Astec LifeSciences Limited, a subsidiary of Godrej Agrovet Limited and a trusted manufacturer of agrochemicals, active ingredients and pharmaceutical intermediates, has bagged the EcoVadis Gold Medal. With this achievement, the company now ranks among the top five per cent of companies globally. It has been recognized for excellence in sustainability and Environmental, Social, and Governance (ESG) performance.
Notably, Astec LifeSciences had secured a Bronze rating in 2024, making this advancement to Gold a significant milestone. The recognition further strengthens the company’s value proposition as a reliable and responsible manufacturing partner to customers worldwide.
Global Benchmark in Sustainability Performance
EcoVadis is one of the world’s most widely recognised sustainability ratings platforms. It has assessed more than 1,50,000 companies across 185+ countries and 250 industries. The evaluation examines how organisations integrate sustainability principles into their operations, policies, and supply chains. EcoVadis conducts a rigorous assessment of corporate performance across critical ESG parameters. These include environmental impact, labour and human rights, ethics, and sustainable procurement.
Leadership Perspective: ESG as a Strategic Priority
Burjis Godrej, Executive Director, Godrej Agrovet Limited, and Managing Director, Astec LifeSciences Limited, highlighted, “Guided by the Godrej Industries Group’s philosophy of putting people and the planet first, sustainability and strong governance lie at the heart of value creation at Astec LifeSciences,” he said. “Our continuous improvement, driven by feedback from previous EcoVadis audits, reaffirms that ESG is integral to how we steer the business.”
He further emphasised that ESG at Astec LifeSciences goes beyond compliance. “For us, ESG is a strategic lens through which we engage stakeholders, manage risk and build resilient, future-ready businesses that contribute positively to the wider ecosystem. We remain committed to integrity and long-term value creation for all stakeholders, communities and the environment,” he said.
Timely Recognition Amid Rising ESG Expectations
The EcoVadis Gold recognition comes at a crucial time as companies across the chemical and agrochemical sectors intensify their focus on ESG and governance frameworks. Regulators, rating agencies, and financial institutions are increasingly scrutinizing businesses. This pressure is pushing companies toward greater transparency, lower environmental impact, and stronger supply-chain sustainability.
As per the press release, Astec LifeSciences’ achievement underscores its proactive approach to sustainability. It reinforces the company’s position as a responsible industry leader. The company will reduce its carbon and ecological footprint while meeting global standards of excellence.
