Privi Speciality Chemicals Strengthens Commitment to ESG with Robust Sustainability Report

Privi Speciality Chemicals Strengthens Commitment to ESG with Robust Sustainability Report​

Privi Speciality Chemicals Ltd., a key player in the global aroma chemicals industry, has detailed its operational scale, market position, and ambitious environmental stewardship initiatives through its Business Responsibility & Sustainability Report for the financial year April 2025-March 2026. The company continues to drive innovation across sustainable manufacturing practices while maintaining strong commitments to corporate governance and workforce welfare.

The publicly listed entity, established in 1985 and headquartered in Navi Mumbai, has a paid up capital of INR 39,06,27,060/-. Privi's primary business activity is the manufacturing and trading of Aroma Chemicals, which accounts for 100% of its turnover.

Global Market Reach and Operational Scale​

Privi Speciality Chemicals maintains an extensive global footprint, operating through a network that includes 8 national plants and 2 national offices across India, complemented by international operations in New Jersey (USA) and Rotterdam (Netherlands). The company serves markets in 38 countries internationally.

The firm holds significant standing within the fragrance sector, supplying aroma chemicals to top 10 fragrance companies such as Givaudan, Firmenich, Symrise, Mane, International Flavors & Fragrances (IFF), and Takasago. Furthermore, Privi supplies these critical materials to major FMCG players, including Procter & Gamble, Reckitt Benckiser, Henkel, Colgate-Palmolive, and Christian Dior.

In terms of market diversification, the company's export contribution stands at 66% of its total turnover.

Employee Profile and Workforce Management​

As of the end of the financial year, Privi employs a workforce totaling 756 employees, comprising 617 permanent employees and 139 other than permanent employees. The workforce includes 485 workers in total.

The company emphasizes commitment to human capital development, with all staff receiving necessary training, including sessions on Health and Safety measures (reported at 79% for male employees). Privi also focuses on fair compensation, noting that gross wages paid to females constituted 3.40% of total wages in FY 2025-26, a reduction from 5.37% in the previous year.

Commitment to Net Zero and Green Chemistry​

Privi has set strategic environmental goals aligned with global commitments, including committing to a Net Zero target by 2050 and following Science Based Targets initiative (SBTi) guidelines. The company's near-term emission reduction targets include a 50.4% reduction in Scope 1 and 2 emissions by FY2032, and a 35% reduction in Scope 3 emissions by FY2034.

The firm has significantly invested in transitioning towards cleaner energy. This includes the implementation of 10 MW of solar power via an open access farm, alongside other renewable energy investments, aiming to complete further projects before September 2026. The company also reported a reduction in energy intensity per rupee of turnover to 0.0001136 GJ/₹ for FY 2025-26.

Operational and Environmental Stewardship​

Operational integrity is paramount at Privi, demonstrated through comprehensive resource management:

• Water Conservation: The company has implemented Zero Liquid Discharge (ZLD) across various plants. Treated wastewater from operations is managed using Reverse Osmosis (RO) and Multi Effect Evaporator (MEE) systems for internal reuse. Water intensity per rupee of turnover improved to 0.028 L/rupee in FY 2025-26, down from 0.029 L/rupee in the preceding year.
• Waste Management: Privi is actively pursuing a zero landfill and zero incineration initiative. In FY 2025-26, the company generated 13,428.21 metric tonnes of total waste, out of which 29,047.68 metric tonnes were recycled or reused in prior years, emphasizing circular economy practices.
• Emissions: The firm reported Scope 1 and Scope 2 emission intensity at 110.27 MTCO2e per Cr Turnover for FY 2025-26, showing an improvement compared to the previous year (116.94 MTCO2e per Cr Turnover).

Responsible Sourcing and Governance​

Privi places robust emphasis on responsible sourcing, with 90% of its feedstocks sourced sustainably. The company's suppliers are evaluated against ESG criteria, including climate change, health, safety, labour, and governance standards. The organization holds multiple international certifications such as ISO 9001, ISO 14001, ISO 45001, and 27001, demonstrating a commitment to global best practices in quality, environmental management, and information security.

The company’s leadership is guided by an ESG Committee, with Mr. R S Rajan, President, serving as the designated responsible authority for the Business Responsibility policy.

PRIVISCL Stock Price Movement​

Privi Speciality Chemicals Limited shares are trending upward at 3:26 PM, trading at ₹3667.1 after gaining 1.26% or ₹45.80 in the live market. The stock saw a volume of 42,630 shares traded as it moves through the ongoing session.