Automotive Axles Limited has informed the Exchange regarding 'ESG Rating - SES ESG Research Private Limited'.
AUTOAXLES · price
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Automotive Axles Limited has been assigned an ESG score of 71.0 for 2025 by SES ESG Research, a SEBI-registered ESG rating provider, improving from 68.8 in 2024 (a rise of 2.2 points). The rating was independently determined by SES based on the company's public disclosures for FY 2024-25, and the company did not engage SES for this assessment. Key positive highlights include 52.12% of energy now sourced from renewables (up from 35.62% last year), reduced Scope 1 and Scope 2 GHG emissions, zero fatalities over the last three years, and a 100% product/service quality score. Areas of concern include non-compliance with air pollution control requirements under the Air Act 1981, 1 high-consequence worker injury reported, rising water consumption and waste intensity, low women representation in workforce (~4%), and a rejected shareholder proposal for a ₹2,500 crore related-party transaction with Meritor HVS (India) Ltd. The overall grade falls in the B+ (medium) risk band on SES's scale of 0-100.
This is an informational disclosure and does not directly impact stock price or shareholder returns. The improved ESG score may modestly enhance the company's appeal to ESG-focused institutional investors, while the noted governance concerns (rejected related-party transaction, non-compliance issues) warrant attention from shareholders monitoring corporate governance practices.