Sustainability Governance Sustainability at our Units follows a top-down sustainability vision

Aditya Birla Group

Mr. Kumar Mangalam Birla Chairman of Aditya Birla Group

The Aditya Birla Group endeavors to become the leading Indian conglomerate for sustainable business practices across its global operations

Textiles Business

Mr. Thomas Varghese Business Head-Textiles, Acrylic Fibre & Overseas Spinning

The Textiles Business endeavors to become the Industry Benchmark by 2020 in sustainability Processes & Performance, through qualitative engagement with all Stakeholders

Domestic Textiles is committed to be socially responsible & become Industry benchmark by 2020 with continuous improvement in business practices by balancing economic growth and constantly reducing environmental footprint for the benefit of all stakeholders.

Aditya Birla Group Sustainable Business Framework Our Group Sustainability Vision sets a path for us to grow into the leading Indian conglomerate for sustainable business practices across our global operations. The Aditya Birla Group Sustainability Framework helps root our business developments toward a holistic growth trajectory meeting our targets to achieve our vision.

1
Responsible stewardship: This has been designed to take us from simple legal compliance to alignment with international standards and on to best practice

Responsible Stewardship
Create a framework to move us towards international standards and mitigate our impact on “Externalities”
2
Stakeholder Engagement: In our belief, strategic Stakeholder Engagement builds a repository of knowledge partnerships that help us make sure that we understand the challenges we face from a subjective standpoint

Strategic Stakeholder Engagement
Gain knowledge to understand how and when “External Factors” will change and when disruptions to our businesses may occur
3
Future-Proofing: This, as the name suggests, is a long-term planning strategy and process methodology to be prepared for the necessary transformations needed for the future.

Future Proofing
Including adaption to external factors in our strategic plans

Legal Standards
Following local laws, gives business a relatively large space to operate in.
International Standards Today
Operating voluntarily to international standards requires a systemic approach and higher levels of control and performance i.e., a constricted operating space.
Best Practice Today
Companies operating at best practice levels are normally driven by visionary leaders.
More Demanding Legal Standards by 2030
By 2030, to be on the road to a sustainable planet, businesses will have to perform better than ever.
Legal Standards for a Sustainable World 2050
By 2050, only the best managed business, with highest performance will be able to survive.

Responsible Stewardship Within responsible stewardship, we have identified five thematic areas in this report, which encapsulate our key sustainability initiatives. These focus areas also align with many of the UN Sustainable Development Goals and other global standards.

Responsible Supply Chain

We are constantly finding new ways to make our supply chain responsible, inclusive, resourceefficient and agile.
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Chemical Management

Chemicals management forms an important aspect of product designing, safe operations and ensuring quality of effluent from our units.
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Circular Economy

We aim to achieve circular economy principles through innovation, scalable solutions and unlocking markets for sustainable products.
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Product Innovation and Customer Centricity

Our relentless focus on product innovation coupled with customer centricity has led us to develop many value-added products (VAP)
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Digital Transformation Customer Centricity

Our textile business is incorporating digital solutions to make our operations as well as our supply chains more efficient, safer and more economical.
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Mr. Satyaki Ghosh Chief Executive Officer

The extensive and focused initiatives have yielded substantial and quantifiable results at both our units in the reporting period. Both of our units were recipients of the “Commendation for Significant Ahievement in Corporate Excellence” at the CII-ITC Sustainability Awards 2018 held in New Delhi. This is a testament to the dedication of our people and their relentless focus on sustainability initiatives. Our success has provided us a great foundation and confidence to take up more ambitious projects in years to come.

Sustainability Journey & Roadmap - 2020 of JST & VW

Vision

To be a leader in Textile Industry by providing the most innovative products in the line of our business and to maintain leadership position in the Domestic Linen Business, Preferred Choice Globally in Wool Business.

JST has embarked on its sustainability journey in 2013 and has only strengthened its resolve to become a sustainable and responsible business ever since.

We have developed a roadmap to achieving our vision as well as clearly defined targets. We receive constant cooperation from our business heads and support from the Group towards alignment with the roadmap. An illustration of sustainability journey so far is presented below.

Mr. Ashok Machher Chief Financial Officer

The textiles business of the Aditya Birla Group has constantly and consistently aimed to deliver the highest quality products. The last couple of years has seen immense progress on the innovation front. Our domestic textiles units, JST and VW, have invested resources into pioneering initiatives that have not been thought of in this market space on a commercial scale. The focus on circularity and R&D applications has led to an increase in operational efficiencies.