Sustainability is an integral part of who we are as a company and how we do business. It’s not just the products we create, but our alignment with all our stake holders, neighbouring community, optimal usage of natural resources and generally accepted principles on Environment, Social Responsibility, and Governance. Finolex pays utmost attention to energy and resource conservation. Be it energy saving or optimization, we keep working towards the overall goal of sustainability. Our approach has been recognized in the past, both at the State and National levels, through various awards.


Recent Recognition

Best Safety Practices Award 2015 – National Safety Council

Green Manufacturing Excellence Award 2014: Certificate of Merit, Believers category from Frost & Sullivan.

Water Company of the Year Award by the National CSR Leadership Congress & Awards

Bluedart Global CSR Excellence and Leadership Award for “Support & Improvement in Quality of Education”



At Finolex, we respect, protect, and make efforts to maintain the ecological balance. Environment protection is an integral part of all our activities. An environment management cell operates to monitor & control the environment parameters at all sites through regular audits which are reviewed by the management. Our Ratnagiri Plant is certified by DNV for Integrated management system inclusive of ISO-9000 for QMS, ISO 14001:2015 for EMS and OHSMS 45000 for Safety and Health. All our pipes plant conform to the relevant pollution control standards. Our polymer product replaces the need for metals, protects the surfaces from corrosion, and provides clean corrosion-free, energy-efficient and durable water transportation system.


Pollution Control

Our PVC resin plant is designed based on a German technology and is closely monitored & controlled by a computer based system. No untreated uncontrolled emissions are released in the environment. Stack gases and chimney vents are monitored regularly by independent agencies of repute. Flue gas from the power plant, stack as well as aqueous effluent are equipped with online monitoring systems connected directly to the State Pollution Control Board servers. Ambient air quality is monitored as per national standards. Air samples at various locations are collected regularly throughout the year following best practices.


Water Harvesting



Finolex has built a dam on a river Thorli, 7 km away from our Ratnagiri plant. This dam has resulted in recovering a rainwater runoff which would have otherwise flown off to sea. It has helped in increasing the groundwater table in the surrounding area.


Rain Water Harvesting

Finolex has built two large capacity surface water reservoirs lined with geomembrane at our plant in Ratnagiri with the capacity of 3 lakh cubic meter each. Reservoirs use the natural terrain aiding maximum harvesting of rainwater.


Effluent Recycling

Out of 3000 cubic meters of influent water, aqueous effluent generated every day at Ratnagiri, close to 50% effluent is treated to boiler feed water quality and reused in the plant.

Remaining effluent is fully treated to meet Maharashtra Pollution Control Board norms in our technologically advanced effluent treatment plants with primary, secondary and tertiary treatment facilities. Treated water is then used for irrigating our plantations spread over 150 acres of the green corridor within plant premises.

Finolex has adopted the principle of zero liquid effluent discharge at its facilities. We ensure no effluent is allowed to be released outside our plant untreated. Close monitoring is done through round the clock vigilance checks at the plant.


Green Belt

An old barren land which existed at plant site before 1990 has been transformed into a lush green belt of today. More than 50,000 trees of various species including mango, cashew, coconut, Acacia and so on are planted in an area spread over 150 acres.


Solid Waste Management

Finolex is committed to world-class solid waste management practices at its plant. All hazardous solid waste is disposed off through an authorized waste disposal facility at Mumbai Waste Management in Taloja. Electronic waste is disposed off through Eco Recycling Limited, a Maharashtra Pollution Control Board approved facility.

Compostable canteen waste is processed through machines which convert waste food to organic manure. Green garbage is crushed and converted to pellets used in our canteens as fuel.

We minimize the generation of plastic waste as a policy. All plastic waste is fully segregated and recycled.


Noise Pollution

Plants ensure that noise levels are maintained within levels prescribed by respective state authorities. Noise is monitored at various locations in the plant. In high noise areas, such as compressor and blower houses, HSE guidelines ensure wearing ear protection (ear muffs and earplugs) as a mandatory requirement.


Energy Saving and other initiatives

Raw material and chemicals consumption is very closely monitored and losses are kept at a minimum. Finolex consumption figures are comparative to similar industry benchmark worldwide.

We have taken up a drive to replace our lighting with power-saving LEDs.





Mukul Madhav Vidyalaya

Working in and around the villages of Ratnagiri, our founders recognized the need for rural upliftment. In 2008, Finolex Industries Limited donated 10 acres of land to Mukul Madhav Foundation for the establishment of a school on the outskirts of Ratnagiri. As a result, Mukul Madhav Vidyalaya (MMV) was established on 24 June 2010 in Golap, Ratnagiri, to provide quality English education at an affordable cost to the local community.

MMV started with a modest strength of 151 students and has now grown steadily into a full-fledged SSC affiliated school with over 600 students from Pre-Nursery to Std. VIII, moving on to 10th grade and junior college.

Spread over 20,000 square feet area, Mukul Madhav Vidyalaya provides adequate opportunities for the holistic development of the students. We want our students to emerge as skilled, confident and responsible individuals with strong fundamentals and values. We believe that a school should be a place where a child loves to be; hence, we have paid thorough attention to the infrastructure and facilities to suit the students’ requirement.

Science on Wheels

FIL and CSR partner MMF donated a motorcycle to Mr. Ashok Dixit to help him be self-reliant to demonstrate science exhibitions in schools around Ratnagiri area. He has been doing this since 2007. Since the schools do not have proper infrastructure or facility to have a science lab, Mr. Dixit will move in this vehicle and cover the schools. He carries the equipment’s and requisite material in a box which is also donated by MMF

Upgrading the Infrastructure and Quality of Education imparted in Government Schools:

Additionally, we provide assistance in the form of teaching staff to Zilla Parishad schools,

PMC schools and other unaided schools in Maharashtra and Gujarat. With the help of

regular training and skill development programs, these teachers continue to be an integral

part of our efforts to educate the future generation across the country.


We have sponsored many aspirants for further studies and helped them fulfill their dreams.



Finolex Industries Limited and Mukul Madhav Foundation (MMF) began a unique project to help children with Cerebral Palsy (CP) in Satara since November 2015. As per a survey, 314 children had been diagnosed with CP in the entire district. With the policy of inclusive education in place, the district was promoting these children to attend regular schools. However, as they did not have the required infrastructure i.e. specially designed Cerebral Palsy chairs in their Zilla Parishad schools, MMF had been approached for support. Finolex and MMF donated 100 CP chairs to the ZP schools.

However, when the MMF team began door-to-door verification of these cases, they noticed the need of these children to be comfortable at their homes where they spent most hours of the day. A voluntary increase in donation was thus made, and specially designed wheelchairs (imported from China) and portable commode chairs were provided to each of these children at their homes. Thus, the venture of distributions began in December 2015.

Till date, we have successfully donated 178 wheelchairs and 104 commode chairs. Mukul Madhav Foundation also received a “Samman Patra” from the Zilla Parishad of Satara, for the work done in this district.

In March, April and May 2016, MMF along with an expert team of doctors comprising of neurosurgeons, orthopedics, physiotherapists, occupational therapists, speech therapists, orthoptists and optometrists from renowned hospitals of Pune such as Sancheti Hospital, Bharati Hospital, KEM Hospital, Deenanath Mangeshkar and H V Desai Eye Hospital conducted three assessment camps and screened 309 children with Cerebral Palsy. These camps were conducted for two days in each month, in the talukas of Wai, Mahableshwar, Satara, Karad, Koregaon, Khandala, Phaltan, Maan, Khatav, Jawali, and Medha.

These assessment camps have helped identify several children in need of orthopedic and neurological surgical interventions. MMF and Finolex are now looking into supporting these children for further treatment as well. Currently, orthopedic surgeries of 15 children have been completed at Sancheti Hospital where Finolex Industries is sponsoring 80% of the cost.

Over the next few months, they set-up taluka level rehabilitation centers in the three talukas of Wai, Satara & Patan, where physiotherapy and speech therapy services are available for these children. Since April 2016, other initiatives are taken up through the course of the year also include:

  • Donation of other orthotic devices such as crutches, special shoes, and walkers to children
  • Organizing free physiotherapy camps to celebrate World Cerebral Palsy day on 7, 14, and 15 October in Satara where 112 children benefited.
  • There has also been a weekly airing of the show, “Haunsla Aage Badne Ka”, on All India Radio, to promote awareness about Cerebral Palsy.

Today, MMF is happy to acknowledge that 986 children with CP are being effectively supported in the district.


Mukul Madhav Foundation is constantly striving to improve the quality of healthcare services in India. We are associated with a number of hospitals and medical institutes, by providing them with better infrastructure and training to doctors.

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