* As part of Godrej & Boyce’s EP100 commitment, Godrej Interio will also be doubling energy productivity and aim to reduce carbon intensity by 60% by 2030
* Plans to invest 60 million Rs. in renewable energy projects in next 3 years and targets 45% revenue share from Good & Green products y-o-y till 2031
Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Interio, India’s leading furniture brand in-home and institutional segments revealed its sustainability goals in areas of energy efficiency, water conservation, carbon neutrality, increasing renewable energy share. In alignment with Godrej & Boyce’s EP100 commitment, Godrej Interio has also committed to doubling its energy productivity by 2030.
As part of its sustainability goals, Godrej Interio aims to have a third of its portfolio revenues comprising good and green products and services. In FY2020-21, 22 products were added to the Good & Green products offerings thus taking the cumulative count to 120. They plan to increase number of Good & Green products from 120 to 130 in FY 21-22. While Godrej Interio has already achieved 45% revenue share from Good & Green products in F.Y. 2020-21, it aims to continue to target 45% revenue share from Good & Green for the foreseeable future.
Commenting on the sustainability goals, Mr. Anil Sain Mathur, COO, Godrej Interio, “At Godrej Interio, our sustainability strategy is aligned with Godrej & Boyce’s ‘Good & Green’ initiative which underscores our deep and abiding belief that innovation and sustainability must go hand-in-hand. Combining the two will promote our journey to ensuring employability, energy efficiency, promotion of a circular economy and greater community development. We are proud to be part of a company that commits to global causes such as EP100 initiative and that as Godrej Interio, we can help further this commitment thus helping lead the way on smarter energy usage.”
As a part of its sustainable manufacturing initiatives, Godrej Interio has adopted various technologies across all the manufacturing locations to reduce energy consumption. These technologies include use of VFDs on pumps and blowers, use of waste recovery technologies such as heat pipes, use of heat pumps, installation of energy efficient machines and energy efficient lighting, etc. As of FY2020-21, Godrej Interio has reduced its energy consumption by 49.5% and water consumption by 43% based on its Good & Green Vision baseline of FY2010-11. It also achieved renewable energy share of 23% in FY20-21.
The company plans to invest Rs 60 million in next 3 years in renewable energy projects.
Similarly, the recycling of water at Godrej Interio’s plants is being done through Sewage Treatment Plants (STP) or Effluent treatment plants (ETP). The water recycled through ETP is made process ready for re-use in the manufacturing processes through advanced technologies such as reverse osmosis at Khalapur, Chennai and Bhagwanpur. In FY2020-21, around 40,440 Kiloliters of water was recycled and reused which is 31% of the total freshwater usage across Interio’s manufacturing plants. They plan on increasing this percentage to more substantial levels in the years to come.
About Godrej Interio:
Godrej Interio (GI) is India’s premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing, and retail.
Led by the largest in-house design team in the country in the furniture category and awarded with 37 India Design Mark Awards till date, GI aims to transform spaces with its thoughtfully designed furniture to create brighter homes and offices with products that have the highest design quotient in aesthetics, functionality and technology. With consistent pursuit of excellence and a special focus on health and ergonomics, GI’s product portfolio comprises a massive range.
Today, we design and manufacture furniture for office spaces, homes, educational institutes, healthcare facilities, laboratories and more. Along with furniture we offer Audio Visual and 360 Degree Turnkey solutions. Each of our product range revolves around comfort and aesthetics while delivering well-designed, fun and functional furniture solutions. Briefly, Godrej Interio transforms dream spaces to life!
Godrej Interio has 7 manufacturing facilities situated at Mumbai, Khalapur, Haridwar, Shirwal, and Bhagwanpur. GI’s Shirwal Plant is Green Co Platinum Certified, and Mumbai Plants are Green Co Gold Certified. GI is widely known for its comprehensive sustainability certifications for its products in furniture category.
GI commitment to the environment has resulted in manufacturing products with lesser environment footprint. Our pioneering efforts include designing less environment burdening products, usage of eco-friendly materials and setting up less polluting and consuming processes, ensuring eco-friendly packaging and transportation and finally the extended responsibility of recycling/reuse of used furniture and scrap, thus ensuring a lifecycle approach to green. GI has the widest range of green choices for our customers which not only includes products but also services such as green interiors and recycling.
Currently present in over 650 cities with 250 exclusive showrooms and 800 dealers, GI is one of the largest divisions of Godrej & Boyce Mfg. Co. Ltd., part of the Godrej Group, one of India's largest engineering and customer product groups.
The brand boasts of noteworthy awards received so far- CII Exim Bank Award for Business Excellence 2016, Superbrands 2017-18, Reader’s Digest Most Trusted Brand 2018 Gold (Home Furniture and Modular Kitchen), TRA’s India’s Most Consumer focused brand 2019, GreenCo Star Performer Award 2019, National Energy Leader Award at CII National Award for Excellence in Energy Management 2018.