At Knack Packaging Private Limited, we are committed to integrating sustainability into every step of our operations. We believe that responsible business practices not only benefit the environment but also create long-term value for our stakeholders.
We are committed to implementing sustainable practices that directly impact our operations and energy consumption. Through rigorous targeted strategies, action plan and monitoring, we aim to significantly lower Scope 1 (direct emissions from our facilities) and Scope 2 (purchased electricity) emission. Our holistic approach not only reduces our environmental footprint but also aligns with our core values of sustainability and corporate responsibility. We've already achieved an 11% reduction in GHG emissions per kg of production, working towards our 30% reduction target from our baseline year 2021.
Renewable Energy:
We utilize renewable energy sources to power our operations sustainably. By investing in solar and wind technologies to minimize our carbon footprint and support a cleaner, more eco-friendly future. These systems have enabled us to achieve a significant milestone, with 33% of our energy now coming from renewable sources. Our solar capacity of 2 MW and windmill capacity of 2.1 MW have collectively reduced our greenhouse gas emissions by 9414 metric tons since 2021, demonstrating our commitment to environmental stewardship.
Energy Efficiency: We are committed to reducing our energy consumption by investing in high-tech machinery and sensor-driven lighting systems, and by providing continuous training on energy efficiency to all employees. Since 2021, we have achieved a notable 4.1% reduction (from baseline year 2021) in energy consumption per kg of production, progressing towards our goal of a 10% reduction.
We are committed to adopting circular economy principles by creating systems that reduce waste, enhance resource efficiency, and foster sustainability. Currently, we have an 8% production wastage, and our goal is to reduce this figure to 5% by 2030. We are proud to achieve a remarkable 99% recycling rate, which minimizes waste going to landfill sites. By integrating 2.5% high-quality recycled granules (as specified by the customer to meet government guidelines/norms), we reduce our reliance on virgin materials. So far, we have reduced virgin plastic consumption by 903 metric tons and cut greenhouse gas emissions by 500 metric tons from the baseline year 2021.
Water Recycling: We treat 100% of our waste water through our Sewage Treatment Plant (STP), and this treated water is reused in our gardening areas, demonstrating our commitment to sustainable water management practices.
Our commitment to sustainability extends to safeguarding the health and safety of our workforce. We provide comprehensive medical and health insurance for employees and ensure that every staff member completes mandatory Environmental, Health, and Safety (EHS) training. This dedication has resulted in zero fatal accidents, underscoring our proactive approach to creating a secure workplace environment. We continue to prioritize safety through ongoing training, rigorous safety protocols, and regular reviews, aiming to uphold our standards and foster a culture where every employee can thrive safely.
