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Sustainability at Prasol
Our Commitment to Sustainability
At Prasol Chemicals, we are dedicated to maximizing stakeholder value while upholding legal, ethical, and sustainable practices. Our focus is on environmental protection, social responsibility, and governance excellence, ensuring long-term positive impact on society and the environment.
Corporate Social Responsibility (CSR)
CSR Policy & Initiatives
Our Achievements
CSR Policy & Initiatives
- CSR Committee: Established by our Board of Directors.
- Revised CSR Policy: Implemented on March 1, 2022.
- Key Focus Areas:
- Rural development projects
- Healthcare
- Education and skill enhancement
- Environmental sustainability
- Socio-economic development and relief
Our Achievements
- Promoted education, including special education and vocational training.
- Conducted extensive tree plantation drives.
- Contributed to the Prime Minister’s National Relief Fund for disaster relief.
Sustainability Practices
- Effluent Treatment Program (E.T.P.) & Water Recycling: Maintaining a Zero Discharge Facility.
- Tree Plantation Drive: Planting trees within and around our factory premises.
- Co-Generation of Electricity: Installation of co-generators.
- Regular health check-ups for employees.
- Supporting local schools and educational organizations through charitable initiatives.
- Regular first-aid training and health check-ups at factory premises.
- Promoting the use of personal protective equipment.
- Fully pressurized fire-fighting system for enhanced safety.
UN Global Compact
Since 2024, Prasol Chemicals Ltd. has been a proud member of the United Nations Global Compact, the world’s largest initiative for corporate social responsibility.
By integrating the UN Global Compact’s 10 Principles in the areas of Human Rights, Labor Standards, Environmental Protection, and Anti-Corruption, we are committed to operating responsibly and driving sustainable growth.
Through this global platform, Prasol is dedicated to contributing towards a more sustainable and ethical future while aligning with the United Nations Sustainable Development Goals (SDGs).
Together For Sustainability
Together for Sustainability (TfS) is a global, chemical industry-driven initiative that was founded in 2011 by several leading chemical companies (including BASF, Bayer, Evonik, Henkel, and Lanxess).
Its main goal is to improve sustainability practices within the chemical supply chain by setting common standards for:
- Supplier assessments (evaluating environmental, social, and governance/ESG performance)
- On-site audits (checking compliance with sustainability criteria)
- Capacity building (training and supporting suppliers to improve their sustainability performance)
Key Points about TfS:
- It is based on principles of the United Nations Global Compact and Responsible Care.
- Suppliers are evaluated on criteria such as environment, health & safety, labor & human rights, management systems, and business ethics.
- Results are shared among all TfS member companies, avoiding duplication of audits/assessments and reducing costs for suppliers.
- Today, TfS has grown into a global organization with dozens of member companies representing a large portion of the worldwide chemical industry’s purchasing power.
Prasol scored 93% in the assessment demonstrating our commitment to sustainability.
Our Vision for a Sustainable Future: We believe in transparency, sustainability, and innovation as the core pillars of our growth. Our TfS certification motivates us to further strengthen our commitment to environmental stewardship, social responsibility, and ethical governance.
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