ESG Into Every Watt We Generate

Powering progress with purpose and integrity.

Our Commitments

Environmental

We’re transitioning to 100% renewable energy by 2030, with net-zero emissions by 2050, by implementing green procurement, refrigerant management, recycling, biodiversity protection, and eco-efficient solar modules, all to minimise our carbon footprint and restore the natural balance.

Social
Governance

Our Key Initiatives

Waaree Energies is committed to sustainable growth by embedding environmental stewardship, social responsibility, and ethical governance into its core operations.

Eco-Friendly Refrigerants

Use of low-GWP refrigerants with regular maintenance to reduce environmental impact.

100% Renewable by 2030

On track for a complete renewable energy transition within this decade.

Green Procurement Compliance

Suppliers follow strict green procurement guidelines for materials and practices.

Low-Carbon Supply Chain

Prefer partners with minimal carbon footprints across their operations.

Clean Energy Sourcing

Strategically procure energy from greenhouse gas–friendly sources.

Smart Solar Design

Invest in R&D to build high-efficiency, energy-maximising solar modules.

Recycling in Action

Implement robust in-house recycling across facilities and processes.

Sustainable Commutes

Encourage public transport and EV usage among all employees.

Creating Value Across Every Capital

We drive long-term impact by leveraging our financial strength, advanced manufacturing capabilities, skilled talent, innovation, stakeholder trust, and sustainable practices, ensuring holistic growth through the balanced development of all our core capitals.

Waaree Sehat Fostering a healthier society with medical aid, nutrition support & essential amenities

Waaree Samarth Enabling self-reliance via tailoring, repairs & skill-building across community needs

Waaree Samarth Enabling self-reliance via tailoring, repairs & skill-building across community needs

Waaree Samarth Enabling self-reliance via tailoring, repairs & skill-building across community needs

Waaree Samarth Enabling self-reliance via tailoring, repairs & skill-building across community needs

Setting global benchmarks in solar module excellence

Our ESG Policies

Integrate environmental, social, and governance policies to achieve green procurement and net-zero goals.
Green Procurement Policy
Environmental Policy
Living Wage Policy
Fair Labour Practices Policy
Environment, Health & Safety Policy
Environment, Social & Governance Policy
Anti‑Sexual Harassment Policy & POSH Committee
Code of Conduct for Insider Trading & Fair Disclosure of Unpublished Price-Sensitive Information
Code of Business Conduct and Ethics
Anti‑Bribery & Corruption Policy
Green Procurement Policy
Environmental Policy
Living Wage Policy
Fair Labour Practices Policy
Environment, Health & Safety Policy
Environment, Social & Governance Policy
Anti‑Sexual Harassment Policy & POSH Committee
Code of Conduct for Insider Trading & Fair Disclosure of Unpublished Price-Sensitive Information
Code of Business Conduct and Ethics
Anti‑Bribery & Corruption Policy
Initiatives-bottom

Driving impact through UN SDG-aligned actions

At Waaree, our sustainability efforts are deeply aligned with the United Nations Sustainable Development Goals (UN SDGs). From supporting healthcare and education to promoting gender equality, clean energy, and ethical governance, we embed purpose into every action we take.

Our initiatives encompass offering efficient solar technologies (SDG 7, 9) and implementing fair labour practices (SDG 8, 10), as well as driving responsible consumption and climate action (SDG 12, 13). We foster inclusive growth, uphold human rights, and promote community well-being through CSR programmes, ensuring that our impact extends far beyond energy toward building a more equitable and sustainable future for all.

Anchored by Strong Governance Across ESG Material Issues

Our Key Stakeholders

We collaborate with stakeholders to foster trust, transparency, and long-term value through shared goals and responsible engagement.

Regulator and Government
Employees
Communities
Customers
Suppliers and Partners
Investors

Life Cycle Assessment & Environment Product Declaration

Waaree Energies Launches India’s First Verified EPDs for Solar Panels

Waaree Energies Limited proudly becomes the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its Bifacial MonoPERC and TopCon solar modules.

Certified under the globally recognised International EPD System, these declarations transparently measure and communicate the environmental impact of our panels. With market-leading efficiency and exceptionally low carbon footprints, Waaree’s solar modules reflect our unwavering commitment to sustainability and innovation. This milestone supports global Net Zero goals and reinforces India’s position as a leader in the renewable energy transition.

From the CMD’s Desk

"The global community is collectively engaged in a crucial effort to mitigate the impact of climate change, caused in large part by generations of fossil fuel usage. As the world works towards achieving Net-Zero emissions in the decades ahead, the adoption of clean, renewable energy sources will be essential to fulfilling this objective."

Accelerating the global energy transition

Hitesh Chimanlal Joshi

Chairman and Managing Director, Waaree Group

Advancing Climate Action with Science-Based Targets

Waaree Energies proudly aligns with the Science-Based Targets initiative (SBTi), joining global frontrunners in the race to achieve Net Zero. This commitment marks a bold step in our climate strategy, grounded in science and focused on impact.

By supporting the corporate and industrial sectors in fulfilling their renewable energy purchase obligations, we’re enabling a smooth and scalable shift to clean power. The SBTi framework empowers us to set clear, measurable goals for reducing greenhouse gas emissions, in line with limiting global warming and achieving net zero by 2050.

At Waaree, we don’t just follow sustainability standards. We help define them.

Our Extended Producer Responsibility

Waaree Energies fully complies with the Extended Producer Responsibility (EPR) framework mandated under the E-Waste (Management) Rules, 2022, issued by the Ministry of Environment, Forest and Climate Change (MoEFCC) and enforced by the Central Pollution Control Board (CPCB).

 

As part of our EPR Responsibilities and Actions, Waaree is actively engaged in:

 

  • Registration on the CPCB EPR Portal
  • Collection, Channelization and recycling of end-of-life solar equipment through authorized recyclers
  • Monitoring and reporting of our compliance performance quarter and annual basis to CPCB
  • Customer awareness programs on safe and responsible disposal of E-waste
  • Sustainable product design to increase recyclability and reduce environmental impact

WEL is in full compliance with the requirements of the European Union RoHS Directive 2011/65/EU, as amended by Directive (EU) 2015/863, which restricts the use of certain hazardous substances in electrical and electronic equipment.

Let’s build a sustainable partnership