Materiality
Marico’s sustainability goals have been the value-based differentiator for the business, that helped
demonstrate stakeholder capitalism, social inclusion, responsible production and consumption, and
above all deep-seated impact on the communities that help us thrive.With a successful conclusion of the first 5-year sustainability plan in FY22 where we met all our goals on energy, emissions, packaging, and supplier management we launched our sustainability vision for 2030 on World Environment Day, 5th June 2022.
To operationalize our goals, we have outlined 8 focus areas: water stewardship, net zero emission, Circular economy, Diversity & Inclusion, Brands with Purpose, Sustainable agriculture, responsible sourcing, and corporate governance. We understand the significance of integrating ESG considerations into our core operations, aligning with our pursuit of a sustainable future for our entire ecosystem. We are committed to proactively embracing ESG practices, transparently communicating our efforts, and ensuring that materiality assessment guides our journey towards a resilient and sustainable tomorrow.
Focus Areas
Climate Change
Achieve “Net Zero emissions” in global operations and mitigate value chain climate impact in-line with the 1.50 scenario
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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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Awards
Masters of Risk’ in the ESG category in the 8th edition of the India Risk ManagementAwards by CNBC-TV18 ICICI Lombard - 2022
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Recognized in the ‘Leadership’s category by CRISIL Limited in its Sustainability Yearbook 2022 for two years in a row June 22
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ecognised with Indo-American Chamber of Commerce, India's Climate Action Award at IACE Awards 2022
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In the News
Live Mint | News
Marico treads on the path to sustainability; targets 100% recyclable, reusable and compostable packaging by FY25
Marico treads on the path to sustainability; targets 100% recyclable, reusable and compostable packaging by FY25
Live Mint | News
How purpose-led brands are leading the future in the new world order
How purpose-led brands are leading the future in the new world order
Times of India | India Times
How corporates can empower farmers to take up innovative & sustainable practices
How corporates can empower farmers to take up innovative & sustainable practices
Cause Because | News
Farming for the future: How Parachute Kalpavriksha Foundation is empowering farming communities
Farming for the future: How Parachute Kalpavriksha Foundation is empowering farming communities
India CSR | News
Marico features inspiring stories of Indian farmers, as an ode to their nurturing spirit
Marico features inspiring stories of Indian farmers, as an ode to their nurturing spirit
The CSR Journal | New
World Coconut Day: Mr. Amit Bhasin from Marico Limited Talks about Parachute Kalpavriksha Program Empowering Coconut Farmers
World Coconut Day: Mr. Amit Bhasin from Marico Limited Talks about Parachute Kalpavriksha Program Empowering Coconut Farmers
India CSR | News
Marico launches sustainability 2.0 framework with 50 KPIs
Marico launches sustainability 2.0 framework with 50 KPIs
