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Integrated report Statutory reportS Financial StatementS

Importance of material issues in business context and how we address them

Highly Critical Material Aspects

Material aspects Its context for now and future Impact on our value creation How are we managing
M1 The chemical industry being Inefficient production processes We are working towards transitioning to cleaner fuels.
energy-intensive, it is significantly can increase our costs and We continuously focus our efforts in energy audits
Energy impacted by volatility in energy carbon footprint, diminishing our and energy saving drives across geographies.
prices and macro-economic competitive advantages. Refer to page 41 for more inputs on energy
uncertainty. There is also a growing management
demand for cleaner fuels.
M2 Dealing with twin issues – handling Any process safety gaps and We are committed to continual improvement in
of hazardous chemicals and OHS incidents may lead to loss responsible manufacturing to achieve Zero Harm to
Health & Safety employee occupational health of life, lost days and damage people, assets and environment. We are promoting a
& safety (OHS). Complacence in to assets, environment and safety culture through felt leadership and stakeholder
individual behaviour creates more business reputation. It may engagement.
vulnerability. lead to discontinued business Refer to page 31-33 for more inputs on
relationships, increase in health & safety
insurance premium, etc.

M3 Rising focus on climate change and Climate change can impact the We have conducted several vulnerability studies,
Nationally Determined Targets and operations directly and indirectly. including the extreme 2-Degree Scenario analysis at
Climate Change a shift from disaster recovery to From operational efficiencies to our Mithapur plant, located near coast, to protect the
climate resilience. logistics, the whole value chain operations and local communities.
can be impacted. Refer to page 36-39 for more inputs on sustainability

Low Critical Areas Medium Critical Areas Highly Critical Areas Material topics
Highly Critical Areas
External Relevance M1 M3 M2 Health & Safety
M1 Energy

M3 Climate Change

M5
M5 Water & Waste Management
M2 M4 Biodiversity
M4
Medium Critical Areas
M6 Customer Engagement
M7 Community Engagement
M8 Product Stewardship
M6
M12
M11 M9 M9 Performance Standards for
M10 M7 Contractors / Suppliers
M10 Spills
M8
M13 M11 Diversity
M12 Ethics and Governance
M13 Employee Engagement
M14
Low Critical Areas
M15
M14 Logistics
M15 Employee Benefits
Internal Relevance

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