Galaxy Surfactants among One of the few Firms to Achieve ISCC PLUS Sustainability Certification

Galaxy Surfactants Ltd., a leading manufacturer of Specialty Care and Performance ingredients for the personal care, home care and beauty industry, has received the globally recognized International Sustainability and Carbon Certification (ISCC) PLUS certification for its manufacturing facilities in Taloja (Maharashtra) and Jhagadia (Gujarat) for their key performance products. With this key milestone, Galaxy becomes one of the pioneers among Indian chemical companies to be recognized under this certification system, reinforcing its commitment towards responsible sourcing and the development of low-carbon footprint products.

With this certification, Galaxy can now manufacture ingredients using raw materials that come from renewable, recycled, or circular sources. The ISCC PLUS system tracks the materials through a mass balance method, ensuring everything is traceable and meets strict sustainability rules, including greenhouse gas (GHG) reduction and responsible sourcing.

The certified products includes SLES (Sodium Lauryl Ether Sulphate), Betaines Phenoxyethanol, using sustainable feedstocks. While these versions are better for the environment, they still match the same high standards of quality and performance as the regular ones.

By offering these sustainable ingredients, Galaxy is helping its customers reduce their Scope 3 emissions, the indirect emissions that come from the products they buy. This supports not just their sustainability goals but also builds a more responsible supply chain across the industry.

Speaking on the achievement, Mr. Avinash Nandanwar, Head of Sourcing and Sustainability at Galaxy Surfactants Ltd., said, "At Galaxy, we see ourselves as a responsible corporate citizen committed to shaping a sustainable future. This certification is an important step forward towards meeting Galaxy's sustainability goals & at the same time facilitating our customers in enhancing their sustainability footprint. We're proud to lead the way with ingredients that are better for the environment and still deliver the expected results."

Galaxy Surfactants is committed to responsible business practices and will continue to invest in sustainable innovation. The company also plans to extend this certification to its other manufacturing sites, and to broaden the scope to additional product lines. This strategic move reinforces Galaxy's commitment to environmental stewardship, customer value, and global leadership in sustainable chemistry.

Shares of Galaxy Surfactants Limited was last trading in BSE at Rs. 2594.95 as compared to the previous close of Rs. 2645.45. The total number of shares traded during the day was 3329 in over 513 trades.

The stock hit an intraday high of Rs. 2680.00 and intraday low of 2590.00. The net turnover during the day was Rs. 8720965.00.

Source : Equity Bulls

Keywords

GalaxySurfactants INE600K01018 SpecialtyChemicals ISCCPLUSCertification ManufacturingFacilities Taloja Jhagadia