Kansai Nerolac Paints Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This report, mandated for top listed companies, details the entity’s commitment to ethical governance, environmental stewardship, and social well-being. Key disclosures cover operational data, employee well-being, stakeholder engagement, and environmental impact, reflecting the company’s proactive approach to sustainable business practices.
Submission of Business Responsibility and Sustainability Report
Kansai Nerolac Paints Limited (KNPL) has formally submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ending 31st March, 2026. This submission is in compliance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Report Highlights and Scope
The BRSR provides a comprehensive overview of KNPL’s performance across various sustainability and responsible business conduct parameters. The report is presented on a standalone basis, covering the entity’s operations and initiatives.
Key Disclosure Areas
- General Disclosures: Includes details of the listed entity, its corporate identity, year of incorporation, registered and corporate addresses, contact information, and website. The reporting financial year is 1st April, 2025, to 31st March, 2026.
- Operations: Details the number of plants and offices, market reach, and customer base. KNPL serves a diverse customer base across residential, commercial, industrial, and government segments.
- Employees: Provides a breakdown of employees and workers by gender, including permanent and other than permanent categories, with details on differently-abled employees and workers.
- Holding, Subsidiary, and Associate Companies: Lists entities like Kansai Paint Co., Ltd. (Japan) and KNP Japan Private Limited.
- CSR Details: Confirms CSR applicability and provides turnover and net worth figures.
- Transparency and Disclosures: Outlines the company’s approach to stakeholder grievances, including mechanisms for communities, investors, shareholders, employees, and customers.
- Responsible Business Conduct Issues: Identifies material issues such as decarbonisation, resource use (water management), quality of life (human rights), diversity, inclusivity, and governance, along with associated risks, opportunities, and financial implications.
- Management and Process Disclosures: Details policies and management processes aligned with the National Guidelines on Responsible Business Conduct (NGRBCs), covering ethics, product responsibility, human resources, and environmental efforts.
- Principle-Wise Performance: Elaborates on performance against NGRBC principles, including training programs, legal compliance, and specific disclosures related to ethical conduct, product safety, human resources, stakeholder responsiveness, environmental efforts, public policy, inclusive growth, and customer engagement.
- Environmental Impact: Covers energy consumption (renewable and non-renewable sources), water withdrawal, consumption, and discharge, air emissions (NOx, SOx, PM), and waste management practices, including recycling and disposal.
- Greenhouse Gas Emissions: Reports on Scope 1, Scope 2, and Scope 3 emissions, along with intensity metrics, and details initiatives for reducing GHG emissions.
- Value Chain Partner Assessment: Includes assessments of suppliers on health and safety practices and working conditions.
Commitment to Sustainability
KNPL’s commitment to sustainability is further underscored by its initiatives in waste management, hazard reduction, and responsible sourcing. The company actively engages with its value chain partners to promote sustainable practices and ensure compliance with environmental and social standards.
The report also details the company’s approach to consumer engagement, product recalls, cybersecurity, and data privacy, ensuring a responsible and transparent relationship with its customers.
The Business Responsibility and Sustainability Report for the financial year 2025-26 is enclosed with this submission for record.
Source: BSE
