The Business Bytes
TBB BUREAU
MUMBAI, DEC 28
Aditya Birla Fashion and Retail Limited (ABFRL), the powerhouse of fashion and retail sector, is positioned as Asia’s `Most Sustainable Company’ and globally ranked 8th in the Textiles, Apparel & Luxury goods Industry for its Environmental, Social and Governance (ESG) performance in the 2020 edition of S&P Global Corporate Sustainability Assessment.
The CSA methodology is used, among others, to select the companies for the Dow Jones Sustainability Indices (DJSI).
Commenting on the occasion, Ashish Dikshit, Managing Director of ABFRL said, “We are delighted that ABFRL has been positioned first in Asia and 8th Globally in Textiles, Apparel & Luxury Industry category based on S&P Global Corporate Sustainability Assessment 2020. These rankings reflect our commitment towards enhancing economic, governance, social, and environmental initiatives at ABFRL. Over the past decade, ABFRL has been a pioneer in driving sustainability to the forefront of the Fashion and Retail Industry.”
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.
