Driving a Sustainable Future

Sustainability
Driving a Sustainable Future

As one of the leading players in the battery and energy storage space in India for more than seven decades, Exide is committed to developing a sustainable future.

Together We ...

Prioritize environmental responsibility, social impact, and strong governance practices across all aspects of our business.
Actively work towards a circular economy by minimizing our environmental footprints and reducing waste generation throughout our operations.
Recognise our role as a responsible corporate citizen.
We are actively involved in community development initiatives that positively impact the societies where we operate.
With a strong emphasis on environmental, social, and governance (ESG) factors, we are dedicated to make a significant difference and aspire to achieve our objectives across all facets of sustainability.

Exide aligns its sustainability practices with ESG principles to
meet stakeholder expectations, reduce environmental impact, and
promote social responsibility.

Environmental
Social
Governance

Environmental Stewardship:

At Exide, we are committed to environmental stewardship by minimizing our ecological footprint through a range of sustainable practices. Our facilities operate using renewable energy sources like solar and wind power, while we optimize energy consumption with advanced technologies. We focus on efficient water use and waste reduction through innovative processes and are transforming our logistics by adopting electric vehicles and exploring alternative green fuel options for eco-friendly deliveries. These efforts reflect our dedication to creating a cleaner, more sustainable future.

Renewable Energy
Energy Efficiency
Resource Conservation

8.9 MWp

Solar On-site Capacity
75.6 MWp

Solar Off-site Capacity

Information updated as of FY 2023-24

Net Zero 2050

Information updated as of FY 2023-24

At Exide, we prioritize resource conservation by minimizing waste and maximizing efficiency across our operations. Our manufacturing facilities adopt a comprehensive 3R (Reduce, Reuse, Recycle) approach to ensure efficient water utilization, leveraging innovative technologies, efficient processes, and robust monitoring systems to optimize water use per unit of output. We also integrate resource efficiency into product development, aiming to increase the use of recycled raw materials. In FY 2023-24, we utilized 75.0% recycled lead/lead alloys and 5.6% recycled plastic in our products. Adhering to Waste Management Rules and the Extended Producer Responsibility (EPR) framework, we are committed to waste minimization and promoting a circular economy. We are on track to achieve zero waste to landfill by 2030, with a 9.0% improvement in waste intensity and a 55% reduction in waste sent to landfill, from 4,412 MT to 1,977 MT, in FY 2023-24.

Green Logistics

Contribution to a Circular Economy

CML's total capacity

346 KMT per annum

up to form 252 KMT per annum in the previous year

Social Responsibility

At Exide, we cultivate lasting and mutually beneficial relationships with our employees, workers, value chain partners and communities at large. We foster open communication and trust, prioritize employee well-being through a safe and healthy work environment that encourages growth, and adhere to the highest ethical standards in all our business dealings, ensuring responsible sourcing and transparent operations. We actively engage with our communities, supporting local initiatives and championing positive social impact. Through these efforts, we strive to create a sustainable and positive impact on all those we serve.

Employee and Workers
Value Chain partners and other stakeholders
Communities

At Exide, employee safety and well-being are a top priority, guided by the ISO 45001 Occupational Health and Safety Management System. We foster a strong safety culture through initiatives like toolbox talks, safety champions, and active senior management support to ensure compliance and minimize risks. Our commitment extends beyond physical safety to creating an inclusive and equitable workplace, offering wellness programs and health check-ups. Tailored training equips employees with essential skills for hazard identification, risk mitigation, and safe work practices, with regular updates to reflect industry standards. We also emphasize technical, soft skills, and behavioral training, supported by the Exide Leadership Behavior framework to promote inclusivity, diversity, and employee performance at all levels.

Number of Differently abled
worker has increased to

25 in FY 2023-24

(from 10 to FY 2022- 23)
We promote an inclusive work culture focused on employee well-being and career growth. Through fair policies and open communication, we address concerns on wages, benefits, safety, and working conditions, while initiatives like training, family events, and recognition programs enhance engagement and morale.

Information updated as of FY 2023-24

1,700+ Dealers

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300+SF Batteries Power Bay Outlets
1,15,000+
We have significantly expanded our Pan-India distributor/dealer network

Information updated as of FY 2023-24

12000+

Man-hours by employees for CSR volunteering services in FY 2023-24
~3.1 lakh

Lives positively impacked in FY 2023-24
80%+

Beneficiaries are form Vulnerable and Marginalised Groups

Information updated as of FY 2023-24

Strong Governance

Exide upholds the highest standards of corporate governance, prioritizing transparency, accountability, and ethical business conduct in all our operations. We believe that strong governance is essential for building trust with our stakeholders and ensuring long-term sustainability.

Transparency and Accountability
Ethical Business Conduct
Risk Management

Information updated as of FY 2023-24

ESG Overview

Eco Consciousness

20%

Of our energy consumption comes from renewable sources

75%

Of Recycled Lead/ Lead Alloys used in production

3

Zero Liquid Discharge Factories

55%

Reduction in waste to landfill compared to the previous year

40+

EVs deployed across warehouses for tertiary logistics

Eco Consciousness

HYBRID WORKING

Policy for Young Mothers

2.75 LAKH+

Manhours of training to workforce in FY 2023-24

0.12

Lost Time Injury Frequency Rate (LTIFR) for Workers

~1 LAKH

Man hours of training on health and safety

~3.1 LAKH

Lives positively impacted in FY 2023-24

Governance & Risk Oversight

ROBUST

ISO 31000 Certified Risk Management Framework

SEPARATE

Chairman and CEO of the Company for more than a decade

100%

Attendance of the members at Board & Committee meetings

6 Out of 6

Board Committee chaired by Independent Director

Optimal Mix

of Board Member Expertise skillset and experience

Lead
A friend turned foe

Lead, a major component of all batteries, is an extremely useful and
friendly metal that does not corrode in water and can be used in many ways:

Roofs in buildings (wherever water ingress is a problem)
Provides effective insulation from noise
Is used in industries to protect pipes and cables
Lead pigments in paint protect steel construction against the impact of weather
Lead Oxide improves the quality of glass in the optical industry
Lead enhances the sparkle of crystal glass
60% of all lead in the world is used in batteries to store energy

LEAD IN THE ATMOSPHERE

Lead can enter our body through the skin or through inhalation. It gets absorbed in the lungs/digestive system and circulates as ionized lead in the blood. Many a times we ingest food and drink water that carry minute particles of lead.

Driving a Sustainable Future