Climate Change
Low carbon transition in operations and value-chain
Conservation of energy and minimization of organizational emissions footprint are comprehended by Marico as the first step towards establishing a climate-first business agenda. Being cognizant of the climate-related risks that arise from high energy demand, we have developed a robust carbon management strategy that prioritizes actions related to energy efficiency, fossil fuel avoidance, renewable energy transition, carbon forestry, and reduction of carbon footprint across our product’s life cycle.
Marico has declared its net zero emissions target from global operations by 2040 and from India by 2030. To achieve this goal we have created a comprehensive strategy and a robust GHG Inventorization mechanism to quantify our emissions footprint.
The key business imperatives under this area include:
Renewable energy share (%)
GHG emissions intensity (TCO2e/ CR INR)
Carbon sequestration potential generated in operations through various offset practices including carbon forestry (TCO2e)
Green building
Carbon neutral manufacturing units
Green / Eco-friendly products
KRAs
“Net Zero Emissions” in global operations by 2040
Reduce value-chain emissions in-line with the 1.5°C scenario
Performance
Success Stories
Marico's Perundurai Facility: A Beacon of Carbon Neutrality and Sustainable Zero coal Operations
Carbon Forestry across Marico’s manufacturing facilities
Reducing emissions by optimizing logistics’ footprint
Establishing safe and sustainable built environment at major manufacturing facilities
Focus Areas
Water Stewardship
Become a 'water steward' organization by enhancing water availability for local communities and ensuring water neutral operations
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Circular Economy
Minimize environmental impact of raw and packaging materials throughout their product life cycle
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Responsible Sourcing
Promotion and adoption of responsible practices throughout the supply chain
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Purposeful brands
Make a difference to our stakeholders through sustainable products
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Sustainable Agriculture
Boost economic self-sufficiency of farmers by improving the productivity of their farms
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Diversity and Inclusion
Diversity conscious and socially inclusive workplace.
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Corporate Governance
Ethical business, driven by responsible corporate behaviour and good governance.
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