INOX India unveils its first Annual Sustainability Report, marking a key milestone in responsible growth

Vadodara, 26th September 2025: INOX India Limited (INOXCVA), one of the world’s leading cryogenic technology solution providers released its first Annual Sustainability Report for the period FY 2024–25. Prepared in reference to the Global Reporting Initiative (GRI) standards, the report highlights the Company’s ESG (Environmental, Social, and Governance) initiatives and achievements, reinforcing commitment to sustainable growth, responsible operations, and stakeholder value creation.

The Sustainability Report outlines INOX India’s structured Materiality Assessment Framework, designed to align global best practices with the Company’s operational realities. This framework has enabled INOX India to build a Materiality Matrix, ensuring that its sustainability priorities are aligned with stakeholder expectations while driving long-term resilience and growth.

The Matrix enables the Company to focus its efforts and resources on the most critical challenges, and align its priorities United Nation’s Sustainable Development Goals (SDGs). The ESG initiatives throughout the year revolved around Energy Management and Efficiency (SDG7), Waste Management and Circularity (SDG12), Climate Change and GHG Emissions (SDG13), Water and Effluent Discharge (SDG6) and Responsible Supply Chain (SDG12).

Commenting on the release of the report, Deepak Acharya, Chief Executive Officer, INOX India Limited, said, “INOX India’s journey toward environmental sustainability is both purposeful and ongoing. From clean energy investments to water recycling and green infrastructure, our initiatives reflect a deep commitment to responsible operations and the well-being of our planet. For us, sustainability is not just a goal—it is the core of all our business decisions. Our first Sustainability Report marks a significant milestone, reaffirming our dedication to building a lasting legacy by aligning our systems, processes, and businesses with environmentally responsible practices and United Nation’s Sustainable Development Goals. Our ESG commitment is deeply woven into our business operations, with our products enabling customers worldwide to adopt sustainable practices and transform into responsible, future-ready enterprises.”

Key highlights from the report include:

• Strengthened Sustainable Infrastructure: Adoption of renewable power sources, installation of a 1.68 MW windmill and rooftop solar systems, and process improvements leading to reduced energy consumption. Renewable energy accounted for 19% of the Company’s energy use, reducing CO₂ emissions by 1,808.17 tCO₂e.
• Implementation of Integrated Waste Management System: Implementation of a systematic waste management program, resulting in measurable reductions in the Company’s environmental footprint.
• Purpose-driven CSR Investments: A total allocation of ₹401.73 lakh towards Corporate Social Responsibility (CSR) in FY 2024–25, deployed in education, well-being and women empowerment initiatives. This included projects such as the Udayan Shalini Project for underprivileged girls, Mobile Health Unit (MHU) for rural healthcare, scholarships at IIT Bombay, and a partnership with IISc Bengaluru to establish the INOX Quantum Materials Lab.
• Impeccable Workplace Safety: Zero safety incidents, injuries, or fatalities reported in FY 2024–25, underscoring the Company’s strong commitment to employee safety.
• Commitment to Inclusivity & Human Rights: INOX India reported zero complaints related to workplace discrimination, harassment, child labour, or human rights violations during the reporting period.