Varun Beverages Nepal

Environment

Established a 2MW Solar Power Plant in our manufacturing plant
Installing active harmonic filters at manufacturing plants to mitigate power consumption
Collaborating with NGOs/local bodies to plant trees within the plants and local parks
Implementing modifications to enhance the water recovery system for bottle washer operations, aiming for efficient recovery
Installation of bag filters at manufacturing locations leading to reduced emission of carbon and other gases into the atmosphere
Phased replacement of old diesel forklifts and staff buses with electric vehicles
Exploring collection and recycling of plastic waste initiative with third party vendors

0.65 _kWH/case

(6% reduced from 2022) Electricity used in CY 2023

1.71 _Liters

(6% reduced from 2022) Water consumed for per liter of beverage production in 2023

3,582 _Tons

(26% reduced from 2022)

Social

Fostering diversity and inclusion within our workforce and supply chain
Prioritizing fair labor practices and the well-being of our employees
Supporting education and community initiatives to make positive impacts on the societies
CSR initiatives undertaken in the field of healthcare, community development, and engaging with local law enforcements
Setup AARU Clinic at Kathmandu
Free Medical Checkup
Contribution to Birat Eye Clinic
CTemple construction at Ramgram Near Navalparasi, Nepal
Ensured employee engagement through various team building programs

Diversity and inclusion:

24%

Diversity in CY 2023

Governance Awards and Achievements

Our Unified Governance Practice across regions

Our governance prioritizes integrity and compliance, anchoring our ESG strategy. Led by committed leadership, we embed robust corporate governance principles, fostering a culture of integrity and ESG alignment throughout the organization. Additionally, we implement unified governance practices across all operational areas, facilitating streamlined operations across regions and promoting a cohesive approach to value addition.

Governance Framework

Compliance

Maintaining stringent compliance with corporate policies and local laws
Conducting regular audits to ensure highest standards of ethical conduct

Training

Various compliance training programs - US FCPA, POSH, Insider Trading, Anti-bribery, Non-Political Affiliation & others

Varun Beverages Zimbabwe Varun Beverages Sri Lanka Varun Beverages Zambia Varun Beverages Morocco