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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.
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