Sterling and Wilson Renewable Energy Limited (SWREL) has released its Business Responsibility and Sustainability Report for FY 2025-26. The report, prepared on a standalone basis, details the company’s performance across environmental, social, and governance (ESG) parameters. Key highlights include progress in reducing GHG emissions, water conservation efforts, and a focus on employee well-being and safety. The company also outlines its commitment to ethical business practices and stakeholder engagement.
Business Responsibility and Sustainability Report 2025-26 Released
Sterling and Wilson Renewable Energy Limited (SWREL) has officially submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. This comprehensive report aligns with Regulation 34 of the SEBI Listing Obligations and Disclosure Requirements.
Company Overview and Operations
SWREL operates as an Engineering, Procurement, and Construction (EPC) solutions provider and offers Operations and Maintenance (O&M) services. The company’s core business activities contribute 100% of its turnover, primarily focused on the construction and maintenance of renewable power plants. SWREL’s operations span across 151 O&M sites and 24 EPC projects nationally, with an additional 10 O&M sites and 4 EPC projects internationally.
Employees and Workforce Details
As of the end of the financial year, SWREL employed a total of 3,589 permanent employees and 1,200 permanent workers. The company reported a total employee turnover rate of 31.50% for permanent employees. Efforts are in place to promote gender inclusion, with women representing 2.98% of total employees and 0.17% of total workers.
Environmental Performance
SWREL is actively engaged in reducing its environmental impact. Renewable energy consumption increased by approximately 1.7% year-on-year, reaching 169,051 GJ. Notably, Scope 2 emissions saw a significant reduction of approximately 52.7%, from 946.03 tCO₂e to 447.33 tCO₂e. Water conservation efforts resulted in an 11.7% reduction in total water consumption. The company is committed to achieving Zero Waste to Landfill by 2030 and Net Zero emissions by 2045.
Social Responsibility and Governance
The company maintains a strong commitment to occupational health and safety, with a zero fatality record for FY 2025-26. Training programs cover 100% of employees and workers on critical topics such as Human Rights, ESG, and HSE. SWREL enforces a zero-tolerance approach toward bribery and corruption, with no significant complaints related to unethical conduct or data privacy violations reported.
Stakeholder Engagement and Value Chain
SWREL actively engages with its stakeholders through various channels to understand their expectations and concerns. The company assesses 100% of its value chain partners for environmental impacts. Initiatives are in place to promote responsible sourcing, with approximately 85% of procurement value sourced from ESG-aligned and sustainable suppliers.
Independent Assurance
P Cube C Services LLP provided an independent, third-party reasonable assurance on SWREL’s BRSR Core Key Performance Indicators for the financial year ended March 31, 2026. The assurance covered the company’s global operations, including 151 domestic O&M sites, 24 EPC projects, and 10 international O&M sites.
Source: BSE
