Date: 2nd June, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Auditor’s Report

  • Independent assurance provided by M/s. BSR & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022)
  • Reasonable assurance opinion on BRSR Core parameters for period 1st April 2025 to 31st March 2026
  • Limited assurance conclusion on select sustainability disclosures in BRSR Report
  • Reporting boundary based on sustainability information for entities considered for consolidated financial statements, excluding two partly owned subsidiaries and 10 step-down subsidiaries

Disinvestment / Strategic Actions

Not Specified

CEO Statement by Priya Nair

  • HUL's strategy anchors growth and responsibility together
  • Focus on four sustainability pillars: Climate, Nature, Plastics, and Livelihoods
  • Manufacturing operations achieved 99% reduction in CO2 emissions per tonne of production (vs 2008 baseline)
  • 58% reduction in water usage (cubic metre per tonne of production) vs 2008 baseline
  • 53% reduction in total waste generated per tonne of production vs 2008 baseline
  • All manufacturing sites are coal-free with 100% renewable electricity
  • Collaboration with Tuticorin Alkali Chemicals for low-GHG soda ash production via carbon capture
  • Founding member of RECEIC (G20 initiative) for bio-based and renewable ingredients
  • Project Circular Bharat scaled across 10+ cities with 25+ partners
  • Partnership with NITI Aayog's Atal Innovation Mission and NSRCEL IIM-Bangalore to accelerate 50 circular economy startups
  • Chhindwara and Hosur sites earned Alliance for Water Stewardship Platinum certification
  • Hindustan Unilever Foundation enabled cumulative water conservation potential of over 4.5 trillion liters since 2010
  • 97% deforestation-free supply chain in palm oil, paper and board, tea, soy and cocoa
  • Project Shakti continues women's empowerment in rural India
  • Prabhat initiative impacted over 120 lakh people across 12 states and 2 union territories over 12 years
  • SAFAL benefited 3.2 lakh young people in 21 states
  • Suvidha urban hygiene model serves over 6 lakh people across 24 centres in Mumbai
  • MoU signed with Ministry of Housing & Urban Affairs for national replication

Executive Summary

  • BRSR adheres to nine principles of SEBI sustainability reporting framework
  • ESG Committee integrated with CSR Committee, renamed CSR-ESG Committee
  • Continued focus on Climate, Nature, Plastics, and Livelihoods priorities

Other Operational / Legal / Strategic Disclosures

Section A: General Disclosures

  • Year of incorporation: 1933
  • Financial year: 1st April, 2025 to 31st March, 2026
  • Paid-up capital: ₹235 crores
  • Contact: Radhika Shah, Company Secretary (+91 (0)022-5043 2790/32516/32754, levercare.shareholder@unilever.com)
  • Reporting on consolidated basis covering wholly-owned subsidiaries
  • 100% turnover from FMCG manufacturing (soaps, detergents, cosmetics, toiletries, packaged foods)
  • 38 locations nationwide (25 plants, 13 offices)
  • Exports contribute 2.6% of total turnover
  • Employee data: 7,499 employees (31.4% female), 17,490 workers (8.1% female)
  • Diversity: 44% gender diversity at managerial base, 33.3% women on Board, 66.7% women in KMP
  • Turnover rate: Permanent employees 18.4%, permanent workers 5.6%
  • CSR applicable under Section 135 of Companies Act, 2013
  • Turnover: ₹63,493 crores (excluding Unilever Nepal and Uprising Science Private Limited)
  • Net worth: ₹49,223 crores (HUL Standalone)

Material Responsible Business Conduct Issues

1. Resource use and Circularity (Risk) - Addressing plastic waste through EPR compliance and circular economy models

2. Biodiversity and Ecosystem Health (Risk) - Sustainable sourcing program for 12 key crops, tea industry collaboration

3. Climate Change (Risk) - Renewable energy investments, product reformulation, 49% energy consumption reduction per tonne since 2008

4. Water Security and Management (Risk) - 58% water usage reduction in manufacturing, AWS certification, community water programs

5. Pollution (Risk) - Zero non-hazardous waste to landfill, 23/25 factories achieve Zero Liquid Discharge

6. Diversity, Equity, and Inclusion (Opportunity) - Equal Opportunity Policy, accessibility certifications

7. Talent Retention (Risk) - Employer branding, talent management processes

8. Human Rights, Fair Work, and Responsible Sourcing (Risk) - Human Rights Policy, Responsible Partner Policy, living wage commitment

9. Business Ethics and Conduct (Opportunity) - Code of Business Principles, integrity framework

Section B: Management and Process Disclosures

  • CSR-ESG Committee composition: Tarun Bajaj (Chairperson), Neelam Dhawan, Ranjay Gulati (all Independent Directors)
  • Policies cover all National Guidelines on Responsible Business Conduct principles
  • Code of Business Principles and Responsible Partner Policy extend to value chain partners
  • Regular review of policies by CSR-ESG Committee (half-yearly) and Audit Committee (quarterly)
  • Internal audit process covers working of all key policies

Section C: Principle-wise Performance Disclosure

Principle 1: Ethics and Transparency
  • 100% of Board and KMP covered by ESG awareness programs
  • 87.3% employees and 91.7% workers covered by training
  • No material fines/penalties during FY 2025-26
  • Anti-corruption policies in place under Code of Business Principles
  • No complaints regarding conflict of interest
  • Accounts payable days: 103 days (FY 2025-26)
  • 99.5% value chain partners covered by awareness programs
Principle 2: Sustainable Products
  • 13.1% of R&D investment in environmental and social improvements
  • 15.2% of CAPEX on environmental and social projects
  • 64.5% of key crops sourced sustainably
  • EPR applicable and compliant with CPCB guidelines
  • 9.4% recycled plastic packaging used (vs 6.1% in FY24-25)
  • Purchased 2,61,214 tonnes of EPR credits, covering 203.2% of plastic packaging footprint
Principle 3: Employee Well-being
  • 100% coverage of health insurance, accident insurance for permanent workers
  • 100% maternity benefits for female workers, 100% paternity benefits for male workers
  • 99.9% day-care facilities coverage for permanent workers
  • 100% PF and gratuity coverage for employees and workers
  • 33 differently-abled employees, 100 differently-abled workers
  • Return-to-work rates: 91.9% (employees), 100% (workers)
  • Retention rates: 97.2% (employees), 98.4% (workers)
  • Grievance mechanisms available through Convercent portal
  • Lost Time Injury Frequency Rate: 0.06 for workers (per million person hours)
  • 1 worker fatality during FY 2025-26
Principle 4: Stakeholder Engagement
  • Key stakeholders: Consumers, Suppliers & Business Partners, Employees, Shareholders, Planet & Society, Customers
  • Ongoing engagement through multiple channels
  • Stakeholder consultation used for materiality assessment and policy development
Principle 5: Human Rights
  • 87.3% employees and workers provided human rights training
  • All permanent employees and workers paid above minimum wage
  • Median remuneration: BoD ₹75.6L (male), ₹65.0L (female); KMP ₹490.8L (male), ₹775.6L (female)
  • Gross wages paid to females: 23.5% of total wages
  • 11 POSH complaints reported (0.3% of female employees/workers), all upheld
  • No complaints on discrimination, child labor, forced labor, or wages
  • 100% assessment of plants and offices on human rights parameters
Principle 6: Environmental Protection
  • Total energy consumption: 36,51,354 GJ (97% from renewable sources)
  • Energy intensity: 57.5 GJ/₹crore turnover, 1.09 GJ/tonne production
  • Water withdrawal: 29,41,136 kL, consumption: 29,08,019 kL
  • Water intensity: 45.8 kL/₹crore turnover, 0.87 kL/tonne production
  • Water discharge: 33,117 kL (all treated, sent to third parties)
  • GHG emissions: Scope 1 - 7,054 tCO2e, Scope 2 - 0 tCO2e (net after IREC credits)
  • Emission intensity: 0.11 tCO2e/₹crore turnover, 0.002 tCO2e/tonne production
  • Scope 3 emissions: 105.36 lakh tCO2e (in scope of Net Zero ambition)
  • Waste generated: 111,684 MT (53% reduction per tonne vs 2008 baseline)
  • Waste recovered: 110,860 MT (recycling, reuse, other recovery)
  • Waste disposed: 824 MT (incineration and landfilling)
  • 23 out of 25 factories achieve Zero Liquid Discharge
  • Compliant with all applicable environmental laws
Principle 7: Policy Advocacy
  • Member of 10 trade and industry associations including FICCI, CII, IBHA, PAFI
  • No adverse orders related to anti-competitive conduct
  • Policy advocacy conducted transparently through industry associations
Principle 8: Inclusive Growth
  • No Social Impact Assessments or Rehabilitation & Resettlement projects required
  • 25.8% inputs sourced directly from MSMEs/small producers
  • 99.0% inputs sourced directly from within India
  • Wage distribution: Rural 32.0%, Semi-urban 7.3%, Urban 6.2%, Metropolitan 54.5%
  • CSR projects in 84 aspirational districts with investment of ₹25.62 crores
  • CSR beneficiaries: Prabhat (12.75 lakh), Suvidha (6.00 lakh), HUF (4.53 lakh), Shakti (4.11 lakh)
Principle 9: Consumer Responsibility
  • Consumer complaint mechanisms: Toll-free (1800-120-2088), email, WhatsApp
  • 100% products carry environmental, social, safety, and disposal information
  • 2 advertising complaints received during year, all resolved
  • No product recalls, data breaches, or cybersecurity incidents
  • Comprehensive cybersecurity and data privacy policies in place
  • Privacy Notice disclosed, Data Privacy Officer appointed
  • Multiple channels for consumer information access