ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding 'Business Responsibility Sustainability Report'.
ZFCVINDIA · price
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Awaiting price reaction for this filing.
ZF Commercial Vehicle Control Systems India (formerly WABCO India) has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as part of its Integrated Annual Report, in line with SEBI's listing rules. The company reported turnover of Rs 3,804.09 crore and a net worth of Rs 3,210.08 crore, with exports contributing 41.05% of revenue across 15 countries. It operates 6 manufacturing plants in India and employs 2,029 permanent employees and 3,093 workers in total. The report highlights the company's sustainability commitments, including a target to become carbon neutral by 2040, use 100% renewable energy by 2026, and achieve 43.75% sustainable sourcing. No fines, penalties, or bribery/corruption complaints were reported during the year, and 100% of employees across all categories were covered by training and awareness programmes.
This is a routine regulatory filing disclosing ESG performance and is unlikely to move the stock price on its own. However, it reinforces the company's long-term sustainability roadmap, with clear targets on carbon neutrality and renewable energy that may appeal to ESG-focused investors.