Varroc Engineering Ltd 2023 Annual Report with Sustainability Disclosures
Company: Varroc Engineering Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 432
The report describes Varroc's formalised FY2023 ESG and Sustainability framework, organized around six strategic pillars covering products, operations, employees, supply chain, communities, and governance. It highlights nearly 13% renewable-energy sourcing, nearly 90% waste recycling, zero-liquid-discharge initiatives, and more than 55,000 trees planted. The BRSR reports total energy consumption of 481,053 GJ and Scope 1 and Scope 2 emissions of 4,688 MTCO2e and 76,374 MTCO2e, respectively. It also documents an ESG Steering Committee of the Board and extensive CSR initiatives including river restoration and sustainable-livelihood programs.
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