Greaves Cotton Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY2024-25.'
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Greaves Cotton has filed its third edition of the Business Responsibility and Sustainability Report (BRSR) for FY2024-25, as required under SEBI's Listing Regulations. The report covers the standalone entity along with two subsidiaries — Greaves Electric Mobility and Excel Controlinkage. Key ESG highlights include 100% Human Rights assessment of all manufacturing sites, assessment of ~50% of suppliers by value, zero lost-time injuries, all plants being Zero Liquid Discharge, and avoidance of 345,829 kg of CO2e through renewable energy. The company voluntarily engaged Agile ESG Advisors for reasonable assurance on BRSR core indicators, going beyond regulatory mandate. R&D spend on environmental and social improvements rose sharply to 83% (from 46% in FY24), a fourth solar plant was inaugurated at Aurangabad (5.1 million units/year), and customer complaints dropped sharply to 14,758 from 40,024 the previous year.
This is a routine annual ESG compliance filing with no direct impact on stock price or shareholder returns. However, the strengthened disclosures, independent assurance, and visible progress on sustainability metrics may boost appeal to ESG-focused investors and institutional funds.