Sustainable Production at Lucro: Embedding ESG into Every Operation

As a company leading the transition from virgin to recycled plastic, we are not only committed to developing innovative, circular packaging—but also to operating in a way that’s environmentally responsible, socially conscious, and built for long-term impact. Through a combination of operational excellence, responsible sourcing, stakeholder engagement, and data-driven governance, we are working to create a truly sustainable and transparent value chain.

The environmental footprint of industrial operations is a growing global concern. According to the UN Environment Programme (UNEP), buildings and their construction are responsible for 36% of global energy use and 39% of energy-related CO₂ emissions. We understand that every unit of energy consumed or wasted directly contributes to this problem.

Our Initiatives:

• Machine optimization: Monthly machine utilization reports ensure efficient capacity use, minimizing idle time and energy waste.
• Preventive maintenance: We maintain and upgrade equipment proactively to reduce energy losses from friction and outdated systems.
• Environmental compliance: Monthly site audits, regular interaction with environmental regulators, and real-time tracking of emissions and energy consumption ensure we remain aligned with national and global standards (ISO 14001, SDG 12, SDG 13).
• Continuous decibel monitoring is carried out on our factory floors to ensure safe sound levels. Employees working near high-decibel equipment are mandated to wear ear protection such as earplugs. (Aligning with SDG 3 Good Health and Well-being) and our commitment to a safe, humane workplace.
• As part of our health and safety agenda, noise levels and mitigation are regularly reviewed by the Environment & Workplace Safety Committee, with improvement actions tracked.

We recognize that our environmental and social footprint extends beyond our facilities and into our supply chain. That’s why we are building long-term partnerships with suppliers who share our values.

Key Highlights:

• We engage suppliers on their sustainability efforts, including resource conservation, labour rights, and waste management.
• Over the past year, we’ve begun formalizing supplier assessments to better understand and improve ESG performance across our vendor base.
• We are committed to working with waste aggregators, material vendors, and logistics partners to set shared sustainability goals, co-create impact programs, and drive traceability deeper into the chain.

This aligns with ESG best practices around Scope 3 emissions tracking and responsible procurement, as encouraged by GRI and SASB frameworks.

We’re proud to deliver packaging that contains 30% to 100% post-consumer recycled content, helping brands:

• Meet EPR requirements under India’s Plastic Waste Management Rules
• Comply with India Plastics Pact goals for recyclability and PCR inclusion
• Reduce Scope 3 emissions associated with virgin resin procurement

Through our design-for-recycling expertise, we support the shift from multi-layered, non-recyclable formats to mono-material, closed-loop alternatives—helping clients embed sustainability into their product DNA.

We measure and report on:

• Waste diverted from landfills
• Post-consumer plastic processed
• Energy saved per kg of recycled output
• Emission reductions from PCR packaging adoption

We align our reporting with leading ESG frameworks including GRI, TCFD, and SASB, ensuring stakeholders have access to accurate, comparable, and decision-useful information.

Lucro’s model for sustainable production is built on circular thinking, responsible sourcing, transparent reporting, and community engagement. By continuously innovating our systems and improving our environmental performance, we’re demonstrating that growth and responsibility can go hand in hand.