Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Efficiency
• Water Stewardship
• Waste Management
• Green Innovation
• Circular Economy
• Human Rights
• Employee Health & Safety
• Community Relations
• Supplier Relationship Management
• Product & Process Quality
• Board Structure and Management
• Risk Management
• Tax Transparency
• Labor Practices, Employee Engagement and Diversity & Inclusion
• Customer Relationship Management
• Climate Change Strategy

Environmental Achievements

• Increased renewable energy (solar) consumption from 1% (FY 2018-19) to 18% (FY 2021-22) of total energy consumption.
• 8.4% reduction in water intensity per rupee of turnover in FY 2021-22.
• Increased share of treated water to 23% in FY 2021-22.
• 45% of lead requirement met through recycled lead from Chloride Metals Limited (CML).

Social Achievements

• Launched ‘You Did It’ and ‘Win It Now’ platforms to recognize and reward employees.
• Provided 31,250+ hours of training.
• 2.15 Lakh+ people benefitted through CSR initiatives.
• Implemented Exide Leadership Behaviours (ELBs) focused on eight leadership behaviours.

Governance Achievements

• Separated the position of Chairman and CEO for more than a decade.
• Board remuneration less than 2% of profits.
• Nearly 60% of Executive Directors' remuneration linked to performance.
• Attendance at board meetings more than 95%.

Climate Goals & Targets

Environmental Challenges

• Increased Scope 1 and Scope 2 emissions due to higher production volume.
• Increased water consumption due to increased production volume.

Mitigation Strategies

• Improved operational efficiency to reduce emissions per rupee of turnover.
• Implementing water recycling and reuse measures.
• Energy management cell to drive energy-efficiency activities.
• Planned increase in solar energy generation by 35%.

Supply Chain Management

Responsible Procurement

• Supplier code of conduct
• Supplier evaluation audits
• Risk-based due diligence analysis

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, National Voluntary Guidelines, UN Sustainable Development Goals (UNSDGs)

Certifications: ISO 45001, ISO 14001, ISO 9001, IATF 16949, ISO/IEC 17025, ISO 27001

Sustainable Products & Innovation

• Exide Integra Batteries (Lithium Ion)
• Exide Mileage ISS Batteries
• SF Pro Tubular Batteries
• Rooftop Solar Systems

Awards & Recognition

• CII Trophy for the Most Significant Improvement in TQM
• Par Excellence Award at the Quality Circle Forum of India’s National Convention
• Ranked among India’s Top 40 Sustainable Companies by Businessworld magazine
• Excellence in Energy Management Award by CII

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced waste to landfill from 4,412 MT in FY 2022-23 to 1,977 MT in FY 2023-24 (55% reduction)
• Lowered waste generated per unit of output from 4.14 in FY 2022-23 to 3.77 in FY 2023-24 (9.0% reduction)
• 20% renewable energy share in FY 2023-24 (19% in FY 2022-23)
• Scope 1 + Scope 2 emissions per unit of output lowered to 25.69 in FY 2023-24 from 26.40 in FY 2022-23
• Scope 3 emissions per unit of output reduced to 63.52 in FY 2023-24 from 70.15 in FY 2022-23 (9.4% reduction)
• Used 75.0% recycled lead/lead alloys and 5.6% recycled plastic as raw materials in FY 2023-24

Social Achievements

• Provided more than 2.75 lakh man-hours of training to employees and workers in FY 2023-24
• Nearly 3.1 lakh people benefited through CSR initiatives in FY 2023-24 (80% from marginal and vulnerable sections)
• Increase in permanent female employees from 4.29% in FY 2022-23 to 4.61% in FY 2023-24
• Increase in the number of disabled workers from 10 in FY 2022-23 to 25 in FY 2023-24
• 87.2% UCUA closure rate in FY 2023-24
• Exide employees collectively dedicated over 12,000 man-hours to volunteering activities

Governance Achievements

• 84% of employees completed Code of Conduct training
• ISO 31000 certification on Risk Management practices
• ISO 27001 certification for cybersecurity
• Implemented an effective risk management system

Climate Goals & Targets

Environmental Challenges

• Geopolitical uncertainties
• Sustainability risks
• Liquidity risks
• Commodity risks (high raw material costs)
• Cybersecurity risks
• Technology risks (market disruption)
• Supply chain disruptions

Mitigation Strategies

• Diversification of production facilities and customer base
• Establishment of a resilient supply chain
• Regular monitoring of exogenous factors
• Implementing targeted solutions to reduce carbon emissions
• Optimizing resource consumption
• Increasing share of renewable energy
• Focus on generating operational cash flow
• Diversifying sourcing to improve flexibility
• Adopting a calibrated price increase strategy
• Round-the-clock monitoring of security posture
• Continuous security awareness campaigns and training programs
• Regular engagement and strategic relationship with technology partners
• Proactive monitoring of OEMs, regulators’ requirements, and customer feedback
• Investing in a multi-gigawatt lithium-ion cell manufacturing plant

Supply Chain Management

Responsible Procurement

• Code of conduct
• Supplier sustainability requirements
• 26% of raw material procurement from MSMEs

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, National Voluntary Guidelines, UN Sustainable Development Goals

Certifications: ISO 14001, ISO 50001, ISO 45001, ISO 27001, ISO 31000, NABL

Sustainable Products & Innovation

• ISS batteries
• EFB batteries
• AGM VRLA batteries
• ERK batteries
• Solar Roof-top Solutions
• Home-UPS batteries

Awards & Recognition

• Bajaj Gold Consistent Quality Award
• Best Corporate in Medium Corporate Category at the 8th ICSI CSR Excellence Awards 2023
• Special Jury award at the 2nd Social Leadership Awards 2023