MD SPEAK

Message from the Vice Chairman & Managing Director

Dear Stakeholders,
I am delighted to present the Company's first integrated annual report which covers the sustainability report for the financial year 2017-18. This section focuses on KNPL's sustainability agenda and progress made thereof.

In line with the sustainability program of the organisation, KNPL continued work on environmental and social sustainability aspects of the business. KNPL exercised stewardship in all major aspects of sustainability and strengthened due diligence.

Product stewardship: KNPL continues to focus on environment-friendly product innovations which have helped the Company to offer innovative and sustainable products to valued customers.

Safely stewardship: KNPL believes in achieving Safety excellence through employee participation and consultation. Amongst the highlights of last year, are strengthening of the training system and bringing about training automation through the implementation of self-training kiosk. This will facilitate maximum coverage of employees through customised audio-visual training modules and strengthen awareness on safety concepts at all employee levels.

Environmental stewardship: The Company has been proactive in order to reduce its environmental footprints from its operation. Water footprints at our production sites have been reduced by 5% in the last year. The Company has strategically focused on water reduction at source and invested in dry or closed loop process technologies to curtail water consumption.

Serving society: KNPL, on its journey to sustainable growth has always believed in being a responsible corporate citizen. We have been investing in social projects under themes of Livelihood Enhancement, Preventive Healthcare and Sanitation, Community Development and Promoting Education. Social projects are being taken up in collaboration with local stakeholders like government agencies and institutions, amongst others.

In summary, KNPL MI pursue sustainable business growth with the help of all of our stakeholders and relentless efforts from our employees.

H. M. Bharuka
Vice Chairman & Managing Director

KNPL Membership

Membership details are covered in the Business Responsibility Report through disclosure on principle 7.

Commitment to external standards/principles
ISO 90W:2015 All plants
ISO 14001: 2007 Hosur and Bawal plant
ISO 14001: 2015 Lote and Jainpur plant
OHSAS 18001
IATF 16949: 2016

Precautionary Approach

KNPL is keen on adopting new emerging practices and approaches that cater to a precautionary approach as specified by principle 15 of ‘The Rio Declaration on Environment and Development'.

Our precautionary approach is characterized by the following major areas:

Adoption of
renewable energy

Adoption of
cleaner technology

Product differentiation based on green features

Reduce, Reuse and Recycle initiatives to reduce overall water consumption

Raw material substitution

Process optimization and
waste minimization

The Company is keen on leveraging opportunities driven by climate change and has invested in the above approaches. While leveraging these opportunities, it has also identified risks posed by climate change. A mitigation plan has been developed to address these risks.