- Sub-normal monsoons and lower reservoir levels impacted crop sowings and agri-inputs consumption.
- Sharp correction in nutrient-based subsidy rates impacted the fertilizer industry's viability.
- High channel inventories and price erosion in agrochemical markets.
- Global headwinds in Crop Protection resulted in margin pressure.
- Disruptions in global supply chains due to geopolitical tensions.
Coromandel International Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Coromandel International Limited disclosed greenhouse gas emissions of 171.7K tCO2e (Scope 2 location-based). By scope: Scope 1: 117.1K tCO2e/year; Scope 2: 167.5K 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
171.7K tCO2e (Scope 2 location-based)
2023-04 to 2024-03
Water Usage
63.9 lakh kL/year
2023-04 to 2024-03
Waste
64.9K tons/year
2023-04 to 2024-03
Energy Use
27.7 lakh GJ/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 117.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 167.5K 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 period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 171.7K tCO2e (Scope 2 location-based) |
| 2021-22 | 271.7K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Commissioned a 1650 ton per day Sulphuric acid plant at Visakhapatnam with low emission standards. Steam generated is used for captive power generation.
- Commissioned a 6 million litres per day desalination plant at Vizag.
- Centre of Excellence building at Vizag received IGBC Green Building Gold ratings.
- Covered more than 28000 acres through drone spraying from its Gromor Drive and Retail store network.
- Achieved a score of 61 in DJSI Corporate Sustainability Assessment (50 in 2022).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Expand retail store footprint by 100 stores in FY24-25.
- Increase share of alternate water source to 20% by 2025.
- Achieve 100% EPR compliance in plastic waste management by 2025.
- Introduce 8 crop solutions targeting resource use efficiency by 2025.
- Increase drone spraying coverage to 2 lakh acres by 2025.
📅 Medium-term
- Reduce Scope 1 & Scope 2 emissions by 25% by 2030.
- Increase share of renewable energy to 20% by 2030.
- Achieve water neutrality in SSP operations by 2030.
- Increase share of female/differently abled employees to 7.50% by 2030.
🌱 ESG Focus Areas
Protecting the PlanetMinimizing Resource UseInclusive Growth