MUMBAI (India CSR): Galaxy Surfactants restored 4,15,261 (CuM) cubic metres of water back to the environment in comparison to its withdrawal of 2,97,513 CuM of water, the company said.
The company has achieved the status of being a water-positive company, it said.
The certification was granted by DNV Business Assurance India Private Limited which carried out verification of Galaxy’s Water Accounting Data for its operational plants at Tarapur, Taloja and Jhagadia and Corporate Office at Navi Mumbai in India.
India is home to 18% of the global population but only possesses 4% of the global water resources. According to OECD, by 2050, the consumption of water by manufacturing industries will be 400% of what it was in 2000.
Galaxy Surfactants, with the principles of Water Stewardship, has directed its operations to ensure the usage of water, socially and culturally equitable, environmentally sustainable, and economically beneficial, the company added.
DNV adopted a risk-based approach and conducted the onsite and off-site evaluation of the qualitative and quantitative information and Water Debit and Credit data presented in Galaxy Surfactants’ Water Report. Accordingly, Galaxy Surfactants obtained a water balance index of 1.40, a rare achievement by a Chemical company, the company said.
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