Sterling Tools Ltd. 2024 AR2
The report highlights Sterling Tools Limited's financial and operational performance for the fiscal year 2023-24, emphasizing its transition toward electric mobility solutions. The company's subsidiary, Sterling Gtake E-Mobility Limited (SGEM), achieved 86% growth, contributing 35% to consolidated revenue as a leading manufacturer of Motor Control Units (MCUs) in India. On the environmental front, the company expanded its renewable energy capacity with a new 700 kWp rooftop solar plant at its Prithla facility, bringing total solar capacity to 1.6 MW. Additionally, the company calculated its Scope 1 and Scope 2 greenhouse gas emissions and implemented energy-efficiency measures, such as retrofitting generators with dual-fuel kits and transitioning to 100% LED lighting.
Company: Sterling Tools Ltd.
Sector: Manufacturing
Country: India
Year: 2024
Type: AR2
Pages: 284
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Sterling Tools Ltd.
Annual Report
The report highlights Sterling Tools Limited's financial and operational performance for the fiscal year 2023-24, emphasizing its transition toward electric mobility solutions. The company's subsidiary, Sterling Gtake E-Mobility Limited (SGEM), achieved 86% growth, contributing 35% to consolidated revenue as a leading manufacturer of Motor Control Units (MCUs) in India. On the environmental front, the company expanded its renewable energy capacity with a new 700 kWp rooftop solar plant at its Prithla facility, bringing total solar capacity to 1.6 MW. Additionally, the company calculated its Scope 1 and Scope 2 greenhouse gas emissions and implemented energy-efficiency measures, such as retrofitting generators with dual-fuel kits and transitioning to 100% LED lighting.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees