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Being a Catalyst for Change

ESG stands for Environmental, Social and Governance. At Welspun India, we are striving to be the global leader in the use of the ESG framework by enabling a sustainable and circular approach in all our operations.

In our CEO Dipali Goenka's words, 'I believe businesses can be a catalyst for change, and so we remain driven to propel the well-being of our environment, society and stakeholders with a strong governance bedrock."

Environment

Sustainable Raw Materials

Welspun strives to minimize the environmental burden on raw materials and create a positive social impact by obtaining sustainable cotton through a better cotton initiative, organic cotton. We have also converted waste fiber into cotton fiber and used recycled polyester made from recycled plastic as sustainable raw material. This has reduced our waste to landfill. For some of our programs, we have used waste fabric cuttings as packaging instead of plastic and converted over a ton of plastic waste into recycled packaging for products. Sourcing sustainable cotton - Our 2030 goal is to 100 percent obtain sustainable cotton including organic, BCI etc. In FY20-21 WIL consumed around 45% from sustainable sources.

Sustainable Farm Initiative

Sustainable farm initiative was envisaged to create a strong, self-reliant farming community and enhance the quality of life of everyone through balanced sustainable growth. To achieve these objectives, multiple interventions were conducted in different dimensions involved in farming. To improve the agronomic knowledge of farmers, guidance was provided on management practices that would help them in achieving sustainable production of cotton. A gap analysis was also conducted to identify the opportunities that can help farmers in reducing cost and increase harvest. Farmers were also introduced to best practices in cotton picking, cotton picking, storage, and segregation thus improving fiber quality. Efforts were also made to improve farmer's access to capital by supporting them in obtaining credit from partner banks and financial institutions. For a holistic development, a sensitization drive addressing social issues like using child /bonded / forced labor, gender inequality was conducted.

Far Impact:
12167, farmers were a part of this initiative this year 10429 MT of BCI cotton and 71 MT Organic cotton grown in Nakhatrana in Gujarat and Vardha area in Maharashtra. More than 5000 hours of training to farmers on sustainable farming methods.

Sustainable production

We have carried out the Life Cycle Assessment (LCA) of our products range, including towels, bedsheets, rugs and TOB (Top of Bed), to help us identify additional opportunities to reduce environmental impact across the value chain. Based on the insights from the assessment, we align product design and innovation towards reducing environmental impacts from cradle to grave Organic Textile Standard (GOTS) and OEKO-TEX® Standard 100 ensure our textile products are manufactured in a responsible way, right from the harvesting of raw materials to manufacturing processes To align our chemical management with the requirements of safer chemistry we follow the ZDHC requirements which not only guide factories on chemical inventory and safe use of chemicals both for humans as well as the environment but also enables continuous improvement in our processes and treatment methods.

Our energy management practices are targeted to improve energy efficiency and enable reduction in energy consumption year on year. Energy efficiency is achieved through process and equipment modification, optimization of use and introducing new technology. In FY20-21, WIL saved 175704 GJ of energy.

Sustainable production

We are working to ensure the sustainability of local water sources everywhere we operate and reduce our freshwater intake. We have taken several initiatives to promote the efficient use of water. Water is obtained from sources such as municipal supply and rainwater. In a city like Anjar situated in Kutch (desert) region of Gujarat that hardly receives rainfall, Welspun set up a sewage treatment plant (STP) of 30 Million Liters per Day capacity in the year 2016. The STP treats sewage generated from 3 municipalities (Gandhidham, Adipur and Anjar), recycles and reuses the water which has enabled zero use of freshwater for our factory processes. This initiative has ensured more availability of fresh water to the neighboring communities

Governance

The Governance structure for ESG at WIL

ESG COMMITEE (BOARD LEVEL)

MD/CEO

GROUP SUSTAINABLITY HEAD

COPORATE FUNCTIONS

  • HUMAN RESOURCES
  • SALES AND MARKETING CORPORATE COMMUNICATION
  • LOGISTICS & SUPPLY CHAIN
  • PRODUCT INNOVATION
  • FINANCE
  • IT

ANJAR

  • PROCUREMENT
  • HEALTH & SAFETY
  • ENVIRONMENT
  • PRODUCTION
  • PRODUCT DEVELOPMENT

VAPI

  • PROCUREMENT
  • HEALTH & SAFETY
  • ENVIRONMENT
  • PRODUCTION
  • PRODUCT DEVELOPMENT

Social

Diversity and Inclusion

Welspun creates a conducive environment to engagement, alignment, innovation and high performance by employing people from different backgrounds and capacities. The same is reflected in the Equal Opportunity Policy which ensures that no employee receives less favorable facilities or treatment on grounds of gender, marital status, disability, race, color, nationality, ethnic origin, religion and age. While we create opportunities through employment, our practices enable us to create a workforce that is diverse, inclusive and fair to all.

% of female workforce throughout the year

Learning and Development

In order to integrate the culture of one Welspun, the Group has a Centre of excellence which has a Learning and Culture team. Our constant effort is to build synergy from an organizational perspective and also to build flexibility to ensure the relevance of learning is aligned to business needs. In FY 20-21 more than 35000 hours were dedicated to only skill upgradation training.

We Learn in an online platform that offers courses of different types based on behavioral and functional requirements, making this accessible from anywhere, anytime

With an aim to build leaders who can be at the helm and steer different companies and functions under the Welspun Group, there is a Group Leadership Program

Future Leaders Program - focuses on developing and assigning leadership roles for the next generation of leaders.

Occupational health and safety

We are conscious about the health and safety risks our workers are exposed to and are committed to maintain a zero harm workplace.

We adhere to the ISO 45001-2018 certification at all our facilities to ensure our operations are conducted in line with international standards on health and safety. In addition to it, we are OEKO-TEX® Standard 100 certified and follow the REACH regulations that restrict the use of harmful substances in our manufacturing processes. We provide mandatory safety trainings to our employees, contractors, sub-contractors and other agencies at regular intervals on Health and Safety aspects such as fire safety, emergency preparedness, and office safety.