HEG FY26 BRSR: GHG intensity falls 12%, targets zero waste
HEG Limited reduced its GHG emissions intensity by 12% in FY 2025-26 compared to the FY 2023-24 baseline, while maintaining 100% Zero Liquid Discharge status. The company is targeting zero waste to landfill and a 25% renewable energy share by 2030, having already reduced landfill waste by 58%.
*this image is generated using AI for illustrative purposes only.
HEG Limited reported a 12% reduction in greenhouse gas (GHG) emissions intensity in FY 2025-26 compared to the FY 2023-24 baseline, as per its Business Responsibility and Sustainability Report. The company maintained 100% Zero Liquid Discharge (ZLD) status across all operational sites during the year. HEG has set a target to achieve zero waste to landfill by 2030 and aims to increase the share of renewable energy to 25% of total energy consumption by the same year.
Environmental Performance
The company operates a 3 MW solar power plant that generated 24,98,570 kWh of electricity during the year and is commissioning an additional 2.4 MW capacity. Waste directed to landfill was reduced by 58% in FY 2025-26 compared to the FY 2023-24 baseline. HEG has implemented a comprehensive decarbonization strategy, including the evaluation of hydrogen blending with natural gas and the deployment of electric vehicles for internal mobility. The company has also approved a capital expenditure of ₹5 Crore to convert select furnace oil-based systems to natural gas, with implementation planned in FY 2026-27.
Social and Governance Highlights
HEG achieved zero workplace harm incidents during FY 2025-26. Women constituted 22% of the workforce in non-shop floor roles, significantly exceeding the 10% target set for FY 2027-28. The company conducted annual employee satisfaction surveys and ensured 100% compliance with statutory CSR obligations. On the governance front, HEG maintained Board composition in full compliance with SEBI (LODR) Regulations and recorded zero instances of reportable information security breaches.
ESG Targets and Progress
The company has established specific commitments to drive sustainable value creation. Key targets include reducing Scope 1 & 2 GHG emissions intensity by 25% by FY 2030 and achieving zero waste to landfill across all manufacturing locations by 2030. HEG is also in the process of getting its emission reduction targets validated by the Science-Based Target initiative (SBTi). The company assessed 82.2% of its upstream value chain partners on ESG parameters during the year.
| Metric | FY 2025-26 Status | Target | Baseline |
|---|---|---|---|
| GHG Emissions Intensity | Reduced by 12% | -25% by FY 2030 | FY 2023-24 |
| Waste to Landfill | Reduced by 58% | Zero by 2030 | FY 2023-24 |
| Renewable Energy Share | Implementation in progress | 25% by 2030 | FY 2023-24 |
| Women in Non-Shop Floor Roles | 22% | 10% by FY 2027-28 | FY 2023-24 |
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE545A01024/ee00258a1dad4761.pdf
Historical Stock Returns for HEG
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.45% | +6.67% | +12.40% | +10.31% | +12.18% | +37.00% |
How will the planned ₹5 Crore capital expenditure for natural gas conversion impact HEG's operational costs and margins in FY 2026-27?
What is the expected timeline for receiving validation from the Science Based Targets initiative (SBTi) for the company's emission reduction goals?
Will the success of the hydrogen blending evaluation lead to wider adoption across other manufacturing sites in the future?
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