Vaibhav Global files FY26 ESG report with Net Zero and SBTi commitments
VAIBHAVGBL · price
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Vaibhav Global filed its fifth annual ESG Report for FY26. Company committed to the Science Based Targets initiative with a Net Zero by 2050 goal, targeting a 60 percent absolute reduction in Scope 1 and 2 emissions by 2035 and a 70 percent Scope 3 intensity cut by 2035. Achieved a 10.6 percent drop in combined Scope 1 and 2 emissions versus FY25. Received ICRA Combined ESG Rating of 74 (Strong). Distributed 12.35 million meals under its 'your Purchase Feeds' programme. Global revenue stood at 415.6 million dollars with a 37.57 percent dividend payout in FY26.
Positive ESG disclosures reinforce sustainability credentials and may support long-term investor confidence; no immediate material impact on earnings or stock price expected.