Greaves Cotton Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and National Stock Exchange of India Limited. The report outlines the company's environmental, social, and governance (ESG) performance and includes an assurance statement from an independent provider. The filing was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The report covers the period from April 1, 2025, to March 31, 2026, and includes financial and non-financial information for Greaves Cotton Limited along with its material subsidiaries, Greaves Electric Mobility Limited and Excel Controlinkage Private Limited. The company has set a target to achieve a 13% reduction in Scope 1 and Scope 2 greenhouse gas emissions and a 6% reduction in water consumption by 2030, with a long-term ambition to reach Net Zero by 2070.

Key ESG Initiatives

During the reporting period, the company maintained Zero Liquid Discharge (ZLD) status across all manufacturing facilities. It avoided approximately 31,29,285 kg of CO₂e emissions through the adoption of renewable energy and energy-efficiency initiatives. The company also achieved a Zero Lost Time Injury Frequency Rate (LTIFR) across its operations.

Assurance and Governance

The BRSR has undergone independent assessment. Agile ESG Advisors Private Limited provided reasonable assurance on the BRSR core indicators and limited assurance on other sustainability indicators. The company’s ESG & CSR Committee, chaired by Ms. Kavita Nair, oversees sustainability-related issues.

Financial and Operational Metrics

The company reported that it conducted Human Rights Assessments for suppliers representing approximately 73.37% of procurement spend by value. Additionally, 73% of goods and services were estimated to be sourced sustainably based on due diligence and affirmations from suppliers.

Greaves Cotton Limited has incorporated a wholly owned subsidiary in Dubai, United Arab Emirates, to strengthen its international business and execute its Greaves.Next strategy. Greaves International Trading FZE (GITFZE) was established on June 18, 2026, to serve as a regional hub for trading and distribution across the Middle East and Africa. The move aims to enhance customer proximity, scale global operations, and drive business growth in high-growth markets.

The subsidiary will focus on business development, market expansion, customer engagement, technical support, channel partnerships, aftermarket services, and supply chain coordination. GITFZE will provide access to Greaves Cotton's portfolio, including diesel engines, gensets, and powertrain solutions, across its Energy, Mobility, and Industrial Solutions segments. The company confirmed the incorporation in a regulatory filing on June 30, 2026.

Strategic Focus and Market Expansion

Parag Satpute, MD & Group CEO of Greaves Cotton Limited, highlighted that international business is a key growth driver, with its contribution rising from 9% to 13% in FY26. The establishment of GITFZE marks a significant step in strengthening the company's presence across the Middle East and Africa. It enhances the ability to respond with agility to market needs and deepen customer engagement.

Initially, the subsidiary will target GCC markets such as UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain. There are plans to expand operations into the Levant region and Africa. The UAE's strategic location is expected to enable closer engagement with customers and partners in these regions.

Key Details of Greaves International Trading FZE

This initiative aligns with Greaves Cotton's strategy to scale its global footprint, enhance export capabilities, and build an integrated trading and distribution ecosystem.