GAIL finds a place in global Sustainability Index “FTSE4GOOD Index Series”

GAIL has been included in the 'FTSE4Good' index series for the fourth time in a row, reaffirming the company’s strong commitment towards Environmental, Social and Governance (ESG) practices in the oil and gas sector
GAIL finds a place in global Sustainability Index “FTSE4GOOD Index Series”

New Delhi: GAIL (India) Limited has been included in the prestigious "FTSE4Good" index series for the fourth time in a row, affirming the company's strong commitment towards environmental, social and governance (ESG) practices in the Oil & Gas sector.

Created by the global index and data provider FTSE Russell, the FTSE4Good index series is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.

GAIL's Chairman & Managing Director (CMD) Manoj Jain said, "I am pleased that GAIL (India) Limited has been included in the FTSE4Good Index Series for the fourth year in a row. This is proof of our commitment to sustainable development while also doing business responsibly and focusing on our stakeholders." GAIL is striving to implement Sustainability initiatives across all sites of the company, he added.

FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.

The FTSE4Good Index Series ranks the largest global companies based on environmental, social and governance (ESG) performance and transparency in information disclosure. The FTSE4Good indexes are used by investors to create and assess responsible investment funds and other products.

Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

logo
PSU Watch
psuwatch.com