Aarti Industries

Road to Sustainable Development

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Authors

Suraj Karn

Suraj Karn

Praveen Mishra

Praveen Mishra

Siddharth Manral

Siddharth Manral

Shreyash Mantri

Shreyash Mantri

Sreehari Menon

Sreehari Menon

Pranav Mathur

Pranav Mathur

School

K.J. Somaiya Institute of Management Studies and Research

K.J. Somaiya Institute of Management Studies and Research

Professor

Preeti Rawat

Preeti Rawat

Global Goals

1. No Poverty 6. Clean Water and Sanitation 7. Affordable and Clean Energy 9. Industry, Innovation and Infrastructure 11. Sustainable Cities and Communities

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Summary

Aarti Industries' operations aligns with the UN SDGs on several fronts. These include:

  • Striving to reduce waste born out of industrial waste.
  • Reusing waste byproducts of industrial processes for sustainable growth.
  • Offering employment opportunities to the local people.
  • Providing clean water and sanitation.
  • Supporting good health to employees and local communities.

Innovation

Aarti Industries currently manufactures more than 100 different products with just 4-5 raw materials. They mastered the technique of reusing the byproduct of one chemical reaction into a profitable product. For example, the toughest thing is to balance isomers of Benzene, mono-chloro benzene has a significant market value, but di- and tri-chloro benzene has no real value so people discard it by burning it or dumping it in landfills. Aarti industries adds value to tri-chloro benzene by further treating it sp they can sell it for profit.

Road to Sustainable Development

Inspiration

Aarti Industries explains their approach towards sustainability as "optimizing the use of available resources such as raw materials, utilities, human resources, etc. Aarti constantly works towards minimizing its environmental footprint through this approach."

Overall impact

Aarti Industries makes hiring local people living near their plants a priority. This helps in generating direct and indirect employment for the local community. This also aids in increased productivity since less time and resources are required to commute or relocate. The local community also considers the company as a part of their community and rather celebrates its existence.

The importance given to security and safety by the company gives employees the faith to work happily and without any fear of accidents. This is clearly seen as they have had almost no accidents in the past few years.

The quality has been maintained by the company but the wastes generated have been greatly reduced thus increasing efficiency and productivity.

Business benefit

  • High productivity and increased market share, leading to increased shareholder value
  • Recycling of wastes has improved the efficiency and reduced costs of production

Social and environmental benefit

Goal 3: Good Health And Well-Being

For both employees and people living near a plant, there are safety procedures and mock drills to prepare everyone for any kind of emergencies (e.g, leaks, fires)

Goal 6: Clean Water and Sanitation

Water is treated to the level that is drinkable before releasing it to nearby water bodies; there are taps outside the factory from which you can directly drink water as the water is treated with utmost priority before discharging it.

Goal 11: Sustainable Communities

People living near plants are given job opportunities and chosen on priority to work in the plant. This helps in generating direct and indirect employment for the local community.

Goal 12: Responsible Consumption and Production

Aarti Industries currently manufactures more than 100 different products with just 4-5 raw materials. They mastered the technique of reusing the byproduct of one chemical reaction into a profitable product.

Interview

Priyank Dedhia, Manager, Business Excellence

Business information

Aarti Industries

Aarti Industries

Mumbai, Maharashtra, IN
Year Founded: 1984
Number of Employees: 501 to 1000
Aarti Industries is a leading Indian manufacturer of Speciality Chemicals and Pharmaceuticals with a global footprint. Chemicals manufactured by Aarti are used in the downstream manufacture of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, dyes, etc.