Akzo Nobel India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25.'.
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Akzo Nobel India Limited (NSE: AKZOINDIA, BSE: 500710) submitted its 3rd Business Responsibility and Sustainability Report for FY 2024-25, covering standalone and consolidated operations across its 5 manufacturing plants in Thane, Mohali, Bengaluru, Hyderabad and Gwalior. The company reported turnover of Rs 40,912 million and net worth of Rs 13,198 million, with 100% revenue coming from paints, varnishes, enamels and lacquers, and exports contributing about 5% of total turnover. Key ESG highlights include about 56% of capex spent on sustainability-linked improvements such as powder coatings capacity expansion, renewable energy and energy management systems, with around two-thirds of inputs procured from sustainability-assessed sources and 10% recycled plastic used in containers. Safety metrics showed zero fatalities, zero lost-time injuries, and Loss of Primary Containment incidents dropped sharply from 5 in FY24 to 1 in FY25. Workforce stood at 1,901 people, and no cases of bribery, corruption or regulatory penalties were reported during the year.
This is a routine annual ESG compliance filing with no material impact on near-term stock price, but it reinforces the company's commitment to global sustainability targets (50% carbon reduction, 100% renewable energy and zero waste by 2030), which may appeal to ESG-focused long-term investors and institutional shareholders.