Apcotex Industries Limited has informed the Exchange about Business Responsibility and Sustainability Report.
APCOTEXIND · price
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Awaiting price reaction for this filing.
Apcotex Industries has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, filed in compliance with SEBI regulations. The company manufactures synthetic rubber and latexes, reporting turnover of Rs. 1,392.36 crores with 32% coming from exports to 47 countries, and operates two plants in India (Taloja and Valia). It has made strong progress on ESG targets, reducing GHG (Scope 1 & 2) emissions by 9.65% (against a 40% target by FY 2032), cutting freshwater withdrawal by 25% (well above the 10% target), improving energy efficiency by 10%, and achieving 100% recycling/incineration of hazardous waste. The company targets Net Zero by 2045 and has completed life cycle assessments for all five major products. Apcotex reported zero work-related injuries and zero fatalities across its workforce of 1,254 people, and was featured twice in the Forbes Asia 'Best Under a Billion' list.
This is a routine SEBI-mandated compliance filing and is unlikely to move the stock price on its own. However, the report shows the company is ahead on several sustainability targets (notably water reduction and zero-injury safety record), which is a positive signal for ESG-focused investors.