India’s largest producer of nylon filament yarn is weaving ESG (Environmental, Social, and Governance) measures into its operations. The key focus is to reduce carbon emissions through energy-efficient practices.
The textile company achieved a 32% renewable energy share in its overall energy consumption in FY23. There was a 37.5% increase in renewable energy consumption in FY23 compared to FY22. Also, the company successfully reduced Scope 1 + 2 emissions by 27,069 tons of carbon dioxide equivalent in FY23 as compared to FY22.
The nylon tyre cord fabric manufacturer managed to reduce its daily energy consumption by 4,632 kilowatts at one of its plants in FY23, which resulted in a saving of Rs 203.6 lakhs. This was achieved by eliminating multiple cooling tubes, optimizing steam use, and by enhancing efficiency of machines. These efforts reduced the energy consumption by 6,086 Gigajoules, and reduced carbon footprints by 20 tons of carbon dioxide equivalent in FY23.
The company was able to reduce its electricity consumption by 2.80 lakh KWH (kilowatt hours) in FY23 by implementing energy conservation measures like installation of energy-efficient cable-corder machine. Installation of dryers saved 2.18 lakh KWH of power, while variable frequency drives saved 1.68 lakh KWH of energy in FY23.
In FY23, reduced compressed air utilization saved 1.47 lakh KWH of power, power optimization efforts saved 1.40 lakh KWH of power, stopping one unit saved 1.35 lakh KWH of power, while implementation of a mechanical system to avoid air consumption saved 1.09 lakh KWH of electricity. Other steps, such as lowered compressed air usage and installation of energy-efficient pumps, resulted in 3.69 lakh KWH of energy savings in FY23.
Several other initiatives have been implemented to cut down emissions. These include increased utilization of biomass, initiation of the one-step mono yarn process, and adoption of non-ozone-depleting substance refrigerants. These steps helped in decreasing carbon intensity by 11.90%, and total greenhouse gas emissions by 13.27% in FY23 as compared to FY22.
The company has shown its full commitment to the environment by using sustainable sources of energy and reducing carbon emissions. While powering products with eco-friendly sources, the company is also adding yarns of profit to its balance sheet by saving costs!
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