CHAIRMAN MESSAGE

OUR SUSTAINABILITY VISION

we care for a sustainable tomorrow

Our Sustainability Framework

(5 Pillar Framework)

Eco efficiency

 

  • Energy and Climate Change
  • Material Efficiency
  • Water Convervation
  • Waste Management

Responsible Value Chain

 

  • Sustainable Procurement
  • Customer Satisfaction

Product Stewardship

 

  • Environmental Impact of products
  • Product Innovation

People

 

  • Safe Workplace
  • Skill Development
  • Talent Recruitment & Retention
  • Diverse Workforce

Inclusive Growth

 

  • Community Engagement and Development
  • Customer Awareness

SUSTAINABILITY APPROACH

create

 

At Hero MotoCorp, Our approach to a rapidly expanding global marketplace is guided not only by our insight into consumers’ needs and expectations, but also by our conviction that sustainability is the right compass to tackle long-term strategic business goals.

 

We are on our journey towards a sustainable future, and invite all our stakeholders to become a part of this long, rewarding journey.

*Unaudited Figures

SUSTAINABILITY GOVERNANCE STRUCTURE

Dr. PAWAN MUNJAL

Executive Chairman & Whole-time Director

MR. PRADEEP DINODIA

Non- Executive Director

PROF. JAGMOHAN SINGH RAJU

Non- Executive and Independent Director

MS. TINA TRIKHA

Non- Executive and Independent Director

MR. VIKRAM KASBEKAR

Executive Director

MS. REEMA JAIN

Non-Executive Director

MR. MIKE CLARKE

Chief Operating Officer & Chief Human Resources Officer

BS YADAV

Mentor

NIHAL KAUL

Head- Sustainability

ANUPAM KUMAR

Sustainability Champions

GURPREET KAUR

Sustainability Champions

Hero MotoCorp's Ambitious Targets on Sustainability (HATS)

100% Carbon Neutral Operation by 2030

*Scope 1+2 reduced by 37% against beeline year

100% Waste Neutral Facility by 2025

*7 out of 8 facilities are Zero to Water to Landfill Certified

500% Water Positive by 2025

*405% water positive facility by FY23

30% Gender Diversity by 2030

Achieved 30% diversity in board *9.7% of our women workforce

 

100% Product Recyclability by 2030

97% for ICE
95% for EV

 

100% Green Dealership by 2030

Green Dealership program (Green Energy, Green Product and Green Process)

SUSTAINABILITY JOURNEY

Sustainability is in the heart of Hero MotoCorp since its inception. Earlier, our primary focus was on environmental conservation, but in the last five years, we have accelerated our focus on Social and Governance aspect through structured approach with constant focus on stakeholder welfare.

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Select Year

2023

  • VIDA Launch
  • Carbon Neutral Events Organized
  • Sustainable Procurement Guideline signed by 100% direct supply chain partners
  • CII ITC Outstanding Corporate Excellence Award 2022
  • Included in Bloomberg Gender Equality Index (GEI)

2022

  • Sustainability Policy rolled out
  • Released 1st BRSR as per SEBI mandate
  • Sustainable Partner Development Program (SPDP) rollout
  • Hero MotoCorp commended by the Economic Times as ‘Best Workplace for Women 2021’
  • Centre of Innovation & Technology - First R&D Centre to be certified as “GreenCo Platinum” by CII

2021

  • Re-visited Materiality with inputs from 2527 stakeholders
  • Extensive Peers Benchmarking
  • Mahatama Award to Hero MotoCorp Ltd for CSR Excellence
  • Neemrana Plant awarded "Most Innovative Environmental Project" by CII
  • Haridwar and Vadodara Plants are certified as Zero Waste to Landfill facilities.

2020

  • Hero Ambitious Targets (HATS) 2020 Concluded
  • Winner of Global Centre for Healthy Workplaces Award 2019
  • National Winners at 3rd edition of CII ANVESH 2019
  • Excellence in access control management at IFSEC India Awards
  • Daruhera and Gurgaon Plants are certified as Zero Waste to Land fill facilities.

2019

  • 1st Sustainability Report as per GRI framework
  • CII ITC Domain Excellence in Environment & CSR
  • ET now: Best Green Excellence Sustainability Award
  • CII environment best practice award: GVDPmost innovative project
  • Neemrana Plant and GPC – first facilities to be certified as Zero Waste to Landfill facilities.

2016-18

  • Stakeholder Engagement
  • Green Partner Development Program (GPDP) 
  • Platinum Rating (Hero MotoCorp Neemrana) CII GreenCo
  • Platinum Rating for Vadodara Plant CII IGBC
  • Two-wheeler Manufacturer of the Year NDTV Car & Bike Awards

1984

  • SUSTAINABILITY starts with US at Hero MotoCorp Limited.

GREEN INITIATIVES

GREEN MANUFACTURING

Our manufacturing facilities are based on the core principle of sustainable development, as the Company remains committed to maintaining the highest ecological standards.

Sustainable Value Chain Programs

At HMCL, we have been taking actions to improve environmental, social, and economic aspects of our value chain as it has a significant impact on our business growth.

EXPLORE

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SUSTAINABILITY REPORT

We publically disclose our Environment, Social and Governance progress through Sustainability report, it shows our commitment to the transparency.

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SUSTAINABILITY ACHIEVEMENTS

HMCL has own various sustainability awards that includes but not limited to Golden Peacock Award, CII ITC Corporate Excellence Award 2022 etc.

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KEY POLICIES

A company that believes in maintaining ecological standards along with business standards.

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