Timken India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY 2024-25'.

Timken India has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to the stock exchanges, as required under SEBI's Listing Regulations. The company is in the bearings and components manufacturing business (90% of turnover), operates 2 plants and 4 offices across India, and exports to 19 countries (18% of turnover). FY 2024-25 turnover stood at INR 31,478.10 million with a net worth of INR 28,448.65 million. The company has 1,282 total employees and workers, with a workforce that is overwhelmingly male (96%). Key sustainability commitments include a 50% reduction in Scope 1 and 2 GHG emissions intensity by 2030 (baseline 2018), 50% renewable energy usage by 2030, and annual 5% reductions in waste and water consumption. In FY 2024-25, renewable energy consumption rose by 30%. Material ESG risks identified include climate change, product quality, water management, information security, and regulatory compliance.