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Wednesday, December 25, 2024

Godrej Is Setting International Sustainability Benchmarks With Folks & Planet Focus


Godrej Shopper Merchandise’ management place within the Dow Jones Sustainability Index is a landmark second. However what does this milestone reveal concerning the firm’s dedication to folks, the planet, and progress? Uncover what makes this recognition so vital and the way the corporate is pushing the boundaries of sustainability.

This text is revealed in partnership with Godrej Industries Group

Godrej Shopper Merchandise Restricted (GCPL) has simply made sustainability historical past globally and added to the pleasure of India. This month, the FMCG big not solely secured a management place within the prestigious Dow Jones Sustainability Index (DJSI) for Rising Markets but in addition debuted on the DJSI World Index for Shopper Items firms — rating among the many high three international leaders in sustainability.

GCPL is the corporate behind the preferred trusted manufacturers, akin to Goodknight, Cinthol, Godrej aer, Godrej No.1, HIT, Godrej Ezee, Godrej Skilled Wealthy Crème, Godrej Magic handwash, and plenty of extra.

GCPL employees at work
GCPL topped Indian FMCG rankings and secured the second spot globally.

What makes this achievement much more significant is the journey behind it. The DJSI evaluated over 13,000 firms worldwide, assessing their dedication to sustainability in motion — not simply phrases. GCPL emerged as a frontrunner, attaining the very best rating amongst Indian FMCG firms and the second-highest globally.

This outstanding achievement stems from GCPL’s constant deal with embedding sustainability throughout its operations. Key highlights embrace:

  • Exceeded plastic packaging discount targets: Achieved a 22% discount in FY24, surpassing the FY26 goal a full 12 months forward of schedule.
  • Complete human rights due diligence: Applied international motion plans to make sure moral operations throughout all owned items.
  • Pioneered the accountable use of Chemical substances Coverage: Strengthened security and transparency in operations.
  • Revamped annual reporting: Delivered enhanced sustainability disclosures, supported by improved materiality assessments.
  • Accelerating renewable vitality adoption: Superior initiatives just like the co-gen undertaking at Malanpur, Madhya Pradesh.
  • Coverage developments: Progressed accountable advertising and marketing, biodiversity initiatives and moral progress methods, reaffirming GCPL’s dedication to sustainability.

Commenting on this achievement, Sudhir Sitapati, MD & CEO of Godrej Shopper Merchandise Ltd, stated, “We’re immensely proud to be recognised on the worldwide stage for our sustainability efforts. Sustainability is core to GCPL’s objective of bringing the goodness of well being and wonder to customers in rising markets. Folks and the planet alongside revenue have been a key pillar of our enterprise technique. Aligned with our ‘Good & Inexperienced’ imaginative and prescient, we’ve set environmental sustainability objectives for 2025-26. These embrace making one-third of our merchandise greener than these in 2020, being Internet Zero (scope 1 & 2) by 2035, and remaining water-positive. We’re additionally aiming to double our vitality productiveness by 2030 as per our EP100 dedication.”

GCPL continues to champion sustainability, driving positive impacts on communities, ecosystems, and stakeholders.
GCPL continues to champion sustainability, driving optimistic impacts on communities, ecosystems, and stakeholders.

Gayatri Divecha, Head of Sustainability & CSR, Godrej Industries Group, added, “This international achievement displays GCPL’s dedication to not simply rising as an FMCG chief however doing so while placing folks and the planet alongside revenue. We initiated our sustainability journey 14 years in the past with a promise to construct a greener, extra inclusive and equitable world. Our efforts span bettering the environmental footprint of our manufacturing, worth chains and merchandise; in addition to championing human rights and influencing sustainable consumption. We’re proud to have delivered ends in these areas, in an genuine method that’s true to our Godrej values. The DJSI ranking is a validation of our progress; the affect we want to create is what motivates us.”

GCPL’s continued efforts in environmental, social, and governance (ESG) efficiency have enabled it to make a big leap in sustainability rankings. The corporate first entered the DJSI management index in 2019 and has constantly raised the bar over time. 

As GCPL charts its path ahead, it stays dedicated to being a torchbearer for sustainable practices, guaranteeing long-term optimistic impacts on communities, ecosystems, and stakeholders. An in depth disclosure of GCPL’s ESG progress will be present in its Annual and Built-in Report.

Being Good & Inexperienced: Godrej’s mission to make a distinction

For the Godrej Industries Group, success isn’t nearly robust monetary efficiency or common merchandise — it’s about being an organization that actually makes a distinction. By way of its ‘Good & Inexperienced’ initiative, the Group is mixing ardour with objective to assist construct a extra inclusive and sustainable India.

The corporate’s Good & Inexperienced Imaginative and prescient 2025 is aligned with the Paris Settlement purpose of limiting international warming to beneath 1.5 levels Celsius and the World Enterprise Council for Sustainable Improvement pathways that tie with the UN’s Sustainable Improvement Objectives.

For more information, go to their official web site.

Edited by Khushi Arora; All footage courtesy: GCPL.

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