Medium Risk

MRF Limited

Manufacturing of Truck, Farm, Passenger, Two-wheeler and other tyres, tubes and flaps

CIN: L25111TN1960PLC004306 FY: - Revenue: ₹27,665.2 Cr
5.4
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.2
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
5.0

Financial Exposure

Est. Compliance Cost₹44–166 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated51,166.2 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyUnknown
BRSR AssurancePartial
Assurance ProviderS G S India Private Limited

Double Materiality

Financial Materiality5.4
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.1%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**MRF Limited – ESG Financial Risk Summary** MRF's largest financial exposure stems from Extended Producer Responsibility (EPR) compliance uncertainty, with estimated costs of ₹44–166 crore annually, compounded by a critical compliance risk score of 10.0/10 that exposes the company to potential SEBI enforcement action and delisting risk under BRSR Core Expansion mandates. The tire manufacturing sector faces mandatory EPR obligations under the Plastic Waste Management Rules, yet MRF's EPR applicability remains undefined (6.5/10 exposure), creating regulatory ambiguity that could trigger retroactive liability claims and operational disruptions. The absence of reported Scope 1 and Scope 2 emissions data indicates incomplete GHG accounting, which violates BRSR P6 disclosure requirements and leaves the company vulnerable to carbon pricing mechanisms (₹600–900/tonne CO2e under India CCTS) once methodologies are established and enforced. Immediate priority: MRF must formalize EPR compliance roadmap, establish transparent emissions inventory, and demonstrate BRSR alignment to avoid regulatory penalties and institutional investor

Source: MRF Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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