Medium Risk

MAITHAN ALLOYS LIMITED

METAL AND METAL PRODUCTS

CIN: L27101WB1985PLC039503 FY: 2024-2025 Revenue: ₹1,819.7 Cr
5.8
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

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

Financial Exposure

Est. Compliance Cost₹3–11 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated— T

Governance

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

Double Materiality

Financial Materiality5.8
Impact Materiality5.3
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.1%
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

**MAITHAN ALLOYS LIMITED – ESG FINANCIAL RISK SUMMARY** Maithan Alloys faces critical compliance exposure with a perfect 10.0/10 compliance risk score and estimated remediation costs of ₹3–11 crore, primarily driven by unclear EPR (Extended Producer Responsibility) obligations and incomplete emissions data reporting required under SEBI BRSR Core Expansion mandates. The company's missing Scope 1 and Scope 2 emissions quantification represents a material regulatory gap; at India's carbon credit price of ₹600–900/tonne, unaccounted emissions could translate to significant future carbon liability if production-related GHG emissions exist but remain unreported. EPR exposure rated 6.5/10 combined with 5.0/10 water intensity risk indicates sector-specific environmental liabilities in metal manufacturing that demand urgent quantification and disclosure to avoid SEBI enforcement action and potential delisting risk under non-compliance scenarios. Immediate priority: establish baseline emissions inventory, clarify EPR applicability, and formalize compliance roadmap within FY2024–25 to mitigate

Source: MAITHAN ALLOYS LIMITED BRSR Filing, FY 2024-2025. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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