Greaves Cotton Limited — Important, 04-07-2025: Updates
Greaves Cotton has intensified its sustainability drive, achieving zero lost time injury frequency rate (LTIFR) and implementing 100% Zero Liquid Discharge at key plants. Renewable energy initiatives include a fourth solar plant at Aurangabad generating ~5.1 million units annually. The company conducted extensive human rights due diligence across manufacturing sites and suppliers, covering 50% of supplier value and 100% of contractors. Investments in R&D focus 83% on environmentally and socially impactful technologies. It sources ~50% of inputs sustainably and enforces strict ESG compliance through its Supplier Code of Conduct. Employee well-being, diversity, and safety remain priorities with comprehensive policies and grievance redressal mechanisms in place. Exports contribute 10% to turnover, with a wide customer base across automotive and industrial sectors.
