Gem Enviro Management Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Gem Enviro Management Ltd?

Gem Enviro Management Ltd. is an environmental management company specializing in waste management and sustainability. They help businesses meet ecological regulations and adopt sustainable practices. The company offers various services, including waste collection, transportation, recycling, consulting, and compliance assistance to reduce environmental harm and support the shift to a circular economy. Here is a detailed overview of their products and services:

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1. Extended Producer Responsibility (EPR) Fulfillment

Gem Enviro Management Ltd. assists businesses in different industries with meeting Extended Producer Responsibility (EPR) requirements.

  • Plastic Waste Management: GEM helps companies manage plastic waste using eco-friendly principles. Plastic waste is a major environmental issue worldwide, leading countries to enforce strict production, recycling, and disposal rules.
  • E-Waste Management: The disposal of electronic devices is a growing concern due to increasing electronic waste. Gem Enviro offers complete E-Waste services, including collecting, recycling, and safely disposing of old electronic devices and materials that can harm the environment due to hazardous substances.
  • Battery Waste Management: Waste batteries can harm ecosystems, so proper disposal methods are essential. Gem Enviro assists companies in safely managing used batteries to ensure they are disposed of in an environmentally friendly way.
  • Tyre Waste Management: Used tires take up a lot of space in landfills and are hard to recycle, which creates environmental problems. Gem Enviro provides solutions for safely collecting and recycling tires, helping companies comply with disposal regulations.

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2. Environmental, Social, and Governance (ESG) Consulting and Reporting

In the past few decades, businesses have increasingly focused on sustainability. This shift emphasizes environmental, social, and governance (ESG) issues. They also help companies understand and implement ESG performance indicators.

  • Sustainability Strategy Development: They helps companies set and integrate sustainability goals into their operations. It includes planning for environmental and social impacts and focusing on long-term sustainability.
  • BRSR Reporting: The Business Responsibility and Sustainability Report (BRSR) is a new framework from India's Securities and Exchange Board (SEBI) for companies to report on sustainability. Gem Enviro assists companies in creating BRSR reports that meet guidelines and address stakeholder interests in sustainability performance.
  • ESG Compliance: Gem Enviro helps companies ensure their activities meet relevant local and global rules, including strategies for reducing carbon emissions, minimizing waste, using raw materials wisely, and caring for employees.
  • Sustainable Procurement: Gem Enviro promotes sustainable procurement practices in supply chains, committing to sourcing environmentally friendly materials and products.

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3. Plastic Credits

Plastic pollution is a big problem, and Gem Enviro is tackling it with its plastic credit services. These credits allow businesses that produce plastic to commit to recycling initiatives, helping to reduce their environmental impact. The main functions of Plastic Credits include:

  • Plastic Credit Program Management: Gem Enviro helps businesses understand their plastic use. They can reduce their impact by buying plastic credits from Gem Enviro. These credits fund projects for managing plastic waste, like recovery and recycling.
  • Certification and Auditing: Gem Enviro certifies and audits the plastic credits they sell to businesses. It ensures the credits are real and gives businesses confidence that their money supports meaningful projects.
  • Sustainability Reporting: Businesses can purchase plastic credits to reduce waste and support environmental efforts. They can then include these efforts in their sustainability reports.

4. Waste Collection and Recycling

Gem Enviro provides complete waste management services, from collection to recycling. The company helps businesses dispose of waste safely and eco-friendly while meeting legal requirements. Key Services in Waste Management:

  • Collection Services: Gem Enviro collects various types of waste, including dry waste, e-waste, plastics, and non-biodegradable items. Their network of collectors helps businesses ensure proper waste disposal.
  • Recycling and Disposal: After collecting the waste, Daimorov and Graham separate it and send it to the proper recycling centers. The company has contracts with authorized disposal and recycling firms, making it easier to follow environmental laws and reduce the risks of using dumping grounds.
  • Waste Audits: GEM also conducts waste audits to measure how much waste businesses produce. This information helps identify areas for improvement and guides effective waste management strategies.

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5. Engaging and social and ethical responsibilities

The company's policies reflect Gem Enviro's mission, vision, and core values. The company also supports businesses creating and implementing Integrated Corporate Social Responsibility (CSR) policies. Key Services:

  • Sustainability Reports and Policies : Gem Enviro creates and supports policies for annual reports on sustainable practices. It helps companies communicate their sustainability efforts to investors, stakeholders, and others interested in their practices.
  • CSR Strategy Development: These strategies enable companies to contribute to society while protecting the environment. It includes guidance on community sponsorship, environmental programs, and employee welfare initiatives.

6. Rehabilitation and capacity building

  • Gem Enviro also offers rehabilitation and education programs. The company gives businesses and individuals clear information about waste management and sustainability. These training programs aim to motivate participants to take responsibility for managing waste and tackling the urgent problem of environmental pollution.

Question 2: Who are the promoters of Gem Enviro Management Ltd?

The promoter of Gem Enviro Management Ltd incude Sachin Sharma, Sangeeta Pareekh, BPL Equity Research Private Limited, Dinesh Pareekh, Bajrang lal Pareekh and Dinesh Pareekh, Sarthak Agarwal, Poonam and Pushp Lata Sharma.

Mr. Sachin Sharma is the company's Managing Director. He pursued a master's in business administration from IIM Calcutta.

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