Godrej Industries & Associate Companies commemorates 10 years of Good & Green journey
- Trained 500,000 underprivileged people
- Reached 3.5 million people to protect them against vector-borne diseases
Mumbai 29th July 2021: With a promise to build a more employable and greener world, Godrej Industries & Associate Companies, today, commemorated ten years of the sustainability journey. The company announced the culmination of the first phase of the Good & Green vision which exceeded most of its environmental, healthcare, and education targets (Social).
Keeping the environmental and social impact at the core, in the last decade, Godrej has successfully trained and supported over half a million underprivileged people to improve their incomes and enabled 3.5 million people to protect themselves against vector-borne diseases.
Other significant accomplishments of the last decade include; Renewable portfolio of Godrej Industries & Associate Companies are now at 50% as compared to the goal of 30%. Over half of the energy consumed across Godrej companies are from renewable sources and every tonne of Godrej manufactured products uses 30% less energy, 35% less water, almost 50% fewer emissions, and 75% less wastage.
Commenting on the achievement, Nadir Godrej, Managing Director of Godrej Industries and Chairman of Godrej Agrovet, said, “Our vision was to go beyond business and focus on building a more inclusive and greener India. I am proud that with the help of our team, we have been able to deliver excellent results against our environmental and social targets and exceeded most of them. Along the way, we’ve faced a few challenges and learned some lessons. With the first decade behind us, we are now looking at achieving bigger and bolder sustainability goals and build a more equitable and greener nation.”
To continue with the sustainability journey, Godrej Industries & Associated Companies have crafted bolder goals that align with the businesses. In the next five years, they aim to empower close to 150,000 people in emerging economies with skills and livelihoods support to enhance their incomes and protect 10 million people against vector-borne diseases. In addition to employability and strengthening public healthcare systems, the company is focussing on ensuring efficient waste management systems for 8 municipalities in India impacting 10 million people, ensuring a third of all Godrej products are greener than in 2020, maintain carbon neutrality, water positivity, achieve and maintain zero waste to landfill.
To achieve the sustainability goals, Godrej Industries & Associated Companies have collaborated with few implementation partners who have helped in analyzing, providing solutions, and supporting in addressing specific issues to stimulate social and environmental progress.
Established in 1897, the Godrej Group has its roots in India’s Independence and Swadeshi movement. Our founder, Ardeshir Godrej, lawyer-turned-serial entrepreneur failed with a few ventures before he struck gold with a locks business. Today, we enjoy the patronage of 1.2 billion consumers globally across consumer goods, real estate, appliances, agriculture, and many other businesses. In fact, our geographical footprint extends beyond Earth, with our engines now powering many of India’s space missions. With revenues of over USD 5 billion we are growing fast, and have exciting ambitious aspirations. For us, it is most important that besides our strong financial performance and innovative, much-loved products, we remain a good company. About 23 percent of the promoters’ 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 strategy of ‘shared value’ to create a more inclusive and greener India. At the heart of all of this, are our people. We take much pride in fostering an inspiring workplace, with an agile and high-performance culture. We are deeply committed to recognizing and valuing diversity across our teams.