Himadri Speciality Chemical Limited has informed the Exchange regarding a press release titled Himadri Speciality Chemical Ltd Awarded B Rating in 2024 CDP Evaluation Cycle Demonstrating Strong Climate & Water Security Commitments .
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Himadri Speciality Chemical has received a 'B' rating in its very first (maiden) CDP evaluation for 2024, covering both Climate Change and Water Security categories. A 'B' score means the company is actively managing its environmental impact and committed to continuous improvement. The achievement places Himadri among over 24,800 organisations worldwide that share sustainability data through CDP. The company highlighted that this follows its earlier upgrade of the EcoVadis rating from Silver to Platinum within two years, and noted its eight zero-liquid discharge manufacturing facilities and 100% in-house clean power usage as part of its sustainability track record.
This is a positive ESG/sustainability milestone that may appeal to ESG-focused investors and global funds that use CDP scores for portfolio screening. It is a reputational achievement with no direct impact on earnings or stock price, though it strengthens the company's positioning with international investors and lenders.