Hikal Wins EcoVadis Gold Medal, Ranks Among Top 5% Companies Globally for Sustainability Performance
“The award reflects the company's efforts to make sustainability a key part of its business strategy and daily operations,” said Sameer Hiremath, Vice Chairman and Managing Director at Hikal.
Pune:Hikal Limited, a partner to global pharmaceutical, crop protection and specialty chemical companies, has been awarded the EcoVadis Gold Medal, placing it among the top 5% of more than 175,000 companies assessed globally by EcoVadis for sustainability performance.
“The award reflects the company's efforts to make sustainability a key part of its business strategy and daily operations,” said Sameer Hiremath, Vice Chairman and Managing Director at Hikal.
"The EcoVadis Gold Medal reflects the progress we have made across environmental stewardship, responsible manufacturing, ethical business practices and sustainable procurement," he noted.
Hiremath said the Gold Medal strengthens its position in global life sciences and specialty chemicals supply chains, where customers increasingly expect suppliers to meet high sustainability standards.
He said the Gold Medal strengthens its position in global life sciences and specialty chemicals supply chains, where customers increasingly expect suppliers to meet high sustainability standards.
The recognition highlights Hikal's efforts to strengthen environmental, social and governance (ESG) practices while supporting global pharmaceutical, crop protection and specialty chemical companies.
Hikal secured an overall score of 84 out of 100 in the EcoVadis assessment and achieved a 97th percentile ranking globally.
Hikal said it aims to achieve the Platinum Medal which it missed by just one point, as the Platinum category requires a minimum score of 85 in the next assessment cycle.
EcoVadis is one of the world's largest sustainability rating providers, evaluating companies across more than 185 countries and over 250 industries.
Hikal's performance was assessed across four major sustainability areas of environmental protection, labour and human rights, ethical business practices, and sustainable procurement.
Hikal serves the pharmaceutical, animal health, crop protection and specialty chemicals industries. The company operates five manufacturing facilities across Maharashtra, Gujarat and Karnataka, along with a research and technology centre in Pune.