ACHIEVEMENT

Raising The Bar For Sustainable Excellence

Mundra Petrochem’s Green PVC project has achieved a 94% ESG compliance score, reflecting its strong commitment to sustainable development.

Mehulkumar Dave

In a major step toward sustainable industrial development, Mundra Petrochem Limited (MPL) has embedded robust Environmental, Social, and Governance (ESG) principles into the design and execution of its Green PVC (GPVC) project. The initiative earned an impressive 94% ESG compliance score in an independent assessment conducted by Bureau Veritas India Pvt. Ltd. (BVIPL), as mandated by the financing institution.

Currently under construction, the GPVC project is being recognised as a benchmark for environmentally responsible and socially inclusive industrial development. ESG considerations have been integrated across all phases—from engineering and design to construction and community engagement.

Key Highlights of ESG Integration

  • Circular Economy in Action: The project plans to repurpose hydrated lime sludge as a raw material in cement manufacturing, reducing limestone consumption by 135% and eliminating the need for landfill space for 167 million metric tons of waste over 30 years.
  • Water Conservation: By utilizing desalinated water and implementing a Zero Liquid Discharge (ZLD) system, MPL will conserve approximately 82 million litres of fresh water daily, saving INR 9 lakh in operational costs each day.
  • Cleaner Technologies: MPL is replacing mercury-based catalysts with gold-based alternatives for VCM production and adopting ionic membrane technology for chlorine and caustic soda manufacturing—aligning with the Minamata Convention on Mercury.
  • Energy Efficiency & Emission Reduction: The project features closed-type submerged arc furnaces, waste heat recovery systems, and plans to use off-gases from carbide furnaces for heating, significant sourcing of renewable power, use of cleaner fuel for steam generation etc. Also, the use of hydrated lime sludge in cement manufacturing will also helpful in reducing CO2 emissions. These measures are expected to significantly reduce greenhouse gas emissions.
  • Renewable Energy Commitment: MPL plans to meet 38% of its power needs through a 1,150 MW solar power plant in Khavda, Gujarat—cutting down GHG emissions by 2 million metric tons annually.
  • Community Development: Under its Corporate Environment Responsibility (CER) program, MPL has invested INR 3 crore in eco-development and welfare initiatives, positively impacting local communities.

Independent ESG Assessment

The ESG audit by BVIPL evaluated MPL’s performance across six key pillars: Environment, Health & Safety, Social Responsibility, Business Ethics, Climate Change, and Responsible Sourcing. The report commended MPL’s use of best-available technologies and its alignment with multiple UN Sustainable Development Goals (UNSDGs).

MPL’s GPVC project is setting a new standard for ESG compliance in the petrochemical sector. With a forward-looking approach to sustainability, the company is not only reducing its environmental footprint but also fostering inclusive growth and ethical governance.