Leadership Messages
Message from Chief Executive Officer, Pulp and Paper
Our dedication and prioritisation to responsible sourcing, sustainable forestry, and sustainable production practices have enabled us to be a leader in sustainability initiatives, while developing a solid image within the community and meeting customer demands.
Over the past year, the Pulp and Paper business has remained committed to the core values of CTIL and has worked tirelessly to ensure that the vertical is on the forefront of the pulp & paper industry. The vertical does this by developing a good balance between commercial success and social and environmental responsibility. Pulp and Paper had an overall growth in revenue of 27% and recorded total sales worth ₹ 3,572 Crores.
Our dedication and prioritisation to responsible sourcing, sustainable forestry, and sustainable production practices have enabled us to be a leader in sustainability initiatives, while developing a solid image within the community and meeting customer demands. For the production we have been utilising a number of palpable raw material species, including eucalyptus and poplar, veneer scrap, bamboo, bagasse, and recycled wastepaper. In addition to providing environmentally friendly and biodegradable items, we have also developed several alternatives to plastic.
While being always environmentally responsible and conscious, Pulp and Paper vertical pays much needed attention to social and governance initiatives.
Moreover, we have started using wood bark, which was previously dumped and fed to a chipper, as fuel in boilers. We saved about 1,803 tonnes of coal by using 4,123 MT of barks and perul as a fuel in boilers. We have been able to fulfil about 45% of our total energy consumption by renewable energy, thanks to our efforts to promote ecologically clean, secure, and energy-efficient operations.
While being always environmentally responsible and conscious, Pulp and Paper vertical pays much needed attention to social and governance initiatives. On this front, Pulp and Paper has developed various CSR initiatives which are revised annually, and a robust governance structure which ensures that the vertical operates in an ethical manner.
As the world moves towards more complex market structures and the competition increases to develop sustainable products, Pulp and Paper vertical will keep innovating and integrating its business values with sustainability to offer more - to the environment and society as one.
Sincerely,
Vijay Kaul, Chief Executive Officer, Pulp and Paper
