Climate Change Data

Exide Technologies

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:144,917 tCO2e (FY24)
Scope 1 Emissions:46,531 tCO2e (FY24)
Scope 2 Emissions:108,386 tCO2e (FY24)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:26% (FY24)
Total Energy Consumption:565,241 MWh (FY24)
Water Consumption:2,188,197 m3 (FY24)
Waste Generated:44,546 tons (FY24)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Pollution
  • Resource Usage
  • Safe and Stable Workplace
  • Inclusive and Skilled Workforce
  • Healthy Value Chain
  • Healthy Business

Environmental Achievements

  • 13% reduction in Scope 1 emissions from FY22 baseline
  • 19% reduction in Scope 2 emissions from FY22 baseline
  • 12% reduction in energy usage from FY22 baseline
  • Recovered 96,066 tons of lead from batteries in FY24

Social Achievements

  • Launched global Health & Wellbeing Program
  • Frontline Supervisor Program awarded Brandon Hall Award 2023
  • Forbes recognized Exide Spain as one of the best 100 companies to work for in Spain for five consecutive years
  • Adopted a Global Human Rights and Social Responsibility Commitment Statement

Governance Achievements

  • Established a Sustainability Committee in March 2023
  • Implemented a Sustainable Purchasing Policy
  • Achieved a Silver Sustainability Rating Medal from EcoVadis in 2023

Climate Goals & Targets

Long-term Goals:
  • Climate neutrality by 2050
Medium-term Goals:
  • Achieve 30% reduction in Scope 1 and Scope 2 emissions by 2030 (FY22 baseline)
  • Achieve 20% renewable energy consumption by 2030
  • Improve employee satisfaction to 80% by end of FY28
  • Development plans for 100% of salaried employees by end of FY28
Short-term Goals:
  • Improve employee satisfaction to 75% by end of FY26
  • Developments plans for 80% of salaried employees by end of FY26
  • Enhance supplier evaluation process by end of FY25
  • Implement action plans to improve compliance with lead in blood standards in value chain by end of FY26

Environmental Challenges

  • Increased Scope 1 emissions in FY24 due to increased production
  • Need to reduce lead and sulfate emissions
  • Managing water consumption (over 2 million m3 used in FY24)
  • Managing hazardous waste (38,393 tons in FY24)
Mitigation Strategies
  • Developing a comprehensive Pollution Management Policy (to be implemented by end of FY26)
  • Developing a Global Circular Economy Policy
  • Developing a standard for sustainable product design (to be finalized by end of FY26)
  • Establishing a task force to create circularity maps for Exide plants
  • Prioritizing Life Cycle Assessments for selected products
  • Increasing utilization of secondary lead
  • Implementing a carbon pricing scheme

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • ESG supplier self-assessment questionnaire
  • Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Droughts, floods, storms, and heat waves
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: CSRD, ESRS

Certifications: ISO 9001, ISO 14001, ISO 50001, IATF 16949, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • 12V batteries for electric vehicles
  • High-quality traction batteries
  • Chargers
  • Smart customized energy storage solutions
  • Advanced stationary energy storage solutions

Awards & Recognition

  • Brandon Hall Award 2023 (Frontline Supervisor Program)
  • EcoVadis Silver Sustainability Rating Medal (2023)