Grasim Industries Limited, part of the Aditya Birla Group, released its 2020 corporate sustainability data book. The data book covers economic, environmental and social performance disclosures consolidated across Grasim businesses inclusive of Ultra Tech Cement.
The information in the report was prepared in accordance with the Global Reporting Initiative (GRI) Standards and aligns closely with the Sustainability agenda of the company.
“The scope of Independent Assurance Statement included here is limited to standalone performance of Grasim. The Independent Assurance Statement of UltraTech Cement is submitted separately.”, the company said.
“For Grasim, sustainability is more than protecting the environment. It is adopting new processes and technology to ensure safety at the plant and providing sustainable livelihood opportunities to surrounding communities while safeguarding the environment.”, the company website said.
Sample data are taken from the following manufacturing locations:
- Chemicals — Vilayat, Renukoot.
- Viscose Filament Yarn (VFY) — Veraval.
- Fertilisers — Jagdishpur.
- Textiles — Rishra and Malanpur.
- Viscose Stable Fibre (VSF) — Nagda, Vilayat.
Ernst & Young Associates LLP (EY) was engaged by Grasim Industries Limited to provide independent assurance to specified sustainability data for the reporting period FY 2019-20.
Grasim Industries Limited, part of the Aditya Birla Group, ranks amongst the top publicly listed companies in India. Grasim started as a textiles manufacturer in India in 1947. Today, it is a leading global player in VSF and the largest chemicals (Chlor-Alkali) player in India. It is also the largest cement producer and diversified financial services (NBFC, Asset Management and Life Insurance) player in India through its subsidiaries UltraTech Cement and Aditya Birla Capital.