Marico Secures Dual A- CDP Scores and Leads NSE ESG Ratings
Filing Summary
Marico Limited has achieved dual A- scores in the CDP 2025 assessments for Climate Change and Water Security. The company has also secured a leadership position in the NSE ESG Ratings with a score of 78, marking significant milestones in its sustainability efforts. Marico aims for net-zero emissions globally by 2040 and in India by 2030. The company has made progress in renewable energy and plans to achieve 100% recyclable packaging by 2030. These achievements reflect Marico’s commitment to sustainability and responsible business practices.
Marico Limited announced the achievement of dual A- scores in the CDP 2025 assessments, covering Climate Change and Water Security. The company also secured a leadership position in the NSE ESG Ratings with a score of 78, marking it as a leader in the FMCG sector. These accomplishments highlight Marico’s focus on sustainability and responsible business practices.
In the financial year 2024-25, Marico recorded a turnover of USD 1.3 billion. The international consumer products portfolio contributes approximately 25% of the Group’s revenue. The company has set ambitious targets, including achieving net-zero emissions globally by 2040 and in India by 2030. Marico has made significant progress in renewable energy, with 72% of its operational energy sourced from renewables. The company plans to reduce Scope 1 and Scope 2 greenhouse gas emissions by 93% and offset the remaining 7% through carbon sequestration and offsets by 2030.
Marico’s operational initiatives include a commitment to a circular economy, aiming for 100% recyclable packaging by 2030. Through its Responsible Sourcing Framework, Samyut, Marico aims to certify 100% of its critical suppliers at Level 1 and 50% at Level 2 by 2030. The company’s Jalashay program has created a cumulative water conservation potential of 444 Crore Litres, with FY25 alone generating five times the water conserved compared to what is consumed across Marico’s manufacturing footprint.
Marico’s achievements in ESG ratings include a 15-point increase in the S&P CSA score, reaching 79 from 64. The company also received an ESG risk rating of 18.8 by Sustainalytics, positioning it among the lowest risk-rated FMCG companies globally. Marico has sustained an AA rating with MSCI, further underscoring its commitment to sustainability and responsible business practices.
The timeline for Marico’s sustainability goals includes achieving net-zero emissions in India by 2030 and globally by 2040. The company is actively working towards these targets through various initiatives, including increasing the use of renewable energy and improving water conservation efforts.
About Marico Limited
Marico Limited is a leading consumer goods company in India, operating in the global beauty and wellness categories. The company offers a diverse portfolio of brands, including Parachute, Saffola, and Livon, among others. Marico is committed to sustainability and aims to drive long-term value through responsible business practices and strategic initiatives focused on environmental, social, and governance (ESG) priorities.