Medium Risk

Grindwell Norton Limited

Manufacturing and trading of Abrasives , Performance Plastics and Refractory Products

CIN: L26593MH1950PLC008163 FY: - Revenue: ₹2,737.4 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.2
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹4–16 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated6,461.2 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.2%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary: Grindwell Norton Limited** Grindwell Norton's primary financial exposure is compliance risk (10.0/10 score) with an estimated cost of ₹4–16 crore, driven by gaps in BRSR Core Expansion disclosures and unclear Extended Producer Responsibility (EPR) obligations under India's plastic and e-waste regulations. The company faces regulatory enforcement risk under SEBI guidelines, including potential delisting for non-compliance with mandatory environmental disclosures, while its EPR exposure (6.5/10) remains unquantified—a critical gap given the company's manufacturing footprint in abrasives and performance plastics. Water and GHG intensity risks (both 5.0/10) are moderate but material; with ₹2,737 crore revenue, even a 5% efficiency loss translates to significant operational costs, amplified by India's carbon credit mechanism (₹600–900/tonne) if Scope 1 & 2 emission data gaps lead to underreported liabilities. Immediate priority: clarify EPR applicability and quantify Scope 1

Source: Grindwell Norton Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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