Welspun Corp reports Scope 1 and 2 emissions of 18,25,740 tonnes in FY26
Welspun Corp Limited filed its Business Responsibility and Sustainability Report for FY26, reporting total Scope 1 and 2 emissions of 18,25,740 metric tonnes CO2e. The company achieved a water intensity of 0.40 KL per metric tonne and recycled over 90% of waste, while targeting carbon neutrality by 2040.
*this image is generated using AI for illustrative purposes only.
Welspun Corp Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, disclosing an environmental footprint that includes total Scope 1 and 2 emissions of 18,25,740 metric tonnes of CO2 equivalent. The company reported a turnover of ₹8,299.37 crore and a net worth of ₹5,154.23 crore for the period. Intertek India Private Limited provided reasonable assurance for the core disclosures presented in the integrated annual report.
The company’s energy consumption for FY26 totaled 1,84,85,120 GJ, with energy intensity recorded at 2,227 GJ per ₹ crore of turnover. Water consumption stood at 14,77,443 kilolitres, achieving a water intensity of 0.40 KL per metric tonne of total goods produced. Welspun Corp reported that more than 90% of the waste generated was recycled, reused, or co-processed, avoiding disposal to landfill sites.
Environmental Performance
Welspun Corp identified climate change and energy as material risks, setting a target to achieve carbon neutrality by 2040. The company invested in renewable energy, commissioning a 3.5 MW rooftop solar plant at its Bhopal facility and a 1.19 MW plant at the Mandya facility during the year. It also invested in a Special Purpose Vehicle to secure 42 MW of round-the-clock renewable energy supply.
| Parameter | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Scope 1 Emissions (MT CO2e) | 14,91,065 | 17,02,995 |
| Total Scope 2 Emissions (MT CO2e) | 3,34,675 | 2,65,425 |
| Total Energy Consumed (GJ) | 1,84,85,120 | 1,78,92,903 |
| Total Water Consumption (KL) | 14,77,443 | 16,16,271 |
| Total Waste Generated (MT) | 3,37,615 | 3,36,069 |
Social and Governance Metrics
The company reported a workforce of 4,174 individuals, comprising 1,250 employees and 2,924 workers. Women represented 10% of the total employees and 2% of the total workers. The Board of Directors included one female member out of ten. Welspun Corp stated that 100% of permanent employees and workers were covered by health and accident insurance.
Regarding governance, the report confirmed that there were no fines, penalties, or settlements paid to regulators during the financial year. The company also reported zero complaints related to sexual harassment, discrimination, child labour, or forced labour. The Board’s ESG Committee reviews progress on a quarterly basis.
Assurance and Compliance
Intertek India Private Limited conducted an independent reasonable assurance engagement in accordance with ISAE 3000 (Revised). The assurance covered select sustainability performance disclosures, including GHG emissions, water consumption, and waste management. The verification team concluded that the sustainability data and information were fairly presented in all material aspects as per the reporting guidelines.
Historical Stock Returns for Welspun Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.25% | +2.17% | +9.20% | +92.30% | +67.33% | +1,007.32% |
What specific capital expenditure strategies will Welspun Corp employ to bridge the gap between current emissions and the 2040 carbon neutrality target?
How will the recent increase in Scope 2 emissions impact the company's ability to secure green financing or favorable ESG ratings in the coming year?
Given the low percentage of women in the workforce and on the Board, what concrete diversity and inclusion initiatives are planned for FY27?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
