REC Tops NSE ESG Ratings With Score Of 80
POWER & RENEWABLE ENERGY

REC Tops NSE ESG Ratings With Score Of 80

REC Limited, a leading non-banking financial company and Maharatna CPSE under the Ministry of Power, has secured a leadership position in the latest NSE ESG Ratings of Companies, achieving a high ESG score of 80. The ranking reflects REC’s sustained and structured efforts over the past three years to embed Environmental, Social and Governance principles across its core operations and decision-making processes.

The company attributed the achievement to a series of strategic initiatives implemented under the guidance of its Board of Directors, beginning with the formulation of its first ESG Policy three years ago. Since then, REC has systematically mapped ESG priorities, benchmarked its performance against global best practices and engaged with international assessment and disclosure platforms such as the Climate Disclosure Project, S&P Corporate Sustainability Assessment and MSCI.

As part of its long-term sustainability agenda, REC has been working towards a comprehensive net-zero action plan, outlining a clear pathway to reduce emissions across its operations. Operational excellence has also been a key focus area, with the REC Corporate Office achieving 100 per cent green power usage and zero liquid discharge, along with a transition of a major portion of its office fleet to electric vehicles. The corporate office has been awarded a GRIHA 5-star rating, reinforcing its credentials in energy-efficient and sustainable building design.

On the social and governance front, REC has strengthened its human resources policies and employee wellbeing measures, including mandatory training on human rights, ethics, health and safety, cyber security and the Ministry of Corporate Affairs’ National Guidelines on Responsible Business Conduct. The company has also enhanced transparency by strengthening disclosures in its Business Responsibility and Sustainability Report and publishing its second GRI-referenced ESG Report for FY 2024–25.

Senior management support has played a central role in embedding a strong ESG culture across the organisation, ensuring alignment between strategy, operations and responsible business practices.

Commenting on the achievement, CMD Jitendra Srivastava said the milestone validates REC’s strategic direction, from policy formulation and net-zero planning to improved disclosures aligned with the GRI framework. He added that the recognition underscores REC’s commitment to supporting the Government of India’s Panchamrit goals and demonstrates that sustainable and responsible business practices are integral to long-term success.

REC Limited, a leading non-banking financial company and Maharatna CPSE under the Ministry of Power, has secured a leadership position in the latest NSE ESG Ratings of Companies, achieving a high ESG score of 80. The ranking reflects REC’s sustained and structured efforts over the past three years to embed Environmental, Social and Governance principles across its core operations and decision-making processes. The company attributed the achievement to a series of strategic initiatives implemented under the guidance of its Board of Directors, beginning with the formulation of its first ESG Policy three years ago. Since then, REC has systematically mapped ESG priorities, benchmarked its performance against global best practices and engaged with international assessment and disclosure platforms such as the Climate Disclosure Project, S&P Corporate Sustainability Assessment and MSCI. As part of its long-term sustainability agenda, REC has been working towards a comprehensive net-zero action plan, outlining a clear pathway to reduce emissions across its operations. Operational excellence has also been a key focus area, with the REC Corporate Office achieving 100 per cent green power usage and zero liquid discharge, along with a transition of a major portion of its office fleet to electric vehicles. The corporate office has been awarded a GRIHA 5-star rating, reinforcing its credentials in energy-efficient and sustainable building design. On the social and governance front, REC has strengthened its human resources policies and employee wellbeing measures, including mandatory training on human rights, ethics, health and safety, cyber security and the Ministry of Corporate Affairs’ National Guidelines on Responsible Business Conduct. The company has also enhanced transparency by strengthening disclosures in its Business Responsibility and Sustainability Report and publishing its second GRI-referenced ESG Report for FY 2024–25. Senior management support has played a central role in embedding a strong ESG culture across the organisation, ensuring alignment between strategy, operations and responsible business practices. Commenting on the achievement, CMD Jitendra Srivastava said the milestone validates REC’s strategic direction, from policy formulation and net-zero planning to improved disclosures aligned with the GRI framework. He added that the recognition underscores REC’s commitment to supporting the Government of India’s Panchamrit goals and demonstrates that sustainable and responsible business practices are integral to long-term success.

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