Galaxy Surfactants Ltd Rated Gold for Corporate Social Responsibility for the year 2020 by EcoVadis

EcoVadis the world's most trusted sustainability ratings, awarded Galaxy Surfactants Limited, one of India's leading companies in the world of surfactants and specialty care products with a Gold medal for Corporate Social Responsibility (CSR) for the year 2020. Galaxy Surfactants Ltd is in the top 5% companies which have been assessed by EcoVadis for various sustainability ratings and corporate social responsibility practices followed by corporates.

This is the second consecutive award from EcoVadis, awarded to Galaxy Surfactants Ltd for following global standards in corporate social responsibility.

EcoVadis is the global business sustainability ratings organization, who assesses companies' performance annually on international sustainability standards covering four key areas: environment, labor and human rights, ethics, and sustainable procurement.

"Sustainability forms our Core. A journey which began in 2010-11, shall complete a decade in 2020-21. A decade marked by remarkable work done in the areas of Responsible Care, establishing ZLD (Zero Liquid Discharge) units across all our sites and pioneering Innovation that is sustainable, green and incorporates our patented green technology for manufacturing - all in all a sustainable and environmentally conscious proposition", said Mr. U. Shekhar, Managing Director, Galaxy Surfactants Limited.

Mr. U Shekhar further added, "We believe that our goals reflect our determination towards a more sustainable future. We focus extensively towards the areas of climate change: energy, greenhouse gases, renewable energy, tree plantation; water; packaging waste and life cycle assessment."

Early this year, Galaxy's Taloja Plant was rated by GreenCo in accordance to its Green company rating system, Best Process Innovation Award for the year 2018 by Independent Community Intelligence Services (ICIS), ISDC Conference Iconic Company Award for FY18, Indian Chemical Council's Responsible Care Logo certification for the year 2017-20 are some of the major awards received by Galaxy Surfactants in the last few years, thus showcasing global standards in their operations, business sustainability and core value like Character, Competence, Competitiveness and Comfort.

Shares of Galaxy Surfactants Ltd was last trading in BSE at Rs.1718.4 as compared to the previous close of Rs. 1750.15. The total number of shares traded during the day was 3122 in over 856 trades.

The stock hit an intraday high of Rs. 1800 and intraday low of 1686.1. The net turnover during the day was Rs. 5343625.

Source : Equity Bulls

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