Himadri Speciality Chemical Limited, a global leader in specialty chemicals, has earned the prestigious Platinum Medal from EcoVadis, the world’s most trusted sustainability ratings provider. This recognition places Himadri in the top 1% of more than 130,000 companies worldwide assessed by EcoVadis, highlighting its outstanding performance across key sustainability areas: Environment, Social, and Governance (ESG).
The company’s commitment to sustainability is evident in its dedication to clean energy, green chemistry, corporate governance, and fostering an inclusive workplace. Himadri has consistently set the standard for responsible business practices in the chemical industry.
Commenting on the achievement, Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd, said: “Our journey towards sustainability has been remarkable. ESG principles have been at the heart of our operations for the last 15 years, supported by partnerships with global institutions like IFC Washington and DEG Germany. This has helped us elevate our EcoVadis rating from Silver to Platinum in just two years, reaffirming our commitment to sustainability and innovation. We are proud to be recognized as a global leader, and we will continue to pursue sustainable solutions and work towards a better future.”
Himadri has made notable strides in its sustainability journey, reinforcing its commitment to environmental and social responsibility. As a signatory of the United Nations Global Compact, the company actively aligns its operations with global Sustainable Development Goals (SDGs). This commitment underscores Himadri’s dedication to responsible business practices that contribute to long-term sustainability and global progress.
In pursuit of a greener future, Himadri has pledged to achieve Net Zero emissions by 2050. The company aligns its decarbonization strategy with the Science Based Targets initiative (SBTi), ensuring that its sustainability goals are backed by scientific rigor. By adopting this structured approach, Himadri is positioning itself as a responsible corporate entity in the fight against climate change.
Transparency, accountability, and integrity form the foundation of Himadri’s corporate governance framework. The company adheres to the highest ethical standards, ensuring that its business practices are both responsible and sustainable. This strong governance model not only strengthens investor confidence but also fosters trust among stakeholders, reinforcing the company’s long-term growth trajectory.
Himadri is also making significant advancements in battery recycling and material recovery, a crucial step in promoting a circular economy. By focusing on innovative recycling solutions, the company aims to reduce waste, extend the lifecycle of essential materials, and minimize its environmental footprint. Additionally, the company has fully transitioned to using 100% in-house clean power for all its electrical energy needs, further reducing its dependence on fossil fuels.
Beyond environmental efforts, Himadri actively invests in community development. Its social initiatives have positively impacted over 20 villages, improving housing, education, healthcare, and access to clean water. The company also prioritizes employee well-being, boasting an average employee tenure of over a decade and significantly lower attrition rates compared to industry standards. This focus on sustainability, social impact, and employee retention solidifies Himadri’s role as a responsible corporate leader.
As a pioneer in the Indian lithium-ion battery materials sector, Himadri continues to innovate and lead in sustainability, serving industries in 54 countries. With a strong focus on research and development, ethical governance, and zero-liquid discharge manufacturing, Himadri is setting new standards for a sustainable future.
Himadri Speciality Chemical Ltd is a global conglomerate with a strong emphasis on research, innovation, and sustainability. As a pioneer in lithium-ion battery materials in India, the company continuously develops key raw materials for the battery value chain. Its product portfolio includes specialty carbon black, coal tar pitch, refined naphthalene, advanced materials, specialty oils, and more, catering to industries such as lithium-ion batteries, paints, plastics, tyres, and more. Himadri operates in over 54 countries and is committed to corporate governance, safety, and sustainability, with 8 zero-liquid discharge manufacturing facilities.
