K Girdharlal International (KG) is a De Beers Sightholder and a prominent diamond manufacturer and exporter in India, dedicated to sustainability. The company has carried out a thorough carbon footprint assessment and initiated numerous actions to minimize its environmental impact and attain carbon neutrality. Lemon Consultech, a worldwide provider of audit, tax, and consulting services, has been instrumental in assisting KG in realizing its sustainability objectives.
Challenges & Lemon’s Association
When KG embarked on the path to achieving its sustainability goals, it was looking for a consulting partner who could assist in the entire journey. The company needed to perform a carbon footprint assessment to comprehend its greenhouse gas emissions and pinpoint opportunities for reduction. Moreover, the company needed to devise a comprehensive action plan, including short-term and long-term objectives, implement energy efficiency measures, transition to renewable energy sources, and achieve zero waste generation. It chose Lemon Consultech as its sustainability consulting partner for this purpose.
Key Deliveries
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Carbon Footprint Assessment
Lemon Consultech provided several solutions to help KG achieve its sustainability goals. The company conducted a carbon footprint assessment that measured KG's greenhouse gas emissions from its operations, including energy consumption, transportation, and waste disposal. Lemon Consultech used this assessment to identify opportunities for reduction and develop a comprehensive action plan that included short-term and long-term goals.
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Creating Sustainability Plan
Lemon Consultech helped develop a comprehensive sustainability plan that outlined specific goals, strategies, and metrics to measure progress. This plan covered environmental, social, and economic sustainability, and should align with your business values and objectives. To achieve its short-term goals, Lemon Consultech helped KG implement energy efficiency measures, such as installing LED lighting and upgrading its HVAC system. Additionally, Lemon Consultech assisted the company in switching to electric vehicles for transportation and implementing a waste reduction program to reduce the amount of waste sent to landfills. To achieve its long-term goals, Lemon Consultech worked with KG to shift to renewable energy sources, such as solar and wind power, and implement more sustainable practices across its entire value chain. Lemon Consultech also helped the company set a target to reduce its carbon footprint by 100% by 2030 and achieve carbon neutrality.
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Engaging Employees
Lemon Consultech recognized that employee engagement is critical to the success of sustainability efforts. The company helped KG implement a training program to educate employees on sustainability practices and encourage their participation in sustainability initiatives. The program included training sessions on energy efficiency, waste reduction, and sustainable transportation, among other topics.
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UNFCC Pledge for Carbon Neutral
Lemon Consultech helped KG pledge to become carbon neutral by 2025. As part of this pledge, the company committed to measuring and reporting its greenhouse gas emissions, setting emissions reduction targets, and taking action to reduce its environmental impact.
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Zero Waste Generation
Lemon Consultech also helped KG partner with Biofic, a leading waste management company, to achieve zero waste generation across its operations. Biofic helped KG implement a waste reduction program and set up a recycling system to ensure that waste is managed responsibly. KG set a target to achieve zero waste generation by 2025.
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Sustainability and ESG Framework
Sustainability is a core component of KG's business strategy. Lemon Consultech developed a sustainability framework that guides its decision-making processes and helps identify opportunities for improvement. The framework is based on the principles of the United Nations Global Compact and covers a range of sustainability issues, including human rights, labor rights, environmental impact, and anti-corruption. Lemon Consultech also integrated ESG factors into KG business strategy and decision-making processes. This includes assessing the impact of its operations on the environment and society, promoting social and environmental responsibility throughout its value chain, and ensuring that its governance practices are transparent and ethical.
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Communicating sustainability efforts
Communicating the sustainability efforts to stakeholders, including employees, customers, investors, and the wider community is very important. This can help build trust, enhance your reputation, and create new business opportunities. This is also one of the key aspect of overall sustainability Planning developed by Lemon Consultech.
Conclusion
Lemon Consultech played a critical role in helping KG achieve its sustainability goals. The company conducted a carbon footprint assessment, developed a comprehensive action plan, and implemented energy efficiency measures, shifted to renewable energy sources, and achieved zero waste generation. Additionally, Lemon Consultech helped KG pledge to become carbon neutral and implemented a training program to engage employees in sustainability efforts. Lemon Consultech's solutions demonstrate its commitment to sustainability and environmental stewardship.