Hero MotoCorp Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-04 to 2022-03, 2020-2021, 2018-19

In its 2023-04 to 2024-03 reporting, Hero MotoCorp Limited disclosed greenhouse gas emissions of 103.6K tCO2e/year (Scope 1+2). By scope: Scope 1: 939 tCO2e/year (approx); Scope 2: 102.4K tCO2e/year (approx); Scope 3: 19.6M tCO2e/year (approx). 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
103.6K tCO2e/year (Scope 1+2)
2023-04 to 2024-03
⚡
Renewable Energy
46%
of total energy
💧
Water Usage
757.2K m3/year
2023-04 to 2024-03
♻️
Waste
14.9K tons/year (non-hazardous)
2023-04 to 2024-03
⚙️
Energy Use
233.7K MWh/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).939 tCO2e/year (approx)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.102.4K tCO2e/year (approx)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).19.6M tCO2e/year (approx)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-03103.6K tCO2e/year (Scope 1+2)
2022-04 to 2023-03102.4K tCO2e/year (Scope 1 & 2)
2021-04 to 2022-03126.0K tonnes CO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 100% water positive facilities by 2025
  • 100% zero waste-to-landfill facilities by 2025
  • 20% gender diversity (staff+contingent) by 2024-25

📅 Medium-term

  • 100% carbon-neutral operations (Scope 1+2) by 2030
  • 100% green dealerships by 2030
  • 30% gender diversity by 2030
  • 30% of products E85 compatible by 2030

🔭 Long-term

  • 100% product recyclability by 2030

🌱 ESG Focus Areas

Climate ChangeEnergy ManagementWater ManagementWaste ManagementProduct StewardshipBiodiversityHuman RightsDiversity, Equity and InclusionTalent ManagementHealth, Safety and Well-beingCustomer SatisfactionCorporate Social ResponsibilityBusiness EthicsRisk ManagementSupply Chain ManagementData Protection

⚠️ Challenges & Risks +

  • Climate change impacts (droughts, heatwaves, etc.)
  • Transition risks (regulatory changes, market shifts to EVs)
  • Water stress in operating regions
  • Supply chain disruptions
  • Semiconductor shortages
  • Cybersecurity threats
  • Growing demand for climate data disclosure

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards (2021)
Assurance: Bureau Veritas (India) Pvt. Ltd. (limited assurance)