Maruti Suzuki files FY25 Business Responsibility and Sustainability Report, highlighting strong ESG performance and ambitious targets

Maruti Suzuki India Limited (MSIL) has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25, which forms an integral part of its Annual Report. * The company's main activities include manufacturing and sale of passenger and commercial vehicles, accounting for 82.76% of turnover, and sale of parts and accessories at 12.78%. Exports contributed 14.99% to the total turnover. * As of FY 2024-25, MSIL employed 15,901 permanent and other employees, with women comprising 27.27% of the Board of Directors. * For CSR applicability, the company reported a turnover of ₹1,51,900.1 crore and a net worth of ₹94,046.7 crore. * MSIL has set ambitious sustainability targets, including: * Achieving a minimum of 85% recyclability and 95% recoverability of materials used in vehicles. * Targeting a powertrain mix for Passenger Vehicle sales in India by FY 2030-31: 15% BEVs, 25% Hybrid Vehicles, 35% CNG/CBG Vehicles, and 25% Flex Fuel/Fuel-Efficient ICE Vehicles. * Increasing solar power generation capacity to 319 MWp by FY 2030-31, aiming for approximately 85% renewable electricity in total consumption. * Increasing the share of vehicle dispatches via rail to 35% by FY 2030-31. * Achieving a minimum of 20% representation of women among total new hires for regular employees in FY 2025-26. * Promoting circular economy through waste minimization, maximizing waste recycling, optimizing water recycling efficiency, and ensuring zero liquid discharge. * Performance highlights for FY 2024-25 include: * Achieved an average recyclability of 92% and recoverability of 98% for vehicle materials, exceeding targets. * Successfully achieved the solar power generation capacity target of 78.2 MWp (originally set for FY 2025-26) one year ahead of schedule. * Reduced waste generation intensity by 4.6% compared to FY 2023-24, with 100% non-hazardous waste recycled and 100% hazardous waste recycled or co-processed, ensuring zero waste to landfill. Nearly two-thirds of total water requirement was met through recycled water, maintaining zero liquid discharge. * Achieved a 32% reduction in packaging material in the 4th Generation Dzire. * Dzire received a 5-star safety rating and Baleno a 4-star safety rating under the Bharat New Car Assessment Program (BNCAP). * Reduced vehicle recalls by 66% compared to FY 2023-24. * Women hires represented over 13% of total new hires for regular employees. * The company significantly increased investments in environment/social improvements to ₹2,000.4 crore (23.90% of total investments) in FY 2024-25, up from ₹272.9 crore (3.99%) in FY 2023-24. * MSIL has a joint venture, Maruti Suzuki Toyotsu India Private Limited (MSTI), for End-of-Life Vehicle (ELV) dismantling and recycling, reclaiming 3,063.25 MT of steel, 248.76 MT of aluminium, and 36.73 MT of E-waste in FY 2024-25. * A Board-level Sustainability Committee oversees the company’s sustainability matters.