(XIMB) Sustainability - Chemical industry

2. SUSTAINABLE
PRACTICES IN
CHEMICAL
INDUSTRIES BISWAJEET
PANDA UM15137
CHARU
SINGH UM15138
CHIRADIP
MUKHOPADHYAY UM15139
DEV KUMAR
MOHANTY UM15140
DIKSHA ROY
SRIVASTAVA UM15141

3. Agenda
Introduction to the Chemical Industry
Sustainability in Chemical Industry
Sustainable Practices in Indian Chemical Industry
Sustainable Practices in Global Chemical Industry
Comparative Analysis India and Global
Conclusion

4. Industry Overview and Key
Players
 Major countries in
this area include
Chemical Sector
Risk Rating is low
Strengths
• Strategy of upmarket
positioning
• Diversified outlets
softening shocks
• High operating cash flows
Weaknesses
• Sensitive to global
economic situation
• Highly capital intensive
• Poor pubic image due to
environmental concern
Industry
Overview
Sustainability
in Chemical
Industry
Sustainable
Practices in
Indian
Chemical
Industry
Sustainable
Practices in
Global
Chemical
Industry
Comparative
Analysis
Conclusion
$2900
BILLION
USA, Germany
China
Major Players
LOW RISK
SECTOR

5. Drivers of Sustainability in Chemical Industry
 Regulatory Drivers
 Management of chemicals
including disclosures and health
impacts
 Prevention of chemical accidents
and chemical safety.
 Stakeholder Drivers
 NGO’s , customers, communities
being more vocal
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
Indian
Chemical
Industry
Sustainable
Practices in
Global
Chemical
Industry
Comparative
Analysis
Conclusion
HAZARDS
CHEMICAL
INDUSTRY
ACCIDENTS

6. Sustainable Practices in
Indian Chemical Industry
National Chemical Policy 2012
 Importance to R&D, safety, sustainability and green
chemicals
 Consolidation of multiple regulations into a single
holistic framework
 Responsible Care certification.
 Co-ordination with National Disaster Management
Authority
 5yr plan focuses on resource and environment
sustainability
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices in
Global
Chemical
Industry
Comparative
Analysis
Conclusion

7. Tata Chemicals
Tata Swach non-electric water purifier
using rice husk ash with nano-tech
Paras Farmoola innovative nutrient that
enhances crop productivity and improves soil health
Tata Salt Reusable primary outer bags, to
reduce high density polyethylene(HDPE)
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices in
Global
Chemical
Industry
Comparative
Analysis
Conclusion

8. Reliance Chemicals
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices in
Global
Chemical
Industry
Comparative
Analysis
Conclusion
Innovations in packaging
Green polymer bags, fabric pallet for PET chips,
aseptic packaging of milk etc.
Reliance Mitr
Pipeline Integrity Management to enable
crowdsourcing of incidents
Global Recycle Standard
Hoshiarpur Manufacturing Division certified
manufacturing Polyester Staple Fibre with 100%
recycled PET flakes.

9. DuPont
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion
DuPont™
Optimase®
Bio-based solution for cleaning
while reducing environmental
footprint
DuPont™
Nucrel®
integrates paper, metal and
polyethylene layers of the juice
packs, protecting the beverage.
DuPont™ Bynel®
A tie layer resin – low cost film
pouch for keeping milk fresh
without refrigeration for 90
days.
DuPont™
Sorona®
Renewably sourced bio
based fibers

10. Dow Chemicals
245 MW
of Dow’s power comes
from low-carbon or from
renewable sources today
7,000
truckloads of material
headed for disposal have
been converted into by-
product synergy streams.
30,000 gallons
of household wastewater is
recycled each day, purifying
it to make steam and feed its
manufacturing plants.
18,000
storedrop-offlocationsthroughout
NorthAmerica.Localscandrop
their productsforrecycling
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion

11. Indian and the Global Standards
Parameters India Global
Reporting and
Disclosure
• Few companies have
sustainability reports
• companies have a section
on their websites
• External verification over
their sustainability
reporting
• Carbon Disclosure
Project, Dow Jones
Sustainability Index,
FTSE4Good Index
Material Issues • Identifying material
issues is not adapted
• A holistic assessment of
issues in the socio-
economic context and
business environment is
not carried out .
• The societal axis,
community
engagement and
employee well-being
are dominant themes
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion

12. Parameters India Global
Strategic
Approach
Sustainability is still not
viewed as ‘beyond
compliance’ or ‘beyond
business as usual’.
Sustainability is
recognised as both as a
business driver and a
business outcome
Stakeholder
Engagement
Purely need-based, and
reactive
Chemical companies
are seen to be speaking
with a diverse set of
stakeholders
Sustainability
Governance
Tangible governance
structures and their
disclosures are not seen
Community Advisory
Panels’ act as internal
watchdogs to ensure
sustainability
Indian and the Global
Standards
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion

13. Sustainability Evolution
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion

14. Conclusion and further steps
 Limited natural resources ,expanding population calls for
the need of sustainable solutions.
 Stakeholders of companies need to be actively involved
in sustainability aspect of projects
 Tax incentives and/or subsidies should be provided from
the government.
 Support research funding and develop products and
processes that enable society to achieve science-based
climate goals
Industry
Overview
Sustainability
Practices
Sustainable
Practices in
India
Sustainable
Practices
Global
Comparative
Analysis
Conclusion