Natural Capital

At Bajaj Electricals, our eco-conscious efforts are leveraged by responsible practices, designed to strengthen the foundation of a viable future. With a focus on demonstrable and scalable results, we remain focused on natural resource and water conservation, waste management and afforestation drives to ensure fruition of our plans.

Material topic linkage

  • Energy management
  • Water management
  • Waste Management and recycling

UN SDG linkage:

Through the widespread adoption of solar panels, we harness the power of renewable energy while reducing our carbon footprint. We have also set targets to reduce Scope 1 and Scope 2 emissions, ensuring that our operations align with global climate goals. Targeted interventions are in place to monitor and control waste generation from our facilities, as we actively embrace our responsibility as an extended producer. Additionally, efficient water management practices are at the forefront of our agenda, ensuring the sustainable use of this vital resource. Through our different sustainability initiatives, we are contributing to a greener future.

Energy management

We are actively encouraging the adoption of solar panels as a sustainable and eco-friendly energy solution, aiming to transition from non-renewable sources to renewable energy. Through this approach we support the preservation of our environment and aim to reduce the carbon footprint associated with traditional energy generation methods.

Aligned with India’s net zero ambition, we have increased our reliance on renewable sources of energy. We have installed solar facilities at our Ranjangaon and Chakan facilities during FY 2023. The capacity of the Chakan plant has been increased to 605 KWP. During the current fiscal year, a 437 KWP rooftop solar system was also installed at Nirlep and a 791 KWP rooftop solar system was installed at the Ranjangaon unit.

We have also installed variable frequency drive (VFD) to control the speed of electric motors by varying its input voltage. For smooth operation of motors, we have implemented VFDs in motor-driven systems to enable, energy savings of up to 50% or more, depending on the specific application and operating conditions. The ability to precisely control motor speed, optimise energy usage at partial loads, and eliminate unnecessary mechanical control devices are key factors that contribute to energy efficiency when using VFDs.

Solar

2,138 KWP

Installed renewable capacity

Wind

2,800 KW

Installed renewable capacity

GHG emissions

To limit our environmental footprint, we are consistently monitoring our Scope 1 and Scope 2 emissions, with an aim to automate the entire process. We also strive to measure emission levels on a monthly basis and based on the analysis, strategies and corrective action will be taken. We have set a target to reduce specific Scope 1 and Scope 2 emission by at least 2%, by FY 2025.

2,138 KWP

Installed solar energy capacity

Waste generation

As a manufacturer of consumer electrical goods, we acknowledge that our products can become an environmental liability if they are not disposed properly at the end of their life cycle. Our products are wrapped in plastic packaging and some of our products contain batteries that have a significant impact on the environment. As a result, we have undertaken targeted interventions to monitor and control waste generation from our facilities. Along with efforts to minimise waste, we have also adopted an innovative approach to implement novel ideas that can contribute towards our goal of efficient waste management.

We have successfully redirected over 99% of our waste away from landfills through innovative practices and rigorous recycling efforts, effectively minimising environmental harm and maximising resource recovery.

5,568.15 MT

(4 manufacturing plants) Total waste generated in FY 2023

5,568.15 MT

Total waste treated

5,044.39 MT

Recycled waste

3.56 MT

(4 manufacturing plants) Waste treated through landfill

Bajaj Electricals collaborated with external agencies to meet the CPCB's Extended Producer Responsibility targets for e-waste, battery waste and plastic waste in FY 2023.

Proper waste disposal

To ensure proper disposal of waste, our R&D and packaging team is actively working on creating more sustainable products and solutions that generate less waste. We have also partnered with agencies to meet the Extended Producer Responsibility (EPR) targets for recycling. Additionally, we are developing a process for allowing end customers to easily deposit electrical products at designated collection centres at the end of their lifecycle. We plan to launch an awareness campaign for end-users and provide information on proper waste disposal methods through product brochures. Internally, we follow a proper waste disposal procedure to dispose hazardous and non-hazardous wastes, as per set guidelines.

We have bagged Golden Peacock Innovative Product award for developing sustainable product packaging.

Water management

We focus on efficient water management through a number of dedicated efforts to minimise water usage and conserve water. By recycling wastewater, we have ensured Zero Liquid Discharge from our Chakan unit. We have also integrated drip irrigation for gardening and taken initiatives to repair and change leaking pipelines at our facilities. Also, we regularly monitor and analyse water consumption to regulate water usage.

We are committed to conserve our water resources by building rainwater harvesting systems. These structures are intended to collect and store rainwater, which will then be used for various purposes within our operations.