Himadri Speciality Chemical Earns 'B' Rating in CDP 2024 for Climate and Water Initiatives

Himadri Speciality Chemical Ltd, a world leader in speciality chemicals, has achieved a 'B' rating in its initial assessment by the Carbon Disclosure Project (CDP) for 2024. It has been rated thus for its disclosure and performance in two key areas of Climate Change and Water Security. The news broke on April 8, 2025, from the company's head office in Kolkata, India.

The CDP rating system is a world-renowned benchmark for environmental performance and transparency. Voluntarily participating companies provide data about their environmental footprint, governance, and risk management, which are assessed against international standards and frameworks. A 'B' rating indicates that the company has achieved the 'Management' level of environmental maturity, which means that it is implementing coordinated action on climate and water-related issues and has mechanisms for ongoing improvement.

Himadri’s achievement is particularly noteworthy as this was its maiden CDP evaluation cycle. By securing a ‘B’ rating in both climate change and water security categories, the company has aligned itself with over 24,800 global entities that are actively utilizing data to support sustainable environmental decisions. The CDP score reflects Himadri’s ability to monitor, manage, and disclose information related to its environmental impact—particularly in relation to climate adaptation, emission reduction, and water use practices.

The CDP ratings are applied around the world by investors, regulators, and financial institutions to measure business performance and risk exposure, especially in the area of climate change. The ratings enable stakeholders to make informed investment choices, meet environmental requirements, and monitor progress toward sustainable objectives. For organizations such as Himadri, a positive rating also indicates long-term preparedness and resilience in an evolving regulatory and environmental environment.

Himadri’s participation in the CDP also complements its broader ESG (Environmental, Social, and Governance) commitments. In recent years, the company has strengthened its environmental strategies through close collaborations with global agencies and private equity partners. Previously, the company elevated its EcoVadis ESG rating from Silver to Platinum within a two-year span. Its CDP results now build on that progress, highlighting Himadri’s operational transparency and strategic alignment with global climate and water goals.

The group operates in various product lines and has established itself as a maker of innovative solutions, especially advanced materials for lithium-ion batteries. Himadri is among the early movers in India in lithium-ion battery value chain raw materials development and manufacture, a primary segment in the electric vehicle and clean energy ecosystem. Apart from battery materials, the company also manufactures specialty carbon black, coal tar pitch, refined naphthalene, SNF (sulfonated naphthalene formaldehyde), specialty oils, and clean power products.

These products find application in various industries such as energy storage, paints and coatings, plastics, tyres, rubber products, aluminium, agrochemicals, defence, and construction chemicals. The company's products are exported to more than 54 countries and thus it is a global player with robust export credentials.

Environmental sustainability practices and compliance are thoroughly ingrained in the operations of Himadri. It has eight zero-liquid discharge manufacturing plants, with a guarantee that industrial effluents are treated and reused instead of being discharged into the environment. In addition, all its manufacturing units are fueled by captive clean energy, guaranteeing 100% of the electricity requirements being met through renewable sources.

As a corporate sustainability initiative, Himadri is focused on improving its ESG performance along all dimensions - reduction of emissions, resource usage efficiency, circular economy, and water management. The recent score by CDP adds to the legitimacy of efforts in this area and is another manifestation of the Himadri approach of deep-seated imbedding of sustainability into fundamental business decisions.

The CDP scoring system uses a data-driven approach to evaluate how companies disclose and act on environmental risks. A score of ‘A’ represents leadership, ‘B’ denotes management, ‘C’ indicates awareness, and ‘D’ reflects disclosure. Himadri’s 'B' rating places it firmly in the ‘Management’ band, showing that it has set environmental goals and implemented policies aimed at meaningful climate and water outcomes.

Conclusion
Himadri Speciality Chemical Ltd’s performance in the CDP 2024 evaluation cycle demonstrates its readiness to tackle environmental challenges through well-structured management practices. Achieving a 'B' rating in both Climate Change and Water Security categories reflects the company’s alignment with global environmental standards and its commitment to sustainable industrial growth. As regulatory and investor expectations around ESG transparency increase, Himadri’s progress positions it as a forward-looking organization in the speciality chemicals space.

Source/Credits:
Source: Himadri Speciality Chemical Ltd
Published: April 8, 2025
Location: Kolkata, India