J.B. Chemicals & Pharmaceuticals released its 4th Sustainability Report, showcasing commitment to sustainable growth. The report highlights an 87% improvement in their ESG score and details the company’s initiatives in environmental stewardship, social responsibility, and governance. Key areas include renewable energy adoption, waste reduction, and community development programs. The report outlines performance data for the financial year 2024-25.
ESG Performance Highlights
J.B. Chemicals & Pharmaceuticals has made significant strides in its sustainability journey, with key performance indicators showing considerable improvements:
- An 87% increase in the S&P Global Corporate Sustainability Assessment (DJSI) score.
- >34% decrease in Scope 1 emissions.
- >14% decrease in Nox, Sox, and PM.
- About 37% of total energy demand was met through renewable sources.
- >5% decrease in hazardous waste generation.
- Achieved a score of 80 in the Governance & Economic Dimension.
- About Rs. 11.23 Crores spent over CSR projects.
Environmental Initiatives
The company has set ambitious environmental goals:
- Achieving carbon neutrality in direct operations by FY 2032-33.
- Meeting 40% of total power needs through renewable energy by FY 2026-27, reaching 100% by FY 2032-33.
- Becoming water positive by FY 2032-33.
- Achieving zero waste to landfill by FY 2032-33.
Social Responsibility and Governance
J.B. Chemicals is dedicated to workforce well-being and community development:
- Implementing a comprehensive Diversity, Equity, and Inclusion (DE&I) Charter.
- Maintaining zero fatality across all manufacturing sites.
- Positively impacting lives through various CSR initiatives.
The company’s governance structure ensures ethical practices and transparent reporting.
Source: BSE