TATA CONSUMER PRODUCTS LIMITED has informed the Exchange regarding ''Business Responsibility and Sustainability Report for FY2025-26''.
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Tata Consumer Products has filed its mandatory Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, independently assured by BSI Group India. The company reported consolidated revenue of Rs 20,290 crore (66% India, 34% international) with operations across 143 locations in India and 40+ countries. Key sustainability achievements include carbon neutrality for Scope 1 and 2 emissions, 35% renewable energy usage, 80% recyclable packaging, and zero waste to landfill. The company has set long-term targets: Net Zero by 2040, water-neutral by 2030, and reaching 250 million households in India by 2030. On governance, the company disclosed multiple tax-related penalties and income tax assessment orders totaling significant amounts under dispute, though one Rs 269 crore demand was later deleted via rectification.
The BRSR filing demonstrates TCPL's commitment to ESG transparency with independent verification, which is positive for ESG-focused investors. The carbon neutrality achievement and renewable energy progress support long-term sustainability credentials. However, the disclosed tax disputes (including demands of Rs 262 crore, Rs 98 crore, and Rs 172 crore pending at ITAT) represent contingent liabilities that investors should monitor.