Sustainability

Packaging Films Business

We are committed to enriching the quality of lives we touch through our wide range of products and services.

SRF’s Packaging Films Business follows a ‘Triple E’ approach to sustainability. These comprise Environment, Engagement and Enterprise, which form the three pillars of sustainability. Each of these pillars cover material issues important to our organization’s sustainability targets and goals.

Environment

Emission Management:

Armed with ISO 14001:2015 and ISO 50001:2011 certifications in energy management, it is our continuous endeavor to reduce GHG emissions across all our manufacturing operations.

Energy Efficiency:

We have adopted several initiatives to rationalize our energy usage, starting from retrofitting and replacing existing equipment, to process and behavioural changes to enhance our operational efficiency. For example, at our DTA facility in Indore, India, we are saving 340,000 kilowatt-hours by using the close-loop cooling tower in the winder-slitter air handling unit. Furthermore, we are saving 73,000 kilowatt-hours in plant lighting by switching to motion sensors and day/night timer.

Water Consumption and Discharge:

100% of the wastewater generated is recycled in all our manufacturing units.

Waste Management:

Almost all the waste generated due to our operations is recycled in-house. We have adopted the 3R principle:

Reduce – To reduce the use of polymer mass per unit of packaging, SRF PFB has taken the initiative to reduce the thickness of the polyester film from the existing 12 microns to 8 microns i.e. by 33%, without compromising on product quality and thereby reducing the use of virgin material at source.

Reuse – The finished products are packed in wooden pallets. At PFB, we collaborate with customers to bring the wooden pallets back to our factories and reuse them. This is a green initiative which helps reduce the use of wood and at the same time saves associated costs.

Recycle – PFB has taken up an initiative to use post-consumer recycled (PCR) material, which is typically generated from PET bottles and converted into films. We have committed infrastructural investment for this purpose.

Product Solutions:

We are continuously improving the way our products are designed and manufactured, to ensure sustainable, innovative products that have minimal environmental impact. Both BOPET and BOPP films are recyclable and environment friendly. Moreover, the production process of these films is proven to be less intensive as compared to other alternative packaging materials such as glass, aluminum, paper, among others.

Engagement

We consider the well-being and development of the community as one of our core responsibilities. The management proactively engages with all stakeholders to formulate mutually beneficial business strategies that create value.

Open and honest communication with management and non-management staff, through a variety of traditional and innovative ways, provides us valuable insights. This strengthens us with the knowledge of emerging trends and opportunities that helps us create ways to serve the society in a more sustainable manner.

We operate in a diverse culture and are committed to providing equal opportunity in employment, within a respectful, inclusive workplace. We have taken up several steps to ensure gender diversity and create a team that brings varied work experience to our workplace.

Enterprise

We take pride in being ‘Easy To Do Business With’ by partnering with our customers in their growth story. We not only work with converters, but also with the end users that include global FMCG Majors.

For the first time, we are working towards a tripartite arrangement with a FMCG major and one of the largest global converters.

We encourage the local economy by evaluating and selecting suppliers not only based on their economic viability but also on their environmental, social and corporate governance standards.

We continuously upgrade our compliance mechanism to meet the changing regulatory requirements. We have evolved appropriate quick-response systems through which we maintain high levels of transparency in our dealings.

Adherence to principles of Total Quality Management (TQM) and a process-driven core forms the backbone of our ‘enterprise’ philosophy.

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