Sustainability in India’s Chemical Industry: Trends, Challenges & the ESG Imperative in 2025
As India steps into 2025, the spotlight is firmly on sustainability—and the chemical industry is at the heart of this transformation. In the January 2025 edition of CNK & Associates LLP’s ESG newsletter, the focus shifts to a sector pivotal to India’s industrial growth: chemicals. With its deep-rooted legacy and status as the sixth-largest chemical producer globally, the industry is undergoing a pivotal shift driven by environmental, social, and governance (ESG) factors.
This issue unpacks the industry’s evolution, pressing sustainability challenges, and emerging innovations like bioplastics, bio-metabolites in agriculture, and circular economy practices. It highlights key ESG concerns, from air and water pollution to governance lapses and labor rights—issues that demand immediate and sustained action. The newsletter also underscores the importance of aligning with SEBI’s latest BRSR (Business Responsibility and Sustainability Reporting) guidelines for 2024–25.