Pearl Global Industries Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the FY 2024-25'.
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Pearl Global Industries has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's Listing Regulations. The company is an apparel manufacturer and exporter, with 100% of revenue from garments and 99% of turnover coming from exports across 7 international countries. It has a total workforce of 10,904 (1,452 permanent employees and 9,452 workers), with 22 subsidiaries globally and operations across 16 international and 11 national locations. The company reports 45% of inputs sourced sustainably, 100% coverage of permanent employees under health and accident insurance, and 25% women representation on its Board. It has policies covering all 9 NGRBC principles, an anti-bribery policy, and reports no penalties, fines, or disciplinary actions for corruption. No external assurance was obtained and reporting is on a standalone basis.
This is a routine annual ESG/regulatory disclosure mandated by SEBI and is unlikely to cause any immediate stock price movement. It provides investors with visibility into the company's sustainability practices, workforce diversity, supply chain governance, and risk management framework, which can be useful for ESG-focused investment decisions.