NOCIL Limited has published its Business Responsibility and Sustainability Report for FY25-26. The company has set long-term targets to reduce greenhouse gas emissions and obtained voluntary assurance for its ESG disclosures.
NOCIL Ltd Releases FY25-26 Sustainability Report
NOCIL Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, showcasing its commitment to environmental, social, and governance (ESG) practices.
What just happened
The company has voluntarily undergone limited assurance for its BRSR Core attributes from TUV SUD, ahead of the mandatory requirement for FY26-27. The report details key figures including a paid-up capital of ₹167.02 crore, turnover of ₹1,279.53 crore, and a net worth of ₹1,773.20 crore for FY25-26.
Why this matters
This proactive disclosure and assurance signal NOCIL's dedication to transparency in ESG reporting. Investors can assess the company's long-term environmental strategy, specifically its climate targets, and operational compliance.
Reader Takeaway: Clear ESG targets and proactive assurance; stable compliance and workforce metrics.
The backstory
NOCIL Limited is a major player in the chemical industry, primarily involved in the manufacturing of rubber chemicals. The company has been increasingly focusing on integrating sustainability into its business operations, aligning with global trends and regulatory expectations.
What changes now
The report provides investors with a clearer view of NOCIL's sustainability performance and future commitments. The voluntary assurance adds credibility to the reported ESG data.
Risks to watch
While the report highlights strong compliance, investors should monitor the company's progress in achieving its ambitious GHG emission reduction targets over the next decade. Any deviation could impact its ESG ratings and stakeholder perception.
Peer comparison
NOCIL's voluntary assurance is a step ahead of many peers, reflecting a strong commitment to ESG disclosure standards. The chemical industry globally is facing increasing pressure to reduce its environmental footprint.
Context metrics (time-bound)
- Paid-up capital: ₹167.02 crore (as of March 31, 2026)
- Turnover: ₹1,279.53 crore (FY 2025-26)
- Net Worth: ₹1,773.20 crore (FY 2025-26)
- Scope 1 GHG emissions: 1,23,179.23 tonnes CO2e (FY 2025-26)
- Scope 2 GHG emissions: 25,312.33 tonnes CO2e (FY 2025-26)
- Workforce: 785 employees and 842 workers (end of FY 2025-26)
What to track next
Investors should track NOCIL's performance against its FY2034 GHG emission reduction targets (58.80% for Scope 1 & 2, 35.0% for Scope 3) and future ESG disclosures.