Race EcoChain Update: Sustainability focus, FY22-23 vs. FY24-25 performance.

Race EcoChain Ltd. (BSE:RACE) reported on its Business Responsibility and Sustainability efforts for FY 2024-25, with a turnover of INR 460.30 CR and a net worth of INR 71.20 CR. The company's primary business activities include PET Waste Plastics trading (94% of turnover), Briquettes trading (4.06%), and manufacturing of home furnishings, made-ups, and bags (1.94%). All disclosures in the report are made on a standalone basis, without external assurance.

The report details Race EcoChain's focus on sustainable sourcing, outlining a process for collecting and segregating PET bottles. For FY 2024-25, the company collected 97,736 Metric Tonnes of plastic. It also introduced electric vehicles to reduce green-house gas emissions in its operations. As of FY 2024-25, Race EcoChain has 61 permanent employees, with male employees making up 82% and female employees 18%. Total Scope 1 emissions were 12.60 tCO2, and Scope 2 emissions were 107.50 tCO2.