HUL Invests in Recykal to Strengthen Plastic Waste Management Efforts
Hindustan Unilever Limited (HUL) is taking a significant step toward sustainability by acquiring a 14.3% stake in Recykal, a Hyderabad-based digital solutions provider for circular economy initiatives. This investment underscores the FMCG giant’s commitment to reducing plastic waste and advancing responsible waste management practices in India.
Enhancing Plastic Waste Collection and Recycling
Recykal operates a digital platform connecting various stakeholders, including waste generators, aggregators, and recyclers, to facilitate efficient plastic waste collection and repurposing. Through technology-driven solutions, it streamlines supply chain operations, ensuring waste is effectively segregated and processed. The company plays a pivotal role in enabling brands to fulfil extended producer responsibility (EPR) commitments by enhancing traceability and compliance.
By partnering with Recykal, HUL aims to scale up sustainable waste management solutions, reinforcing its ambition to become plastic neutral. In recent years, HUL has launched multiple initiatives to reduce plastic dependency, including recyclable packaging innovations and waste collection programs.
Industry-Wide Implications
The investment in Recykal aligns with a broader industry trend where major FMCG players are focusing on sustainability and circular economy models. With increasing regulatory pressures and consumer expectations for eco-friendly practices, companies are intensifying efforts to manage post-consumer waste responsibly.
HUL’s stake in Recykal highlights the growing importance of digital interventions in waste management, as technology-driven platforms enhance efficiency, transparency, and scalability in recycling ecosystems. This move reflects a shift where FMCG brands are not just reducing plastic usage but also actively investing in infrastructure to ensure effective waste processing.
Commitment to Sustainability Goals
As part of its ongoing sustainability roadmap, HUL has set ambitious targets to reduce, reuse, and recycle plastic across its operations. The company has committed to achieving 100% recyclable, reusable, or compostable packaging while working towards reducing its overall plastic footprint.
The Recykal investment builds on these efforts, reinforcing HUL’s strategy to integrate sustainability into the core of its business practices. By leveraging digital tools and strategic partnerships, the company is positioning itself as a leader in responsible waste management within