieve the larger goal of
creating a sustainable value-chain. In case of a severe or major violation of our code of conduct, a follow-up
assessment takes place based on or within the mutually agreed target date of completion of identified
findings. We have even floated self-assessment questionnaire and are planning to rate the suppliers based on
their self-assessment report. Moreover, we’ve conducted supplier engagement meetings to spread
awareness on the E, S and G pillars.

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 PRINCIPLE 7: Businesses, when engaging in influencing public and regulatory policy, should do so in a
manner that is responsible and transparent.

Essential Indicators

1. a. Number of affiliations with trade and industry chambers/ associations.

b. List the top 10 trade and industry chambers/ associations (determined based on thetotal members
of such body) the entity is a member of/ affiliated to.

Sr. Name of the trade and industry Reach of trade and industry
No. chambers/associations chambers/associations
(State/National)
1 Indian Chemical Council National
2 CII (Confederation of Indian Industries) National
3 Council & CII Western Region National
4 IFCCI-Indo French Chamber of Commerce International
5 RSPO-Roundtable for Sustainable Palm Oil International
6 Responsible care International
7 FICCI National
8 QCFI National
9 CHEMEXCIL National
10 Federation of Gujarat Industries National

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.

Name of authority Brief of the case Corrective action taken

Not Applicable

Leadership Indicators

1. Details of public policy positions advocated by the entity:

Sr. Public policy Method resorted Whether Frequency of Web Link,

No. advocated for such advocacy information Review by Board if
available in (Annually/ Half available
public yearly/ Quarterly/
domain? Others-please
(Yes/No) specify)
- - - - - -
- - - - - -

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 PRINCIPLE 8: Businesses should promote inclusive growth and equitable development

Essential Indicators

1. Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable
laws, in the current financial year.

Name and SIA Date of Whether Results Relevant web

brief details Notification notification conducted by communicated link
of project No. independent in public
external domain
agency (Yes/No)
(Yes/No)
Not applicable, however Giving back is also a crucial part of our business development strategy. We also
have a CSR committee in place to review, monitor and provide strategic inputs on our sustainability efforts.
Our CSR interventions include initiatives related to Education, Water, Sanitation and Skill Building
Initiatives. At GIL Chemicals, we continue to uphold Godrej Group’s Good and Green vision, that aims to
create a more inclusive and greener world.

2. Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being
undertaken by your entity, in the following format:

S. No. Name of Project State District No. of Project % of PAFs Amounts paid
for which R&R is Affected covered to PAFs in the
ongoing Families (PAFs) by R&R FY (in INR)
Not Applicable

3. Describe the mechanisms to receive and redress grievances of the community.

The Community grievances, if any can be submitted at the security desk. Any complaint so received is
forwarded to Admin department for further action

4. Percentage of input material (inputs to total inputs by value) sourced from suppliers:
Particulars FY 2023-24 FY 2022-23
Directly sourced from MSMEs/ small 30% 39 %
producers
Directly from within India 64% 76%

5. Job creation in smaller towns- Disclose wages paid to persons employed (including employees or
workers employed on a permanent or non-permanent/ on contract basis) in the following locations, as
% of total wage cost

Location FY 2023-24 FY 2022-23

Rural - -
Semi-urban - -
Urban 25.65% 27.48%
Metropolitan 74.35% 72.52%
(Place to be categorized as per RBI Classification System - rural / semi-urban / urban / metropolitan)

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 Leadership Indicators

1. Provide details of actions taken to mitigate any negative social impacts identified in the Social Impact
Assessments (Reference: Question 1 of Essential Indicators above):

Details of negative social impact identified Corrective action taken

Not Applicable

2. Provide the following information on CSR projects undertaken by your entity in designated aspirational
districts as identified by government bodies:

Sr. No. State Aspirational District Amount Spent (In INR)

Not Applicable

3. (a) Do you have a preferential procurement policy where you give preference to purchase from
suppliers comprising marginalized /vulnerable groups? (Yes/No)- No
(b) From which marginalized /vulnerable groups do you procure?- No
(c) What percentage of total procurement (by value) does it constitute?-No

4. Details of the benefits derived and shared from the intellectual properties owned or acquired by your
entity (in the current financial year), based on traditional knowledge:

S. No. Intellectual Property Owned/Acquired Benefit shared Basis of

based on traditional (Yes/No) (Yes/No) calculating
knowledge benefit share
- - - - -

5. Details of corrective actions taken or underway, based on any adverse order inintellectual property
related disputes wherein usage of traditional knowledge is involved

Name of authority Brief of the Case Corrective action taken

Not Applicable

6. Details of beneficiaries of CSR Projects:

S. No. CSR Project No. of persons benefitted % of beneficiaries
from CSR Projects from vulnerable and
marginalized groups
- Not Applicable - -

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 PRINCIPLE 9: Businesses should engage with and provide value to their consumers in a responsible
manner.

Essential Indicators

1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback.

At Godrej Industries limited, we have a dedicated Quality assurance team which conducts customer
satisfaction survey once in every two years to understand levels of customer satisfaction with products
and services provided by the Company.

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

Particulars As a percentage of total turnover

Environmental and social parameters relevant to the 100 %
product
Safe and responsible usage 100 %
Recycling and/or safe disposal 100 %

3. Number of consumer complaints in respect of the following:

Particulars FY 2023-24 Remarks FY 2022-23 Remarks

Received Pending Received Pending

during resolution during the resolution at
the year at end of year end of year
year
Data privacy Nil NIL - Nil NIL -
Advertising Nil NIL - Nil NIL -
Cyber-security Nil NIL - Nil NIL -
Delivery of Nil NIL - Nil NIL -
Essential
services
Restrictive Nil NIL - Nil NIL -
Trade Practices
Unfair Trade Nil NIL - Nil NIL -
Practices
Other Nil NIL - Nil NIL -

4. Details of instances of product recalls on account of safety issues:

Particulars Number Reasons for recall

Voluntary recalls Nil Not Applicable
Forced recalls Nil Not Applicable

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 5. 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.

Yes, we have a GILAC Information Security policy which is applicable to all Godrej companies to
incorporate, access and monitor cyber security practices/incidents; conduct cyber security related
awareness campaigns across GILAC; Identification and mitigation of Cyber Security vulnerabilities. Our
security systems are ISO 27001:2022 certified.

6. Provide details of any corrective actions taken or underway on issues relating toadvertising, 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.

Since your company is compliant, there was no corrective action suggested by an auditing or inspecting
authority for FY 2023-24

7. Provide the following information relating to data breaches: None

a) Number of instances of data breaches
b) Percentage of data breaches involving personally identifiable information of customers
c) Impact, if any, of the data breaches

Leadership Indicators

1. Channels / platforms where information on products and services of the entity can be accessed
(provide web link, if available).

We display product information like product trade name, gross weight, tare weight etc. on regular product
labels. Our product labelling carry adequate information about Storage, Handling, transportation and
dispatch enabling safe and effective usage of our products. Along with each product shipment, we provide
MSDS (Material Safety data sheet) that includes details of material storage, transportation, and handling.
Also, we share information concerning product hazard as per the GHS (Globally Harmonized System of
Classification and Labelling of Chemicals. All our raw materials which are developed to provide the highest
efficacy and safety according to decades of accumulated technology and strict internal standards. We
have developed method that can verify quality of each raw material. The process for verification is based
on chemical properties, Manufacturing processes , MSDS(Material Safety Data sheet) and international
guidelines and safety assessment results. And we have REACH, KOSHER and HALAL certifications for our
products as per EU regulations. Website link - https://www.godrejchemicals.com.

2. Steps taken to inform and educate consumers about safe and responsible usage of products and/or
services.

We educate consumer through our Safety Data Sheets (SDS), Questionnaires, Product Brochures,
Customer Interactions.

3. Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential

services.

We keep our customers informed about any disruption time to time if any in case of any changes that would
impact our customers.

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4. Does the entity display product information on the product over and above what is mandated as per
local laws? (Yes/No/Not Applicable) If yes, provide details in brief. Did your entity carry out any survey
with regard to consumer satisfaction relating to the major products / services of the entity, significant
locations of operation of the entity or the entity as a whole? (Yes/No)

Yes, we have storage and handling instructions on labels. We display product information like product
trade name, gross wt., tare wt. etc. on regular product labels. And our dedicated team conducts customer
satisfaction survey once in every two years to understand levels of customer satisfaction with products and
services provided by the Company. Technical data sheet and safety data sheet provided for more
information as per Globally Harmonized System.

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