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ESG Roadmap

At Uno Minda Group, we understand how crucial it is to follow sustainable business practices and ethical standards to guarantee a more promising and resilient future for all. We are advancing through our ESG Roadmap, which represents our strategic efforts and progress towards accomplishing our environmental, social, and governance (ESG) goals during the next coming years, driven by our commitment to sustainable development. Incorporating ESG parameters into our operations and value chain, in our opinion, not only makes us more resilient but also benefits our stakeholders, the communities in which we operate, and the environment in general.

What ESG Means for Our Business?

In our business, sustainability refers to a comprehensive approach to socially and ecologically conscious products, processes, activities, and services. The automobile sector, together with our Group, is actively pursuing ten important factors to improve sustainability. From "Sustainable Research And Development" To "Equitable Labour Policies," these features span the whole automotive value chain, from R&D to mobility services.

ESG Governance

Sustainability Governance
Sustainability Pillars

Environmental Impact

Energy & Emissions

Water Management

Waste Minimisation

Employee and Community Well- Being

Employment

Occupational Health and Safety

Training and Education

Diversity and Equal Opportunity

Local Communities

Responsible Product Offering

Product Quality and Safety

Product Design and Lifecycle Management

Supply Chain Management

Ethical Business Conduct

Economic Value Creation

Regulatory Compliance

Stakeholder Engagement

Approach to Management

Uno Minda aims to be the greenest automotive Company in the world. The Company has an ambitious roadmap for achieving this target. The Company’s meaningful impact on collective well-being can be seen through their alignment with the SDGs.

70%

of Our Plants are ISO 14001, ISO 45001 Certified

ESG in a Nutshell

Use of renewable energy in our plants

Monitoring water consumption: We have installed sewage treatment plants and effluent treatment plants across majority of our operational locations. Additionally, we aim to enhance the water utilisation efficiency within the operations

Uno Minda places a high priority on fair and inclusive workplace practices. Equal opportunity, non-discriminatory recruiting, skill development, training programmes, a safe workplace, work-life balance, and employee engagement are some of the initiatives

We prioritise occupational health and safety through the implementation of stringent procedures, regular audits, training, awareness-raising, and the development of a culture of accountability and safety among staff members

We are an equal opportunity employer and champion the diversity & inclusion through a range of measures and actions

Resources Footprints

0.05

Water Consumption Intensity in '000 kL per Revenue in ₹ Crores

0.001

Waste Intensity in '000 MT per Revenue in ₹ Crores

FY 2023-24 - Progress for Uno Minda

Uno Minda Group has carried out GHG inventorisation and reporting of its Greenhouse Gas (GHG) emissions, including the direct and energy indirect emissions (Scope 1 and 2). The Company may plan to conduct third-party assurance of its GHG emissions (with respect to the BRSR boundary) in FY 2024-25, in accordance with ISO 14064 standard.

This reduction can be attributed to the emission reduction and energy-saving initiatives such as the use of LED lights and motion sensor tube lights, the installation of energy-saving ceiling fans, automating systems to optimise energy use, and the replacement of IE2 motors with IE3 motors among others. We have decreased our energy and fuel consumption usage, which has further led to a reduction in GHG emissions.

Supply Chain

Uno Minda is dedicated to fostering a responsible and sustainable supply chain in collaboration with its suppliers. To fulfil this commitment, the Company conducts training sessions for suppliers on various sustainability aspects, including resource optimisation, energy management, and water management, among others.

83%

of Procurement Budget Spent for Purchases from Local Suppliers

Fostering an Inclusive Ecosystem

Uno Minda carefully assesses and thus prefers those suppliers who are in alignment with their sustainability vision. The Group’s preference is to choose suppliers who are in near vicinity of the Company's plants.

Through these efforts, Uno Minda has successfully cultivated a significant number of domestic suppliers and collaborates with them to elevate their standards to align with international benchmarks.

Uno Minda assesses its existing as well as new suppliers using the check sheet prepared for environmental and social parameters. These parameters evaluate the suppliers on waste management, GHG emission management, health and safety as well as working conditions.

Material Usage (By Weight)
Parameter Units FY 2022-23 FY 2023-24
Steel Metric tonne 11,635 8,461
Plastic Metric tonne 25,535 33,153
Lead Metric tonne 4,643 4,075
Nickel Metric tonne 19 17
Rubber Metric tonne 2,625 2,339
Aluminium Metric tonne 64,087 80,879
Tin Metric tonne 7 2
Copper Brass Metric tonne 1,616 2,254

Use of recycled and reused materials in operations (in metric tonne)

ESG Roadmap

Integrating social and environmental responsibility into all our activities is central to our corporate identity. We believe that long-term economic success relies on responsible actions and social approval. By adopting efficient, eco-friendly production processes and offering innovative mobility solutions, we achieve a competitive edge. This commitment to sustainability is embodied in our corporate strategy, the 'Green Pathway to 2030.'

2030 ESG Roadmap

ENVIRONMENT

Promoting
sustainable
supply chain

We are dedicated to developing cleaner and greener supply chains.

Adapting to policy
transitions and climate
change risks

Our strategy involves managing policy changes and climate transition risks to enhance business resilience.

Driving
decarbonisation

We are committed to achieving carbon neutrality by promoting low-carbon operations and transitioning to renewable energy sources.

Decreasing
environmental
footprint

Efforts to reduce our environmental footprint include water conservation, practising circular economy principles, and minimising impacts on natural capital.

Environmental goals

We are dedicated to minimising our environmental impact through the careful management of natural resources. Our environmental practices focus on improving existing processes and systems while implementing more efficient methods for new operations. In line with our organisation's objectives and targets, we are developing a comprehensive strategy to fulfil our environmental commitment.

In FY 2022-23, India made nationally determined contributions to the United Nations' Framework Convention on Climate Change, emphasising balanced and fair contributions to a sustainable future. Our ESG targets align with the Indian Government's vision for achieving net-zero operations.

Focus areas for environment

Water conservation and reuse

Reduction, reuse, and recycling of waste

Carbon footprint reduction and transition to renewable energy

Water conservation and reuse

Our water management strategy emphasises meticulous collection and innovative utilisation methods to optimise available and sourced water. We implement several conservation initiatives in our plants, including replacing old pipelines, reusing treated water to minimise wastewater, utilising treated water for flushing and gardening, and installing aerators to reduce water usage. Additionally, we have introduced waterless urinals as a pilot project to further decrease daily water consumption. We have taken initiatives for installation of rainwater harvesting structures for replenishing groundwater sources.

Water consumption

We are committed to reducing water consumption across all our plants and continuously improving our efficiencies. To optimise available and sourced water, we implement several conservation measures at our manufacturing sites. These include conducting water audits, installing waterless urinals, regularly monitoring water consumption with analogue meters, and educating stakeholders on the prudent use of water.

For FY 2023-24, our total water consumption was reported as 7,57,329 kL. The increase in water usage is attributed to higher production sales and a rise in workforce. To address this, we have implemented several measures to reduce the pressure on water bodies throughout our supply chain and mitigate any negative impacts of our operations.

At our Switch Division in Pune, approximately 12,000 litres of water are conserved monthly through various water conservation measures, including the installation of waterless urinals in toilets, a BIN washing machine, cooling tower fin replacement, float valve setting, and a float arrangement at the powder coating spray tank. Similarly, Uno Minda has implemented other conservation initiatives such as installing water sensor taps on all hand washing and drinking water taps, saving around 35 KL per day. Additionally, at another site, 29 KL of ETP water is used for gardening purposes. Looking ahead, we plan to implement an optimise water consumption across various processes in our plants.

1,92,970

kL

Water has been treated

100%

Discharged water is treated

Reduction, reuse and recycling of waste

Our primary vision for waste management focusses on reducing and reusing waste. We adhere to the 3R principle: Reduce, Reuse, and Recycle. To manage waste materials efficiently, we implement various initiatives that consider environmental impact, social effects, and commercial viability. Hazardous waste is disposed of through government-approved vendors to ensure proper disposal. Non-hazardous waste is primarily recycled by sending it to competent recyclers.

Attributing to our continuously improving waste management practices, we have committed to increase the percentage of recycling of our waste by FY 2024-25.

49%

Waste recycled

14,923

tonnes

Total waste generated in operations

2,841

tonnes

Hazardous waste diverted from landfills

Carbon footprint reduction and transition to renewable energy

Energy management in India has become increasingly important due to the growing population, rapid industrialisation, and rising demand for resources such as lighting, cooking, space cooling, mobility, industrial production, and office automation. However, strategies for efficient resource use and carbon emission reduction have lagged. This inefficiency, coupled with the unnecessary use of energy resources, has led to a significant increase in greenhouse gas emissions. In response, Uno Minda has adopted the use of renewable energy resources, reducing reliance on non-renewable energy sources over consecutive financial years.

Over the past two financial years, we have achieved a notable reduction in energy consumption from non-renewable sources relative to sales. Concurrently, our use of renewable electricity has increased from FY 2021-22, now (FY 2023-24) accounting for 18% of our total electricity consumption for business and related activities. To achieve this, we have developed robust methods to optimise our energy portfolio and incorporate multiple sources of clean energy. This transition from non-renewable to renewable energy sources is guided by a detailed plan aimed at achieving carbon neutrality. By improving energy management systems and adopting efficient technologies, we are actively working to mitigate emissions. Key resources such as biodiesel and electricity wheeled from renewable energy plants are instrumental in helping the Group reduce its carbon footprint.

Social goals

We recognise that the well-being and development of our employees, stakeholders, and the communities in which we operate are crucial for achieving long-term success. By prioritising social initiatives, fostering inclusive practices, and promoting a culture of empathy and respect, we aim to positively impact society while advancing our business. We are dedicated to empowering our workforce, nurturing strong relationships with our stakeholders, and contributing to societal betterment. This reflects Uno Minda’s holistic approach to sustainability and commitment to being a responsible corporate citizen.

Focus areas for social development

Diversity and inclusion

Employee health and safety

Corporate social responsibility

Creating value through stakeholder engagement

Diversity and inclusion

We believe that fostering diversity and inclusion in the workplace is essential for ensuring that all employees feel respected and valued. This approach not only boosts overall happiness but also enhances employee commitment and retention. Diversity and inclusion are integral to our recruitment practices, culture development, campus programmes, social responsibility initiatives, family engagement efforts, multiplier networks, and employee health and well-being programmes.

We are committed to continually improving as an organisation that champions gender diversity and provides equal opportunities for all. Our long-term sustainability goal regarding diversity and inclusion is to leverage our diverse workforce to increase competitiveness and enhance our innovative strength.

1,365+

Female employees on shop floors

Employee health and safety

As a responsible organisation, we firmly believe that prioritising safety is not only a moral obligation but also a crucial component of our business operations. We are committed to fostering a culture of safety at all levels of our organisation. To achieve this, we continually assess our safety performance against industry-leading standards. Our ultimate objective is to create a workplace that adheres to the highest safety standards, ensuring the well-being of both our employees and contract workers. By striving for excellence in safety, we aim to set a benchmark for best-in-class safety practices within our industry.

Our long-term sustainability goal is to preserve the health and performance of our employees by promoting personal responsibility and creating a well-designed work environment.

1,06,651

Hours of health and safety training

Corporate social responsibility

At Uno Minda, we view effective corporate citizenship as a fundamental aspect of our business vision. As a global corporation, we recognise our responsibility to address significant societal issues, particularly in areas where our expertise can make a tangible impact. We believe that our initiatives not only help overcome societal challenges but also create value for our Company.

₹ 13.14

Crores

CSR expenditure for FY 2023-24

At Uno Minda Group, we are committed to giving back to society. Our Corporate Social Responsibility (CSR) initiatives are carried out through the Suman Nirmal Minda Foundation (SNMF), the dedicated CSR arm of Uno Minda Group. Our efforts focus on key thematic areas: education, skill development, preventive and curative healthcare, and community development and well-being. These initiatives primarily benefit women, children, youth, adolescent girls, and underserved sections of society.

We follow a structured framework to plan and implement our CSR initiatives. Our approach begins with need identification within the community through baseline surveys, interviews, and focus group discussions. Based on the findings from these assessments, we plan and strategise our programmes to meet the specific needs and feasibility of the community. We ensure continuous monitoring and review of our programmes through an effective monitoring framework, allowing us to measure impact and make necessary adjustments for maximum benefit.

We achieve this by fostering collaboration among diverse social stakeholders, which leads to the emergence of innovative ideas. The knowledge gained from these experiences further enhances innovation within our core business. Our projects are designed to contribute to the achievement of the United Nations' Sustainable Development Goals (UN SDGs), particularly SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), SDG 10 (Reduced Inequalities), and SDG 17 (Partnerships for the Goals).

Our long-term goal is to create sustainable livelihood opportunities and promote quality, value-based education, positioning ourselves as a leader in social development initiatives for our stakeholders.

3,608

Beneficiaries provided with vocational training & educational programmes

24,000+

Lives benefitted

100%

Stakeholder engagement plans for PRI members, community members, and local administration

Creating value through stakeholder engagement

We recognise that the well-being and development of our employees, stakeholders, and the communities in which we operate are critical to achieving long-term success. By prioritising social initiatives, fostering inclusive practices, and promoting a culture of empathy and respect, we aim to create a positive societal impact while driving our business forward. We are dedicated to empowering our workforce, nurturing strong relationships with our stakeholders, and contributing to the betterment of society. This approach reflects Uno Minda's holistic commitment to sustainability and its dedication to being a responsible corporate citizen.

5,473

New hires during FY 2023-24

Employee well-being

At Uno Minda, the health and well-being of our employees, both physically and mentally, have always been a top priority. To support this commitment, we have implemented a comprehensive employee well-being programme that serves as an Employee Assistance Program (EAP) with a particular focus on promoting mental wellness. Additionally, we have developed various initiatives aimed at enhancing employee welfare. These include workshops on physical health, educational opportunities, family welfare and insurance policies, women’s health initiatives, medical check-up camps, and health drives.

Employee training and upskilling

To thrive in a constantly evolving environment, it's crucial that we consistently improve our skills and knowledge. We offer our employees a variety of learning opportunities to support their professional development, helping us maintain our competitive advantage. As part of this initiative, we emphasise functional excellence, cross-functional learning, and technology training. By focussing on these areas, we aim to keep our workforce adaptable, competent, and up-to-date with the latest expertise, allowing us to succeed in the ever-changing business landscape.

5.8 Hours

Average training per employee

100%

Employees trained for ethical conduct