Our sustainability journey is encapsulated by our corporate claim, Energizing a New World. This guiding principle underscores our purpose and steers our transformative endeavors as part of the Exide Sustainability Strategy.
Our sustainability strategy revolves around environmental, social, and governance pillars. Committed to ESG practices and aligned with the European Green Deal, Exide works resolutely toward achieving CO2 neutrality.
The Exide Technologies ESG Report highlights our strides in developing sustainable battery storage solutions, our dedication to reducing environmental impact, and our efforts to enhance the well-being of our communities.
We design, manufacture, and deliver advanced battery storage solutions and energy storage systems that exemplify a circular economy, reduce carbon footprints, and enhance community well-being.
With three dedicated recycling facilities, we ensure the responsible and efficient closed-loop recycling of batteries & materials,
supporting our commitment to a sustainable future.
We aspire to be the driving force behind the seamless integration of renewable energy, empowering our customers on their journey
to net-zero emissions. We are making significant steps toward our 2050 climate neutrality with a target of achieving 30% reduction in our Scope 1 and Scope 2 emissions by 2030, using FY22 as our baseline.
The analysis identified 25 ESG topics as material for Exide Technologies. A detailed list of these material topics and their integration into our strategic pillars is presented in our 2024 ESG report.
At Exide Technologies, we are energizing a new world with our products. We know our work can greatly affect the environment and people around us. Therefore, we focus on being responsible in our operations, especially when it comes to people and the environment. This commitment drives us to adopt sustainable practices built on three primary pillars comprising seven sub-pillars.
In our pursuit of environmental responsibility, we have launched a strategic initiative focused on reducing our direct emissions (Scope 1) and emissions from purchased energy (Scope 2). As part of our long-term ESG objectives, we are committed to achieving a 30% reduction in our Scope 1 and Scope 2 emissions by the end of 2030, compared to FY22 as the baseline year.
Furthermore, we are dedicated to enhancing the sustainability of our operations by ensuring a minimum of 20% of the energy consumption derives from renewable energy, generated by the company (or on our behalf), by 2030.
Find more details in our 2024 ESG Report.
At Exide, we are committed to environmental stewardship and are taking decisive steps to manage pollution across our operations. We are in the process of developing a comprehensive Pollution Management Policy for pollution reduction with plans to have it fully established by the end of FY25 and implemented by the end of FY26. This policy will guide the establishment of enhanced operational control procedures to ensure compliance with our environmental standards. In addition, we are creating a robust reporting and data collection system. This system will enhance our ability to analyze data and make informed decisions, supporting our efforts to establish targets for reducing emissions of lead and sulfate.
Find more details in our 2024 ESG Report.
We are dedicated to minimizing our environmental impact through meticulous resource control, including water consumption and waste management.
In FY24, our operations utilized over 2 million m3 of water. Recognizing the scarcity of this vital resource, we are actively analyzing our water consumption practices.
Find more details in our 2024 ESG Report.
Our environmental partnerships
Exide partners with industry experts to promote environmental, health and safety standards for the industry.
At Exide, occupational health and safety are of utmost importance. We are committed to fostering a strong safety culture striving for zero harm in all operations, benefiting not only our employees but also our suppliers, customers, stakeholders, and society at large. Comprehensive health and safety policies, supported by a proactive approach of preventing occupational risks, ensure adherence to the regulations of each country we operate in. Our manufacturing sites are predominantly ISO 45001 certified, reflecting our robust occupational health and safety culture and the proactive risk mitigation.
Find more details in our 2024 ESG Report.
Exide Technologies, along with its subsidiaries, is dedicated to promoting equality, diversity, and inclusion within our workforce. We are committed to fostering a workplace culture that values and respects individual differences, ensuring that all employees feel accepted and respected. Our goal is to have a workforce that reflects the diversity of society and our customer base, enabling each employee to perform at their best.
Find more details in our 2024 ESG Report.
In recognition of these efforts, our innovative Frontline Supervisor Program was honored with the Brandon Hall Award 2023 in the „Best Development Program for Frontline Leaders” category. The program also received recognition from CEGOS and Equipos & Talento. Further affirming our commitment to excellence in the workplace, Forbes included Exide Spain in its list of the best 100 companies to work for in Spain for five consecutive years, including the recent award for 2024. Exide Poland was selected by Forbes Poland as one of the best 300 companies to work for, highlighting our position as a leading employer in the industry.
Sustainable practices are not just about immediate gains; they focus on long-term viability. Responsible governance ensures that sustainability is embedded in the company’s DNA.
We hold a deep respect for ethical business conduct and passionately believe in operating with integrity and transparency. Our operations are guided by a Code of Ethics and Business Conduct that embodies our core values of integrity, honesty, respect for human dignity, openness, and non-discrimination regardless of religion, ideology, gender, or ethnicity across the entire value chain. Also, we closely monitor our value chain to ensure compliance with our stringent Supplier Code of Conduct, which covers labor rights, health and safety, environmental stewardship, and business ethics.
Find more details in our 2024 ESG Report.
Exide’s Code of Ethics and Business Conduct is the cornerstone of our commitment to fostering a healthy business environment. By establishing clear guidelines for honesty, integrity, and legal compliance, the Code ensures that all business dealings are conducted ethically and responsibly. It applies universally to our directors, officers, and employees, setting the standard for behavior that promotes trust and respect within the company and in our interactions with partners and communities. The Code also extends to third parties representing Exide, requiring adherence to these principles to maintain the integrity of our operations. In essence, the Code is a blueprint for building a sustainable and reputable business that positively impacts all stakeholders.
Find more details in our 2024 ESG Report.
Furthermore, in 2023, at the forefront of accountability and transparency, we submitted documentation for analysis by CDP. This submission demonstrates our significant commitment to public disclosure and active engagement in the dialogue around environmental impact and stewardship.
