Our Approach to Sustainability & ESG
Embedding ESG principles into our daily operations is a critical business imperative at Polycab. This deliberate integration mitigates long-term risk, drives measurable impact, and ensures enduring value creation across our entire stakeholder ecosystem.
Our ESG Approach
  1. 1 Understanding stakeholder needs and material ESG risks

Material topics were reassessed to align with our business strategy and key impact areas, incorporating relevant standards and stakeholder input. A comprehensive risk and opportunity assessment further guided focused progress toward our sustainability goals.
(material issues and for stakeholders. )

  1. 2 Establishing ESG framework and Governance

ESG governance was strengthened with a dynamic ESG Council reporting to the CSR & ESG Committee. This year, the Council led the materiality reassessment and finalised the five-year ESG roadmap to achieve the identified targets.

  1. 3 Developing roadmap and ownership

An ESG roadmap was created to outline key milestones and monitor progress toward our goals. Progress will be tracked through our strengthened governance framework, with continued disclosure on material issues in future reporting cycles.

  1. 4 Refining operations and processes

Steps are underway to reduce the environmental impact of our operations, with a strong focus on expanding renewable energy use to minimise our carbon footprint as we grow. (details on our environmental initiatives.)

  1. 5 Measuring impact and improving

Efforts are underway to drive impact-led performance by focusing on metrics with the greatest potential for positive change. This year, we began tracking key categories of Scope 3 emissions and have disclosed them in this report. (details on Scope 3 emissions.)

  1. 6 Verification through internal audits and external assurance

Regular audits and assurance ensure compliance and strategic alignment. This is the third consecutive year of reasonable assurance on BRSR Core Indicators. In FY 2025-26, the scope of assured GRI indicators expanded from last year. (assurance statement.)

ESG Governance Structure

Strategic Pillars

Governance Excellence

We ensure responsible and ethical conduct through robust policies and processes.

Environmental Sustainability

We prioritise sustainability across all operations to minimise our environmental impact.

Product Innovation

We focus on product innovation for a brighter, greener future.

People Sustainability

Putting employees, communities, vendors and customers at the centre of our operations.

Guiding Principles

Our practices align with the guiding principles of GRI, UNSDG, framework and NGRBC.

External Assurance

External assurance agencies verify our ESG disclosures in annual integrated reports and BRSR.

Themes

Environment

Reduce environmental footprint through sustainable practices.

Social

Enhance community well-being and employee welfare through impactful social initiatives.

Governance

Uphold the highest standards of corporate governance.

ESG Material Topics
  • Energy and Emissions
  • Climate change
  • Circular Economy and Waste Management
  • Water Stewardship
  • Product Innovation and Stewardship
  • Biodiversity and Nature Protection
  • Human Capital Management
  • Occupational Health and Safety
  • Customer Trust and Integrity
  • Community Development
  • Human Rights and Inclusive Workforce
  • Corporate Governance and Ethical Conduct
  • Responsible Value chain Management
  • Product Safety and Quality
  • Data Privacy and Cyber Security
  • Economic Growth and Risk Management
Objectives
  • Governing and overseeing ESG initiatives from the Board of Directors and line of business management levels.
  • Minimising Polycab’s operational impact on climate and accelerating the shift to a low-carbon future.
  • Innovating groundbreaking products that ensure energy efficiency and low environmental footprint.
  • Implementing targets to assess and manage climate-related risks and supporting value chain partners in transitioning to a lower carbon environment.
  • Communicating our ESG Performance to stakeholders is critical. Polycab measures and discloses non-financial performance transparently.
Certifications
  • ISO 9001:2015 (QMS)
  • ISO 14001:2015 (EMS)
  • ISO 45001:2018 (OHMS)
  • ISO 50001:2018 (Enums)
  • ISO 17025:2017
  • IATF 16949:2016
  • British Approval Service for Cables (BASEC)
  • Importer – Exporter Code (IEC)
  • Underwriter Laboratories (UL) certifications
  • RoHS & REACH compliant
  • IRIS Certification Performance assessment: 2023 for Rolling Stock business category
Frameworks