- Geo Politics Risk: Tension between key trading partners could lead to tariff and trade restrictions. Geopolitical instability in trade routes could result in supply chain disruption, higher cost and delays.
- Climate Change Risk: Climate change adversely impacts the growth and production of yarn.
- Water Management Risk: Water is mainly required for processing the textiles consumes.
- Regulatory changes: Any regulatory changes can change the way company operates.
- Health and Safety risk: Manufacturing operations carry an inherent risk of injury.
- Employee/ Worker engagement: Any strike/dispute can disturb functioning of the organisation.
Faze Three Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 3: 165.4K MT of CO2 equivalent in FY2022-23. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
35% (at Silvassa location)
of total energy
Water Usage
595.9K kilolitres in FY2023-24
2023-24
Waste
44.624 metric tonnes in FY2023-24
2023-24
Energy Use
5.8M MJ (renewable) + 191760246.1 MJ (non-renewable) in FY2023-24
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 165.4K MT of CO2 equivalent in FY2022-23 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Installed Rooftop Solar of 2.1 MW at Silvassa location for captive consumption contributing up to 35% of existing electricity units consumed.
- Finished goods warehouses are operated by fully Electric lithium-ion fleet of forklifts/reach trucks.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance