Johnson Controls - Hitachi Air Conditioning India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report'.
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Johnson Controls-Hitachi Air Conditioning India (JCH-IN) has filed its Business Responsibility and Sustainability Report for the financial year ending March 31, 2025. The company manufactures and trades air conditioners under the Hitachi brand, contributing 99.9% of its INR 27,564.6 million turnover, with exports at 4.3%. It has a workforce of around 4,784 people (2,498 employees and 2,286 workers), and the female share is 11.4% among employees. Employee turnover improved sharply, falling from 23% in FY24 to 10.8% in FY25. The company has shifted its entire Room AC range to R32, a low global-warming-potential refrigerant, and 74.2% of its R&D spend (up from 63.6% in FY24) went toward environmental and social improvements. It recycled 11,148 metric tonnes of e-waste and 1,349 metric tonnes of plastic during the year, and reported zero workplace fatalities. Its parent Johnson Controls has committed to net-zero carbon emissions by 2040. No independent assurance was obtained for the BRSR Core disclosures.
This is a routine annual ESG compliance filing required by SEBI and is unlikely to move the stock price on its own. However, the move to eco-friendly R32 refrigerant, the rising R&D spend on green technology, and the alignment with the parent's net-zero-by-2040 target show JCH-IN is positioned well for tightening energy-efficiency rules and growing demand for sustainable cooling products.