Page 9 - Balmer Lawrie Sustainability Report 2022_Single Pages

Dear Stakeholders,

It is a great pleasure for me to present Balmer Lawrie’s technologies into our systems and processes. Even the
sustainability report that encompasses the Company’s new plants that are coming up are technologically
performance on Environment, Social and Governance advanced. This has further helped us in reducing our
parameters in FY 2021-22. energy consumption and thereby reducing carbon
emissions. We have a long-term strategy to utilize
Balmer Lawrie is one of the leading Miniratna-I Public alternative sources of energy including solar energy to
Sector Enterprises that comes under the aegis of the reduce our emissions and simultaneously the impact it
Ministry of Petroleum & Natural Gas of India. We have has on the climate.
eight Strategic Business Units - Industrial Packaging,
Greases & Lubricants, Chemicals, Logistics Value creation for all stakeholders is one of the prime
Infrastructure, Logistics Services, Cold Chain, Travel & driving factors for us at Balmer Lawrie. In today’s
Vacations and Refinery & Oil Field Services. We have a integrated business world, we believe that for a business
global footprint with offices spread across the country and to be successful, value creation for all stakeholders and
abroad. We have grown from strength to strength while the upliftment of society at large are imperative. We
being ever vigilant and responsive towards the believe our employees to be one of our most important
development of all the stakeholders in a sustainable stakeholders. As an organisation, we are focused on
manner. We are proud to be one of the top companies in employee welfare and development. They are
Steel Barrels, Industrial Greases & Lubricants, and encouraged to acquire new skills through various training
Corporate Travel and Logistics Services. Continual programs. Their health & safety is a prime focus area for
adaptation and improvement are a part of our DNA and the organisation. There is no compromise when it comes
we have been successfully responding to the to ensuring a healthy & safe workplace for our employees.
ever-changing demands of the business environment.
As part of our customer-centric business strategy, we
The world economy is still recovering from the adverse strive towards delivering high-quality superior products
impact of the COVID-19 pandemic and the impact that it and services. This has resulted in retaining our customers
had on businesses and the livelihoods of people engaged among all the verticals and the same is increasing on a
in those businesses. India is also recovering from the year-to-year basis. Our focus on continuous
same, but we are confident that given the robust systems improvement, quality assurance, innovation and
in place and the tireless working government machinery, sustainability has given us a competitive advantage. With
we will be able to overcome this challenge too. We were everchanging business landscapes, where customers are
caught unprepared to handle the COVID-19 crisis. now focused on more environment-friendly products, we
However, we have emerged stronger from this are constantly working to provide them with these
once-in-a-lifetime event with the most evident takeaway - solutions.
that focuses on sustainability and that it should be one of
the main decision-making pointers going forward. We, as We at Balmer Lawrie strongly advocate creating value for
a Company are committed to sustainability in every the marginalized sections of society. To this effect, we use
manner, keeping in mind the interests of all stakeholders our CSR initiatives to accelerate the holistic development
when making any kind of decision. of the society in which we live and do business. We have
aligned our priorities with the national priorities and have
During FY 2021-22, we recorded a turnover of 2104.85 contributed towards various Government of India’s social
Crores, which is a significant growth of 32% compared to initiatives such as the ‘Swachh Bharat Abhiyan’. We work
the last financial year. This is the result of the continuous, for the underprivileged sections of society. All our
untiring efforts of our employees. The Profit Before Tax of programs are designed to provide them with the
Rs. 170.14 Crores was registered in FY 2021-22. necessary skills and sustainable livelihood opportunities.
To be successful in today’s business scenario and the I thank our stakeholders for supporting us in our journey
competition, continual innovation & improvement and towards sustainability. We seek your continued support to
adoption of the latest technologies have become more enable us to achieve our goals and look forward to your
important than ever. We have integrated state-of-the-art feedback to improve our performance.

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