BOROSIL RENEWABLES LIMITED has informed the Exchange regarding Business Responsibility & Sustainability Report for FY 2024-25''.
BORORENEW · price
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Borosil Renewables, India's leading solar glass manufacturer, has filed its BRSR for FY 2024-25 as required under SEBI's Listing Regulations. The company, based in Mumbai with a 1,000 TPD plant in Bharuch, Gujarat, reported standalone turnover of Rs 1,10,993.63 lakhs and a net worth of Rs 1,11,760.61 lakhs. Key ESG highlights include a 6.75% reduction in Scope 1+2 emissions, a 30.40% cut in water consumption versus the FY 2021-22 baseline, and a carbon footprint 22% lower than the global solar glass industry average. Currently, 30% of its electricity comes from renewables (10 MW wind-solar hybrid + 1.5 MW wind farm), and this will rise to 65% once an additional 16.5 MW hybrid plant is commissioned by September 2025. The company also reported a 1.91% year-on-year increase in gender diversity and resolved all 29 shareholder and 122 customer complaints during the year.
This is a routine regulatory ESG disclosure, not a price-moving event, but it reinforces Borosil Renewables' sustainability credentials, which may support inclusion in ESG-focused funds and long-term investor confidence. The confirmed ramp-up of renewable energy to 65% of consumption by Q2 FY26 is a positive operational milestone that could gradually lower energy costs.