ExcelMaintain leadership and cost competitiveness in Basic Chemistry Products
Enabler
- Expand capacities
- Excellence in cost management and operational efficiency
Priorities for FY 2021-22
- Maximise production and sales
- Efficient cash flow management
- Expand value added portfolio (Sodium Bicarbonate grades for Animal Nutrition, Pharma and Industrial applications)
Progress in FY 2020-21
- Capacity expansion of Soda Ash, Sodium Bicarbonate and Salt on track
- Ongoing cost improvement programmes
Risks associated
- Slow demand recovery
- Rising input cost (Energy & Material)
KPIs tracked
Sales:
- Soda Ash: 3,023 KT
- Sodium Bicarbonate: 221 KT
- Salt : 1,581 KT
Refer page 03 for more enablers on Basic Chemistry Products
EnableFocus on Innovation, Digitisation & Sustainability as transformation platforms
Innovation
Enabler
- Modern Innovation Centres
- Scientific Advisory
Board (SAB)
Progress in FY 2020-21
- Developed multiple new
products and formulations
- Strengthened platform
technologies for customised
formulations
Priorities for FY 2021-22
- Commercialise new
launches
- Improve yield for FOS
- Enhance customer
connect and market
penetration in HDS
- Develop natural rubber
grade Silica
- Enhance revenue
contribution of new
products in Crop
Nutrition
- Enhance presence in
Specialty Fertilisers
Risks associated
- Product /
technology
obsolescence
- Regulatory
and legal
environment
- Long gestation
period
KPIs
tracked
- Cumulative
patents filed:
163
- No. of
Registrations:
47
- R&D
Investments:
₹ 70 crore
(including Rallis)
Digital
Enabler
- Digital infrastructure / platform
for automation and analytics
- Organisation-wide usability
of digital assets
Progress in FY 2020-21
- Set up a unified IT organisation
for better cyber security support
- Started multiple digital initiatives
to enhance efficiency and drive
analytics
- Initiated Industrial Internet of
Things (IIoT) systems journey
Priorities for FY 2021-22
- Modernise the ERP, adopt
cloud-first strategy and step-up
security
- Implement Warehouse and
Transportation Management
Systems
Risks associated
- Technologies / platforms
obsolescence
KPIs
tracked
-
Digital Maturity
Assessment
Score:
2.68 (on
the scale of 5)
Sustainability
Enabler
- Corporate
sustainability policy
- Science Based
Targets Initiative
(SBTi) commitment
to reducing
absolute carbon
footprint
- UN SDG alignment
- Product
stewardship
- Following CDP,
UNGC and
<IR>
framework
- Active member of
ICC, IMA, CII, CIA,
ESAPA
- Business &
Biodiversity Policy
- Business & Human
Rights Policy
Progress in FY 2020-21
- Measuring CO2
emission based on
SBTi
- Initiated unit-wise
CO2 reduction target
and execution
planning
- Circular Economy:
100% fly ash
consumption
- Consumed ~ 372.52
MT of plastic waste
in FY 2020-21 in
cement kiln
- Completed
sustainability
assessment for India
operations
Priorities for FY 2021-22
- SBTi action plan for
carbon abatement
- Climate change risk
assessment & adaptation
strategy
- Develop path to carbon
neutrality
- Assessment of Impact
and Dependency on
Biodiversity
- Human rights gap
assessment and
mitigation
Risks associated
- Non-compliance
risk
- Climate
change
KPIs
tracked
- Absolute Scope
1+2 GHG
Emission (CO2
e):
4,125 KT
(FY 2019-20:
4,446 KT) ()
- % Water
Recycled:
90
(FY 2019-20:
86) ()
- % Waste
(Limestone)
recycled
in Indian
Operations:
90.10
(FY 2019-20:
86.69) ()
Refer page 34-35 for more details on Innovation, page 36 for Digitalisation and page 46-49 for Sustainability
