Materials

GRI Standards

Raw Materials

Being a part of paint manufacturing industry, our main input raw materials comprise pigments, binders, additives and solvents. We use these materials consciously, emphasising resource efficiency. Our continuous efforts focus on minimising material losses and maximising the conversion of raw materials into finished goods. We have a supply base of over 500 raw materials.

Packaging Material

In FY 2023-24, KNPL consumed 31,829 MT of packing material, including metal tins, drums, plastic barrels, containers and plastic bags. Presently, our Company has initiated the use of recycled plastic in our plastic containers for specific products. Moving forward, we intend to increase the proportion of recycled materials in our packaging and extend this initiative to other ranges. We work closely with our value chain partners to achieve this common goal and promote sustainable packaging.

Reducing Material Wastage

1. Sustainable Sourcing

• Minimising environmental impact and promoting social responsibility

• Collaborating with industry partners to drive innovation and develop sustainable sourcing practices that align with our goals and industry best practices

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

2.Resource Efficiency

• Facilitating process automation for improved accuracy and reduced material loss

• Ensuring a closed-loop manufacturing process

• Implementing robust controls on material additions

• Adopting various reuse and recovery initiatives