Godrej Sustainability Report

07 Dear Stakeholder, It gives me immense pleasure to present Godrej & Boyce’s Sustainability Report for the period 2016-19. This report emphasizes G&B’s economic, environmental and social performance, while highlighting our strategic sustainability initiatives. Since our inception, we have been aware of our responsibility to demonstrate, propagate and accelerate business responsibility. G&B has accelerated its approach to sustainability and actions in line with India’s sustainable development growth trajectory by greening its operations and addressing needs of local community through unique and scalable community initiatives. Our UN SDGs aligned 'Good & Green Vision', an effort to integrate sustainability in regular business practices, aims to ensure 40 per cent reduction in energy consumption, achieve zero waste and carbon neutrality, and have one-third of our portfolio revenues from green products and services. Under Good & Green we also strive to enable sustainable development of the communities through skilling of 2 million youth. I am happy to inform that we are making good progress on all three 2020 goals. At G&B, we are constantly encouraging innovation and investing in technology. I am happy to report that our 10 manufacturing units are GREENCO certified and 5 units - 3 in Shirwal and one each in Mohali and Mumbai, have got the Platinum GreenCo certification for their efforts in green manufacturing. In our operations, we achieved the water positive status in 2015, are on track to achieve the target of diverting 100% of non- hazardous waste from landfills and have significantly reduced greenhouse gas emissions (GHG) emissions through improved efficiency and use of clean sources of energy. Matching our unwavering focus on the environment is our compassion for the community. Through ‘Project Disha’, our flagship program we contributed to training of around 1,31,000 underprivileged youth in vocational skills. We are also following an integrated approach towards sustainable community development around our operations, focussing on four key areas - Education, Environment, Health & Sanitation and Livelihood. We have embedded the emerging sustainable development priorities in our design process as well. Life cycle assessment has been mainstreamed in our design process to identify opportunities to improve the green quotient of our products. Today all our consumer facing divisions offer a good range of environment friendly products for the discerning environment conscious customers steadily growing in numbers. Going forward, from a sustainable development perspective, we will focus on integrating climate-related risks in operations; fully integrating sustainability in supply chain; wider offering of sustainable products and services and enhanced disclosures. On behalf of the entire leadership team, I reaffirm our commitment of sustainability and look forward to your support and feedback. Jamshyd Godrej Chairman Godrej & Boyce Mfg. Co. Ltd. CHAIRMAN’S MESSAGE