JSW Cement ranked #1 in the Sustainalytics ESG risk rating
Concrete

JSW Cement ranked #1 in the Sustainalytics ESG risk rating

JSW Cement, India’s leading Green Cement company, has been ranked first in the industry group of ‘construction materials’ among more than 140 companies rated by Sustainalytics. With a score of 17, JSW cement is rated as “Low Risk” by Sustainalytics in its ESG Risk Ratings released for JSW Cement. The company is categorised in the Top 17 per cent among more than 15,500 companies across all industry groups. The ESG Risk Rating concludes that the company is at low risk of exposure to material financial impacts from ESG factors due to its strong management of most of the material issues.

Sustainalytics is a leading independent ESG and corporate governance research, ratings and analytics firm that supports investors around the world with the development and implementation of responsible investment strategies. This ESG risk rating report by Sustainalytics is gaining more and more significance as the world’s leading corporations, lenders and banks rely on these ratings to identify and understand the financially Material ESG Issues (MEIs) that contribute to an organization’s long-term performance.

Commenting on the occasion, Parth Jindal, Managing Director, JSW Cement said, “Sustainalytics ESG ratings are globally renowned and well recognized, and it is a matter of immense pride that we have the lowest risk score of 17 within the construction material sector among more than 140 companies. It is also encouraging to know that JSW Cement is the only cement company globally, among our national and international peers, to be categorized as ‘Low Risk’. We are already leading the decarbonization pathway in our sector with the lowest CO2 emissions intensity. We are now making efforts to build resilience against all other potential ESG risks within our sector. This rating reaffirms our belief that we are on the right path and is a testament on the steps we as a company have taken over years. To all the customers out there, if there was ever a doubt on which cement is the greenest in the world with this rating we can safely say that JSW Cement is the greenest and most eco-friendly product available anywhere in the world. We hope that all environmentally conscious customers chose JSW Cement as their product of choice.”

Manoj Rustagi, Chief Sustainability & Innovation Officer of JSW Cement said, “We manufacture low carbon cement products and lead the Indian Cement Industry in transition towards a low carbon economy. Our company is also involved in basic research to develop new green products. On the ESG front, while we have similar risk exposure like the other Industry players, it is the management focus to build resilience against all potential ESG risks, which has put us in a leadership position globally within our sector. This rating motivates us to further innovate our operations and keep working on providing green & resilient products.”

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

JSW Cement, India’s leading Green Cement company, has been ranked first in the industry group of ‘construction materials’ among more than 140 companies rated by Sustainalytics. With a score of 17, JSW cement is rated as “Low Risk” by Sustainalytics in its ESG Risk Ratings released for JSW Cement. The company is categorised in the Top 17 per cent among more than 15,500 companies across all industry groups. The ESG Risk Rating concludes that the company is at low risk of exposure to material financial impacts from ESG factors due to its strong management of most of the material issues. Sustainalytics is a leading independent ESG and corporate governance research, ratings and analytics firm that supports investors around the world with the development and implementation of responsible investment strategies. This ESG risk rating report by Sustainalytics is gaining more and more significance as the world’s leading corporations, lenders and banks rely on these ratings to identify and understand the financially Material ESG Issues (MEIs) that contribute to an organization’s long-term performance. Commenting on the occasion, Parth Jindal, Managing Director, JSW Cement said, “Sustainalytics ESG ratings are globally renowned and well recognized, and it is a matter of immense pride that we have the lowest risk score of 17 within the construction material sector among more than 140 companies. It is also encouraging to know that JSW Cement is the only cement company globally, among our national and international peers, to be categorized as ‘Low Risk’. We are already leading the decarbonization pathway in our sector with the lowest CO2 emissions intensity. We are now making efforts to build resilience against all other potential ESG risks within our sector. This rating reaffirms our belief that we are on the right path and is a testament on the steps we as a company have taken over years. To all the customers out there, if there was ever a doubt on which cement is the greenest in the world with this rating we can safely say that JSW Cement is the greenest and most eco-friendly product available anywhere in the world. We hope that all environmentally conscious customers chose JSW Cement as their product of choice.” Manoj Rustagi, Chief Sustainability & Innovation Officer of JSW Cement said, “We manufacture low carbon cement products and lead the Indian Cement Industry in transition towards a low carbon economy. Our company is also involved in basic research to develop new green products. On the ESG front, while we have similar risk exposure like the other Industry players, it is the management focus to build resilience against all potential ESG risks, which has put us in a leadership position globally within our sector. This rating motivates us to further innovate our operations and keep working on providing green & resilient products.”

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement