June 29, 2023, Mumbai: PDS Limited (“PDS”), the global fashion infrastructure company today announced the results of its S&P Global Corporate Sustainability Assessment (CSA) Index score.
In its very first year of participating in the S&P Global CSA, PDS ranks among the top-tier companies with a score in the 93rd percentile for ESG performance in the Textile, Apparel, and Luxury Goods Industry. The S&P Global CSA in 2022 assessed over 7,800 companies across 61 industries.
Speaking on the scores Pallak Seth, Executive Vice Chairman said, “We believe responsible businesses involve more than consistent performance; it also entails building a long-term value for stakeholders, while promoting an equitable and sustainable future. These scores further our resolve to be part of the solution by investing in technology that will further the fashion value chain’s pursuit of sustainable innovation.”
Sanjay Jain, Group CEO added, “At PDS we are driven to deliver operational excellence while practicing sustainable processes across our platform. We actively engage across internal and external stakeholders to achieve our sustainability goals by not only abiding by a zero-tolerance violation policy across our platform, but also investing in innovations and solutions grounded in science.”
Sustainability is core to PDS’s values and business. The business focus is supported by four sustainability pillars- Respect Water, Reduce Emission, Think Circular and Build Community. The S&P Global CSA scores helps measure PDS’ effort and plan the sustainability agenda effectively over the next few years.
About PDS Limited: (www.pdsltd.com)
PDS Limited is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide handling over $2 billion of Gross Merchandise Value. The Company operates a vast global network covering over 50 offices in 22 countries, with over 4,000 employees and 7,600 factory associates worldwide. PDS also offers a bespoke end-to-end outsourcing solution, engaging dedicated talent and infrastructure as an extended arm of retailers and brands. The Company reported consolidated revenues of ₹10,577cr in FY23.
