Investor Presentaiton
ESG Initiatives
VARDHMAN SPECIAL STEELS LTD.
A COMMITMENT TO QUALITY
CSR
Environment:
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Committed towards a cleaner, greener and healthier environment by implementing stringent standards & policies for Environment in our unit
Making steel through Electric Arc Furnace route which is significantly more environment friendly than Blast Furnace route. Most of our
competitors are making steel through Blast Furnace route
In 2015, we installed Secondary Fume Extraction system with an investment of Rs. 12 crores, to capture the dust going into the air. Its annual
operational cost is approximately Rs. 5 crores
On our journey of expanding production capacity from existing 2 lac TPA to 2.80 lac TPA, we are also leaping a step forward in tightening our norms
towards environment protection. These include development of Greenbelt of over 33% existing land area, emissions below 30 ppm against 150
ppm followed by most of our competitors, zero liquid discharge and reduction of substantial water extraction even after expansion. Apart from
this, we are developing a forest on 5 acres of land owned by Vardhman Textiles Ltd. situated at middle of Focal Point, Ludhiana with a Japanese
technique known as "Miyawaki”. This will be a unique facility on such a large area for the benefit of environment and society at large. All this will
be done with a total capital outlay of over Rs. 30 crores
We plan to replace Furnace Oil with Natural Gas (being a Greener Fuel), thus reducing load of carbon emissions going into environment
Trees are planted every year to increase green area in and around our factory. We have planted over 33,000 trees till March 2021 and also
undertaken parks and other areas for development
Focusing on water conservation by recharging water through 7 rainwater harvesting pits in our factory and adopted more than 10 ponds for
desilting
Disposing all types of wastes being generated in our factory through agencies duly approved by the Pollution Control Board
Social:
Support principles of inclusive growth and equitable development through CSR initiatives for sustainable development in core business activities
We have made several contributions towards:
(i) Preventive & Promoting Healthcare and Sanitation
(ii) Towards Environment sustainability
(iii) For Promoting Education
(iv) Towards Women Empowerment
(v)Towards socially and economically backward groups
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