Wheels India Ltd 2024 AR2

The report highlights Wheels India Limited's performance and sustainability initiatives for the fiscal year 2023-2024. The company successfully completed the amalgamation of Sundaram Hydraulics Limited, boosting its product diversification and growth in the hydraulic cylinder business. On the environmental front, Wheels India established a clear roadmap, aiming to achieve 75% renewable electricity by 2026, water neutrality by 2027, zero waste to landfill by 2030, and carbon neutrality for Scope 1 and 2 emissions by 2033. During the reporting year, the company met 26.6% of its total power consumption through off-site wind and solar energy. Additionally, the company actively supported local communities through various CSR projects, including supplementary education programs and livelihood support for small and marginal farmers.

Company: Wheels India Ltd

Sector: Consumer Discretionary

Country: India

Year: 2024

Type: AR2

Pages: 218

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Wheels India Ltd

Wheels India Ltd 2024 Annual Report

Annual Report

The report highlights Wheels India Limited's performance and sustainability initiatives for the fiscal year 2023-2024. The company successfully completed the amalgamation of Sundaram Hydraulics Limited, boosting its product diversification and growth in the hydraulic cylinder business. On the environmental front, Wheels India established a clear roadmap, aiming to achieve 75% renewable electricity by 2026, water neutrality by 2027, zero waste to landfill by 2030, and carbon neutrality for Scope 1 and 2 emissions by 2033. During the reporting year, the company met 26.6% of its total power consumption through off-site wind and solar energy. Additionally, the company actively supported local communities through various CSR projects, including supplementary education programs and livelihood support for small and marginal farmers.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Published

Jul 17, 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

Net Zero Target

Employees