Himadri Speciality Chemical announces strong ESG progress in new sustainability report

Himadri Speciality Chemical has released its Sustainability Report for FY24-25, demonstrating strong performance in ESG metrics. The company achieved a 17.42% reduction in energy intensity and a 36.08% reduction in Scope 1 and 2 emissions intensity. Additionally, Scope 3 emissions intensity was reduced by 22.25%. Water consumption intensity decreased by 26.19%, and 99.56% of waste generated was recycled. These achievements align with Himadri's Net Zero 2050 vision and are supported by advanced digital energy platforms and waste heat recovery units.

The report also details Himadri's commitment to employee well-being, reporting 11 million LTI-free man-hours and a 95% employee retention rate. The company spent INR 6 crore on CSR activities, benefiting over 14,300 individuals, with 93.6% from vulnerable groups. In terms of governance, 100% of employees received training on business ethics. Himadri’s financial performance for FY24-25 includes a turnover of INR 4,596 crore, an EBITDA of INR 844 crore, and a PAT of INR 558 crore, marking a 36% increase from the previous year.

Himadri’s efforts in sustainability have been recognized with an EcoVadis Platinum Medal and a B rating from CDP for Climate and Water Security, reinforcing its position as a responsible and future-ready enterprise. The company's comprehensive approach integrates sustainability into its strategic planning, operations, and stakeholder engagement.