Exide Industries focuses on energy-efficient battery solutions, reducing environmental impact

Exide Industries has made notable strides in integrating sustainability across its operations. The company’s overall rank reflects strong environmental, social and governance performance. Exide is focused on reducing emissions on the environmental front, having reported comprehensive data on Scope 1, 2 and 3 emissions. The company has set clear emissions targets and has made significant progress with renewable energy usage, consistently improving its renewable energy trend. Additionally, its waste management and water intensity metrics demonstrate its commitment to resource efficiency, with top-tier scores in waste disposal practices and freshwater use.

Socially, Exide places great importance on employee welfare, offering skill upgradation programs and strong occupational health initiatives. The company has a grievance redressal mechanism and actively supports minimum wage compliance, while its CSR activities align with its commitment to community development. In governance, Exide scores for its materiality assessment, risk management and sustainability strategy, with a dedicated sustainability committee guiding its efforts. The company also emphasises ethical business practices, implementing a Supplier Code of Conduct and conducting supplier assessments to ensure compliance with health, safety and human rights standards.