Recognition for sustainability.

The Award being presented by Mr. N. Chandrababu Naidu, Hon’ble Chief Minister, Andhra Pradesh
State, India [left] to Espex Batteries Ltd.’s Chief Executive Amit Ghosal [right], in the presence of
captains of industries, UK government ministers and the Indian High Commissioner to the UK.

Amit Ghosal, Chief Executive of UK firm Espex Batteries Ltd, had the great honour of collecting a Golden Peacock ‘Special Commendation’ award for sustainability on 25th October 2017, on behalf of Indian parent company Exide Industries Limited.

The Golden Peacock Awards Presentation Ceremony took place at the 2017 London Global Convention in the Millennium Hotel Mayfair, organised by the Institute of Directors (IoD). The Convention brought together around 350 business leaders, policy makers and participants from across the globe, including around 100 delegates from India itself, so it was especially gratifying for Exide to be recognised among such rarefied company.

Exide Industries Limited’s primary aim is to be one of the most respected companies in India by delivering superior and sustainable value to all its customers, business partners, shareholders, employees and host communities. Its CSR initiatives focus on the holistic development of host communities and work to create social, environmental and economic value to society.

Exide Industries Limited recycling facts:

• Lead, the main raw material in a lead acid storage battery, is recyclable. Recycling an old battery to reclaim its lead content is not only socially and environmentally desirable; it also makes perfect economic sense for everyone involved in the value chain.

• At Exide India, we buy back old batteries as a part of our commitment to help protect the environment. We recycle these used batteries in smelters in various parts of the country.

• We own and operate two modern and hi-tech lead smelters near Bangalore and Pune. We also use third party smelters to recycle the used batteries we procure and the lead is sold back to us in ingot form.

• Close to 40% of the lead and lead alloy requirements of Exide are met through recycled lead.

The Golden Peacock Awards, started by the Institute Of Directors, India in 1991, are now regarded as the benchmark of corporate excellence on a worldwide scale.

They celebrate and honour the very best businesses, as recognition of their unique achievements to build their quality and brand. The organisers state: “no award has achieved such respectability and admiration from the industry as the ‘Golden Peacock Awards’, which today receives around 1000 applications for various awards each year.”

Mr Ghosal comments: “It was a great honour to collect this award on behalf of Exide India. All companies within the organisation are proud of their sustainability achievements, and we realise that in the case of leadacid batteries many people aren’t fully aware of the environmental considerations or sustainability issues. The truth is, however, that our manufacturing processes operate to the very highest standards and the batteries we supply to our clients are, in fact, recyclable.”

To find out more about lead-acid forklift batteries in the UK, visit www.espexbatteries.co.uk

ESPEX BATTERIES LTD

www.espexbatteries.co.uk