Friday, January 21, 2022

Godrej Consumer Products Limited Ranked No.1 Among India’s Top Companies For Sustainability And CSR 2021

Godrej Consumer Products Limited (GCPL), a leading FMCG company, was ranked number 1 among the top 100 companies in India, for sustainability and CSR initiatives in 2021. This ranking is based on a survey conducted by Futurescape and published by The CSR Journal, and analyses a list of 100 companies that have mapped their business goals to the Sustainable Development Goals (SDGs) for 2021.

The Responsible Business Rankings of India’s Top Companies for Sustainability and CSR in 2021 show that around 80% of the top 100 companies incorporate SDGs into their responsible business actions. All the top 25 companies map their business goals with SDGs. The Top 10 ranks cover a range of industries — information technology, FMCG, chemicals, life sciences, textiles, power, steel and mining. GCPL is ranked among companies like Infosys, Wipro, Tata Chemicals Limited, ITC Limited, Jubilant Life Sciences Limited, Grasim Industries Limited, Vedanta Limited, and Tata Power Company Limited.

GCPL has ranked number 1 for the first time with a spending of INR. 34.08 Crore on CSR initiatives in fiscal year 2020-21. At the beginning of the COVID-19 pandemic in March 2020, the company recognised the urgent need for corporate support to be extended to communities to ensure immediate relief. GCPL diverted 63% of its CSR budget to reach over 2.77 lakh of the most vulnerable communities in India and initiated medium and long-term support to over 9,000 nano entrepreneurs. By March 2021, over 1,000 people re-established their businesses or received entitlements.

Commenting on this recognition, Sudhir Sitapati, Managing Director and CEO, GCPL, said: “At Godrej Consumer Products, we are committed to building for a more sustainable future, while placing our planet and people alongside profits. In fiscal year 2020-21, as the COVID-19 pandemic spread across the world, we focused our efforts to ensure immediate relief and mid-to-long-term rehabilitation support. We worked in partnership with local authorities, the national government, and our communities, to provide support to the last mile. We continued to support our existing CSR programmes and pivoted our approach to the changing context on-ground. We have now partnered with local healthcare providers to raise awareness on vaccination among low-income and underserved communities. We aim to reach over 1, 00,000 people in India by March 2022. Going forward, we have bolder CSR goals, and aim to drive impact for over 13 million people by 2025.”

Another key area of focus in pandemic relief was strengthening public healthcare. GCPL donated medical equipment worth INR 2.36 Crore to the governments in Mumbai and Assam. In India, GCPL donated 21 lakh units of sanitation products in response to requests from local authorities, hospitals, and NGOs for frontline workers and communities.

Under its Sustainability and CSR initiative, Good & Green, GCPL has been working towards enhancing the employability of beauty professionals by providing employment to micro and nano beauty influencers, protecting people from vector-borne diseases through its EMBED programme, ensuring judicious use of natural resources, and implementing a range of environmental sustainability and community development initiatives.

GCPL also ranks among the top 15% within the industry for excellence in sustainability as part of the Sustainability Yearbook 2021 by S&P Global CSA.

About Godrej Consumer Products Limited

Godrej Consumer Products is a part of the over 124-year-young Godrej Group. We are fortunate to have a proud legacy built on the strong values of trust, integrity, and respect for others. As an emerging market company, we have witnessed rapid growth and are pursuing our exciting and innovative aspirations.

Today, our Group enjoys the patronage of 1.15 billion consumers globally, across different businesses. We rank among the largest Household Insecticide and Hair Care players in emerging markets. In Household Insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the Hair Care needs of women of African descent, the number one player in Hair Colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in Soaps in India and are the number one player in Air Fresheners and Wet Tissues in Indonesia.

But for us, it is very important that besides our strong financial performance and innovative, much-loved products, we remain a good company. Approximately 23% of the promoter holding in the Godrej Group is held in trusts that invest in the environment, health, and education. We are also bringing together our passion and purpose to make a difference through our Good & Green approach to build a more inclusive and greener India.

At the heart of it all, is our talented team. We take much pride in fostering an inspiring workplace with an agile and high-performance culture. We are also deeply committed to recognising and valuing diversity across our teams.

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