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Annexure: Report Card

The performance values are for in-house decorative paint manufacturing units, unless stated otherwise. The standalone boundary includes all paint and chemical manufacturing units, R&T centre, bath operations, owned offices and leased offices / warehouses. From FY 2025-26 onwards, Sleek operations are also included in the standalone boundary post merger with Asian Paints Limited.

Environment

Area Unit Baseline value 2022-23 2023-24 2024-25 2025-26 Target 2030
Energy Conservation & Emissions
Specific Electricity Consumption@^ kWh/KL 116 (2013-14) 74.7 (36% reduction) 74.2 (36% reduction) 83.1 (28% reduction) 87.3 (25% reduction) 54.4# (53% reduction)
Renewable Electricity@^ % of total electricity 0.1 (2013-14) 62.2 65.8 57.6 56.5 100*
Scope 1@^ tCO2e 25072 (2013-14) 14340 14872 17961 16459 -
Standalone^ tCO2e - 74943 72794 87435 79686 -
Scope 2@^ tCO2e 52471 (2013-14) 27685 28052 33797 35417 -
Standalone^ tCO2e - 44600 44357 52727 55660 -
Scope 3 Standalone^ tCO2e - 3285192 3320949 3223691 3149810 -
Emissions Intensity (Scope 1 and Scope 2) KgCO2e/KL 131.2 (2013-14) 34.7 (74% reduction) 32.6 (75% reduction) 40.9 (69% reduction) 40.5 (69% reduction) 26.2 (80% reduction)
SOx
g/KL - 2.2 2.2 2.6 2.9 -
MT - 2.7 2.8 3.2 3.7
Standalone^ MT - 10.7 13.1 10.8 7.1 -
NOx
g/KL - 8.2 5.9 5.2 6.5 -
MT 9.9 7.7 6.6 8.4
Standalone^ MT - 40.3 44.4 45.8 49.1 -
Particulate Matter
g/KL - 4.1 4.1 4.9 4.4 -
MT 4.8 5.3 6.1 5.6
Standalone^ MT - 10.5 14.0 15.1 11.3 -
Water Neutrality
Specific Non-Process Water @^ KL/KL 0.97 (2013-14) 0.45 (54% reduction) 0.44 (54% reduction) 0.46 (52% reduction) 0.44 (54% reduction) 0.24 (75% reduction)
Water Replenishment @^ % of freshwater consumed 0.1 (2013-14) 382 387 478 589 600
Rainwater harvested and used within the factory Megalitres - 235 67 75 128 -
Nature Positive
Specific Hazardous Waste Disposal @^ Kg/KL 2.7 (2013-14) 0.8 (70% reduction) 0.61 (77% reduction) 0.57 (79% reduction) 0.82 (70% reduction) 0.45 (83% reduction)
Total Hazardous Waste Disposed MT - 929 1574.337 1642 2136 -
Specific Non-Hazardous Waste @^ Kg/KL 14.1 (2013-14) 7.8 (45% reduction) 7.53 (47% reduction) 8.39 (41% reduction) 6.45 (54% reduction) 6.0 (57% reduction)
Total Non-Hazardous Waste Disposed MT - 11770 9759 10607 8256 -
Total Hazardous Waste Disposed (Standalone)^ MT 1129 2150.1 2282 4038 -
Total Non-Hazardous Waste Disposed (Standalone)^ MT 12771 12317 17127 29453 -
Proportion of Recycled Plastic Used in our Packaging^ % 7 (20% in GS-11 products) FY 2020-21 15 % recycled content across products
20% in Green Seal certified products
15 % In other plastic packaging
20% in Green Seal certified products
30 40 60
Specific Trade Effluent Generation @^ L/KL 82 (2013-14) 18.1 (78% reduction) 16.1 (80% reduction) 17.1 (79% reduction) 17.5 (79% reduction) 15.8 (81% reduction)

Product Stewardship

Area Unit Baseline value 2022-23 2023-24 2024-25 2025-26 Target 2030
Renewable/bio-based raw materials in product offerings % 6.5 (2020-21) 6.4 7.2 (11% increase) 6.8 (5% Increase in renewable content) 7.0 (7.7% Increase in renewable content) 30% increase in renewable content
GHG Reduction Through Formulation Optimisation tCO2e 3700 (2020-21) 20390 Cumulative reduction of 50,803 from FY 2022-23 Cumulative reduction of 89,888 From FY 2022-23 Cumulative reduction of 1,39,013 From FY 2022-23 Cumulative reduction of 1,20,000 from FY 2022-23
Minimising & Eliminating CMR Raw Materials^ Kg/KL With Styrene 19.9 (2020-21) 19.1 19.4 23.8 (24% increase) 23.2 (17% increase) 25% reduction
Kg/KL Without Styrene 4.5 (2020-21) 4 3 3.8 (6% reduction) 3.8 (15% reduction)

Safety

Area Unit Baseline value 2022-23 2023-24 2024-25 2025-26 Target 2030
Total Recordable Frequency Rate (TRFR)@^ per million manhours - 0.57 0.58 0.38 0.62 -
All Manufacturing Units in India (Decorative and Non Decorative)^ per million manhours - 0.55 0.56 0.32 0.59 -
Including AP Global per million manhours - 1.4 1.39 1 1.27 </= 0.80
Total Severity Rate (TSR)@^ per million manhours - 15.55 29.43 62.25 67.06 -
All Manufacturing Units in India (Decorative and Non Decorative)^ per million manhours - 17.05 26.61 53.49 61.21 -
Including AP Global per million manhours - 95.1 231.09 40.72 106.4 </= 100
Number of Fatalities^
All Manufacturing Units in India (Decorative and Non Decorative)^ - 0 0 0 0 -
Including AP Global - 0 0 0 0 -
Standalone^ - 0 3 0 0 -
Tier-1 Process Safety Incidents - 4 2 3 8 -
Process Safety Event Rate (PSER)** - - - - 0.426 </= 0.165
Transport Related Incidents - - - - 3 -

Community

Area Unit Baseline value 2022-23 2023-24 2024-25 2025-26 Target 2030
Water Harvesting Potential Created % of annual freshwater consumption every year 8.1 (2013-14) 195 217 273.3 431 >70
Beneficiaries Impacted Through Health Initiatives 1,70,000+ (2020-21) 3,65,000+ 3,53,000+ 2,80,000+ 2,59,000+ 6,50,000
Participants Trained at Beautiful Homes Academy 1,99,000+ (2020-21) 5,10,000+ 6,80,000+ 9,50,000+ 9,45,000+ 10,00,000

# Assuming present product mix, in case of significant adverse change in mix, the number shall be recalculated

* We aspire to achieve 100% renewable electricity share subject to state policies relating to minimum grid utilisation requirements & banking policies

^ denotes indicators assured as part of Annual Integrated Report

@ denotes indicators assured as part of the report. Assurance is provided for the performance for FY 2025-26 only. Reduction from baseline is not part of the assurance.

** During the year, the safety promise has been upgraded to include a comprehensive metric covering Tier 1 & Tier 2 Process Safety Management incidents by way of PSER.

- The qualitative disclosures pertaining to GRI 305-1 and 305-2 have been included in the Integrated Annual Report 2025-26.