Gravita India Limited Submits Business Responsibility and Sustainability Report for FY25-26
Gravita India Limited has filed its Business Responsibility and Sustainability Report for FY25-26. The report covers ESG performance, business activities including lead and aluminum manufacturing, and operational reach across 22 countries. Key targets include Net Zero emissions by 2050 and 30% renewable energy consumption.
This is a routine compliance filing and does not contain new financial results, strategic decisions, or operational changes that would significantly impact the company's stock price or business operations in the short term.
The announcement is a routine disclosure of the company's sustainability report, providing information without any significant positive or negative financial or operational implications.
Gravita India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The report details the company's performance across various ESG (Environmental, Social, and Governance) principles and core elements. It covers general disclosures, management and process disclosures, and principle-wise performance.
Key aspects highlighted in the report include: * **Business Activities:** Manufacturing of lead and lead alloys (97% of turnover), aluminum and alloys (0.6%), plastic products (1.9%), and turnkey solutions (0.5%). * **Operations:** The company operates 8 plants and offices nationally and 11 internationally, serving 16 states in India and 22 countries globally. Exports contributed 40.88% of the total turnover. * **Employees:** As of the financial year-end, the company had 542 employees and 1,822 workers. Specific data on gender representation and turnover rates for permanent employees and workers is provided. * **CSR:** Gravita India Limited's CSR is applicable, with a turnover of ₹3,481.37 Crore and a net worth of ₹1,846.84 Crore. * **Material Issues:** The report identifies 12 material ESG issues, with employee health and safety, GHG emissions, and corporate governance being the top three. * **Targets:** The company has set several ESG targets, including 30% RE power consumption, 10% reduction in energy intensity by FY27, Net Zero emissions by 2050, and water neutrality for India operations by FY34. * **Assurance:** The BRSR core indicators have received reasonable assurance from TÜV SÜD South Asia Pvt. Ltd.
The report is available on the company's website at https://www.gravitaindia.com/investors/brsr.
A plain-language summary of a public exchange filing by Gravita India Limited. Read the original for the full detail.