Varun Beverages Ltd 2023 AR2
The report highlights Varun Beverages Limited's operational and financial performance for the fiscal year 2023, showcasing a 13.9% growth in consolidated sales volume and a 35.6% increase in net profit. Key sustainability achievements include achieving a water usage ratio of 1.54 liters per liter of beverage and recycling 86% of used PET bottles. The company also piloted 100% recycled plastic (rPET) bottles in partnership with PepsiCo India. Additionally, Varun Beverages expanded its international footprint by entering into a binding agreement to acquire 100% of The Beverage Company (BevCo) in South Africa.
Company: Varun Beverages Ltd
Sector: Consumer Staples
Country: India
Year: 2023
Type: AR2
Pages: 385
Varun Beverages Ltd
Annual Report
The report highlights Varun Beverages Limited's operational and financial performance for the fiscal year 2023, showcasing a 13.9% growth in consolidated sales volume and a 35.6% increase in net profit. Key sustainability achievements include achieving a water usage ratio of 1.54 liters per liter of beverage and recycling 86% of used PET bottles. The company also piloted 100% recycled plastic (rPET) bottles in partnership with PepsiCo India. Additionally, Varun Beverages expanded its international footprint by entering into a binding agreement to acquire 100% of The Beverage Company (BevCo) in South Africa.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees