Page 7 - ABG ESG Report

ESG is the new currency
with which a company's

ability to sustain itself is

being transacted.

I feel very enthusiastic about the ESG To complement these enablers, we have rankings. DJSI also ranked ABFRL as
targets we have adopted at the Group various tools, either developed in-house Asia's 'Most Sustainable Company' in the
and business levels and the partnerships or procured through expert networks. Textile, Apparel & Luxury Goods
we have forged towards achieving them. The mainstay being the ABG Sustainable Industry'. Birla Cellulose was again
These performance targets at ABG and Business Framework of policies, ranked #1 among all MMCF producers
its businesses are re ective of the standards and guidance notes. The globally in Canopy's Hot Button Report
material areas, you can see the details in standards are being implemented 2020 with 'dark green shirt' rating.
subsequent sections of this report. They through self-assessment questionnaires
I am eagerly looking forward to our
have been identi ed and developed (SAQs) that monitor the progress of
through our sustained interactions with processes being set up on material ESG ongoing Sustain-ability 2.0 Journey.
all key stakeholders and our issues. This is complemented through Going forward, as a Group, we will
understanding of the megatrends. For projects and initiatives on achieving continue to deliver on our committed
example, we recognise that climate Group and business level ESG ESG targets; explore and leverage
change needs to be addressed through performance targets and associated advanced technology whether it is
operational changes of decarbonisation roadmaps. developed by large existing tech players
as well as the need for adapting to the or start-ups; take stewardship positions
changes in rainfall and weather patterns We partner with many external expert in the kind of products we make
that are already playing out. organisations, academic institutions, through circularity; extend the circle of
think tanks, membership-based ESG by bringing in suppliers, customers
The rubber meets the road when we organisations to consistently enhance and consumers, and most importantly,
implement action plans to update the our learning and capabilities, improving collaborate with all stakeholders for
processes and reach the performance our processes, and newer technological/ shared prosperity and growth.
targets in Group businesses across all digital solutions. This is seamlessly
locations. The action plans are supported through internal stakeholders Hope you nd this Group ESG
incorporated in annual plans and a by the way of working groups. Together, Performance Report insightful, useful
clearly de ned set of key performance we are working as 'OneABG' to improve and impactful. I look forward to your
indicators (KPIs) are used for measuring our ability to sustain through cross- views and feedback on the same so that
and monitoring progress. Five key functional working groups and we can keep raising the sustainability
enablers form the backbone of all our knowledge partners. bar.
action plans– (i) having the right people
It is an honour for us to be recognised
for the right job; (ii) ensuring right
systems are in place; (iii) providing and internally as well as externally for the Deeksha Vats
progress that we have made till now. Chief Sustainability Officer (CSO),
maintaining right assets and
Hindalco was recognised as Aluminium Aditya Birla Group
equipment; (iv) deploying right
Industry Leader for its sustainability
technologies including processes in performance in the 2020 and 2021
addition to use of digital tools; and (v)
edition of the S&P Dow Jones
drawing the right partnerships and
Sustainability Indices (DJSI) Corporate
platforms that create synergies.
Sustainability Assessment (CSA)

04