If the world today is moving, slowly but consistently, towards conscious and responsible action, it's because of one simple idea: everyone can be a change-maker.
It's a precept Marico has believed in for years.
In every layer of our organization, and in the DNA of every member, is embedded a desire to make a difference; to adopt every possible measure, big or small, that will take us further along the road to sustainability. We can, and we do make a difference. We see it not only in bottom lines and awards, but also in enhanced relationships, a safer, cleaner environment and a corporate ethos that has sustainability embedded in its very core.
Overview
Climate change, sustainable development and ecological consciousness are global concerns, inspiring significant policy decisions by world leaders as well as the United Nations. As a responsible corporate, Marico is committed to the global agenda with a specific and focused framework for achieving them within the parameters of our business operations.
Our Stakeholder's
Engaging with our diverse stakeholders in an on-going, long-term dialogue is a core component of our business. We firmly believe that a genuine and consistent stakeholder engagement initiative, offers multiple benefits in terms of collaboration and long-term growth, and has a significant positive impact on our business and sustainability goals.
Sustainability Focus Areas
Marico sustainability objective is therefore, focused to create industry-leading value with brands and products that consumers prefer, while at the same time, conserving resources, protecting the environment, and improving social conditions for those who need it most.
We have targeted six material areas which are very critical to our business in today's context.
Sustainable Procurement
As Marico's material and service requirements are varied, sustainable procurement becomes critical for the business. We aim to procure goods which are economically viable and which benefit the organization, customers, society and the environment.
Energy Management
As a responsible corporate, we aim to reduce our energy consumption and adopt environmental-friendly production technologies.
Water Management
Availability of water is a global challenge today and as a part of our ongoing sustainability commitment we aim to set new benchmarks in this material area of our business.
Waste Management
Waste management is an area of high relevance to our business and we are committed to reducing our waste on a year-on-year basis and having a robust waste recycling and reusing mechanism in place.
Product Responsibility
The products we manufacture are used by people every day, and our consumers expect our products to be environmentally and socially responsive. Therefore, we aim to provide products that are safe in nature and do not impact the environment and community adversely while maintaining high quality standards.
Future-ready capability building
Building competencies is a progressive process; in a dynamic environment it becomes critical to build future-ready capabilities for business and individual growth.
Sustainable supply assurance is at the heart of Marico's Procurement Excellence Framework. As a part of our business initiatives, we have been able to forge a strong and long-lasting relationship with our partners.
Farmer First Program
Majority of Marico's raw materials are agricultural produce. Our "Farmer First" programme was launched a few years ago, with the aim of solving immediate issues and empowering farmers for the future. The initiative has helped the farmers to strengthen agricultural productivity and multiply yields on a sustainable basis.
Coconut: Boosting Tradition with Technology
We constantly engage with coconut farmers and train them on agricultural management. Marico is proud to have conducted over 150 sessions, training more than 4500 farmers, and enrolling more than 500 farmers for a scientific implementation of practices.
Safflower productivity development
As a responsible stakeholder in the safflower value chain, Marico stepped in to help, with its Safflower Extension Programme. The plan was multi-faceted, aimed at improving various aspects of the value chain.
Seed Development and Propagation
Popularizing high-yielding seed varieties
Testing and propagation
Extension classes to improve yields
Price security through contract farming
Green Manufacturing is the vision that is at the heart of our environmental stewardship - a holistic approach that encompasses energy efficiency, reduced water consumption, waste management, renewable energy and greener manufacturing processes and technologies. Every member of Marico is imbued with the spirit of sustainability and the genuine desire to protect and preserve nature.
Our Impacts
At Marico, the idea of social responsibility is viewed from the perspective of moral and ethical duty rather than an obligation. We explore our commitment to 'Make a difference' across the spectrum, from initiatives that enhance lives in our immediate neighbourhoods, to ambitious programs that propel business growth and impact the economy.
Community Support Programs
Marico has created a CSR culture which empowers its members to actively give back to society in simple yet impactful ways. Members at different locations of Marico come together to support big and small causes.
Marico Bangladesh
Dhaka Ahsania Mission Children Learning Center project
As part of our continued efforts to create a positive lasting impact on the society, Marico Bangladesh formed a partnership with Dhaka Ahsania Mission (DAM) to bring the light of education to underprivileged communities. With 75 centres offering education, life and social skills, the Center has enrolled 3113 children, mainstreamed 863 children in formal schools and also created awareness of child rights and the social evils of child marriage and dowry.
Marico South Africa
Just for Baby - Creating a culture of children's rights
Our brand Just for Baby launched an initiative in partnership with Childline South Africa, an effective non-profit organization that works to protect children from violence and create a culture of children's rights in South Africa.
Hercules Smart School Campaign
Marico South Africa launched the HERCULES Smart School Campaign in 2015. HERCULES reached out to 50 schools in 2 townships within major metropolitan areas. The campaign was a success resulting in HERCULES interacting with over 32,000 learners (plus the teachers and parents) over the set period.
