India’s Top 500 Value Creators 2023

India’s Top 500 Value Creators 2023 | 47 [ EXPERT’S VIEW ] DFPCL isdrivingadigital transformation journey that commenced five years ago which encompasses connected planning, data-dr iven decision- making, and a seamless f low of common data across functions from the data warehouse. Technologies like AI, enhanced efficiency, data-driven insights etc empower businesses to adapt swiftly, optimize operations, and identify newopportunities and support resilience, innovation, and strategic adaptation. Customer Analytics: To fuel the Company’s digital transformation journey and to realise our vision of connected planning via a single platform, the Company is now undertaking Project GALAXY 2.0 and the digitization of Procure to Pay (P2P) process. Manufac tur i ng: I ntegra ted B u s i n e s s P l a n n i n g ( I B P ) solutions, like Anaplan drive swift digitalization across our supply chainprocesses, supporting sales, production, procurement, and logistics planning. The Company is looking to leverage the use of advanced technologies such as artificial intelligence andmachine learning to further optimise its manufacturing processes. People Pract ices: In cr i t ical areas of people processes, the Company has consciously switched frommanual operations to digital platforms and solutions to have access to real-time data to enable accurate decision-making and to connect with employees. DFPCL would be looking forward to leveraging the investments in human capital, digital solutions, and agile workforce to deliver superior business performance t hrough a compe t en t and engaged workforce. Financial Controls: Significant investments in organizational a w a r e n e s s , i n c l u d i n g transitioning from Excel to MIS dashboards, underscore our commitment to technological advancement. The Company has SAP S/4 HANA system to help improve operational efficiencies and business decision-making capabi l i t ies across f inancial r epo r t i ng , o r gan i s a t i ona l structure and various business processes. Can you share insights on DFPCL’s initiatives towards EHS & Sustainability? Aligning with UN SDGs through energy-efficient technologies, renewables, and conservation e f f or t s DFPCL adhe r es t o comprehensive EHS&S policy, directing the adoption of eco- friendly technologies, industry best practices, resourceefficiency, emp l o y e e d e v e l o pme n t , promot i ng a sa f e cu l t ure , and encouraging sustainable practices among value chain partners. Insights onDFPCL’s initiatives towards EHS & Sustainability: Materiality evaluation identified key areas: N 2 O emissions, energy efficiency, water conservation, waste reduction, and renewable energy reliance. o We have taken proactive measures beyond regulatory o b l i g a t i o n s t o i n v e s t i n N 2 O emi ss i ons abatement technologies in our Nitric Acid plants. o New ammonia greenfield project is equipped with RO (Reverse Osmosis) and ZLD (Zero Liquid Discharge) plants e l imi nat i ng l iqu id ef f l uent d i s c ha r ge du r i ng no rma l operation. The latest Ammonia synthesis process offers an energy optimised process consuming an attractive 15% less than other conventional units. o Also, there is an estimated 8% annual reduction in the NOx concentration of the ambient pollution levels as well as 2.3% of RSPM concentration. With the elimination of road tankers’ movement from JNPT to MIDC Taloja, NOx concentration and RSPM wi l l be substant ial ly reduced along with a significant drop in the carbon footprint. It is also expected to reduce the pollution load to some extent due to bulk marine vessels/storage sources. o As a pa r t of Ex tended Producer Responsibility (EPR), the Company focuses on responsible plastic wastemanagement across the value chain. o In FY23, sustainability focus aims to reduce environmental impact prioritizing employee and community health and safety. Several measures, including training programs, safety audits, and hazard detection programs, for a strengthened safety culture. We remain committed to further enhancing EHS & Sustainabi l i ty ini t iat ives, including the use of technologies, improvingenvironmental monitoring, recognising the threat of climate change, and understanding the need to curb greenhouse emissions. The Company meticulously monitors and reviews periodically EHS initiatives through the EY compliance tracker and our Board-Enterprise wide Risk Review Committee. We are also committed to communicating the ESG performance to our stakeholders in a transparent and accessible manner (such as the ESG module on website, BRSR etc). Du & Bradstreet