Grasim Industries Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-23, 2021-04 to 2022-03, 2020-04 to 2021-03, 2019-04 to 2020-03, 2018-19

In its 2023-04 to 2024-03 reporting, Grasim Industries Limited disclosed greenhouse gas emissions of 11.35 million tCO2e/year. By scope: Scope 1: 5.31 million tCO2e/year; Scope 2: 1.19 million tCO2e/year; Scope 3: 4.85 million tCO2e/year. 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.

💨
GHG Emissions
11.35 million tCO2e/year
2023-04 to 2024-03
⚡
Renewable Energy
11%
of total energy
💧
Water Usage
53.91 million m3/year
2023-04 to 2024-03
♻️
Waste
1.0M tons/year
2023-04 to 2024-03
⚙️
Energy Use
68.28 million GJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).5.31 million tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.19 million tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).4.85 million tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0311.35 million tCO2e/year
2022-2367.3M tCO2e/year (Scope 1 & 2)
2021-04 to 2022-0366.0M tCO2e/year (Scope 1) + 2439149 tCO2e/year (Scope 2) + 4810000 tCO2e/year (Scope 3)
2020-04 to 2021-035.25 million MT CO2e
2019-04 to 2020-035.9M tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 50% in CSF manufacturing by 2024-25
  • Increase renewable power share to 25% by 2024-25
  • Grow circular products to 100,000 tonnes per year by 2024-25
  • Birla Opus to reach ₹10,000 crore revenue by 2027-28

📅 Medium-term

  • Reduce GHG emission of main product (Chlor-Alkali) by 30% by 2029-30
  • Reduce GHG emission intensity by 50% in CSF by 2029-30
  • Increase renewable power share to 70% in Textiles by 2029-30
  • Birla Pivot to reach $1 billion revenue in 3-4 years

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeDiversityGovernanceCommunity DevelopmentResponsible Supply ChainResource EfficiencyOccupational Health and SafetyHuman Rights

⚠️ Challenges & Risks +

  • Subdued demand and lower key input prices impacting Cellulosic Fibres prices
  • Volatility in global commodity prices impacting Caustic Soda realisations
  • Low priced exports from China posing challenges to Cellulosic Fashion Yarn demand
  • Subdued demand from selected end-user industries and oversupply of Chlorine derivatives impacting Chemicals profitability
  • Increased imports affecting demand and prices in Cellulosic Fibres and Chemicals
  • Increased competition impacting market share
  • Geopolitical shifts leading to supply chain disruptions
  • Emerging regulations and policies
  • Non-availability of water impacting Cellulosic Fibre and Chemical Businesses
  • Demand-supply mismatch of chlorine

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: IFRS, Integrated Reporting Framework, GRI Standards (2021), BRSR (SEBI), UNGC, UN SDGs, CDP, TCFD
Assurance: BDO India LLP