Vaibhav Global Releases ESG Report for FY25-26, Highlighting Sustainability Initiatives
Vaibhav Global released its FY25-26 ESG Report, highlighting a commitment to Net Zero by 2050. The company achieved an 81.6% renewable energy share and reduced Scope 1+2 emissions by 10.6%. Socially, 12.35 Mn meals were distributed under its mid-day meal program in FY26. Vaibhav Global also secured a strong ESG rating of 74 from ICRA.
The ESG report provides a comprehensive overview of the company's sustainability efforts and future commitments, which are important for investors and stakeholders interested in long-term value creation and responsible business practices.
The report details significant progress and commitments towards environmental sustainability, social impact, and strong governance, indicating a positive trajectory for the company's ESG performance.
Vaibhav Global Limited has published its Environmental, Social, and Governance (ESG) Report for the Financial Year 2025-26. The report, themed "Sustaining Value. Strengthening Futures," details the company's progress in environmental stewardship, social impact, and corporate governance.
Key environmental initiatives include aligning with the Science Based Targets initiative (SBTi) for emission reduction, with a commitment to Net Zero by 2050. Near-term targets include a 60% reduction in Scope 1 & 2 emissions by 2035 and a 70% reduction in Scope 3 emissions per unit of value added by 2035, based on an FY25 baseline. The company reported a 10.6% reduction in combined Scope 1+2 emissions in FY26, reaching 1,220.48 tCO₂e. Renewable energy usage reached 81.6% of total consumption, with a cumulative solar generation of 24.6 Mn kWh. Water withdrawal decreased by 11.6%, and total waste generation was reduced by 29%.
Socially, Vaibhav Global continued its 'your Purchase Feeds...' mid-day meal program, distributing 12.35 Mn meals in FY26, bringing the total to 112.4 Mn meals since its inception. The company also retained its Great Place to Work® certification across its global operations.
In terms of governance, Vaibhav Global received a combined ESG rating of 74 (Strong) from ICRA ESG Ratings Limited. The company's Shop LC achieved LEED v4.1 O+M: Existing Green Building recertification, with Building D upgraded to Platinum and Building E retaining its Gold certification.
The company is focused on a strategic ESG roadmap guided by three pillars: Product, People, and Planet. This includes responsible sourcing, reducing carbon footprint through sustainable commute with electric vehicles, and achieving green building certifications. Vaibhav Global aims for all buildings and facilities to obtain Green Building certification by FY27 and for all manufacturing facilities to run on 100% renewable energy by FY27.
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Vaibhav Global Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Vaibhav Global Limited. Read the original for the full detail.