Murugappa Group (Coromandel, EID Parry, Parry Agro)
Murugappa Group is an Indian conglomerate with various industrial activities, and three main subsidiaries active in agriculture. Coromandel International Limited is one of India's largest phosphate fertilizer producer and also markets speciality nutrients and crop protection products. East India Distilleries (EID) Parry Limited has been active for 225 years in manufacturing and marketing sugar and bio-products. Finally, Parry Agro is a large tea-producing company.
Segment ranking summary
Active in the food and beverage processor, agricultural input and agricultural products and commodities segment, Murugappa Group ranks respectively 185th, 46th, and 116th compared to its peers, thus sitting at the bottom of each ranking. The company lags behind its peers in environment, social inclusion and governance and strategy in all three segments but shows an average perfomance in nutrition compared to its peers in the agricultural input segment. Furthermore, although farmers’ resiliance and greenhouse gas (GHG) emissions are topics maturely addressed by Murugappa Group’s peers in the three segments, the company performs poorly on them due a lack of disclosure on quantitative evidence and commitments.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
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More about the company
- Headquarters
- Chennai, India
- Food and agriculture revenue USD
- 2,225,199,700
- Group revenue USD
- 4,992,962,600
- Onwnership structure
- Private
- Number of employees
- 50,000
- Website
- https://www.murugappa.com
