ESG Approach
Balancing Innovation WITH RESPONSIBILITY
Guided by a commitment to responsible progress, we integrate Environmental, Social, and Governance (ESG) principles into every aspect of our operations. This focus drives lasting impact, creating value that supports communities, protects the planet, and builds a better future for all.
Environment
For us, engineering and environmental stewardship go hand in hand. By delivering energy-efficient gear solutions and smart material handling systems, we actively contribute to the global transition towards lower emissions and reduced consumption of natural resources. Demonstrating our commitment, we received approval for our Near-Term Science-Based Targets (SBTs) from the Science Based Targets initiative (SBTi) on January 6, 2025.
18.7 MW
Wind and Solar Energy Installed
7 MW
Wind and Solar Energy (Under Commissioning)
60 %
Total energy needs sourced through renewable energy
95 %
Lighting infrastructure converted to LED systems
Social
Elecon remains committed to responsible growth by investing in its people and contributing to the society. We foster skilled, diverse workforce through long-term development and leadership initiatives, while maintaining a zero-fatality workplace supported by robust health and safety measures. Our social outreach extends to healthcare, education, sports, and community welfare, reflecting our belief that sustainable progress includes meaningful impact beyond the business.
250 +
Development Programmes Conducted
15,000 +
Total Training Hours
3,200 + workforce hours
SHE training
523.97 Lakhs
CSR Spend
Governance
At Elecon, corporate governance is a continuous journey centred on integrity, transparency, and accountability. With a balanced Board of experts, top-level executives, and skilled professionals, supported by robust systems, we ensure ethical conduct across our operations. Our commitment to strong governance, beyond mere policies, drives our growth while considering the well-being of all stakeholders. We uphold ethical conduct through proactive risk management, open communication, and regular audits—reinforced by key policies such as our Code of Conduct, Whistleblower, Risk Management, and Insider Trading policies. Governance at Elecon isn’t just compliance—it’s a driver of long-term value.
4
Independent Directors
3
Non-Independent & Non-Executive Directors
1
Executive Director