Sigachi Industries Limited has informed the Exchange about General Updates
SIGACHI · price
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Sigachi Industries filed its second Sustainability Report (FY 2024-25) with BSE and NSE, covering its India operations and aligned with GRI Standards (2021) and the BRSR framework, though it is not externally assured. Key achievements include an 8.8% improvement in energy intensity to 20.92 GJ/MTPA, a 7.75% drop in water consumption to 51,130 KL, and a sharp rise in waste recycling to 181.12 tons from 66.39 tons in FY24. Absolute Scope 1 emissions rose to 42,003 tons CO2e and Scope 2 to 8,651 tons CO2e, driven by a 29.5% jump in MCC production after capacity was expanded to ~21,700 MTPA. The report also acknowledged a tragic fire at the Pashamylaram facility on June 30, 2025 (outside the reporting period) that caused loss of lives, and outlined strengthened safety measures. The company scored in the 69th percentile globally in its latest EcoVadis assessment.
This is a routine regulatory disclosure with no direct financial impact, but it reinforces the company's ESG narrative for sustainability-focused investors. The improved intensity metrics are positive, while the absence of external assurance and the disclosure of the Pashamylaram fire incident may invite closer scrutiny from ESG analysts and impact short-term sentiment.