20 A new chapter of change We are steadfast in the journey of sustainability and geared up to scale newer heights and will continue to deliver business impact in this crucial decade of action. By building on our accomplishments and aligning with aspirations we have formulated our SDGs that embody our commitment to protecting the environment, extending social responsibility and ensuring economic resilience. We announced our renewed Sustainable Development Goals (SDG) on World Environment day 2023, charting out the roadmap to achieve specific environmental, social and governance (ESG) targets by the financial year ending March 31, 2027. We have identified the following SDGs to be met over 5 years, with FY22 as the baseline year, inspired by its success and lessons learned. Our ESG focus areas are derived from the United Nations’s SDGs. The SDGs were identified based on the material areas critical to our stakeholders and paramount to our business. ENVIRONMENTAL Reduce specific water consumption by 25% Reduce specific greenhouse gas emissions by 30% Replace 70% of our energy requirement with renewable sources Reduce specific hazardous waste generation by 10% SOCIAL GOVERNANCE Engage with 100% of critical suppliers in committing to the code of supplier conduct and ethics Create more opportunities for women and increase the percentage of women employees in the total workforce to 18%. Advance socio-economic empowerment of women and provide education for 8,000 people from socially and less privileged communities through our CSR programs.
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