PI Industries Ltd. Releases Business Responsibility Report Highlighting ESG Focus Across Operations

PI Industries Ltd. Releases Business Responsibility Report Highlighting ESG Focus Across Operations​

PI Industries Limited has released its comprehensive Business Responsibility and Sustainability Report for the financial year 2025-26, detailing its commitment to environmental stewardship, social equity, and robust corporate governance across its operations. The report outlines the company's efforts in sustainable manufacturing practices, employee well-being, and extensive stakeholder engagement.

The company operates through a single reportable business segment, 'Agro Chemicals,' focusing on the manufacture of chemical and medicinal products. PI Industries Ltd. maintains 22 locations nationally with 7 plants and 15 offices across 28 states, serving both domestic and international markets.

ESG and Sustainability Milestones​

The sustainability journey at PI Industries is guided by a commitment to measurable outcomes in natural capital, human capital, and governance. Key achievements for the reporting year include:

• Climate Action: The company has made steady progress toward a lower-carbon future, increasing the share of renewable energy in its overall energy mix to 21%.
• Water Stewardship: Initiatives delivered measurable improvements in water management, achieving an overall reduction of 6% in freshwater withdrawal through enhanced recycling and reuse processes.
• Risk Management: The company significantly enhanced its climate risk framework by aligning with the Task Force on Climate-related Financial Disclosures (TCFD) and initiated a structured assessment under the Taskforce on Nature-related Financial Disclosures (TNFD).
• Biodiversity: Focused biodiversity management activities included greenbelt development at Panoli and agri-silvi models implemented in Jambusar to support ecosystem restoration.

Operational and Human Capital Overview​

The company recorded a workforce of 3,726 permanent employees and 2,627 workers as of the end of the financial year. PI Industries Ltd. reports that it has strict operational control over safety and health through an Occupational Health and Safety Management System (OHSMS) aligned with ISO 45001 across all five manufacturing sites and its R&D facility.

In terms of social responsibilities, the company implemented a comprehensive grievance redressal mechanism for both employees and workers. The commitment to human rights extends across the value chain; mandatory evaluations are conducted for all vendors concerning compliance with statutory wage payments, occupational health and safety standards, and non-discrimination policies.

Commitment to Sustainable Sourcing and Waste Management​

PI Industries places strong emphasis on responsible sourcing. The company reports that 99% of total procurement spend is sourced from suppliers meeting defined sustainability criteria. This sustainable procurement framework is underpinned by a Supplier ESG Program structured around three pillars: Environment, Social, and Governance.

The company demonstrates advanced commitments to environmental protection and waste management through detailed reporting across several categories:


Management emphasizes a product life cycle approach, focusing on E factor optimisation to minimise waste generation and improve recyclability from the design stage onward. Furthermore, the R&D facility at Udaipur and the formulation unit at Panoli function as Zero Liquid Discharge (ZLD) units.

Governance and Stakeholder Engagement​

The company's governance structure includes oversight by a Risk Management and ESG Committee of the Board, while the Sustainability Council, chaired by Joint Managing Director Rajnish Sarna, drives implementation across management levels.

Stakeholder engagement follows a structured materiality process, assessing concerns through both an impact perspective (societal and environmental) and a financial perspective. The company maintains ongoing engagement with various stakeholder groups, including:

• Employees: Engagement covers talent retention and grievance resolution, supported by annual performance reviews and commitment to safe and healthy workplaces.
• Customers: Information on products is available through the corporate website, and customer satisfaction surveys recorded an average score of 8.1 out of 10 for B2C customers.
• Community: Continuous interactions are maintained with local Gram Panchayat representatives and NGOs.

Key Performance Indicators (FY25-26)​

The company reported that its total Scope 1 emissions were 37,331.95 Metric tonnes of CO2 equivalent, and Total Scope 2 emissions were 1,14,401.92 MTCO2e. The combined emission intensity was reported at 0.00000245 MTCO2e per rupee of turnover.

The company's commitment to social impact is visible through its CSR initiatives, with programs providing benefits to over 87,000 people for Project Swasthya Seva alone.

These reports reflect a continued focus on integrating sustainability into core business operations and enhancing accountability toward all stakeholders.

PIIND Stock Price Movement​

PI Industries Limited closed today at ₹2657.4, rising by 1.46% as investors reacted positively to market conditions. The stock traded within a session range of ₹2628 and ₹2682.9.