Crompton Greaves secures top ranking in Dow Jones Sustainability Index for ESG performance

14 May 2024 Evaluate

Crompton Greaves Consumer Electricals has secured a top ranking in the Dow Jones Sustainability Index (DJSI) for its outstanding environmental, social, and governance (ESG) performance. Crompton worldwide, places in the 94th percentile globally and secures the 7th position among its peers in the DHP Household Durables sector. This rating further underlines Crompton's dedication to sustainable practices and its position as a leader in the industry.

The Dow Jones Sustainability Index (DJSI), established in 1999, serves as a benchmark for evaluating the sustainability performance of thousands of publicly traded companies worldwide. The rigorous evaluation process of the DJSI includes assessing companies based on economic, environmental and social criteria, with a focus on long-term sustainability. The DJSI World, for example, recognizes the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term ESG criteria.

Crompton’s DJSI score this year reported big improvements in its ratings in critical areas, which includes environmental sustainability, product stewardship, high impact social responsibility initiatives, diversity, employee well-being, human capital development and strong governance practices. As the company continues its sustainability journey, it remains steadfast in its commitment to continual improvement and innovation, seeking new opportunities to address global challenges and drive positive change.

Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products ranging from fans, light sources and luminaires, pumps and household appliances, such as geysers, mixer grinders, toasters and irons.


Crompt.Greaves Cons. Share Price

371.20 -13.95 (-3.62%)
14-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Crompt.Greaves Cons. 371.20
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