Galaxy Surfactants ESG Conference Takeaways - Defined Goals For Environment Protection: ICICI Securities
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Galaxy Surfactants ESG Conference Takeaways - Defined Goals For Environment Protection: ICICI Securities

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ICICI Securities Report

We hosted the management of Galaxy Surfactants Ltd. at our virtual environmental, social and corporate governance conference.

Given below are the key takeaways from the meeting.

  • Hindustan Unilever Ltd. to invest €1 billion to eliminate fossil fuel from its cleaning products by 2030, cutting the carbon emission created by the chemicals used in making products.

  • The company has well-defined focus area derived on the basis of importance to stakeholders and Galaxy Surfactants.

  • We are impressed with quantity and transparent disclosure on target for environmental goals. Water reduction, energy reduction and greenhouse gas reduction achieved were 60% (target: 80%); 42.3% (target: 50%) and 32.5% (target: 35%) from FY12 as base till FY20.

Click on the attachment to read the full report:

ICICI Securities Galaxy Surfactant ESG Conference Update.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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