Himadri Speciality Chemical Ltd.’s Commitment to sustainability motivates to manage operations, conserve resources, and create solutions aligned with the UNGC's sustainability goals. Our comprehensive approach includes in-house R&D, energy reduction, and zero effluent discharge. Our business plan focus on long-term growth, capitalizing on industry expertise and technology capabilities. we are constantly seeking innovative ways to secure a circular economy, preparing the company for future growth and generating value for stakeholders.
Message From CMD & CEO
Guided by our purpose, “Together Towards Tomorrow,” sustainability is deeply embedded across every dimension of our corporate strategy—from research and development and product portfolio management to the very core of our organizational culture. Our unwavering commitment to sustainability fuels continuous innovation, enabling us to design and deliver solutions that not only respond to evolving market needs but also significantly reduce environmental impact. Through this approach, we create high-performance, eco-conscious products that generate enduring, sustainable value for our stakeholders.
Powered by the dedication, expertise, and ingenuity of our people, we are demonstrating that competitiveness and sustainability are not mutually exclusive, but mutually reinforcing. Together, we are building a resilient, future-ready business where commercial success and environmental stewardship are intrinsically aligned—driving positive, lasting impact for our communities, our industry, and the planet.
- Anurag Choudhary, CMD & CEO
Our Global Alliance
Global challenges such as climate change transcend borders, sectors, and capacities; no single country, company, or community can deliver the systemic transformations required alone. Collective action accelerates innovation, mobilises capital at scale, harmonises standards, and spreads best practices—reducing duplication, lowering transition costs, and ensuring that vulnerable communities are not left behind. Multilateral collaboration also strengthens policy coherence and market signals, enabling consistent carbon pricing, technology deployment, and resilient supply chains that together drive deeper, faster emissions reductions.
Himadri recognises that meaningful climate progress depends on these transnational partnerships. By actively collaborating with leading industry bodies and sustainability-focused organisations, Himadri aligns its strategies with evolving global standards and contributes to shared agendas on circularity, resource efficiency, and workplace safety. Through joint research, knowledge-sharing platforms, and policy engagement, the Company accelerates development and adoption of low carbon solutions, scales best practices across value chains, and gains access to international benchmarks and tools that sharpen its internal capabilities. These alliances enhance Himadri’s risk management, amplify its advocacy for pragmatic regulatory frameworks, and enable co-created carbon reduction roadmaps for customers and suppliers. In doing so, Himadri not only reinforces its ESG leadership and stakeholder trust but also helps mobilise the coordinated, cross-border action essential to limit global warming and secure an equitable, resilient low carbon future.
United Nations Global Compact (UNGC): Himadri has strengthened its commitment to ethical and sustainable business practices by aligning with the UN Global Compact (UNGC). By adopting Ten Principles across human rights, labour, environment, and anti-corruption, the Company has integrated ESG values into its policies and operations. Himadri upholds fair labour standards, environmental protection, and zero tolerance for corruption. Through its maiden Communication on Progress (CoP) report, the Company has demonstrated transparency and ESG outperformance (measurable). The Company’s global engagement fosters collaboration, learning, and innovation. It has reinforced Himadri’s sustainability journey, building stakeholder trust for long-term value creation.
United Nations Sustainable Development Goals (UNSDGs): Himadri remains committed to align its business with UN Sustainable Development Goals (SDGs). The goals comprise a universal framework to address critical environmental, social, and economic challenges. At the Company, SDGs are not only a global responsibility but also an opportunity to enhance enduring value for customers, employees, investors, communities, and environment. Through SDGs, Himadri facilitates sustainable development.
International Sustainability and Carbon Certification (ISCC): As a signatory to the Responsible Care® Charter of the Indian Chemical Council, Himadri has demonstrated its commitment to sustainable and responsible chemical manufacturing. The Company is aligned with the seven guiding codes of management practices, covering process safety, pollution prevention, employee health and safety, product stewardship, distribution, security, and emergency response. The ICC audit process reviews Himadri’s adherence to these standards, strengthening its safety culture, environmental performance, and community engagement. This collaboration has allowed Himadri to benchmark practices against global standards.
British Safety Council (BSC): Himadri partnered British Safety Council to align its occupational health, safety, and environmental practices with global standards. This collaboration provides expert guidance, training, and assessment tools to strengthen its OHS framework, promote risk prevention, and enhance employee well-being. The partnership underscores Himadri’s commitment to continuous improvement, ESG leadership and sustainability outperformance.
ISO certifications: Himadri adopted a structured, standards-driven approach by implementing multiple ISO management systems to enhance quality, safety, environmental, and ethical performance. The Company holds certifications for ISO 9001 (Quality Management), ISO 14001 (Environmental Management), ISO 45001 (Occupational Health and Safety), ISO 27001 (Information Security), and ISO 37001 (Anti-Bribery Management). These certifications reflect Himadri’s commitment to operational excellence, regulatory compliance, and continuous improvement, deepening its governance and stakeholder confidence.
Global Diversity, Equity & Inclusion Alliance (GDEIA): Himadri embraces a progressive Diversity, Equity, and Inclusion (DEI) strategy that embeds inclusivity into its culture. By aligning with global DEI principles, the Company recognises that diversity drives innovation, resilience, and sustainable growth. Its approach focuses on eliminating unconscious bias, ensuring transparent and equitable policies, and fostering a safe workplace. Through leadership sensitisation, employee engagement, and intensive training, Himadri promotes diversity in decision-making and equal opportunities.
SEBI framework: The Business Responsibility and Sustainability Report (BRSR), introduced by SEBI, is India’s sustainability disclosure framework promoting corporate transparency. For Himadri, it serves as both a compliance tool and a strategic enabler, aligning with GRI, TCFD, and UN SDGs to provide global stakeholders with a transparent, data-driven view of our ESG performance. It bridges national compliance with global standards, underscoring our commitment to responsible growth and sustainable value creation.
Confederation of Indian Industry (CII): As a member, Himadri aligns with national priorities and global best practices in sustainability, innovation, competitiveness, and ESG compliance. Through this engagement, the Company participates in industry forums and sustainability councils focused on environmental management, energy efficiency, carbon reduction, circular economy, and governance. Himadri contributes to policy discussions on chemical safety, green manufacturing, and climate action, helping shape India’s sustainable industrial ecosystem.
Accolades
Golden Peacock Award For Occupational Health & Safety 2025
International Safety Award (Merit) 2025
14th Global CSR & Excellence Awards – Best Corporate Social Responsibility Practices
Golden Peacock Award For HR Excellence 2024
GOLD AWARD FOR ENERGY EFFICIENCY/ CONSERVATION at the 16th Exceed Environment Award and Conference 2024
GOLD AWARD for Corporate Social Responsibility at the 16th Exceed CSR Award 2024
PLATINUM AWARD FOR WASTE MANAGEMENT at the 16th Exceed Environment Award and Conference 2024
Best Overall Sustainable Performance at the Eastern India Leadership Awards 2024
Materiality
Materiality matrix that analyzes the sustainability strategy and performance, ranking key issues based on their relevance to both internal and external stakeholders. The company revisited material topics in the current reporting year and adopted the Corporate Sustainability Reporting Directive’s (CSRD) double materiality assessment. This approach considers both the impact of the organization on people and the environment (inside-out view) and the risks and opportunities sustainability developments create for the organization (outside-in view). Double materiality ensures transparency, better decision-making, and resource focus on the most relevant topics for the organization, stakeholders, and society at large.
Sustainability Governance is a crucial aspect of an organization's sustainability strategy, ensuring that its operations align with the four key pillars of Planet, People, Value Chain, and Sustainability Governance. The Materiality matrix provides a comprehensive overview of the organization's operations, addressing the concerns of both internal and external stakeholders. By implementing this materiality, the organization can effectively manage its operations and ensure the well-being of its stakeholders.
Net Zero
We made a commitment to become a Net Zero carbon company by 2050, emphasising our strategic direction and transparency. We support Paris Agreement on Climate Change objectives, marked by a commitment to achieve net zero target. Besides, as a global specialty chemicals player, we have pledged our net-zero plan, milestones and direction to the Science Based Target Initiative (SBTi).
To achieve net-zero, we identified three key areas aligned with the global SBTi standard, classifying its journey across short-term, mid-term and long-term targets - a comprehensive and phased sustainability plan.
As a responsible corporate citizen, we recognize that our journey toward achieving net-zero emissions rely heavily on the active involvement and commitment of our value chain partners. In alignment with the net-zero emissions target, the company set measurable goals to reduce carbon footprint and mitigate environment impact. In the pursuit of net-zero emissions Himadri plans to integrate feasible and sustainable next-generation fuels into operations, adopting innovative energy solutions that reflect a commitment to environmental stewardship. We believe that achieving net zero is not the ultimate goal; rather, creating a better planet warrants a carbon-negative economy.
Vision Zero Accident
Himadri's Vision Zero Accident/Incident strategy is a proactive approach centered on four key pillars: Learning, Culture, Commitment, and Communication. This strategy aims to create a safe and healthy work environment, prioritizing the well-being of its employees. By focusing on comprehensive safety measures, proactive risk management, and continuous training, the vision aims to eliminate workplace accidents and incidents, fostering a culture of care, accountability, and excellence in health and safety practices. A commitment to vision zero ultimately strengthens a company’s sustainability framework, as it reflects respect for human life and contributes to a positive, sustainable work environment.
A commitment to vision zero ultimately strengthens a company’s sustainability framework, as it reflects respect for human life and contributes to a positive, sustainable work environment. We foster a safety first mind-set among its workforce, encouraging continuous improvement and accountability to create a work environment where accidents are entirely preventable. This commitment promotes care, accountability and excellence in health and safety practices, ensuring that every individual returns home safely from work.
Harmonize Framework
Our HARMONISE framework supports cutting-edge research, helping develop innovative and energy-efficient solutions that enhance a culture of trust, growth, inclusivity and shared economic opportunities. It aims to deepen ESG agenda through nine actions designed to promote sustainable practices.
We pledged to work closely with stakeholders, align goals, deliver customer and community value and promote a green business. Through the HARMONISE framework, the company remains committed to sustainable growth and innovation that creates positively enduring impacts for all.
The HARMONISE themes, driven by sustainability task forces, are becoming a crucial part of Himadri’s ESG aspirations.
This HARMONISE framework supports cutting-edge research, helping develop innovative and energy-efficient solutions that enhance a culture of trust, growth, inclusivity and shared economic opportunities. This approach ensures business relevance and resilience while reinforcing the core values of responsibility and well-being. We pledged to work closely with stakeholders, align goals, deliver customer and community value and promote a green business. Through the HARMONISE framework, the company remains committed to sustainable growth and innovation that creates positively enduring impacts for all.
Sustainability Objectives
Himadri’s long-term commitment to reduce emissions extends beyond compliance; it strengthens business resilience in an evolving regulatory and environmental landscape. These efforts not only support ESG goals but also strengthen competitiveness and risk management. The approach ensures that the company is positioned to seize green economy opportunities. In doing so, the company reaffirms its dedication to achieve sustainable growth while addressing climate change challenges.