Automotive Axles Ltd 2020 AR2
The report highlights Automotive Axles Limited's performance and sustainability initiatives for the fiscal year 2019-20. During the year, the company inaugurated a new state-of-the-art assembly line featuring robotic painting and IoT-enabled processes to align with Industry 4.0. Despite a challenging automotive market, the company successfully transitioned to BS-VI compliant products. On the environmental front, the company achieved a 30% reduction in carbon emissions through renewable energy usage and planted over 1,000 saplings. Additionally, the company spent INR 25.26 million on corporate social responsibility initiatives, including lake renovation and COVID-19 relief contributions.
Company: Automotive Axles Ltd
Sector: Manufacturing
Country: India
Year: 2020
Type: AR2
Pages: 141
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Automotive Axles Ltd
Annual Report
The report highlights Automotive Axles Limited's performance and sustainability initiatives for the fiscal year 2019-20. During the year, the company inaugurated a new state-of-the-art assembly line featuring robotic painting and IoT-enabled processes to align with Industry 4.0. Despite a challenging automotive market, the company successfully transitioned to BS-VI compliant products. On the environmental front, the company achieved a 30% reduction in carbon emissions through renewable energy usage and planted over 1,000 saplings. Additionally, the company spent INR 25.26 million on corporate social responsibility initiatives, including lake renovation and COVID-19 relief contributions.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees