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Sustainable Business Report BUILDING SUSTAINABLE BUSINESSES FIT FOR A SUSTAINABLE WORLD AN ADITYA BIRLA GROUP COMMITMENT www.adityabirla.com An Aditya Birla Group Commitment 1 CONTENTS 01 02 INTRODUCTION CREATING A Our Group History 2 SUSTAINABLE BUSINESS 10 Our Global Presence 4 Building A Sustainable Group 12 Our Group Businesses 6 Having The Right Systems & Processes 15 Chairman’s Statement 8 Policies & Standards 17 Assuring Our Progress 18 03 04 RESPONSIBLE STEWARDSHIP 20 STRATEGIC STAKEHOLDER Zero Harm 21 ENGAGEMENT 42 Human Rights & Discrimination 24 A Different Approach 44 Occupational Health Management 26 Mitigation vs. Adaptation Energy Management vs. Transformation 46 & Climate Change 29 Biodiversity Manangement 32 Supply Chain Management 34 Water Management 38 Waste Management 40 05 FUTURE PROOFING 48 Building Businesses Fit For The Future 50 Driving Innovation 56 Entering New Markets 57 Looking Forward To 2030 & 2050 60 An Aditya Birla Group Commitment 3 Introduction // OUR GROUP HISTORY From humble beginnings in Rajasthan in the 1800s, a global conglomerate was born. Today, with Mr. Kumar Mangalam Birla at the helm, we are recognised as a world-leading conglomerate and sector leaders in our industries with close to 120,000 colleagues and over 250 sites globally. Our revenues today are over US$44 billion. Here we outline the story so far. This is our history. 1969 Mr. Aditya Vikram Birla, the Group’s leader and grandson 1857 1947 of Ghanshyamdas Birla begins In the small village Grasim is aspirations of a global business Pilani, Rajasthan, incorporated and empire and at the age of 24, sets up Seth Shiv Narayan Birla begins operations the Indo Thai Synthetics Co. Ltd – started trading in cotton, with a small rayon the Group’s first overseas venture. laying the foundation for weaving unit at the House of Birla. Gwalior, MP. 1994 Alexandria Carbon Black, a JV with the Egyptian Government is established. 1857 1958 Hindalco is 1995 incorporated. It The Group begins aluminium enters the production in telecommunications 1962 in Renukoot, sector with a JV UP. with AT&T USA. 1919 1973-84 Founding father, The Group establishes itself in Mr. Ghanshyamdas South East Asia with operations 1996 Birla, set up in Indonesia (P.T. Elegant Textiles), All Group industries in critical Philippines (Indo Phil Group of companies are sectors such as Co.), Malaysia (Pan Century Edible consolidated textiles and fibre, Oils) and Thailand (Thai Carbon under the aluminium, cement, Black, Thai Polyphosphates umbrella of the and chemicals. & Chemicals). P.T. Indo Bharat Aditya Birla Rapid business Rayon is established as the first Group, led expansion followed. producer of viscose staple fibre by Mr. Kumar in Indonesia. Mangalam Birla. BUILDING SUSTAINABLE BUSINESSES FIT FOR A SUSTAINABLE WORLD 4 2000 Indian Rayon acquires Madura Garments and selected overseas brand rights, taking the Aditya Birla Group to the top of the league 2012 in the branded apparels sector. Aditya Birla Nuvo Limited (ABNL), largest manufacturer of linen fabric in India, acquires Future Group’s Pantaloon format, a part of Pantaloon Retail (India) Limited (PRIL). The acquisition is in line with the Group’s strategic 2007 intent to create the largest integrated branded Hindalco acquires Atlanta- fashion player in the country. headquartered Novelis Inc (Novelis). It becomes the world’s largest aluminium rolling company, one of the biggest producers of primary aluminium 2016 in Asia and a leading copper Ultratech acquires JP Cement to producer in India. take Indian capacity to 90 million tones and propel Ultratech to No 5 in the world outside China. Aditya Birla Group is a US $41 billion multinational corporation with over 120,000 employees of 42 nationalities, across 36 countries. 2017 01 Introduction The Group’s two major holding companies Grasim and AB Nuvo merge 2003 and spin off via an IPO, the financial Aditya Birla Group is services business, Birla Capital. ranked 16th in India’s first ever ‘Great Places to A merger of Idea with Vodafone India Work’ survey published is agreed to create the largest telecom in Businessworld company in India and the second largest magazine. in the world behind China Telecom. 2010 UltraTech Cement acquires a majority stake and management control in Dubai-based Star Cement Company, LLC (Star Cement). This acquisition gives the 2014 Aditya Birla Group a strong Aditya Birla Group is ranked foothold in the Middle East. number 1 in the Nielsen Corporate Image Monitor across the six pillars of corporate performance: products and services, vision and leadership, workplace environment, financial performance, operating style and social responsibility. An Aditya Birla Group Commitment 5 Introduction // OUR GLOBAL PRESENCE // OUR GLOBAL ST LEADERSHIP ST IN ST IN IN ALUMINIUM VISCOSE CARBON 1ROLLING 1STAPLE FIBRE 1BLACK BUILDING SUSTAINABLE BUSINESSES FIT FOR A SUSTAINABLE WORLD 6 Beginning as a formidable force in Indian industry, the Aditya Birla Group companies now extend across the world. The Group has established itself as a truly global conglomerate. 01 Introduction TH LARGEST TH LARGEST AMONG TOP AMONG THE BEST PRODUCER OF PRODUCER OF CEMENT ENERGY-EFFICIENT INSULATORS ACRYLIC FIBRE PRODUCERS FERTILISER PLANTS 4 5 (excluding China) 4 An Aditya Birla Group Commitment 7 Introduction // OUR GROUP BUSINESSES The Aditya Birla Group extends across diverse industries and markets creating valuable jobs and revenue around the world. METALS CARBON BLACK CEMENT 23,137 Employees 2,525 Employees 20,174 Employees Turnover (in Turnover (in Turnover (in 18,111 Million USD) 1,742 Million USD) 4,963 Million USD) EBITDA (in EBITDA (in EBITDA (in 2,264 Million USD) 333 Million USD) 1,044 Million USD) Novelis recycles 65 billion Birla Carbon awarded a UltraTech is a founding cans annually Gold rating by EcoVadis for member of the Global Cement advanced sustainable practice and Concrete Association. Hindalco’s “Value-from-Waste” for the second consecutive year. programme is a systematic UltraTech is a member of the approach to waste reduction, Cement Sustainability Initiative collection, safe storage/disposal (coordinated by the World and re-use. Business Council for Sustainable Development). Aditya Aluminium has installed a 30 MW PV solar plant. PULP & FIBRE CHEMICALS TEXTILE 7,389 Employees 6,334 Employees 669 Employees Turnover (in Turnover (in Turnover (in 2,938 Million USD) 1,419 Million USD) 868 Million USD) EBITDA (in EBITDA (in EBITDA (in 621 Million USD) 323 Million USD) 31 Million USD) Ranked no. 1 globally by the Successfully transfering power Members of the Sustainable NGO Canopy, in its Hot Button generation to hydrogen thereby Apparel Coalition with an average Report for work on the conservation reducing carbon emissions Higg Index FEM3.0 score of 61.5%. of ancient and endangered forests. considerably. Gold Level Material Health Certification Received for Birla Spunshades from the Cradle to Cradle Products Innovation Institute. BUILDING SUSTAINABLE BUSINESSES FIT FOR A SUSTAINABLE WORLD 8 FINANCIAL SERVICES AGRI - BUSINESS RENEWABLE ENERGY 7,609 Employees 606 Employees 50 Employees Turnover (in Turnover (in Turnover (in 2,428 Million USD) 355 Million USD) 30 Million USD) EBITDA (in EBITDA (in EBITDA (in 311 Million USD) 37 Million USD) 27 Million USD) Screenings are being applied Awarded the prestigious Certificate Installed capacity of 200 MW of across the portfolio to ensure of Merit in Fertilizers (Urea) sector solar and 75 MW of wind energy. adherence to the UN Principles of for “National Energy Conservation Responsible Investment and the Award – 2017” by the Bureau of Equator Principles. Energy Efficiency (BEE), Ministry of Power, Govt. of India. MINING INSULATORS TRADING SOLUTIONS 01 Introduction 1,085 Employees 1,828 Employees 143 Employees Turnover (in Turnover (in Turnover (in 218 Million USD) 82 Million USD) 4,978 Million USD) EBITDA (in EBITDA (in EBITDA (in 61 Million USD) 7 Million USD) 84 Million USD) TELECOM FASHION 14,350 Employees 13,109 Employees Turnover (in Turnover (in 4,387 Million USD) 1,116 Million USD) EBITDA (in EBITDA (in 938 Million USD) 74 Million USD) An Aditya Birla Group Commitment 9 Xxxxxxxx XX // XXXXXXX CHAIRMAN’S STATEMENT The quality of our future depends on the longer be ignored and the legal frameworks and quality of our imagination today. I see the infrastructures are coming into effect worldwide future of the Aditya Birla Group as one to motivate and eventually mandate business of growth, continued leadership in our reductions. We will have to be prepared to meet the challenges of adaption by 2050, to a world industries and delivering excellence for becoming two degrees hotter, much drier and many decades to come. with 25% more people with massive access to information - new consumers demanding more In order to realise that future, we must build and more detailed information from the brands sustainable businesses capable of operating they buy and the businesses they work with. successfully within the tougher legal standards As one of India’s leading business houses, we and tighter resource constraints of a sustainable have our part to play in the driving the progress world. This means imagining a future beyond the expected of India as a signatory to the COP 21 traditional paradigms of good financial, operational agreement of Paris 2015. and environmental performance within the limits of today’s legal code - these are already a given. I see the vision for the Aditya Birla Group as a Using our business acumen, harnessing scientific differentiator in a market that is largely focused data and listening to expert voices will lead us to on short-term gains. Businesses that embrace the transform both what we do and how we do it so higher performance standards of their products, that we’re not just fit for the future, but leading the operations and supply chains that will be required way. Equipping our organisations with a model for to meet the constraints needed by a sustainable sustainable business and framework is a step in planet and society will be the ones that grow and the right direction.
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