ESG – Environmental, Social, and Governance frameworks have become critical for assessing corporate impact, managing risks, and unlocking sustainable competitive advantage. Investors now allocate over $40 trillion* globally to ESG-focused funds, while regulators demand transparent disclosures. At APAR, we're proud of our latest milestone: earning the EcoVadis Bronze Medal and a spot in the top 17% of assessed companies globally (83rd percentile, score 71/100). This March 2026 achievement marks a significant step up from our prior 73rd percentile ranking and showcases our evolving Environmental, Social, Governance (ESG) strategy.
Why EcoVadis Matters: And What It Means for Us
EcoVadis is more than a rating; it's a rigorous, evidence-based platform assessing over 120,000 companies on key pillars like environmental impact, labour & human rights, ethics, and sustainable procurement. For APAR, this validation reflects our supply chain transparency and responsible practices, from energy-efficient manufacturing to fair labour policies.
This performance jump reflects deliberate investment in:
- Environmental stewardship: Reducing carbon footprints through optimised processes and renewable energy pilots.
- Social responsibility: Enhancing employee well-being and community programs.
- Ethical governance: Strengthening compliance and other measures.
Mr. Suyash Saraogi, President, Strategy and Projects, APAR stated, "This EcoVadis recognition reinforces APAR's commitment to long-term value through responsible growth, delivering positive environmental and social impact across our operations and value chain."
2025-26 Sustainability Achievements: Building ESG Momentum
2025 marked a pivotal year in APAR’s sustainability journey, laying the groundwork for this EcoVadis success. Key accomplishments demonstrate a holistic approach to governance, transparency, and value creation:
- First Integrated Report: Prepared per Integrated Reporting <IR> Framework, GRI Standards, NGRBC, and UN SDGs, emphasising long-term stakeholder value and responsible growth.
- Enhanced Assurance Framework: Achieved Reasonable Assurance on BRSR Core parameters and Limited Assurance on Scope 3 GHG emissions (all relevant categories) for the first time, alongside ongoing Scope 1 & 2 emissions.
- CareEdge ESG Leadership: Earned ‘CareEdge-ESG 1’ rating, placing APAR in the top leadership tier for ESG risk management, disclosures, policies, and performance.
- Climate Targets Set: Defined short- and long-term goals aligned with Paris Agreement’s 1.5°C pathway, driving emissions reductions and low-carbon transition across operations and value chain.
- Human Rights Excellence: Secured 4-Star Platinum ratings under BEC 1500:2024 for all manufacturing locations, a new benchmark in human rights practices.
- Information Security Certified: Obtained ISO 27001:2022 across all sites, bolstering data security and governance.
Together, these reflect APAR’s focus on robust systems that deliver measurable progress.
ESG Powering APAR’s Market Leadership
Our ESG efforts fuel innovation and resilience. In conductors, cables, and speciality oils, sustainable procurement cuts risks and boosts efficiency yielding lower waste, stronger supplier ties, and appeal to green-focused global clients.
Looking Ahead
From Bronze to aiming for Silver, we're embedding ESG into our core. These milestones create value for stakeholders, communities, and the planet.
Ready to partner or know more about our sustainable solutions? Explore our sustainability initiatives here: https://apar.com/sustainability-initiatives/.
*Bloomberg 2023