Vaibhav Global Limited has informed the Exchange regarding 'Environmental, Social and Governance Report for the FY 2024-25'.
VAIBHAVGBL · price
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Vaibhav Global Limited has filed its fourth annual ESG Report for FY 2024-25 with the stock exchanges. The company, a vertically integrated fashion jewellery and lifestyle retailer, reported $400 million in global revenue, 19% return on capital employed, and a 65% dividend payout. Key environmental milestones include scaling solar capacity to 3.68 MW (adding 450 kW in FY25), cumulative generation of 20 million kWh of solar energy, planting 28,000 saplings via Miyawaki forests, and installing a 215 kWh battery storage system. On the social side, the 'your purchase feeds...' mid-day meal programme crossed 100 million cumulative meals, with 13 million meals served in FY25 to 57,000 children daily. The company targets carbon neutrality in Scope 1 and 2 emissions by 2031, and received an ICRA ESG Rating of 72 (Strong) and Great Place to Work certification across all global entities.
This is a routine regulatory disclosure with no direct impact on stock price or shareholder returns in the short term. The strong sustainability metrics, certifications, and a 65% dividend payout highlight management's balanced focus on ESG goals and shareholder value, which may strengthen appeal to ESG-conscious investors.