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Greenply Industries Releases Sustainability Report for FY 2024-25

Greenply Industries Limited

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January 19, 2026, 06:22 AM

Greenply Industries released its FY 2024-25 Sustainability Report. The report details ESG performance across its operations, aligning with GRI and BRSR frameworks. Key initiatives include a 1 MW solar system, ESP installation, and rainwater harvesting. The company has planted over 50 million saplings, aiming for 100 million by 2028. Greenply received the Skoch Silver Award for ESG.

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Greenply Industries Limited has submitted its Sustainability Report for the financial year 2024-25. The report, prepared in alignment with the Global Reporting Initiative (GRI) 2021 Standards and the SEBI-mandated Business Responsibility and Sustainability Report (BRSR) framework, provides a comprehensive overview of the company's environmental, social, and governance (ESG) performance.

The report details Greenply's consolidated performance across its corporate office and three manufacturing units: Kriparampur, Rajkot, and Tizit, along with its subsidiaries Greenply Sandila Pvt. Ltd. (GSPL) and Greenply Speciality Panels Pvt. Ltd. (GSPPL). The reporting period covers April 1, 2024, to March 31, 2025.

Key highlights from the report include the message from the Chairman & Managing Director, Mr. Rajesh Mittal, emphasizing the company's commitment to responsible growth, innovation, and environmental stewardship amidst market challenges. He noted the expansion into complementary product categories and the significant milestone of crossing 50 million saplings in their plantation program. The JMD & CEO, Mr. Manoj Tulsian, detailed specific ESG initiatives such as the commissioning of a 1 MW rooftop solar system at the Sandila facility, installation of an Electrostatic Precipitator (ESP) in a boiler, and a rainwater harvesting system. The company is progressing towards its target of planting 100 million saplings by 2028 and received the Skoch Silver Award in the ESG Category (2024).

The report also outlines Greenply's business model, product portfolio including plywood, MDF, and PVC boards, and its manufacturing presence across India. Strategic pillars of excellence focus on environmental initiatives like renewable energy integration, energy efficiency, and circularity in wood waste, alongside social initiatives such as livelihood generation and CSR activities, and governance practices like ESG360 integration and BRSR compliance.

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