
Goodyear India Limited Reports Business Responsibility and Sustainability Performance for FY 2025-26
Goodyear India Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report provides a comprehensive overview of the company's operational footprint, workforce dynamics, and sustainability initiatives within the tire manufacturing and trading sector.Operational Overview and Market Reach
Goodyear India Limited operates primarily in the manufacturing and trading of tires, tubes, and flaps. The company’s business activities are distributed as follows:| Activity Description | % of Turnover |
|---|---|
| Manufacturing of tyres, tube, and flaps | 59.8% |
| Trading of tyres, tubes, and flaps | 40.2% |
The company maintains a national presence with one plant and seven offices across India. While the domestic market remains its primary focus, Goodyear India Limited also serves international markets across more than 10 countries. The export segment contributed Rs. 3,396 lakhs to the total turnover, representing 1.37% of the company's total revenue.
Workforce and Inclusion Metrics
The company reported a total workforce of 1,547 individuals and a total employee count of 496 for the financial year. The workforce is predominantly male, accounting for 95.80% of the total worker population. Regarding inclusion at the leadership level, the Board of Directors consists of six members, with one female representative (16.67%).The reporting period saw a shift in employee turnover rates:
- Permanent Employees: The turnover rate for males rose to 33.3% from 16.9% in FY 2023-24, while the female turnover rate increased from 15.1% to 25.0%.
- Permanent Workers: Turnover for male workers saw a significant decrease from 6.4% in FY 2023-24 to 0.5% in FY 2025-26.
Environmental and Energy Management
Goodyear India Limited has highlighted several initiatives related to decarbonization and energy efficiency. The company reports a significant increase in total electricity consumption from 1,853.18 GJ in FY 2024-25 to 7,082.51 GJ in FY 2025-26.Energy Consumption Metrics:
| Parameter | Units | FY 2025-26 | FY 2024-25 |
|---|---|---|---|
| Total Energy Consumed | GJ | 410,721.59 | 449,194.18 |
| Energy Intensity (per lakh rupee turnover) | - | 1.67 | 1.74 |
| Water Intensity (per lakh rupee turnover) | - | 1.35 | 1.36 |
The company has implemented a Zero Liquid Discharge system at its manufacturing facility, utilizing Effluent Treatment Plants (ETP) and Sewage Treatment Plants (STP) to reuse water for cooling and steam condensation. Additionally, the company reported a significant reduction in Scope 1 GHG emissions from 3,138.63 metric tonnes of CO2 equivalent in FY 2024-25 to 1,041.15 metric tonnes in FY 2025-26.
Waste Management and Circularity
The company reported a total waste generation of 9,976.14 metric tonnes for the financial year. A significant portion of this waste is recovered through recycling processes.| Waste Category | FY 2025-26 (Metric Tonnes) | FY 2024-25 (Metric Tonnes) |
|---|---|---|
| Plastic Waste | 328.82 | 297.22 |
| Other Hazardous Waste | 90.34 | 100.37 |
| Tyre Waste | 1,025.77 | 1,346.25 |
| Biomass Ash | 7,624.04 | 7,203.20 |
| Total Waste | 9,976.14 | 9,962.93 |
Goodyear India Limited successfully recycled 9,951.39 metric tonnes of waste during the period.
Social Responsibility and Grievance Redressal
The company maintains a multi-channel grievance redressal mechanism, including an Integrity Hotline available 24 hours a day for employees and stakeholders. During FY 2025-26, the company recorded:- Customer Complaints: 171 filed during the year with zero pending at year-end.
- Worker Complaints: 13 filed during the year with 2 pending at year-end.
- Other Complaints: 15 received, with 11 pending at year-end.
The company also reported that 100% of permanent employees and workers were covered by health insurance and accident insurance schemes. In terms of wages, the company maintains that all remaining employees and workers receive compensation above the minimum wage standards.
GOODYEAR Stock Price Movement
Goodyear India Limited shares today slipped by 0.34% to settle at ₹815.10 during post-market activity. The stock traded with a volume of 14,122 shares as investors reacted to the day's price action.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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