Waaree Energies Releases FY26 Business Responsibility and Sustainability Report
Waaree Energies Limited released its FY26 BRSR, reporting 339.74 MT CO2e Scope 1 and 2,47,886.65 MT CO2e Scope 2 emissions. Total water consumption was 22,78,757 KL. 5.34% of energy consumed was renewable. Total waste generated was 65,096.01 MT. FY26 revenue reached ₹20,990.51 Crores, a 64.44% YoY growth, with 12 GW module production.
This is a standard annual disclosure of sustainability performance. While important for ESG evaluation, it does not directly impact the company's immediate financial performance or strategic direction in a significant way.
The announcement is a routine disclosure of the company's Business Responsibility and Sustainability Report for the fiscal year. It presents factual data and does not contain any significant positive or negative news.
Waaree Energies Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, along with an Independent Reasonable and Limited Assurance Report from Bureau Veritas (India) Private Limited. This report is an integral part of the company's Integrated Annual Report for FY 2025-26 and is also available on Waaree's website.
The BRSR highlights significant achievements and data for FY 2025-26. The company reported a total Scope 1 GHG emission of 339.74 Metric Tons of CO2e and Scope 2 emissions of 2,47,886.65 Metric Tons of CO2e. The GHG emission intensity per million of turnover was 1.182 Metric Tons of CO2e. Total water consumption for the year was 22,78,757 Kiloliters, with a water intensity of 10.856 KL per million rupee of turnover.
In terms of energy, 5.34% of the energy consumed was from renewable sources. The total energy consumed was 1,334,706,749.20 Megajoules, with an energy intensity of 6,358.619 MJ per million rupee turnover. Waste management data shows a total of 65,096.01 Metric Tons of waste generated, with a waste intensity of 0.3101 MT per million of rupee turnover. The company reported spending 0.047% of its total revenue on employee well-being measures. Key diversity metrics include 6.75% of total employees being female and 2.24% of total workers being female. Gross wages paid to females constituted 5.36% of total wages paid.
The report also details the company's commitment to ESG principles, its extensive network of 18 direct subsidiaries and numerous step-down subsidiaries. Waaree Energies Limited is India's largest solar PV module manufacturer and exporter, with a presence in 25 countries and an integrated portfolio including solar modules, EPC solutions, inverters, energy storage systems, and green hydrogen. The company achieved its highest-ever annual module production of 12 GW in FY 2026, with a revenue of ₹20,990.51 Crores, marking a 64.44% year-on-year growth. The Chairman and Managing Director, Hitesh Chimanlal Doshi, emphasized sustainability as the foundation of Waaree's business, aligned with the UN Sustainable Development Goals.
A plain-language summary of a public exchange filing by Waaree Energies Limited. Read the original for the full detail.