Please find attached a press release by Marico Limited, titled "Marico Celebrates World Environment Day 2025 with the Launch of Packaging Circularity Score Framework".
Awaiting price reaction for this filing.
Marico announced the launch of its first Packaging Material Circularity Score Framework on World Environment Day 2025, as part of its 2030 Decade of Action sustainability roadmap. Over the last 3 years, the company eliminated over 517.5 tonnes of virgin plastic and avoided more than 1,690 tonnes of carbon emissions through packaging innovations. As of FY25, 95.1% of Marico's packaging is recyclable, and the company has collected and recycled 75,119 tonnes of plastic waste under the EPR framework. By FY30, Marico aims for over 30% recycled content in non-food plastic packaging, a 100% recyclable packaging portfolio, and zero hazardous waste-to-landfill at its manufacturing units. The company recorded a turnover of USD 1.3 billion in FY25, with international business contributing about 25% of revenue.
This is an ESG/sustainability announcement with no direct financial impact on shareholders. It reinforces Marico's brand positioning as a responsible FMCG player but does not affect near-term earnings, revenue guidance, or operational metrics.