| Industry | Agriculture, Biomimicry, Building & Construction |
|---|---|
| Product Profile/Sector | Tractors, farm equipment, biotechnology, infrastructure |
| HO Location | New Delhi, India |
| Factory Locations |
Pune, Maharashtra Dahej, Gujarat 5 other locations |
| Net Zero Target | 2050 |
|---|---|
| Certifications & Accreditations | ISO 14001, ISO 50001, Greenpro, IGBC, ISO 14064, ISO 20400 |
| Reports | BRSR, GRI, TCFD, IFRS, SASB |
| Ratings | CRISIL ESG-68, MSCI, DJSI, CDP-A, SBTi, EcoVadis-75 |
Company has taken several initiatives at each plant level in order to conserve energy which is in line with the policy of conservation of natural resources along with adoption of solar energy. Company has 3 solar power plants.
| Initiative Undertaken | Details | Outcome |
|---|---|---|
| Ground-mounted, floating, and rooftop solar plants | Combined capacity of 196.75 MW identified for installation at various plants and units nationwide. | Boosts on-site renewable generation, reducing reliance on fossil fuels and enhancing energy security. |
| Small hydro electric plant at Mandira dam | 10 MW plant in joint venture with GEDCOL in Rourkela. | Diversifies renewables with hydro, contributing to sustainable baseload power and local development. |
| Energy efficient LED lighting replacement under UJALA scheme | Systematic installation of over 1.2 million durable, high-performance LED lights, achieving 93% coverage of total lighting infrastructure across all plants/units. | Substantial energy savings, reinforced sustainable operations, and reduced carbon footprint through enhanced efficiency. |
| Unit - GJ | Unit | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|---|
| Renewable Sources | ||||
| Electricity | - | 354,755.00 | 308,525.00 | 301,781.00 |
| Fuel | - | 2,096.00 | 1,804.50 | 1,655.80 |
| Other sources | - | 50.10 | 70.10 | 40.55 |
| Total renewable energy | - | 356,901.10 | 310,399.60 | 303,477.35 |
| Non-Renewable Sources | ||||
| Electricity | - | 650,710.00 | 866,904.00 | 888,415.00 |
| Fuel | - | 603,551.00 | 681,508.00 | 691,229.00 |
| Other sources | - | 111.00 | 258.00 | 253.00 |
| Total non-renewable energy | - | 1,254,372.00 | 1,548,670.00 | 21,579,897.00 |
| Total Energy Consumed | - | 1,611,273.00 | 1,859,069.00 | 1,883,374.00 |
| Renewable Power % | - | 22.15 | 16.70 | 16.11 |
| Intensity Metrics | ||||
| GJ/INR turnover | - | 0.20 | 0.30 | 0.70 |
| GJ/MT output | - | 45.10 | 49.78 | 56.18 |
Through the use of rainwater collecting, roof water harvesting systems, sewage treatment plants (STP), and effluent treatment plants (ETP), the company has put in place a system for zero liquid discharge and water conservation. By reusing treated water, the procedure reduces reliance on freshwater resources and saves an equivalent amount of water, which helps to maintain the groundwater level in the area. Additionally, water from the STP and ETP is used for gardening, dust suppression to reduce fugitive emissions, and other process needs.
| Initiative Undertaken | Details | Outcome |
|---|---|---|
| Wastewater treatment | At their factory and colony, the company installed ETP with a capacity of 19200 KLD and STP with a capacity of 500 KLD. | For gardening, dust suppression to lower fugitive emissions, and other process requirements, treated water is utilized. |
| Rainwater harvesting | In FY25, a total of 410,855 m³ of rainwater was harvested at the Hisar and Jajpur facilities. | Thus, minimising freshwater withdrawal by maximising the internal reuse of rainwater. |
| Unit - KL | Unit | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|---|
| Source | ||||
| Surface water | KL | 233,991.00 | 547,693.00 | 647,693.00 |
| Groundwater | KL | 709,486.00 | 851,649.00 | 951,649.00 |
| Purchased water | KL | 719,906.00 | 705,637.00 | 605,637.00 |
| Seawater/desalinated water | KL | 419,800.00 | 756,651.00 | 656,651.00 |
| Other sources | KL | 5,307.00 | 4,307.00 | 6,307.00 |
| Total Water Withdrawal | KL | 2,088,489.00 | 2,892,937.00 | 2,867,937.00 |
| Consumption | KL | 1,162,999.00 | 1,947,250.00 | 2,003,364.00 |
| Water discharged | ||||
| Surface water | ||||
| No treatment | KL | 16,009.00 | 45,244.00 | 6,011.00 |
| With treatment | KL | 6,011.00 | 246,352.00 | 16,009.00 |
| Groundwater | ||||
| No treatment | KL | 15,233.00 | 4,551.00 | 6,542.00 |
| With treatment | KL | 4,551.00 | 15,233.00 | 75,111.00 |
| Seawater | ||||
| No treatment | KL | 541,452.00 | 2,541.00 | 2,241.00 |
| With treatment | KL | 2,541.00 | 541,452.00 | 541,452.00 |
| Sent to third parties | ||||
| No treatment | KL | 6,542.00 | 45,244.00 | 35,144.00 |
| With treatment | KL | 75,111.00 | 246,352.00 | 2,578.00 |
| Other channels | ||||
| No treatment | KL | 246,352.00 | 6,542.00 | 117,575.00 |
| With treatment | KL | 45,244.00 | 75,111.00 | 4,524.00 |
| Total water discharged | KL | 925,491.00 | 945,687.00 | 864,573.00 |
| Intensity Metrics | ||||
| KL/INR turnover | KL/INR turnover | 0.01 | 0.02 | 0.01 |
| KL/MT output | KL/MT output | 458.56 | 641.00 | 982.22 |
| % Replacement of consumpt | % Replacement of consumpt | 11.02 | 2.25 | 4.56 |
Initiatives include material recovery through authorised recyclers, co‑processing hazardous waste as alternative fuel and raw material and recycling of metal and non‑metal scrap through authorised recyclers. Waste management programme includes employee training on circularity in waste management, identification of new technologies and methods to minimise waste and divert waste from landfills. These efforts are helping all plants to achieve the 'Zero Waste to Landfill' target by 2030.
| Initiative Undertaken | Detail | Outcome |
|---|---|---|
| Biodegradable waste management | Installation of automated OWC at their plant to convert food waste to compost. | The generated bio-compost is being used for green belt. |
| Foundry waste sand management | Recycling of used sand for manufacturing of cores in Maval Plant. | Reduction in virgin sand. |
| Unit - MT | Unit | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|---|
| Waste Generated | ||||
| Plastic waste | MT | 1,994.00 | 1,959.00 | 1,800.00 |
| E-waste | MT | 137.00 | 76.00 | 60.00 |
| Biomedical waste | MT | 2.80 | 1.98 | 2.00 |
| Construction waste | MT | 6,244.00 | 3,180.00 | 3,000.00 |
| Battery waste | MT | 202.00 | 233.00 | 200.00 |
| Radioactive waste | MT | 1.50 | 1.60 | 1.40 |
| Other Hazardous waste | MT | 3,934.00 | 4,009.00 | 4,000.00 |
| Other Non-Hazardous waste | MT | 90,087.00 | 81,488.00 | 81,000.00 |
| Total waste generated | MT | 98,601.00 | 90,947.00 | 90,063.40 |
| Waste Recovered | ||||
| Plastic waste | ||||
| Recycled | MT | 450.00 | 500.00 | 464.00 |
| Re-used | MT | 952.00 | 100.10 | 20.40 |
| Other | MT | 25.00 | 31.00 | 35.00 |
| E-waste | ||||
| Recycled | MT | 2.00 | 1.00 | 3.00 |
| Re-used | MT | 1.50 | 2.50 | 3.60 |
| Other | MT | 6.70 | 6.00 | 6.40 |
| Biomedical waste | ||||
| Recycled | MT | 0.10 | 0.20 | 0.10 |
| Re-used | MT | 0.01 | 0.01 | 0.01 |
| Other | MT | 2.50 | 2.10 | 1.90 |
| Construction waste | ||||
| Recycled | MT | 21.00 | 23.20 | 60.40 |
| Re-used | MT | 452.00 | 662.00 | 1,675.00 |
| Other | MT | 5.50 | 15.60 | 98.52 |
| Battery waste | ||||
| Recycled | MT | 1.00 | 2.30 | 1.50 |
| Re-used | MT | 0.01 | 0.01 | 0.01 |
| Other | MT | 0.01 | 0.01 | 0.01 |
| Radioactive waste | ||||
| Recycled | MT | 0.00 | 0.00 | 0.00 |
| Re-used | MT | 0.00 | 0.00 | 0.00 |
| Other | MT | 0.00 | 0.00 | 0.00 |
| Other Hazardous waste | ||||
| Recycled | MT | 422.00 | 125.00 | 366.00 |
| Re-used | MT | 85.00 | 60.00 | 123.00 |
| Other | MT | 1,263.00 | 24.00 | 1,645.50 |
| Other Non-Hazardous waste | ||||
| Recycled | MT | 52.00 | 42.00 | 61.00 |
| Re-used | MT | 15.00 | 15.04 | 15.14 |
| Other | MT | 0.12 | 0.25 | 0.45 |
| Total waste recovered | ||||
| Recycled | MT | 73,673.00 | 53,728.00 | 46,262.00 |
| Re-used | MT | 696.00 | 250.00 | 257.00 |
| Other | MT | 4,000.00 | 5,000.00 | 6,100.00 |
| Total Waste Recovered | MT | 78,369.00 | 58,978.00 | 52,619.00 |
| Waste Disposed | ||||
| Plastic waste | ||||
| Incineration | MT | 1.20 | 1.00 | 0.20 |
| Landfilling | MT | 0.01 | 0.01 | 0.01 |
| Other | MT | 4,500.00 | 5,000.00 | 6,000.00 |
| E-waste | ||||
| Incineration | MT | 1.20 | 1.00 | 0.20 |
| Landfilling | MT | 0.10 | 0.10 | 0.10 |
| Other | MT | 45.00 | 50.00 | 51.00 |
| Biomedical waste | ||||
| Incineration | MT | 0.01 | 0.01 | 0.01 |
| Landfilling | MT | 0.01 | 0.01 | 0.01 |
| Other | MT | 0.01 | 0.01 | 0.01 |
| Construction waste | ||||
| Incineration | MT | 250.20 | 1,035.40 | 4,620.00 |
| Landfilling | MT | 255.20 | 1,111.40 | 6,411.00 |
| Other | MT | 63.00 | 1,222.00 | 150.00 |
| Battery waste | ||||
| Incineration | MT | 0.01 | 0.01 | 0.01 |
| Landfilling | MT | 0.01 | 0.01 | 0.01 |
| Other | MT | 0.01 | 0.01 | 0.01 |
| Radioactive waste | ||||
| Incineration | MT | 0.00 | 0.00 | 0.00 |
| Landfilling | MT | 0.00 | 0.00 | 0.00 |
| Other | MT | 0.00 | 0.00 | 0.00 |
| Other hazardous waste | ||||
| Incineration | MT | 541.00 | 644.00 | 789.00 |
| Landfilling | MT | 6,001.00 | 7,262.20 | 4,000.20 |
| Other | MT | 15.00 | 66.60 | 541.30 |
| Other Non-Hazardous waste | ||||
| Incineration | MT | 12.00 | 2.50 | 63.00 |
| Landfilling | MT | 0.10 | 0.20 | 2.90 |
| Other | MT | 12.60 | 144.00 | 662.00 |
| Total waste disposed | ||||
| Incineration | MT | 40.00 | 41.00 | 30.00 |
| Landfilling | MT | 24,133.00 | 31,527.00 | 31,000.00 |
| Other | MT | 59.00 | 401.00 | 400.00 |
| Intensity Metrics | ||||
| MT/INR turnover | MT/INR turnover | 0.02 | 0.56 | 0.71 |
| MT/MT output | MT/MT output | 21.33 | 45.45 | 31.22 |
Investment to lower non-renewable energy and time cycle and process parameter optimization. Additionally, green chemistry, chemicals, and carbon dioxide capture are being worked on. Electric buses were introduced as a show of the company's dedication to provide its workers with environmentally friendly and sustainable transportation. In line with the company's objective of Net Zero emissions by 2050, this shift is expected to cut carbon emissions by 500 tons of CO2 yearly.
| Initiative Undertaken | Detail | Outcome |
|---|---|---|
| Sulphur an alternate to carbon for Ferromanganese production | A new process uses sulphur as a reductant in producing ferromanganese, improving energy efficiency and reducing costs while creating valuable byproducts. This innovation could enhance sustainability and lower environmental impact. | The sulphur reductant has potential to minimise about 40% of CO2 emission in conventional Ferromanganese production. |
| Replacement of fossil carbon by biochar in primary steelmaking process | Initial experiments yielded encouraging results when substituting calcined petroleum coke with biochar. | This development holds considerable promise for decreasing carbon footprints. |
| Air emission reduction | 65% less dust precipitation and 35% less particulate matter (v/s 2019) for the community next to IJmuiden Site (Wijk aan Zee), as part of the first phase of decarbonisation and implementation of the Roadmap Plus programme. | Benchmark status of specific stack dust emission intensity in India by 2030. |
| Unit - tCO2e | Unit | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|---|
| Scope 1 | tCO2e | 23,100,751.00 | 22,106,566.00 | 21,106,566.00 |
| Scope 2 | tCO2e | 1,653,056.00 | 1,061,079.00 | 1,161,079.00 |
| Scope 3 | tCO2e | 8,693,479.00 | 6,967,897.00 | 7,865,811.00 |
| Intensity Metrics | ||||
| Scope 1+2 tCO2e/Cr INR turnover | Scope 1+2 tCO2e/Cr INR turnover | 43.56 | 39.79 | 13.20 |
| Scope 1+2 tCO2e/MT output | Scope 1+2 tCO2e/MT output | 2.25 | 2.11 | 3.21 |
| Scope 3 tCO2e/Cr INR turnover | Scope 3 tCO2e/Cr INR turnover | 69.10 | 52.10 | 46.90 |
| Scope 3 tCO2e/MT output | Scope 3 tCO2e/MT output | 1.25 | 2.45 | 2.22 |
| Air pollutants | ||||
| NOx (MT) | MT | 1.23 | 2.00 | 3.63 |
| SOx (MT) | MT | 0.15 | 0.34 | 0.30 |
| Particulate Matter (MT) | MT | 150.63 | 110.00 | 212.64 |
| Persistent Organic Pollutants (MT) | MT | 1.50 | 0.01 | 0.02 |
| Volatile Organic Compounds (MT) | MT | 0.22 | 0.53 | 0.11 |
| Hazardous Air Pollutants (MT) | MT | 0.01 | 0.00 | 0.78 |
In FY2024-25, LCA coverage is 97%, and the FY2023-24 figure is being revised from 100% to 96% due to expansion of product category scope at PH2 level to include Electrical Steels. For the majority of its products, the company performs life cycle assessment (LCA), proving that improved resource utilization and proper first-time manufacture may lower production emissions. The company part have worked together to conduct a cradle-to-gate life cycle assessment (LCA) of a solar photovoltaic manufacturing facility that the business has commissioned.
For 15 locations in India, the company has created Biodiversity Management Plans (BMPs). Biodiversity sensitivity maps and ecological assessments are used by the company to apply BMPs. The sand lizard and natterjack toad can be found in its IJmuiden site in a variety of habitats, such as wet dune valleys and grasslands rich in herbs. In recognition of its efforts to conserve biodiversity, plant was awarded the Wildlife Trusts' Biodiversity Benchmark in 2025.
Health, nutrition, water, education, livelihoods, infrastructure, sports, disability, grassroots governance, and boosting women's voices in communities are all areas in which the company conducts its CSR programs. Over 33,500 households embraced climate-resilient farming techniques, representing an 80% rise year over year. Nearly 116 million cubic feet of storage capacity and more than 500 public infrastructure projects were developed as a result of water saving measures.
| Initiative Undertaken | Detail | Outcome |
|---|---|---|
| Water harvesting structure | 901 water harvesting structures created | 34,759 lives impacted through water conservation projects |
| Drinking water | 264 drinking water structures created | 704 drinking water structures repaired |
| Rural Development | Solar light installations in 13 villages and 16 hamlets | Provides affordable, zero-carbon energy |
| Unit - ₹ Crores | Unit | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|---|
| CSR Budget | Cr INR | 15.05 | 64.40 | - |