At Electrosteel Castings Limited, governance is not a compliance checkbox — it is the foundation on which nearly seven decades of trusted manufacturing have been built. Our policy commitments reflect a deliberate, values-driven approach to how we conduct business: with transparency toward stakeholders, responsibility toward communities, and rigour toward the planet.
ECL's governance structure integrates ethics, sustainability, and accountability at every level of the organisation — from the Board to the plant floor. Our policies are reviewed periodically, audited externally, and aligned with both national regulatory requirements and international best-practice frameworks.
Electrosteel Castings Limited is a proud member of the United Nations Global Compact initiative. By incorporating the Ten Principles of the UN Global Compact into our strategies, policies and procedures, and by establishing a culture of integrity across the organisation, we are not only upholding our basic responsibilities to people and planet — we are also setting the stage for long-term, sustainable success.
| #Principle | #Principle | |
|---|---|---|
| 1: Human Rights — Support & Respect | 6: Labour — Elimination of Discrimination | |
| 2: Human Rights — Non-Complicity | 7: Environment — Precautionary Approach | |
| 3: Labour — Freedom of Association | 8: Environment — Greater Responsibility | |
| 4: Labour — Elimination of Forced Labour | 9: Environment — Environmentally Friendly Technologies | |
| 5: Labour — Abolition of Child Labour | 10: Anti-Corruption — Work Against Corruption |
ECL regularly publishes a comprehensive, full-scale sustainability report — independently third-party assured and prepared in accordance with the Global Reporting Initiative (GRI) Standards. This report comprehensively covers all ESG parameters of the company, duly audited for accuracy and completeness.
Our sustainability disclosures are independently assured by BSI under ISAE 3000 — one of the most rigorous third-party assurance standards available. This places ECL among a select group of Indian manufacturers who hold independently verified sustainability credentials.
In alignment with SEBI's Business Responsibility and Sustainability Reporting (BRSR) framework, ECL also prepares and publishes its BRSR as part of its Annual Report, ensuring compliance with the highest standards of mandatory sustainability disclosure for listed companies in India.
We are committed to reducing our environmental footprint across all manufacturing operations. ECL holds ISO 14001 (since 2004) and UKAS-accredited ISO 50001 for Energy Management. Our Srikalahasti Works recycles over 94% of process water.
ECL monitors and manages energy consumption across all plants, targeting year-on-year reduction in specific energy intensity and progressively increasing the share of renewable energy, consistent with our ISO 50001 framework.
ECL is certified to SA 8000 affirming our commitment to fair labour practices, safe working conditions, freedom of association, and zero tolerance for forced or child labour, in alignment with UN GC Principles 3–6.
ECL is certified to SA 8000 affirming our commitment to fair labour practices, safe working conditions, freedom of association, and zero tolerance for forced or child labour, in alignment with UN GC Principles 3–6.
ECL maintains zero tolerance toward bribery, corruption, and conflicts of interest — consistent with UN GC Principle 10. All employees and partners are bound by our Code of Conduct.
We work with suppliers and contractors who share our commitment to ethical sourcing, environmental responsibility, and fair labour practices.
Our sustainability reporting follows GRI Standards and is independently assured under ISAE 3000 by BSI. We comply with SEBI's BRSR framework as a listed company.
| Framework / Standard | Scope & Significance | |
|---|---|---|
| UN Global Compact | Member · Ten Principles across Human Rights, Labour, Environment, Anti-Corruption · Certificate valid April 2026–March 2027 | |
| GRI Standards | Third-party assured Sustainability Report · GRI-aligned · Independently audited for accuracy and completeness | |
| BSI ISAE 3000 | Independent sustainability assurance · Places ECL among India's most credibly verified manufacturers | |
| BRSR | Business Responsibility & Sustainability Reporting · SEBI-mandated disclosure for listed companies | |
| SA 8000 | Social Accountability — 9 dimensions · Cross-reference: Social Initiatives › Safety & Our Commitments | |
| ISO 45001 | Occupational Health & Safety · Cross-reference: Social Initiatives › Safety |
Policy commitments are living documents. ECL reviews its governance framework annually, benchmarks against sector peers and global standards, and integrates emerging regulatory requirements into its reporting and disclosure practices. We hold ourselves accountable — not just to the letter of our commitments, but to the spirit of them.