It’s a way of life. At APAR, we’re not just tackling climate change with company-wide action, but also setting a new standard with products that address sustainability concerns. Explore how our divisions are addressing sustainability.
Oct 25: We are delighted to share that APAR has been awarded the prestigious CARE Edge ESG-1 rating, the highest recognition in Environmental, Social, and Governance (ESG) performance.
This rating places us in a leadership position in managing ESG risks through best-in-class disclosures, policies, and performance. It reflects our consistent efforts to integrate sustainability into every aspect of our business — from reducing environmental impact and ensuring employee well-being to maintaining strong governance frameworks.
This recognition reaffirms our commitment to building a responsible, resilient, and future-ready organization that creates value for all stakeholders.
Sep 2025: We are proud to announce that all our plants and offices have recently been certified with ISO 27001 – the globally recognized standard for Information Security Management Systems (ISMS).
This achievement demonstrates our unwavering commitment to safeguarding information, ensuring data integrity, and protecting the interests of our stakeholders. By adopting global best practices in information security, we have reinforced the ‘G’ pillar of our ESG (Environmental, Social & Governance) journey.
The certification reflects our proactive approach to risk management, compliance, and transparency—further strengthening trust among our customers, partners, employees, and communities.
The certificate is available in the Sustainability > Reports section of our website.
Jul 2025: Marking a significant milestone in our sustainability journey, we have released our first Integrated Report, replacing the earlier ESG Report format. This report offers a holistic view of our financial and non-financial performance, aligning with global best practices and demonstrating our commitment to long-term value creation for all stakeholders. It reflects our progress across environmental, social, and governance dimensions, while also integrating strategic, operational, and financial insights. The report is now available on our website, www.apar.com under the Investors section for public access.
Integrated-Annual-Report-2024-25
Jul 2025: As part of our ongoing commitment to responsible and transparent business practices, we have prepared and published our Business Responsibility and Sustainability Report (BRSR) for the period FY 2024-25. It highlights our performance across key Environmental, Social, and Governance (ESG) parameters and reflects the progress we have made since formally embarking on our sustainability journey four years ago. The report is now available for public access on our website, reinforcing our alignment with regulatory expectations and our stakeholders’ growing interest in sustainable business conduct. The report is available for download on our website at www.apar.com under the Sustainability Section.
Mar 2025: APAR has been making sustainability related disclosures on global platforms including EcoVadis since last 3 years.
EcoVadis is an evidence based online platform, providing supplier sustainability ratings and allowing companies to assess the ESG performance of their global suppliers. EcoVadis evaluates companies across a broader spectrum of ESG criteria, including labour practices, ethics, and supply chain sustainability, offering a comprehensive view of corporate responsibility.
We received a bronze medal from EcoVadis with 73 percentile score in Jan 2025. EcoVadis awards Bronze medal status to top 35% companies globally which are assessed
This recognition highlights APAR’s ongoing efforts towards sustainable business practices and the company’s efforts to foster positive environmental and social changes.
Mar 2025: APAR is pleased to announce that CDP (Carbon Disclosure Project) had awarded a score of ‘B’ for the third consecutive year in a row to APAR.
This score indicates the APAR has taken “coordinated actions on Climate issues”. CDP is a global non-profit organization that runs the world’s leading environmental disclosure platform.
This important milestone reflects our ongoing commitment to environmental transparency and sustainability.
APAR’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency. By disclosing through CDP, APAR is prepared to respond to the increasing demand for environmental transparency from financial institutions, customers and policymakers. In its disclosure, APAR shared information on climate related risks and opportunities, energy saving and GHG emission reduction initiatives and Scope-1, Scope-2 and Scope-3 emissions.
By sharing this information publicly, we aim to engage with stakeholders, foster accountability, and contribute to the global conversation on climate action.
Mar 2025: We have successfully developed and published the EPDs (Environmental Product Declarations) on EPD HUB for below mentioned products:
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.
The detailed reports can also be accessed at [Sustainability >> Reports >> Environment Product Declaration tab] at our website www.apar.com
Oct 2024.
APAR is proud to announce the publication of its revised Task Force on Climate-related Financial Disclosures (TCFD) report, demonstrating its commitment to transparency in climate-related financial risks and opportunities. This report outlines our strategic approach to addressing climate change, aligning with global best practices, and enhancing stakeholder trust.
The TCFD framework provides a structured approach to assess and disclose climate-related risks and opportunities, and APAR is committed to integrating these principles into our operations and reporting practices.
Our report includes:
“Publishing our TCFD report is a significant milestone for APAR,” mentioned by Suyash Saraogi, President Strategy & Projects. “It reflects our proactive approach to sustainability and our dedication to addressing the challenges posed by climate change. We believe that transparency in our climate-related practices not only supports our stakeholders but also strengthens our resilience as an organization.”
The report is available for download on our website at www.apar.com under the Sustainability Section.
APAR has installed 5.34 MWp of roof-top solar capacity and another 1.2 MWp capacity is under implementation. In addition, we have commissioned a wind-solar hybrid (3.30 MW wind-turbine and 2.80 MWp of solar energy) project in partnership with a leading supplier, which is providing approx. 13.5 million KWh of renewable energy annually. We will be commissioning another two similar capacity wind-solar hybrid projects by June 2025. We expect our share of renewable energy to go up to 25% for the year 2025-26. This will enable a saving of approx. 34,000 tCO2e per annum at current grid emission factor.
We had engaged with the leading institutes and completed the energy audits at three plants (Conductor plants in Athola & Rakholi, and Cable plant in Khatalwada). A total of 72 GHG reduction projects have been identified as a result of these detailed energy audits, with a potential to save approximately 8,500 tCO₂e GHG emissions per year. The main objectives of energy audits are as follows:
We have implemented several GHG reduction projects and many more are under implementation. Some of the examples are:
These projects are being taken up for implementation during FY 2023-24.
Due to various measures taken by APAR, the absolute GHG emission in FY 21-22 reduced by 3%, despite overall increase in production.
We have been working consistently towards lowering our carbon footprint through various initiatives. We follow the GHG Protocol for measuring our GHG emission. Currently, we are measuring, managing and disclosing our scope 1 and scope 2 emissions.
We have implemented several GHG reduction projects and many more are under implementation. Some of the examples are:
As a responsible corporate, we are aware of the risks that climate change presents to our business, society and the planet, and the necessity to reduce Green House Gas (GHG) emissions across our value chains for a greener future.
As we proactively implement mitigation measures to address our emissions, we recognize that the bulk of our emissions stem from our value chains. Thus, to achieve this ambitious target of limiting global temperature rise to 1.5°C above pre-industrial levels, we engage our stakeholders including our suppliers to manage and reduce GHG emissions beyond our factory.
Towards the above, APAR has started engaging with its vendor partners through:
We will keep on working with vendor partners to collectively do our bit to tackle climate change, and secure a liveable planet for future generations.
