Sustainability

Privi has benchmarked its performance on Carbon Disclosure Project (CDP) Platform for Sustainability and Climate Change and maintaining the “Management Level B” rating for the second consecutive year in 2024. This achievement places Privi at the forefront of the chemical sector, holding the best rating in the industry while standing on par with its international peers.

Privi has been recognized with a "Leadership Level A-" rating for its excellence in corporate transparency and performance in Water Security Disclosure by CDP. This achievement has earned Privi a coveted spot on CDP’s annual ‘A List’ for 2024, reaffirming its commitment to sustainable water management and environmental stewardship.

Privi is proud to announce its first-ever CDP rating for Forest for the year 2024, we have achieved a Rating at “Management Level B”, which is higher than the Asia regional average.

The Science Based Targets initiative has validated and approved the science-based greenhouse gas emissions reductions target(s) submitted by Privi Speciality Chemical Limited conform with the SBTi Criteria and Recommendations (Criteria version 5.1).

SBTi has classified Privi’s scope 1 and 2 target ambition as in line with a 1.5°C trajectory.

Privi Speciality Chemicals Limited commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2032 from a FY2022 base year. Privi Speciality Chemical Limited also commits to reduce absolute scope 3 GHG emissions 35% by FY2034 from a FY2024 base year.

PRIVI SPECIALITY CHEMICALS LTD (GROUP) has been awarded a ‘Gold’ medal with 98th Percentile in recognition of sustainability achievement!
EcoVadis provides the leading solution for monitoring sustainability in global supply chains. Using innovative technology and sustainability expertise, EcoVadis strive to engage and help them us sustainable practices.

We have active membership of Sedex which is the world's leading online platform for companies to manage and improve working conditions in global supply chains. The Sedex assessment consists of 4 key pillars - Labour Standards, Health & Safety, Environment and Business Ethics.

Privi is certified for RSPO (Roundtable on Sustainable Palm Oil) supply chain standards which Ensures palm oil or its derivatives sold as ‘sustainable palm oil’ have been produced by certified plantations.

Our business is closely related with SDGs and we actively work towards 10 out of 17 UN SDG’s. These SDGs are aligned with the organization's business strategy which includes revenue growth by creating new opportunities for market differentiation and growth through innovation.

Privi participated in the UN Global Compact (UNGC) and commits to meet fundamental responsibilities in four areas: human rights, labour, environment and anti-corruption and actively submitting the annual Communication on Progress (CoP) report that outlines our efforts to operate responsibly and support society. Privi has been signatory for UN Global Compact (UNGC) since year 2023.