Fineotex Chemical Limited awarded with EcoVadis Commitment Badge for Proactive Sustainability Achievements

Fineotex Chemical Limited (FCL), one of India's leading multinational speciality performance chemical manufacturers, has been awarded the prestigious Commitment Badge by EcoVadis, a globally recognized body for business sustainability ratings. This accolade highlights FCL's dedication and commitment to sustainability, ethical practices, and responsible manufacturing.

The evaluation assessed Fineotex's performance across four key pillars-Environment, Labor & Human Rights, Ethics, and Sustainable Procurement-highlighting the company's commitment to integrating sustainable practices into its core business operations. Additionally, this recognition underscores FCL's unwavering focus on Environmental, Social, and Governance (ESG) principles, further solidifying its position as a responsible corporate entity.

On this momentous achievement, Mr. Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited., said: "We are honored to receive the EcoVadis Commitment Badge, which validates our ongoing efforts to embed sustainability into every aspect of our business. Having already earned the Dun & Bradstreet ESG badge, this recognition is another significant milestone for us. We firmly believe that innovation and sustainability go hand in hand. This accolade further motivates us to strengthen our commitment to environmental stewardship, social responsibility, and robust governance practices, contributing to a more responsible and resilient future."

EcoVadis is a global leader in sustainability ratings, providing businesses with independent assessments of their environmental, social, and governance (ESG) performance. The EcoVadis methodology evaluates company policies, actions, and measurable outcomes to offer a comprehensive analysis of sustainability initiatives. Their ratings are a trusted benchmark for corporate sustainability.

Fineotex Chemical Limited remains committed to upholding high standards of corporate social responsibility and environmental stewardship. The company continues to implement initiatives aimed at reducing its environmental footprint, promoting ethical labor practices, and fostering sustainable supply chain management. The Commitment Badge is just the beginning, and the company aims at achieving a leading position in sustainability ratings among speciality performance chemicals producers. FCL has also been a certified Great Place to Work company consecutively for the last three years.

Shares of Fineotex Chemical Limited was last trading in BSE at Rs. 226.40 as compared to the previous close of Rs. 224.70. The total number of shares traded during the day was 30924 in over 1308 trades.

The stock hit an intraday high of Rs. 235.85 and intraday low of 225.00. The net turnover during the day was Rs. 7123398.00.

Source : Equity Bulls

Keywords

FineotexChemical INE045J01026 FCL SpecialtyChemicals CommitmentBadge EcoVadis