At Amara Raja, we actively contribute to a more sustainable world, leading by example in our own operations and partnering with customers and suppliers to enable a low-carbon society, preserve resources, and promote social progress. With our robust industry expertise, market intelligence, creativity, get-it-done mentality and spirit of philanthropy, we are moving towards a more sustainable future to power the world.
At Amara Raja, our commitment to adopt world class sustainable practices provides a solid foundation for our business growth. We believe that building a more sustainable business creates a stronger Organization and greater value for all our stakeholders. And as a stronger company, we are well-positioned to lead the way in redefining what power can be.
Throughout our growth, our commitment to environmental stewardship and transparency not only remained steadfast but also taken accelerated trajectory with each passing year.
As a result of our Technology and Research efforts, there have been a plethora of benefits that could be brought over the years and a list of such benefits but not limited to these alone are given below:
Through The Amara Raja Way®, the Company strengthened its commitment to people's safety and environmental protection. The leadership believes that an incident-free workplace boosts employee morale and confidence in the corporation. The resultant peace of mind pushes every team member to strive harder towards uplifting the organization to the next growth orbit. The Company's protection cover extends to the workplace and beyond - striving for a cleaner workplace and a green environment - leading to a healthy mind and body.
As a part of its commitment towards ecological sustainability, the Company is closely associated with multiple environmental protection programs within its business ecosystem and in the civic and social sectors beyond its operational boundaries.
The four pillars of Amara Raja's ecological sustainability program are:
Ecological sustainability is a cornerstone of the company's charter on natural capital stewardship. The storage battery industry is built on the pillars of energy efficiency, greenhouse gases mitigation, responsible water management, pollution control and waste management. At Amara Raja, we use different tools to look for the reduction in natural resource usage. During this year, the company initiated the inventorization of greenhouse gas emissions and targeted its reduction.
The Company has aligned its business operations and manufacturing process to the globally accepted guidelines of the ISO 14001 and ISO 45001 framework for more than two decades now. All the manufacturing locations are certified to ISO 14001:2015, ISO 45001:2018 and ISO 50001: 2018 standards.
Group-level Sustainability function headed by the Chief Sustainability Officer and a dedicated Sustainability team. The Sustainability Committee is headed by the Executive Director & and members comprising the Chief Sustainability Officer, Chief Operating Officer and all functional heads to drive ESG proactively.
Through sustainability reporting, we communicate our performance and impacts on a wide range of sustainability topics, spanning environmental, social and governance parameters. It enables us to be more transparent about the risks and opportunities we face, giving stakeholders greater insight into performance beyond the bottom line.
Building and maintaining trust in businesses and governments is fundamental to creating a sustainable global economy and a thriving world. Every day, decisions are made by businesses and governments that have direct impacts on their stakeholders, such as decisions relating to financial institutions, labor organizations, civil society, citizens and the level of trust they have in them. These decisions are rarely based on financial information alone and often consider risks and opportunities related to a variety of short and long-term factors. Sustainability topics are increasingly integrated into these decision-making processes.
For ARE&M, we are disclosing our sustainability performance through the SEBI-mandated Business Responsibility & Sustainability Report (BRSR), the Global Reporting Initiative (GRI) aligned Sustainability report, and Carbon emissions and management through the Climate Disclosure Project (CDP).