Hikal Awarded EcoVadis Gold Medal for Sustainability Excellence
Hikal Limited received the EcoVadis Gold Medal, ranking in the top 5% globally. The company scored 84/100, placing it in the 97th percentile. This award recognizes Hikal's commitment to sustainability across environmental, labor, ethics, and procurement practices. The rating is valid until July 2027.
The EcoVadis Gold Medal is a strong positive signal for the company's ESG performance, which is increasingly important for global customers and investors. While not directly impacting financials in the short term, it enhances reputation and potentially future business opportunities.
The company received a Gold Medal from EcoVadis, a significant achievement that places it in the top 5% of globally assessed companies. This is a positive recognition of its sustainability efforts and enhances its credibility.
Hikal Limited has been awarded the EcoVadis Gold Medal rating, a prestigious recognition for sustainability in businesses. This rating places Hikal among the top 5% of over 175,000 companies assessed globally by EcoVadis annually. The company achieved an overall score of 84/100, ranking in the 97th percentile and narrowly missing the Platinum Medal threshold of 85/100. The Gold Medal underscores Hikal's commitment to sustainable business practices across Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Sameer Hiremath, Vice Chairman and Managing Director of Hikal, stated that this recognition highlights the company's dedication to embedding sustainability into its business strategy and operational culture. He emphasized the progress made in environmental stewardship, responsible manufacturing, ethical business practices, and sustainable procurement, reinforcing the company's resolve to deliver long-term value through responsible growth.
This achievement is particularly significant for Hikal as it operates within global life sciences and specialty chemicals supply chains, where customers increasingly demand measurable sustainability performance. The Gold Medal reinforces Hikal's Environmental, Social, and Governance (ESG) performance, demonstrating a focus on responsible manufacturing, robust governance, and sustainable value creation for all stakeholders. This further enhances Hikal's credibility with global customers and investors who often use EcoVadis ratings in their supplier evaluation processes. The rating is valid through July 2027.
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Hikal Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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