Godrej Industries
Palm oil

Godrej Industries

https://www.godrejindustries.com/

About

Godrej Group was established in 1897 with operations in security equipment and vegetable soaps. Godrej Industries, the group's holding company, was founded in 1963 to consolidate its business operations. Today, Godrej operates in over 40 countries, and is India's largest producer of oleochemicals, its products are used in myriad applications including cosmetics, tyres, detergents, pharmaceuticals, cigarettes and toothpaste. The company's "No.1 soap" is one of India's oldest and most recognisable soap brands. In 2022, its subsidiary Godrej Agrovet signed MOUs with three state governments to increase oil palm cultivation by converting paddy fields.

RSPO Member : Yes RSPO Member : Yes

Environmental, Social, Governance Rating (SPOTT)

12.3%

Source: SPOTT - Sustainability Policy Transparency Toolkit
Godrej Industries map

Market cap

2,000

Million USD

Landbank

75,000

hectares

Supply chain position

Vertically integrated

Grower. Processor of crude palm oil, palm kernel oil and palm cake. Refiner & trader. Manufacturer of consumer goods, animal feeds and oleochemicals.

Refineries / capacity

0

Oleochemical plant with installed capacity for 65,000 MT fatty alcohols per year

NDPE policy

Yes

No deforestation, No peat, No exploitation

Market served

International, Indian, North American, Latin America, Asian, Australian, African

Parent Company

n/a

Subsidiaries

Godrej Agrovet Ltd, Godrej Consumer Products Limited, P.T. Megasari Makmur (Indonesian home and personal care products)

Products

Crude palm oil; crude palm kernel oil; palm cake; bulk edible oils (including vanaspati and bakery fats); oleochemicals: fatty acids, glycerin, fatty alcohols and surfactants such as sodium lauryl sulphate, sodium lauryl ether sulphate & alpha olefin sulphonate

Resources

The Economic Times
Oil palm cultivation: Godrej Agrovet signs MoUs with Assam, Manipur and Tripura
August 23, 2022
Free Press Journal
Godrej Agrovet to enter palm oil refining
August 26, 2022
Mongabay
Mizoram’s balancing act with palm oil’s ecological impact and economic benefits
September 13, 2021
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