MATERIALS

GRI Standards

GRI 301: Materials		Section/Comments
GRI 103-1	Management approach: Explanation of the material topic and its boundary	Material Aspects and Scope
GRI 103-2	Management approach: The management approach and its components
GRI 103-3	Management approach: Evaluation of the management approach
GRI 301-1	Materials used by weight or volume	Material and waste management
GRI 301-2	Recycled input materials used	Material and waste management
GRI 301-3	Reclaimed products and their packaging materials	KNPL do not reclaim packing materials of finished goods

Raw Materials

Being a paint manufacturing industry, our major input raw materials comprise pigments, binders, additives and solvents. We consciously use these materials and embrace resource efficiency. We continuously strive to reduce our material losses and achieve the conversion of raw materials into finished goods to the maximum extent.

Packaging Material

In FY 2021-22, we consumed 32,348 MT of packing material which included metal tins, drums, plastic barrels, containers, plastic bags among others. At present, we have initiated using recycled plastic in our plastic containers for specific products and going forward we intend to increase the content of recycled materials in our packaging and extend to other range of products as well. We are closely working with our value chain partners to meet the common goal and drive sustainable packaging.
During the reporting period, we recovered approximately 17.6 MT of TiO2 with De-dusting machines across KNPL.

Reducing Material Wastage

1. Sustainable Sourcing

Focus on identification and adoption of materials derived from renewable source
Engaging suppliers on ESG and procuring quality materials from suppliers who have a sustainability program in place.

Over 65% of our materials are sourced from suppliers who have a formal sustainability program in place.

2. Resource Efficiency

Process automation for improved accuracy and reduced material loss
Close-loop manufacturing process
Robust controls on material additions
Adoption/promotion of various reuse and recovery initiatives

Material Aspects	Materiality and Scope for KNPL
Economic Aspects
Economic performance	Strong economic performance Performance necessary for an organization to be sustainable.
Market Presence	KNPL caters to its valued customers through its distribution network of depots and dealers across INDIA. Contribution to local areas and communities through employment is an important aspect. KNPL contributes to local employment in a market wherever it operates. Employment is generated directly such as at manufacturing sites. depots or indirectly for sourcing of various materials or services from local market.
Indirect Economic activity	KNPL addresses this material aspect activity through its Corporate Social Responsibility (CSR) activities.
Procurement practices	KNPL tries to procure its raw materials practices from local vendors to the extent possible. However, certain ingredients are imported to fulfill specific Quality/specification and Safety requirements.
Environmental Aspects
Materials	Environmental performance is an important component of triple bottom line performance. It is necessary for an organization to reduce the environmental impact of its operation through efficient manufacturing processes and by adopting cleaner technologies. It is the need of the hour to efficiently use natural resources like water and materials efficiently, while reducing waste, emissions and effluents. KNPL has always been keen on the development of eco-friendly products and technologies to help reduce their impact during paint application.
Energy
Water
Biodiversity
Emissions
Effluents and Waste
Compliance
Transport
Overall
Products and Services	KNPL has always been keen on leveraging its technological edge to develop innovative products and technologies to reduce environmental footprint during the application phase. Being the leader in industrial coatings, it has developed products which are made of concern-free ingredients and are low in energy consumption during application. It has differentiated its decorative products as Healthy Home Paints.
Supplier Assessment for Labour Practices and Environment	Supplier assessment and due diligence is an important aspect of sustainability. KNPL exercises it through supplier audits on various aspects such as ISO 14001, OHSAS 18001 certifications and statutory compliance amongst others.
Material Aspects Related to Labour Practices
Employment	Employees are an important asset to the organization.
Diversity and Equal Opportunity	KNPL is an equal opportunity employer.
Labour/ Management Relations	KNPL is committed to conducting its activities in such a way so as to take the foremost account of the Occupational Health and Safety (OH & S) of its employees and all the individuals working at its plants.
Occupational Health and Safety
Training and Education	Training and Education of the workforce is necessary to upgrade the skills of employees working in various functions. It helps the organization to be competitive through enhanced employee participation and engagement.
Human Rights	KNPL complies with all applicable regulations and standards with respect to human rights.
Material Aspects Related to Society - Local Community	In today's era it is important to be a good corporate citizen and neighbour, in order to maintain a social license to operate. KNPL has a policy to guide Corporate Social Responsibility (CSR) activities in areas around its operational sites. The manufacturing locations and corporate office drives plan CSR programs in the scheduled quarter by involving external agencies or on their own.
Anti-Corruption	KNPL has a well-established code of conduct and whistle-blower mechanism to address corruption-related risks.
Material Aspects Related to Product Responsibility
Marketing Communications	KNPL complies with all applicable regulations with respect to marketing communications, labelling and customer privacy. It also tries to promote the healthier and safer nature of its products through packaging labels.
Product and Service Labelling
Customer Privacy	KNPL maintains customer privacy in terms of sharing and publishing of customer details.
Customer Health and Safety	KNPL products have gained popularity as Healthy Home Paints in the market. It has pioneered and introduced low-VOC paints with no added lead in Indian markets.