Greenlam Industries Details Sustainability Performance, Targets Net Zero by 2030

<h1>Greenlam Industries Details Sustainability Performance, Targets Net Zero by 2030</h1>

Greenlam Industries Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-26, outlining operational scale, core business activities, and commitment to environmental and social stewardship. The company reported significant achievements in sustainable resource management, energy efficiency, and waste reduction across its manufacturing operations.

The report provides a detailed overview of Greenlam’s business structure and market penetration. With a paid up capital of H 25.51 crores, the company operates 5 plants and 23 offices nationally, serving markets in over 120 countries internationally. Its core business activity is manufacturing wood and wood products, which constitutes 100% of its turnover.

The entity’s product portfolio includes Laminates and Allied Products (79.9%), Plywood and Allied Products (13.1%), and Panel and Allied Products (7.0%). A key indicator of market reach, the company reports that export contributes 43.8% to its total turnover.

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Business Segments Snapshot

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Sustainability Highlights: Environment and Resource Management

Greenlam has set a clear goal to achieve Net Zero for Scope 1 and Scope 2 GHG emissions across its manufacturing operations by 2030. The company significantly scaled up renewable electricity sourcing during the reporting year, increasing its capacity from 1 MW to 11 MW through long term clean energy arrangements.

In terms of resource management, nearly 92% of timber procured for Plywood and Chipboard production is sourced through agroforestry. Furthermore, approximately 60% of the paper consumed in laminate manufacturing is derived from sustainable raw materials. The company has also implemented rigorous water stewardship efforts, including rainwater harvesting infrastructure and increased reuse of recycled water.

Addressing waste management, Greenlam reported a total generation of 46866.7 metric tonnes of waste for FY 2025-26 (against 23144.0 in FY 2024-25). The company demonstrated highly efficient resource recovery, with 46575.7 metric tonnes being recovered through recycling, re using and other recovery operations.

The entity has adopted a Zero Liquid Discharge principle at all its facilities, utilizing Sewage Treatment Plants (STP) and Effluent Treatment Plants (ETP). Cooling tower blowdown is treated via Dual Media Filtration (DMF) and Reverse Osmosis (RO), forming a closed loop system.

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Environmental and Occupational Health and Safety (OHS)

The company’s management has integrated sustainability into its core business strategy, overseen by a three tier ESG structure culminating in the Risk Management & ESG Committee of the Board of Directors. The Chief Financial Officer acts as the Business Responsibility Head.

Focusing on environmental impact, the energy intensity per rupee of turnover stood at 63.8 kJ/Rupee for FY 2025-26.

Operations maintained strict focus on safety and compliance, with OHS management based on ISO 45001 covering all manufacturing plants. Key initiatives included installing advanced machine guarding systems across rotating parts and enhancing hazard identification processes through regular safety walks and toolbox talks. Safety incident rates remain low, recording a Lost Time Injury Frequency Rate (LTIFR) of 0.37 for employees in FY 2025-26.

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Social Responsibility and Governance

Greenlam is committed to stakeholder engagement and human rights protection. The company maintains policies ensuring integrity, transparency, and accountability, including a Code of Business Ethics and Conduct (COBEC) that covers all employees and value chain partners.

The entity reported grievances received from stakeholders:


Regarding employee welfare, the company ensures that grievances are addressed through established mechanisms outlined in its COBEC. The report details significant commitments to employee development, noting a completion rate of 100% for career development reviews for permanent employees and permanent workers during FY 2025-26.

The company also affirmed operational resilience by establishing a comprehensive Business Continuity Plan (BCP) that covers all manufacturing plants and corporate offices, focusing on risk assessment and impact analysis across critical functions like IT and Procurement.

GREENLAM Stock Price Movement​

Shares of Greenlam Industries Limited closed lower today, shedding 1.25% and settling at ₹259.05. The equity saw a trading volume of 52,305 shares as the market concluded for the day.