Century Plyboards India Limited released its Sustainability Report 2024-25, reaffirming its commitment to environmentally responsible practices. The report highlights the company’s efforts in responsible sourcing, energy conservation, and community engagement. Initiatives include sourcing 98% of timber from agroforestry, reducing emissions, and contributing to social welfare. The company focuses on long-term value creation for people, planet, and profit, embedding sustainability into its business strategy and operations.
Sustainability at Century Plyboards
Century Plyboards India Limited has released its Sustainability Report for FY 2024-25, showcasing its commitment to environmental and social responsibility. The report highlights various initiatives and achievements in key areas of sustainability. The report was prepared with reference to the Global Reporting Initiative (GRI) 2021 Standards.
Commitment to Responsible Sourcing
The company sources approximately 98% of its timber through agro-forestry, a regenerative model. This approach enhances biodiversity, improves soil health, and supports thousands of farmer households across India. CenturyPly is also distributing saplings to farmers, helping strengthen livelihoods and promoting green cover.
Energy and Emissions Reduction
CenturyPly is expanding the use of renewable energy sources such as biomass and solar across its operations. The company has installed roof-top solar plants across all its manufacturing units and commissioned a 3 MW solar plant at Hoshiarpur, with further capacity under evaluation. The use of renewable electricity accounted for 19% of total electricity consumption.
Social Initiatives
The Company’s CSR initiatives focus on environmental sustainability, education and livelihood enhancement, healthcare and hygiene and social equity. Flagship programs include Vatavaran Sanrakshan, Gyanoday, Swasthya aur Swachhata, and Samajik Kalyan.
Financial Highlights
The standalone revenue from operations was ₹ 4,068 crore, a growth of 8%. EBITDA stood at ₹ 524 crore with a margin of 13%. The Profit After Tax (PAT) was ₹ 285 crore. Export value for the company is ₹ 14,665 Lakhs.
Source: BSE
