HEG Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY 2024-25'.
HEG · price
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HEG Limited filed its annual BRSR disclosing that graphite electrode manufacturing accounts for 90.45% of turnover, with exports contributing 66.53% across 42 countries. The company reported turnover of Rs. 2,15,270.91 lakhs and net worth of Rs. 4,15,952.66 lakhs for FY 2024-25, with a workforce of 398 employees and 794 workers. The report formalizes new ESG targets including a 25% reduction in Scope 1 and 2 greenhouse gas emissions by FY 2030, 25% renewable energy usage by 2030, Zero Waste to Landfill by 2030, and a long-term Net Zero ambition by 2050. HEG has commissioned a 3 MW solar plant with another 2.4 MW underway, achieved a 27% reduction in diesel use, and maintains Zero Liquid Discharge status. Governance is led by a Board-level CSR and ESG Committee chaired by Managing Director Ravi Jhunjhunwala, with Chief Sustainability Officer Manish Gulati overseeing implementation.
This is a routine annual regulatory disclosure with no direct bearing on stock price or near-term shareholder returns. The newly formalized ESG targets and capex of 58% directed toward environmental and social improvements signal a long-term sustainability roadmap that may appeal to ESG-focused investors, but no material new financial commitments or operational changes are introduced.