Regulatory Filing Details

Filing Reference: PDS/SE/2026-27/62 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Key Quantitative Metrics

Environmental Performance

  • GHG Emissions: Scope 1: 6,401.09 tCO₂e, Scope 2: 5,228.90 tCO₂e, Scope 3: 784,092 tCO₂e (FY2024 base year)
  • Energy Consumption: Total 84,712.83 GJ (Renewable: 6.3%, Non-Renewable: 93.7%)
  • Water Management: Total withdrawal 222,478.83 kl, Consumption 182,509.12 kl, Discharge 39,969.71 kl
  • Waste Management: Total waste generated 1,110.26 MT (Hazardous: 0.98 MT, Non-Hazardous: 1,082.76 MT)
  • Renewable Energy: 1.68 million kWh clean energy generated Group-wide

Social Performance

  • Workforce: Total 10,283 (4,371 employees + 5,912 workers)
  • Gender Diversity: 58% women in workforce (73% women in manufacturing)
  • Training: 21,789 training instances, 2.23 average hours per employee
  • Supplier Engagement: 178 supplier factories engaged, 1,097 participants trained in ESG programs
  • Community Impact: 211+ students supported through education initiatives, 248+ vocational training enrolments

Certifications & Achievements

  • LEED Zero Carbon certification for GoodEarth Apparels Gazipur facility (July 2024)
  • Great Place to Work certification in India and Sri Lanka
  • Presidential Environmental Merit Award 2025 for Norlanka Manufacturing
  • LACP Spotlight Awards 2025 Gold Award for reporting quality
  • ESG Horizons: Now and Next 2026 recognition by Dun & Bradstreet

Science-Based Targets Initiative (SBTi) Commitments

  • Net-Zero Target: Commit to achieve net-zero GHG emissions across value chain by FY2050
  • Near-Term Targets: Reduce absolute Scope 1 and 2 emissions by 42% and Scope 3 by 25% by FY2030 from FY2024 base year
  • Long-Term Targets: Reduce absolute Scope 1, 2, and 3 emissions by 90% by FY2050

Global Operations Overview

  • Geographic Presence: Operations across 22 countries including India, Bangladesh, Sri Lanka, UK, US, Turkey, China
  • Manufacturing Facilities: 4 major facilities (2 in Bangladesh, 1 in Sri Lanka, 1 in India) including LEED Gold-certified units
  • Customer Base: 250+ global brands across apparel, accessories, footwear, and home categories

Business Vertical Performance Metrics

Design COE Limited (North America)

  • Scope 2 Emissions: 43.94 tCO₂e
  • Recycled Material: 6.5%
  • Energy Consumption: 262.94 GJ
  • Workforce Diversity: 13.5% female, 86.5% male

Zamira Fashion Ltd. (Denim Specialist)

  • Scope 1 Emissions: 35.64 tCO₂e, Scope 2: 117.64 tCO₂e
  • Recycled Material: 5.18%
  • Energy Consumption: 1,217.76 GJ
  • Workforce Diversity: 24.4% female, 75.6% male

Progress Apparels (Bangladesh) Ltd.

  • Scope 1 Emissions: 3,765.94 tCO₂e, Scope 2: 2,005.61 tCO₂e
  • Recycled Material: 32%
  • Production Capacity: ~900,000 garments per month
  • Workforce Diversity: 73.4% female, 26.6% male

Norlanka Manufacturing Ltd. (Sri Lanka)

  • Scope 1 Emissions: 99.30 tCO₂e, Scope 2: 649.11 tCO₂e
  • Energy Consumption: 6,952.46 GJ
  • Water Consumption: 14,849.12 kl
  • Workforce Diversity: 61.7% female, 38.3% male

PDS Ventures Innovation Platform

  • Portfolio Companies: 77 active investments across sustainability and fashion innovation
  • Investment Focus: Traceability, circular solutions, manufacturing processes, tech enablers, material science
  • Key Partnerships: Global Fashion Agenda Trailblazer Programme, collaboration with Walmart and Unspun for 3D weaving technology
  • Notable Achievement: Synflux named Trailblazer Programme 2026 winner for AI-driven waste reduction software

Governance Structure

  • Board Composition: 8-member Board with 25% female representation
  • ESG Oversight: Board-level ESG committee with dedicated leadership team
  • Compliance: Zero statutory non-compliance cases, NAVEX-enabled whistleblower mechanism with zero pending cases
  • Policies: Comprehensive Anti-Bribery, Anti-Corruption, POSH, and Tax policies implemented

Materiality Assessment

Identified 12 material topics including:

  • Human Rights
  • GHG Emissions
  • Energy Management
  • Water Management
  • Supply Chain Management
  • Circular Economy
  • Business Ethics and Integrity

Reporting Frameworks Alignment

  • Global Reporting Initiative (GRI) Standards: Full alignment with GRI reporting requirements
  • SEBI BRSR: Compliance with Business Responsibility and Sustainability Reporting requirements
  • UN Global Compact: Alignment with Ten Principles across human rights, labor, environment, anti-corruption
  • UN SDGs: Support for multiple Sustainable Development Goals through various initiatives

Financial Impact Considerations

The report contains forward-looking statements subject to risks and uncertainties. No specific financial impact quantification provided for sustainability initiatives, but notes continued benefits from earlier investments in solar installations, biomass boilers, and rainwater harvesting systems.