Investor Presentaiton slide image

Investor Presentaiton

ESG ENVIRONMENT Renewable Energy Agreements have been signed for purchasing solar power for the plants in Tamil Nadu and hybrid power (solar and wind) for the Gujarat plant which will reduce the carbon footprint. Alternative Fuel Replacement of furnace oil-based steam generation with alternate gas-based steam generation and use of biomass as alternate fuel for boilers have been initiated. Water Conservation Construction of waste water treatment facility in several plants is underway. Agreements have been signed for using treated municipal sewage water at the Perambalur plant. The treated water will be used in the manufacturing process. Sustainable Sourcing Most of MRF's purchases are from suppliers in the A and A+ categories (who are governed by MRF's Supplier Sustainable Policy and Green Procurement Policy) as well as from B category suppliers who are ISO 14001 certified. SOCIAL MRF continued its focus on employee well-being including their health, safety and upskilling. As a responsible corporate citizen, MRF carried out several CSR projects in education, health care, skill development and infrastructure for the communities in which it operates. GOVERNANCE Formal processes are in place to oversee key ESG initiatives. MRF continues to work towards creating sustained long-term value for its stakeholders by adopting prudent fiscal practices and sound business strategy. 07. ANNUAL REPORT 2022 2023 MRF
View entire presentation