ESG Journey

Key snapshots of our ESG Journey

Our 10 Year Performance (2012-13 till 2022-23)

Plastic and E-Waste Collection

  • Collected ~ 12,264 mt of
    E-waste and ~ 7,117 mt Plastic waste till date
  • Celebrated International
    E-waste Awareness day to raise awareness among employees

Greenhouse Gas (GHG) Emissions and Energy Intensity

  • ~ 61% reduction in GHG emissions and energy Intensity
  • ~ Mitigation of ~ 10% of all GHG emissions (8.08 Lakh MT) through various sustainable initiatives
  • ~ 100% reduction in FO & LDO fossil fuel
  • ~ 22% reduction in diesel consumption

Trees Plantation

  • Planted more than 18 lakh trees till date and total amount of CO2 sequestration potential of the plantation after 60 years would be 4.3 lakhs tCO2 e. (basis study carried out by Indian Institute of Forest Management Bhopal)

Solar Renewable

  • ~ Installed capacity of 9 MWp
  • ~ 37,964 MW of energy generated till date which has offset ~ 30,371 tCO2 from atmosphere

FY 2022-23 PERFORMANCE


2,139 MWh Energy Saving through 40+ energy saving initiatives



<1.3% Total Hazardous waste to Landfill

Zero Non-Hazardous Waste to Landfill


307 MWh Renewable Energy generated from food waste to biogas plant
9,470 MWh Total Renewable Energy Generation


Roll out of ESG Scorecard to review the Plant ESG Performance


Total 1,711 CO2 e Mt Mitigation in FY 2022-23 through energy saving
Total 7,331 CO2 e Mt Mitigation through solar generated energy in FY 2022-23
Transition to PNG from HSD at the process level (furnace) which will offset ~ 550 MT of CO2
in FY 2023-24


Inaugurated one of biggest brand stores pan India which is being managed and run by 100% female staff at Bhubaneswar

At our newly commissioned plant in Sri City, we are targeting to run the entire operations by 100% female workers


Achieved 100% target to collect and recycle 5,187 MT
E-waste through EPR Programme
Achieved 100% target to collect and recycle 3,617 MT
Plastic waste through EPR Programme

OUR STRUCTURED ESG EFFORTS HAVE BEEN CONSISTENTLY RECOGNISED BY REPUTED ESG RATING AGENCIES

We have been consistently ranked in the top 10 companies in the electrical equipment sector

DJSI Rating Y-O-Y

DJSI ESG Rating

CRISIL

ESG Score

64

CRISIL has rated “Havells” highest in its sector in the recently published Yearbook

FTSE4Good (Global)

The FTSE4Good Index Series identifies companies that demonstrate strong environmental, social and governance practices measured against globally recognised standards

MSCI (Global):
Our Rating has improved to A

MSCI ESG RATING

A

ESG Rating history

Sustainalytics (Global)

ESG Goals Roadmap