Vaibhav Global Limited releases ESG Report for FY 2025-26, highlights sustainability and social impact initiatives

Vaibhav Global Limited releases ESG Report for FY 2025-26, highlights sustainability and social impact initiatives

Vaibhav Global Limited releases ESG Report for FY 2025-26, highlights sustainability and social impact initiatives​

Vaibhav Global Limited (VGL) has released its Environmental, Social and Governance (ESG) Report for the Financial Year 2025-26, themed "Sustaining Value. Strengthening Futures." The report details significant advancements across environmental stewardship, community enrichment, and robust corporate governance.

The company formalized its commitment to the Science Based Targets initiative (SBTi), focusing on embedding sustainability into its operations. VGL is committed to achieving Net Zero by 2050, with near-term targets set for a 60% absolute emission reduction in Scope 1 & 2 emissions by 2035 and a 70% reduction in Scope 3 emissions per unit of value added by the same deadline.

Environmental Stewardship and Climate Action​

VGL demonstrated substantial progress in its environmental commitments across manufacturing, procurement, and operations. The company has achieved an 81.6% renewable energy share in total energy consumption (based on 2,05,31,143 MJ). A key part of this effort is the commitment to decarbonization, which includes expanding solar capacity and promoting sustainable commute methods.

Key environmental metrics for FY 2025-26 include:

MetricFY25 Baseline (Metric ton)FY26 Performance (Metric ton)Reduction %
Scope 1 - Direct Emissions274.07191.4830%
Scope 2 - Energy Emissions1,091.001,029.006%
Scope 1 + 2 Combined*1,3651,220.4810.6%

VGL has also focused heavily on water and waste management. The company aims for a water-positive approach, committed to refilling more water than it uses. Initiatives such as commissioning a Sewage Treatment Plant (STP) for grey water recycling and installing low-flow taps contributed to an 11.6% reduction in water withdrawal compared to FY25.

In waste management, the company reported a 29% year-over-year reduction in total waste generated, reducing it from 2.48 MT in FY25 to 1.75 MT in FY26. Furthermore, VGL disposed of 3,850 Kg of e-waste and 2,000 Kg of plastic waste cumulatively through government approved recyclers till date.

Social Impact and Community Focus​

The company's social agenda is centered around the flagship mid-day meal programme, 'your Purchase Feeds …'. This initiative aims to nourish underprivileged school children by donating one healthy meal for every purchase made. In FY26, VGL distributed 12.35 million meals in total across different regions.

The breakdown of meals provided in FY26 is as follows:

RegionMeals Distributed (FY26)
United States5.6 Million
United Kingdom4.2 Million
Germany and Austria1.5 Million

Beyond customer impact, VGL prioritizes employee welfare. The company is committed to the principles of Humanocracy and offers comprehensive support systems, including a dedicated Mentorship Policy and Career Pathing opportunities for employees. The organization also recorded significant training progress, completing 52,966 hours of training across its workforce.

Governance and Corporate Recognition​

VGL received a Combined ESG Rating of 74 (Strong) from ICRA, recognizing the company's commitment to responsible growth. The company was awarded the Certificate of Recognition for CSR Excellence from the Institute of Company Secretaries of India. Furthermore, VGL is certified as a Great Place to Work® in multiple countries including the US, UK, China, and Germany.

The Board structure features a commitment to independent oversight, with 37.5% of the board comprising Independent Directors and two women Directors. The company maintains various specialized committees, including the Risk Management Committee, Nomination, Remuneration & Compensation Committee, and Audit Committee.

VGL has also established robust frameworks for sustainable sourcing through its Suppliers Code of Conduct. This code encourages suppliers to adopt ethical practices and aligns them with responsible resource management, supported by an integrated online ESG platform that captures real-time sustainability data from key partners.

VAIBHAVGBL Stock Price Movement​

Shares of Vaibhav Global Limited slipped in the market, settling at ₹255.88 today after shedding 2.20% of its value. The equity traded within a tight range, with the day’s low recorded at ₹254.1.
 

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