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Building a greener tomorrow

Our Vision

To create and lead sustainable practices, across environmental, social and governance initiatives, delivering outstanding stakeholder value’

Sustainability Report

  • FY 2023-24

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  • FY 2022-23

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  • FY 2021-22

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  • FY 2020-21

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  • FY 2019-20

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  • FY 2018-19

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  • FY 2017-18

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  • FY 2016-17

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Sustainable Mobility

Our Major accomplishments

Ashok Leyland’s foray into clean mobility is fueled by our proficient Product Development teams (including the one at Switch Mobility, our subsidiary) conceptualizing and displaying 12 new, innovative, green truck and bus models at the January 2023 Auto Expo.

We have already put more than 750 electric buses on road covering more than 50 million green kilometers. We recently unveiled the country’s category-first electric light commercial vehicles, which would go to the market in Q4 of this fiscal.

We just delivered our first Hydrogen Fuel Cell Electric Bus which would also be India’s first fuel cell bus to ply commercially on Indian roads for public transport.

We will soon be opening a greenfield bus plant in Uttar Pradesh, India, where our prime focus would be to build electric buses and other clean vehicles for markets in northern and eastern India.

ESG Ratings

  • iconMSCI

    Grade: A

  • iconSUSTAINALYTICS

    14.5 (Low Risk)

  • iconREFINITIV

    67/100, MSCI BBB

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Checkout our detailed breakdown of company ESG Profile

ESG Focus Area

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Environment

Carbon Neutrality, Water Positivity, Resource Efficiency
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Social

DEI, CSR, Health and Safety, Fair Labour Practices
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Governance

Board Independence and Practices, Global Compliances, Disclosure

ESG Policy

Ashok Leyland has a well defined ESG Policy. Objective of ESG policy is to foster the identification, mitigation, and management of ESG-specific risks and opportunities through
  • Environment: Fostering healthy ecosystems
  • Social: Enabling value driven opportunities
  • Governance: Ensuring Resilient Growth
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DEI

  • The all-women production line at our Hosur plant stands as a testament to our diversity efforts. A new women-centric line, recently inaugurated at our Pantnagar plant is another feather in our cap
  • 40% Gender Diversity in GET Hiring Policies promoting and facilitating women at workplace
  • Our ‘Parivartan’ campaign, encourages women to enter the male dominated field of heavy vehicle driving

Renewable Energy

  • Strong Progress on AL’s Renewable Footprint (57% in FY23)
  • 37 % from Solar and 20 % from Wind
  • 10.14MW Rooftop solar capacity and 75 MW Solar park
  • 30MW Solar capacity augmentation under progress
  • Signed up for RE100

Our Communities

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