Varroc Engineering Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "Varroc Reaffirms Commitment to Kham River Restoration and Sustainability on World Earth Day".
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Varroc Engineering issued a press release on World Earth Day (April 22, 2026) reaffirming its commitment to sustainability, clean energy, and the ongoing Kham River restoration project. The company reported an improved ESG rating of 75 from CFC Finlease, an EcoVadis score upgrade from 44 to 52 (moving from the 18th to the 34th global percentile), and the 'Sustainability Committed' badge. Renewable energy now accounts for around 40% of its total electricity consumption, with a near-term target of exceeding 50%. Varroc avoided over 28,000 tonnes of CO₂ emissions in FY2026, achieved roughly a 26% reduction in carbon emissions, and rolled out more than 100 energy efficiency projects. The Kham River mission has restored 54 acres, planted 22,748+ saplings, cleaned 46,650 sq. m of river area, and was a top-5 global finalist for the WRI Ross Center Prize for Cities.
There is no direct financial impact from this announcement, but the improved ESG ratings and emissions metrics strengthen Varroc's appeal to ESG-focused global investors and OEMs, supporting long-term stakeholder confidence rather than any near-term stock price movement.