MUMBAI: Adani Wilmar Ltd (AWL), a Adani Group company, has collected around 14,500 MT of plastic waste and sent it to authorised recyclers during the year 2020-21.
According to annual report, the company is strengthening its commitment towards environment sustainability.
Following the guidelines of Extended Producer’s Responsibility (EPR), this is the company’s effort to ensure that the plastic it is putting in the market through its product packaging is collected back and sent for recycling, the company said.
The environment component addresses the world’s priority that businesses consume environmentally responsible resources, utilise an optimal quantum, recycle waste, consume a modest quantum of finite fossil fuels and build resistance to climate change, moderating the carbon footprint.
Waste to wealth generation
AWL has installed bio-gas plant for treating 100% food waste and generation of cooking gas.
It Conceptualised in-house wood recycling plant for recycling pallets (14,042 pallets recycled and ~456MT wood saved till reporting date).
The business
The company has the largest range of oils comprising Soyabean, Sunflower, Olien, Mustard, Rice bran, Cotton seed, Groundnut and other variety of superior quality oils.
As a growing food company, it has ventured into food business with categories like packed basmati rice, packed wheat flour, packed besan, pulses, khichadi, soya value added products including chunks and Nuggets under the premium brand “FORTUNE”.
The brand is successfully treading on its path towards transforming itself from No. 1 Oil Brand to No. 1 Food Brand. Today, it is one of the fastest growing food FMCG companies in India.
With a 11.5% market share in Refined Oil Consumer Pack (ROCP) category (Source: Nielsen Retail Monthly Index March 2021 report), Fortune continued to be the undisputed leader among edible oil brands in India with largest variety of oils under a single brand name.
Corporate Social Responsibility
Adani Foundation, the CSR arm of the Adani Group, is engaged in activities across 18 States and 2,250 villages and towns, touching more than 5,00,000 families.
The CSR programmes provide communities with quality education, health, safety, sanitisation, sustainable livelihood development and infrastructure development.
The Foundation has also implemented four special projects (Saksham, Swachhagraha, SuPoshan and Udaan).
The Company has framed Corporate Social Responsibility (CSR) Policy which encompasses its philosophy and guides its sustained efforts for undertaking and supporting socially useful programs for the welfare & sustainable development of the society.
The Company carries out / implements its CSR activities/projects mainly through Adani Foundation.
The Company has constituted a CSR Committee as required under Section 135 of the Companies Act, 2013 and rules framed there under.
Adani Foundation, have undertaken several initiatives to engage with and ensure sustainable development of the marginalised groups in the local communities.
Adani Foundation is the CSR arm of the Adani Group. Since its inception in 1996, the Foundation has been working in four core areas of Education, Community Health, Sustainable Livelihood Development and Community Infrastructure Development.
The Adani Foundation stands for the values of courage, trust and commitment. What began in a few rural communities around Mundra port, Gujarat, has now expanded to 18 states in India, going far beyond the regions where Adani Group companies are functioning.
Adopting an approach that embodies innovation, people participation and collaboration with key stakeholders, the Adani Foundation is achieving inclusive growth and bringing about sustainable development, thereby contributing towards nation building.