Sundram Fasteners Ltd 2020 SR
The report details Sundram Fasteners Limited's sustainability performance and business responsibility initiatives for the 2019-2020 fiscal year. A significant highlight is the company's achievement of a 48.14% renewable energy share in its total energy consumption, resulting in a reduction of 80,205 MT of CO2 emissions. The company has implemented various green initiatives, including transitioning to hazard-free coatings and developing products like electric water pumps to meet Bharat Stage VI norms. Furthermore, the company emphasizes local sourcing and provides comprehensive safety and skill training to all permanent employees. It also maintains a strong focus on corporate social responsibility, spending 2% of its average net profits on education, healthcare, and environmental sustainability.
Company: Sundram Fasteners Ltd
Sector: Manufacturing
Country: India
Year: 2020
Type: SR
Pages: 9
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Sundram Fasteners Ltd
Business Responsibility Report
The report details Sundram Fasteners Limited's sustainability performance and business responsibility initiatives for the 2019-2020 fiscal year. A significant highlight is the company's achievement of a 48.14% renewable energy share in its total energy consumption, resulting in a reduction of 80,205 MT of CO2 emissions. The company has implemented various green initiatives, including transitioning to hazard-free coatings and developing products like electric water pumps to meet Bharat Stage VI norms. Furthermore, the company emphasizes local sourcing and provides comprehensive safety and skill training to all permanent employees. It also maintains a strong focus on corporate social responsibility, spending 2% of its average net profits on education, healthcare, and environmental sustainability.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Employees