- Meeting ambitious renewable energy targets (75% by 2030)
- Reducing waste intensity (1% increase in FY24)
- Improving employee retention rate (79% in FY24)
- Improving employee engagement score (78% in FY24)
- Increasing women in management roles (8% in FY24)
- Achieving 70% production efficiency by 2030
- Achieving 90% coverage of critical supply chain partners for ESG assessment by 2030
- Supply chain sustainability
Shanthi Gears Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Shanthi Gears Limited disclosed greenhouse gas emissions of 8.2K tCO2e/year. By scope: Scope 1: 375.7 tCO2e/year; Scope 2: 7.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.2K tCO2e/year
2023-04 to 2024-03
Renewable Energy
45%
of total energy
Water Usage
39.3K KL/year
2023-04 to 2024-03
Waste
6.8K metric tons/year
2023-04 to 2024-03
Energy Use
77.2K GJ/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 375.7 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 8.2K tCO2e/year |
| 2022-03 to 2023-03 | 2.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy intensity by 8%
- Achieved 45% renewable energy share
- Reduced water intensity by 17%
- Reduced GHG emissions by approximately 8,824 tons of CO2e
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce energy intensity by 30% by 2030
- Achieve 75% renewable energy by 2030
- Reduce water intensity by 50% by 2030
- Reduce waste intensity by 50% by 2030
- Increase employee volunteering hours to 8 hours/employee/year by 2030
🌱 ESG Focus Areas
Climate StrategyOccupational Health & SafetyLegal ComplianceCorporate GovernanceCommunity Development & EngagementTraining talent and Skill DevelopmentWaste ManagementWater and Wastewater ManagementSustainable Supply ChainRisk & Crisis ManagementCybersecurity and Data ProtectionProduct Stewardship