India’s leading fashion and Retail Company ABFRL is positioned as Asia’s most sustainable company and globally ranked 8th in the Textiles, Apparel & Luxury goods industry.
The company got this recognition for its Environmental, Social and Governance (ESG) performance in the 2020 edition of S&P Global Corporate Sustainability Assessment (CSA).
The CSA methodology is used, amongst others, to select the companies for the Dow Jones Sustainability Indices (DJSI).
Happy with this achievement, Ashish Dikshit, MD, ABFRL, says “These rankings reflect our commitment towards enhancing economic and ESG initiatives at ABFRL. Over the past decade, ABFRL has been a pioneer in driving sustainability to the forefront of the fashion and retail industry. As a responsible organisation, we aim to provide thought leadership and accelerate the sustainability drive in the industry.”
Congratulating the company, Edoardo Gai, MD, SAM a part of S&P Global, said “This is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment, this sets your company apart and rewards your continued commitment to people and planet.”
Every year, the S&P Global Corporate Sustainability Assessment methodology is used to assess global companies and ranks the companies based on their ESG performance.
ABFRL score was reflection of its virtue of vision, continuous efforts, commitment and efficient sustainability work in the areas of the corporate governance & economic, environmental and social dimensions.
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