Vaibhav Global Details Sustainable Initiatives, Reaches 99% Export Turnover in Fashion Jewellery Sector

Vaibhav Global Details Sustainable Initiatives, Reaches 99% Export Turnover in Fashion Jewellery Sector​

Vaibhav Global Limited, a prominent manufacturer and exporter of fashion jewellery since 1989, has detailed its business responsibility and sustainability efforts for the financial year 2025-26. The company highlighted significant milestones in its environmental goals, social commitments through its 'your purchase feeds…' program, and operational excellence across its facilities located primarily in Jaipur.

The report underscores VGL’s strong operational focus, noting that exports account for 99% of the entity's total turnover. The company maintains three plants and three offices nationally, with a dedicated manufacturing presence designed to ensure operational efficiency while mitigating climate-related risks.

Business Profile and Operational Scope​

As a major player in the fashion jewellery market, VGL focuses on manufacturing and exporting fashion jewellery and related articles. Its products encompass Fashion Jewellery and Gemstones, which contribute 91% of the entity's turnover. The company serves both national markets within two states/union territories and an international clientele across 21 countries.

The organization holds a paid-up capital of ₹ 33,41,35,296. VGL’s workforce is substantial, totaling 1,322 employees and 1,179 workers as of the financial year end. Of the total employees, 229 are female, while among the board of directors, two members represent women (25.00%).

Commitment to ESG and Sustainability​

Vaibhav Global Limited has placed a high emphasis on embedding sustainability into its core business processes. The company is working toward measurable goals related to climate action by committing to SBTi-Aligning their carbon reduction strategy with the 1.5°C pathway under the Paris Agreement.

Socially, VGL achieved a major milestone in its 'your purchase feeds…' program, donating over 112 million meals to underprivileged children. This effort maintains an average of 56,000 meals served per school day, positioning the company on track to reach its goal of one million meals per school day by FY40.

Operational efforts toward environmental protection include transitioning to renewable energy sources, implementing a Building Management System (BMS) at manufacturing sites for enhanced efficiency, and conducting afforestation using the Miyawaki technique. For employee commuting, the company utilizes electric bikes, contributing to reduced emissions.

Key metrics related to operational health and safety show a proactive approach:

• The entity reports zero Lost Time Injury Frequency Rate (LTIFR) for employees in FY 2025-26.
• Workers reported 8 recordable work-related injuries in the same period, down from 5 in FY 2024-25.

Workforce and Ethical Practices​

The company maintains a zero tolerance policy toward corruption and bribery. All employees are required to adhere to the Anti-Bribery Policy, ensuring ethical business practices throughout its operations. The HR department ensures continuous training on policies including Code of Conduct, Human Rights, Anti-Bribery, and Prevention of Sexual Harassment (POSH).

VGL’s commitment to promoting inclusive growth is reflected in the sourcing practices. For FY 2025-26, 22.3% of purchases were directly sourced from MSMEs or small producers, while 63.9% were sourced directly from within India. Furthermore, all plants and offices underwent internal assessments regarding health and safety practices during the reporting year.

Environmental Stewardship and Emissions​

The company has implemented robust systems for waste management, operating under a ‘4R Policy’ (Reduce, Reuse, Recycle, and Reclaim) to minimize environmental impact. Waste intensity of 0.00 was recorded for both FY 2025-26 and FY 2024-25.

In terms of climate metrics:

• Total Scope 1 emissions were 172 Metric tonnes of CO2 equivalent in FY 2025-26, down from 269 MT in the previous year.
• Total Scope 2 emissions stood at 685 MT in FY 2025-26.

VGL’s operations are also focused on water stewardship and resource conservation. The company has adopted Zero Liquid Discharge (ZLD) practices, utilizing dedicated Effluent Treatment Plants (ETPs) and Sewage Treatment Plants (STPs). Furthermore, it maintains a combined rainwater harvesting capacity of 6,100 KL across its facilities.

Key Data Highlights​

The company is affiliated with six national industries and chambers, including the Gem & Jewellery Export Promotion Council and the Federation of Indian Export Organization.

VAIBHAVGBL Stock Price Movement​

Shares of Vaibhav Global Limited slipped by 2.20% in post-market trading today, settling at ₹255.88 after shedding ₹5.76 from its previous close. The stock witnessed significant intraday movement, hitting a low of ₹254.10 and seeing a total traded volume of 391,880 shares.