Man Industries details FY25 business responsibility and sustainability performance

Man Industries (India) Ltd. filed its Business Responsibility and Sustainability Report for the fiscal year 2024-25, highlighting its commitment to sustainable practices. The company reported a total turnover of INR 311,821.77 Lakhs and a net worth of INR 141,882.72 Lakhs. The report indicates 100% of the entity's turnover is from manufacturing metal and metal products, specifically LSAW pipes, spirally welded pipes, and coating systems. The company operates two national plants and two national offices, alongside one international office, serving 16-17 states across India and over 20 countries internationally. Exports contributed 57.32% to the total turnover.

The workforce data for FY 2024-25 shows 576 permanent and other than permanent employees, with 97% male representation, and 1,494 permanent and other than permanent workers, with 100% male representation. Notably, 3 differently-abled employees and 9 differently-abled workers were reported. The company conducted various training and awareness programs, covering 70% of Board of Directors, 100% of Key Managerial Personnel, 80% of employees, and 63% of workers on principles like POSH and Insider Trading.

In environmental performance, Man Industries reported a total water withdrawal and consumption of 73,600 kilolitres in FY 2024-25. Total Scope 1 GHG emissions were 175,061.88 tCO2e, and Scope 2 emissions were 21,442.89 tCO2e. The company also detailed waste management, reporting 1,331.1 metric tonnes of total waste generated, with 28.12 metric tonnes recovered through recycling or reuse. The company emphasized its Zero Liquid Discharge mechanism and projects to reduce GHG emissions, including a solar power plant installation.