
FY 2024-25
While we have been addressing ESG aspects at APAR for many years, this is the third year we have compiled a comprehensive summary that outlines our progress and opportunities.
Task Force on Climate-Related Financial Disclosures (TCFD) Report
At APAR we believe in accurate and timely disclosure of current and past operating and financial risk management. This report is a testament to our strong corporate governance and risk management practices.
Climate Related Risk Management Report · Prepared in accordance with the recommendations of the TCFD.

FY 2024-25
Our corporate mission is to design & manufacture Building Blocks for Energy Infrastructure, Transportation & Telecommunication Sectors that contribute meaningfully to make this world a more energy efficient, environmentally sustainable and safer place. Some of the cables & conductors that we supply globally are most energy efficient, have longer usage life, have less emission losses and are environmentally friendly.
In line with our mission statement, our Climate Transition Action Plan sets out a range of targets and actions designed to deliver an emissions reduction pathway consistent with the 1.5° ambition of the Paris Agreement. Our primary focus in the years to come will be on emissions reduction, not offsetting.
Accordingly, we have set the following targets for our emissions reduction initiatives:
Work progressively towards achieving Net-Zero GHG emissions.
Reduce Scope-1 and Scope-2 absolute GHG emissions by 50% by 2040 (base year: 2025).
Scope-1 & Scope-2 emissions:
Base Year, FY 2024-25: 161,808 tCO2e
Target, FY 2039-40: 80,904 tCO2e
Reduce Scope-3 upstream GHG emissions (category 1) by 50% by 2045 (base year: 2025).
Scope-3, Cat-1 emissions:
Base Year, FY 2024-25: 46,67,283 tCO2e
Target, FY 2044-45: 23,33,642 tCO2e
Work progressively towards achieving 100% RE (Renewable Energy).
Increase the share of Renewable Energy in overall electricity consumption to 50% by 2035.
RE% in overall Electricity mix:
Target, FY 2034-35: 50% RE in overall electricity mix
We intend to gradually move towards net-zero in line with our targets.
We are on a growth mode and our revenue growth for the next 5 years will have a CAGR of approx. 15% as per our business plan and the growth in power transmission line requirements primarily for catering to the high transmission and distribution demand of renewable energy globally. As such, keeping in mind the business growth, we have based our near-term targets on emissions intensities.
APAR has set a near-term emissions reduction target to reduce the GHG emissions intensity by 50% for Scope-1 and Scope-2 (for cable & conductor businesses) by 2030 against a 2020-21 baseline.
* Scope-1 & Scope-2 GHG Emissions Intensities for Cables & Conductors businesses

While our long-term climate goals are based on absolute GHG reduction in alignment with global net-zero ambitions, we have opted for intensity-based short-term targets owing to significant increase in production, and consequent energy requirements. Renewable Energy availability has a high lead time and the central grid infrastructure for inter-state transmission of renewable energy is still evolving. Hence, while the intensity levels will decrease in the next five years owing to operational efficiency and incremental sourcing of intra-state renewable energy, the real reduction in absolute emissions will take place once the inter-state transmission infrastructure for renewable energy is stabilized and battery technology is commercially viable.
As the world's largest aluminium and alloy conductor manufacturer, APAR is committed to step-up and deliver best quality product with excellent customer services. With the growing global environmental issues, we have taken an initiative to address carbon emissions of our conductors. Towards this, we have successfully published "Environment Product Declarations" on six Conductor products and one Cable product.
An Environmental Product Declaration, or EPD, is a document which transparently communicates the carbon emission through entire life cycle of a product. The report covers carbon footprint computation, verification, validation and certification over its lifetime by EPD Hub as per EN 15804+A2 & ISO 14025 / ISO 21930 standards.

12 pages

13 pages

12 pages

13 pages

13 pages

13 pages

12 pages

12 pages

12 pages

12 pages

12 pages

12 pages
Certificates that keep our manufacturing sites aligned with international quality, environmental and safety standards.
| APAR Business | Location | NABL | ISO 9001 | ISO 14001 | ISO 45001 | ISO 27001 |
|---|---|---|---|---|---|---|
| Oil Business | Rabale, Maharashtra | View | View | View | View | View |
| Oil Business | Silvassa, Daman & Diu | View | View | View | View | View |
| Cable Business | Khatalwada, Gujarat | View | View | View | View | View |
| Cable Business | Umbergaon, Gujarat | View | View | View | View | View |
| Polymers Business | Umbergaon, Gujarat | — | View | — | — | View |
| Conductor Business | Rakholi, Daman & Diu | View | View | View | View | View |
| Conductor Business | Athola, Daman & Diu | View | View | View | View | View |
| Conductor Business | Jharsuguda, Orissa | View | View | View | View | View |
| Conductor Business | Lapanga, Orissa | — | View | — | — | View |
Human rights certificates that affirm our commitment to ethical labor practices.
| APAR Businesses | Location | Human Rights Certificates |
|---|---|---|
| Oils Business | Rabale, Maharashtra | View |
| Cable Business | Khatalwada, Gujarat | View |
| UCL & MVCC, Umbergaon, Gujarat | View | |
| Polymers Business | Umbergaon, Gujarat | View |
| Conductors Business | Jharsuguda | View |
| Orissa | View | |
| Daman & Diu | View | |
| Unit - 3 | View | |
| Unit - 5 | View | |
| Unit 6 & 7 | View |

For more than 67 years, APAR has been a trusted partner to utilities, OEMs, and infrastructure leaders in over 140 countries. As a global powerhouse and diversified energy infrastructure leader, we deliver advanced conductors, cables, telecom, speciality oils, lubricants, speciality automotive, and polymer solutions that power critical energy transmission worldwide. With our integrated RD and global manufacturing footprint, we help customers create safer, smarter, and more sustainable energy networks.
Quick Links




