Environmental, Social and Governance

In our pursuit of environmental responsibility, we have launched a strategic initiative focused on reducing our direct emissions (Scope 1) and emissions from purchased energy (Scope 2). As part of our long-term ESG objectives, we are committed to achieving a 30% reduction in our Scope 1 and Scope 2 emissions by the end of 2030, compared to FY22 as the baseline year.

Furthermore, we are dedicated to enhancing the sustainability of our operations by ensuring a minimum of 20% of the energy consumption derives from renewable energy, generated by the company (or on our behalf), by 2030.

At Exide, we are committed to environmental stewardship and are taking decisive steps to manage pollution across our operations. We are in the process of developing a comprehensive Pollution Management Policy for pollution reduction with plans to have it fully established by the end of FY25 and implemented by the end of FY26. This policy will guide the establishment of enhanced operational control procedures to ensure compliance with our environmental standards. In addition, we are creating a robust reporting and data collection system. This system will enhance our ability to analyze data and make informed decisions, supporting our efforts to establish targets for reducing emissions of lead and sulfate.

We are dedicated to minimizing our environmental impact through meticulous resource control, including water consumption and waste management.

By operating three advanced lead acid battery recycling centres in Europe, we help conserve natural resources and reduce environmental impact.

All of the recovered lead is reused in the production of new batteries. This closed-loop system ensures that valuable materials, like lead, are continuously reused, significantly reducing the need for virgin raw materials.

At Exide, occupational health and safety are of utmost importance. We are committed to fostering a strong safety culture striving for zero harm in all operations, benefiting not only our employees but also our suppliers, customers, stakeholders, and society at large. Comprehensive health and safety policies, supported by a proactive approach of preventing occupational risks, ensure adherence to the regulations of each country we operate in. Our manufacturing sites are predominantly ISO 45001 certified, reflecting our robust occupational health and safety culture and the proactive risk mitigation. 

We are committed to promoting and protecting human and labor rights in all our operations maintaining a work environment free from modern slavery in our operations and those of our business partners. We recognize the importance of eradicating child labor, forced labor, and human trafficking, and we are committed to implementing practices that prevent these violations throughout our organization and in our supply chain. Our policy on the prevention of child labor, forced labor and human trafficking establishes our baseline principles and the steps we take to help ensure modern slavery and human trafficking do not occur in our business and our supply chain.

Exide Technologies, along with its subsidiaries, is dedicated to promoting equality, diversity, and inclusion within our workforce. We are committed to fostering a workplace culture that values and respects individual differences, ensuring that all employees feel accepted and respected. Our goal is to have a workforce that reflects the diversity of society and our customer base, enabling each employee to perform at their best.

We hold a deep respect for ethical business conduct and passionately believe in operating with integrity and transparency. Our operations are guided by a Code of Ethics and Business Conduct that embodies our core values of integrity, honesty, respect for human dignity, openness, and non-discrimination regardless of religion, ideology, gender, or ethnicity across the entire value chain. Also, we closely monitor our value chain to ensure compliance with our stringent Supplier Code of Conduct and our policy on the prevention of child labor, forced labor and human trafficking which covers labor rights, health and safety, environmental stewardship, and business ethics.

Exide’s Code of Ethics and Business Conduct is the cornerstone of our commitment to fostering a healthy business environment. By establishing clear guidelines for honesty, integrity, and legal compliance, the Code ensures that all business dealings are conducted ethically and responsibly. It applies universally to our directors, officers, and employees, setting the standard for behavior that promotes trust and respect within the company and in our interactions with partners and communities. The Code also extends to third parties representing Exide, requiring adherence to these principles to maintain the integrity of our operations. In essence, the Code is a blueprint for building a sustainable and reputable business that positively impacts all stakeholders.

Find more details in our compliance section.