Borosil Renewables reports strong ESG performance, growth in FY 2024-25

Borosil Renewables Limited reported a robust performance in its Business Responsibility and Sustainability Report for FY 2024-25, highlighting substantial progress across its ESG initiatives. The company achieved a 6.75% reduction in Scope 1+2 emissions and a 30.40% reduction in water consumption. Additionally, 28% of its total energy was sourced from renewable sources, with plans to increase this to 65% by September 2025 through new wind-solar hybrid plants.

The company demonstrated strong social responsibility with a 1.91% increase in gender diversity and 76% of workers undergoing annual health assessments. Grievance redressal mechanisms for shareholders and customers saw all pending complaints resolved in FY 2024-25. The company also maintained 100% coverage for health and safety practices and working conditions assessments.

Financially, the company's turnover for FY 2024-25 stood at INR 1,10,993.63 lakhs, with exports contributing 7.85% (INR 8,712.99 lakhs). Paid-up capital was INR 13,24,66,748, and net worth reached INR 1,11,760.61 lakhs. The company's commitment to sustainable practices is further evidenced by a zero-waste solar glass manufacturing process, fully utilizing broken or waste glass.