Deepak Nitrite’s First Sustainability Report Adopts GRI and SASB Standards
- Muhammad Ahmad
- Dec 3, 2024
- 2 min read
GRI and SASB frameworks guide ambitious ESG commitments in the chemical sector
The report sets benchmarks for integrating ESG principles into operations
The first Sustainability Report (FY 2023–24) was released, aligned with GRI and SASB Chemical Sector Standards.
Highlights: 12.49% emission reduction, 89% waste recycled/reused, and over 50,000 trees planted.
₹22.61 crore was invested in environmental conservation, and the report was verified by TÜV SÜD for credibility.
Deepak Nitrite Limited (DNL) has launched its inaugural Sustainability Report, marking a transformative step in its commitment to ESG-aligned practices. Covering operations across DNL and its subsidiary Deepak Phenolics Limited, the report emphasizes resource efficiency, emission reduction, and circular economy principles.
Prepared in compliance with GRI and SASB Chemical Standards, the report highlights operational resilience, including an 89% waste reuse rate, 12.49% reduction in absolute Scope 1, 2, and 3 emissions, and planting 50,000+ trees to offset environmental impacts. With zero cases of discrimination or human rights violations, DNL reflects its focus on ethical operations.
Technical Focus
India’s critical economic contributor, the chemical sector, faces rising ESG compliance demands. DNL’s strategic investments in renewable energy, sustainable manufacturing, and innovative waste-to-value technologies place it at the forefront of this transition. Backward and forward integration projects bolster value chain resilience while advancing India’s "Make in India" mission.
Incorporating cutting-edge technologies like advanced process control and renewable energy sources, DNL demonstrates its ability to align business growth with sustainability goals. Upcoming projects, including a polycarbonate resin plant, further solidify its industry leadership.
Chairman Deepak Mehta stated, “We remain committed to ethics, aesthetics, and economics in fostering a sustainable future for the industry and society.”
This Sustainability Report reinforces Deepak Nitrite’s role as a responsible industry leader ready to tackle future challenges while driving growth through sustainable innovation.