Page 104 - FBL AR 2019-20

Fermenta Biotech Limited
Annual Report 2019-20

2. Out of the above, has the company identified the of our operation, contractors and suppliers (present at our site),
disadvantaged, vulnerable & marginalized stakeholders? Yes, and setting environment target, monitoring and communicating
the company has identified the disadvantaged, vulnerable and performance, conduct internal audit and develop corrective action
marginalized stakeholders. plan, capability development and management review.
3. Are there any special initiatives taken by the company to Fermenta understands the implications of energy consumption,
engage with the disadvantaged, vulnerable and marginalized both in terms of its cost to our operations and price the
stakeholders. If so, provide details thereof, in about 50 words environment pays for it. We are committed to invest in newer
or so. – Fermenta, through CSR initiatives, has undertaken several technologies and processes to enhance our energy efficiency. Our
activities for the empowerment of local communities by partnering energy management approach hinges on a two-pronged strategy:
with primary as well as special schools. It has also collaborated improving energy and process efficiency, while diversifying our
with the National Association for the Blind to support their work energy portfolio at all locations. Fermenta continues to remain
for the visually impaired. Fermenta has also contributed towards committed to decrease our carbon footprint. We expect to reduce
rehabilitation of injured personnel of the Armed Forces of India, our GHG intensity by 12%, objectives for reduction of greenhouse
pediatric cardiac surgeries for the underprivileged and other such gas (GHG Gas) initiated with Environment friendly gas. We will
activities in an attempt to enable the vulnerable to lead better lives. continue to focus on GHG emission reduction efforts to ensure that
we are able to meet our commitment in FY2020.
Principle 5
In our manufacturing process, water is used everywhere from
1. Does the policy of the company on human rights cover only cleaning the equipment to raw material. Given this criticality, we
the company or extend to the Group/Joint Ventures/Suppliers/ follow the classical ‘3R’ strategy of Reduce, Reuse and Recycle for
Contractors/NGOs/Others? - The Company’s Code of Conduct waste management. We focus on reducing waste at source and
inter alia lays out the principles to conduct business in a true and find ways to maximise recycling. The factories have adopted a twin-
fair manner by maintaining transparency and accountability focused approach for effective effluent management - reducing
in its operations. The Company also adheres to the corporate the trade effluent generated at source and finding ways of reusing
governance principles enumerated in the SEBI (Listing Obligations the treated effluent. The Company has initiated measures across
and Disclosure Requirements) Regulations, 2015 regarding rights business units to ensure waste minimization, segregation at source
of its stakeholders. Further the Company has in place a Social and recycling.
Compliance Policy mainly covering parties engaged through
and in relation to the supply chain. The BR policy of the Company 3. Does the company identify and assess potential environmental
mandates the Company to respect and promote human rights. risks? Y/N.
The Company intends to extend the above principles and policies Yes, environmental risks form a part of our operational risks in
to the group companies, Suppliers, Contractors and all business the Integrated Risk Management framework. Our Environment,
associates, in letter and spirit.
Health, and Safety Management System (EHSMS), guides our
2. How many stakeholder complaints have been received in the efforts in managing environmental impacts of our operations.
past financial year and what percent was satisfactorily resolved Our manufacturing facilities are ISO 14001:2015 certified for its
by the management? - No complaint received during the FY Environment Management System (EMS). As part of EMS, each
2019-20. facility monitors the environmental risks through an Aspect-Impact
study of various activities. Contingency plans have been developed
Principle 6 and implemented to prevent, mitigate and control environmental

1. Does the policy related to Principle 6 cover only the company disasters. ISO 14001:2015 system implementation helps us to
or extends to the Group/Joint Ventures/Suppliers/Contractors/ regularly review the environmental aspects and potential impact
NGOs/others. – The policy principles extend to the group of our operation, contractors and suppliers (present at our site),
companies and Company’s business associates including its and setting environment target, monitoring and communicating
suppliers, contractors to the extent applicable. The Company also performance, conduct internal audit and develop corrective action
has Environment, Health and Safety (EHS) Policy in place. plan, capability development and management review. Risk
Management Plans are developed. Deviations from laid down
2. Does the company have strategies/ initiatives to address
global environmental issues such as climate change, global policies and procedures are tracked and reviewed by effective
warming, etc? Y/N. If yes, please give hyperlink for webpage procedures of Corrective Action and Preventive Action (CAPA).
etc. - Our Sustainable Development Framework includes an EHS 4. Does the company have any project related to Clean
Policy and Environmental Management Standards addressing Development Mechanism? If so, provide details thereof, in
key environmental aspects e.g. conserving natural resources like about 50 words or so. Also, if Yes, whether any environmental
water, fuel and energy. All our operating sites are ISO 14001:2015 compliance report is filed? - No projects are undertaken
certified. ISO 14001:2015 system implementation helps us to specifically under Clean Development Mechanism; however, the
regularly review the environmental aspects and potential impact Company continues to invest in reducing air emission levels through

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