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 MRFView entire presentation