Materials

GRI Standards

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 2022-23, we consumed 30,847 MT of packing material, including metal tins, drums, plastic barrels, containers, and plastic bags. At present, we have initiated using recycled plastic in our plastic containers for specific products. Going forward, we intend to increase the content of recycled materials in our packaging and extend to other range of products as well. We work closely with our value chain partners to meet the common goal and drive sustainable packaging.

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