New Delhi: Vedanta Aluminium said the company has been recognized for its sustainability efforts, securing the second position in the S&P Global Corporate Sustainability Assessment (CSA) for the aluminium sector globally.
With an overall score of 77, based on the robust Environmental, Social, and Governance (ESG) parameters, this achievement marks a significant milestone for the company in its ongoing commitment to sustainability, Vedanta Aluminium said in a statement.
This is the fourth year in a row when Vedanta Aluminium features among the top companies globally in these rankings.
"Securing the 2nd position globally in the S&P Global Corporate Sustainability Assessment reflects not only our unwavering commitment to sustainability but also the passion and hard work of our teams who strive to make a meaningful difference every day," Priya Agarwal Hebbar, Non-executive Director at Vedanta Ltd said.
S&P Global CSA represents a highly prestigious family of global benchmarks that track the performance of leading companies based on economic, environmental, and social criteria.
The S&P Global ESG Score measures a company's performance on and management of material ESG risks, opportunities, and impacts informed by a combination of company disclosures, media and stakeholder analysis, modelling approaches, and in-depth company engagement via the S&P Global CSA.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)