Neogen Chemicals Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY25-26 to the National Stock Exchange of India Limited (NSE) and BSE Limited on July 30, 2026, highlighting significant reductions in carbon footprint and progress on inclusive sourcing targets. The filing, made in accordance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reveals that Scope 2 emissions dropped by 58.08% year-on-year, while Scope 1 emissions decreased by 8.83%. These environmental gains coincide with the company achieving its commitment to source 25% of total input materials from Micro, Small and Medium Enterprises (MSMEs), up from 18% in FY24-25.

The sustainability disclosures were independently verified by Bureau Veritas (India) Private Limited, which issued a reasonable assurance report on nine core BRSR indicators. The assurance scope covered physical site visits at Karakhadi and Dahej manufacturing facilities, alongside virtual audits of Patancheru, Mahape sites, and the Thane headquarters. Bureau Veritas confirmed that the company’s systems for collecting and aggregating quantitative data on key metrics—including greenhouse gas footprint, water usage, energy consumption, and waste management—were robust and free from material misstatement.

Environmental Performance

Neogen Chemicals demonstrated measurable progress in decarbonization during the reporting period. The reduction in Scope 2 emissions was driven by enhanced energy efficiency measures and increased procurement of renewable electricity. Scope 1 emissions also declined, falling from 11,420.20 metric tonnes in FY24-25 to 10,411.62 metric tonnes in FY25-26.

The company has set a long-term target to reduce Scope 2 emissions by 75% by 2030. To support this goal, Neogen continues to invest in solar infrastructure, including panels installed at its Karakhadi plant, and is exploring Carbon Capture, Utilization, and Storage (CCUS) technologies. Additionally, the Dahej SEZ plant operates a Zero Liquid Discharge (ZLD) system, processing 100% of wastewater for recycling, thereby minimizing freshwater consumption.

Social and Governance Metrics

On the social front, Neogen Chemicals achieved its local economic development objective by increasing MSME procurement to 25% of total inputs. The company aims to raise this figure to approximately 35% by FY26-27. Workforce diversity remains a focus area, with women constituting 13% of the Board of Directors and 50% of Key Management Personnel. However, female representation among permanent employees stands at 5%, prompting a goal to increase this to 10% by FY29-30.

Safety performance remained strong, with the company reporting zero loss-time injury frequency data during FY25-26. All manufacturing sites hold ISO 45001:2018 certification for occupational health and safety. The company also emphasized ethical governance, reporting no disciplinary actions or conflict-of-interest complaints involving directors or employees. While no material fines were imposed under SEBI regulations, the company disclosed several regulatory penalties related to customs, GST, and pollution control, all of which were either paid or appealed as per statutory timelines.

What the Numbers Show

The disproportionate decline in Scope 2 emissions compared to Scope 1 suggests that Neogen’s recent sustainability investments have been more effective in optimizing purchased energy than in reducing direct process emissions. With Scope 2 dropping nearly 60% while Scope 1 fell less than 9%, the data indicates that renewable energy procurement and efficiency upgrades in power consumption are the primary drivers of the company’s current carbon reduction strategy. This divergence highlights where future operational improvements may need to focus to meet the 2030 targets.

Neogen Chemicals released the audio recording of its analysts and investors conference call held on July 27, 2026, to discuss financial results for the first quarter of fiscal year 2027. The management team addressed stakeholder queries regarding operational and financial performance during the session. Investors can access the recording directly via the company’s official website, ensuring transparency and timely dissemination of material information.

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Neogen Chemicals submitted the notification to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on July 27, 2026. The filing confirms that the conference call took place at 4:00 p.m. on Monday, July 27, 2026.

Conference Call Details

The company has hosted the audio recording of the earnings call on its digital platform. Investors can access the file directly via the provided link on the Neogen Chemicals website. This step aligns with regulatory requirements for timely dissemination of material information to the investing public.

Regulatory Compliance

Unnati Kanani, Company Secretary and Compliance Officer of Neogen Chemicals, signed the disclosure letter. The document was digitally signed and timestamped on July 27, 2026, at 18:31:31 IST. The submission includes the company's scrip code on BSE (542665) and debt segment code (977028), as well as its symbol on NSE (NEOGEN).

What the Numbers Show

While the specific financial metrics were discussed during the call, the primary purpose of this filing is to provide access to the full transcript of management's commentary. Stakeholders are advised to review the audio recording for detailed insights into revenue trends, margin dynamics, and forward-looking guidance provided by the executive team during the session.