BHEL targets Net Zero by 2047, cuts emission intensity
Bharat Heavy Electricals Limited released its Business Responsibility and Sustainability Report for FY 2025-26, targeting Net Zero by 2047. The company reduced emission intensity by 15.40%, increased solar capacity to 43 MWp, and achieved zero liquid discharge at 11 units.

*this image is generated using AI for illustrative purposes only.
Bharat Heavy Electricals Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, outlining its commitment to achieving Net Zero by 2047 through the HARIT BHEL initiative. The report details the company's environmental performance, social impact, and governance frameworks, highlighting significant progress in emission reduction and renewable energy adoption.
Environmental Performance
The company reduced its emission intensity by approximately 15.40% during the year. It expanded its captive solar capacity to approximately 43 MWp, generating approximately 44 million units of electricity, an increase of approximately 12% year-on-year. This solar capacity contributed to the avoidance of 31,308 MT of carbon emissions. BHEL planted over 44,000 saplings and secured GreenCo certification for four additional manufacturing units, bringing the total to twelve certified units over the last three years.
Energy and Water Management
Total energy consumption for FY 2025-26 stood at 2,814,172 Giga Joules, comprising 158,747 Giga Joules from renewable sources and 2,655,425 Giga Joules from non-renewable sources. The energy intensity per rupee of turnover improved to 8.33 kilo Joule from 9.24 in the previous year. Total water withdrawal reached 10,164,006 kilolitres, with water intensity per rupee of turnover recorded at 0.030029 litres. The company achieved zero liquid discharge status at 11 of its manufacturing units, ensuring no effluent is released outside premises.
Social and Governance Metrics
BHEL's workforce comprised 50,024 employees and 35,081 workers as of March 31, 2026. The company spent ₹1,904.3 Crore on employee well-being measures, representing 0.56% of total revenue. It reported 2 worker fatalities and 42 recordable injuries during the year. The company maintained 100% compliance with assessed health and safety practices. On the governance front, BHEL confirmed it had no fines or penalties imposed by regulators during the financial year.
Financial and Operational Context
The report notes that exports contributed approximately 1.35% to the total turnover. The company's material issues include opportunities in energy management and sustainable products, alongside risks related to skilled manpower and climate change. BHEL's credit ratings were upgraded during the year, with CRISIL assigning a stable outlook and India Ratings a positive outlook.
Historical Stock Returns for Bharat Heavy Electricals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.48% | +11.02% | +9.17% | +56.27% | +62.41% | +534.70% |
How will BHEL balance the capital expenditure required to meet its 2047 Net Zero target with current operational demands?
What specific strategies will BHEL implement to significantly increase the export contribution beyond the current 1.35% of turnover?
How does the company plan to address the identified risk of skilled manpower shortages as it transitions to greener technologies?































