The Business Bytes
THEBUSINESSBYTES BUREAU
MUMBAI, MARCH 17, 2025
Aditya Birla Fashion and Retail Ltd. (ABFRL) has been recognized as India’s most sustainable retail company, securing the top rank in the Indian retail sector in the prestigious S&P Global Corporate Sustainability Assessment (CSA). Demonstrating its leadership in Environmental, Social, and Governance (ESG) performance, ABFRL achieved an impressive score of 82, placing it in the 99th percentile among global peers and earning a coveted spot in the S&P Global Sustainability Yearbook 2025.
ABFRL’s recognition extends beyond national borders, as it secured the fourth rank globally in the overall retail category, making it a frontrunner in sustainable fashion. The Sustainability Yearbook evaluates companies based on their corporate sustainability performance, selecting only 780 out of 7,690 assessed companies across 62 industries — further cementing ABFRL’s industry leadership.
Ashish Dikshit, Managing Director, ABFRL, emphasized the Company’s dedication to sustainable business practices, stating:
“Sustainability is a fundamental pillar of our business strategy, and this recognition by S&P Global validates our continuous efforts towards responsible growth. Our commitment to ESG excellence is driven by innovation, collaboration, and a vision to create long-term value for all stakeholders. This achievement further strengthens our industry leadership and inspires us to set new benchmarks in sustainable business practices.”
Dr. Naresh Tyagi, Chief Sustainability Officer, ABFRL, highlighted the rigorous sustainability measures that led to this achievement:
“Achieving a score of 82 and securing the highest score globally in the Apparel Retail sector is a significant validation of our sustainability initiatives. This recognition is the result of our structured ESG roadmap, cross-functional teamwork, and our ability to navigate complex and dynamic assessment criteria. We remain committed to further enhancing our sustainability performance and setting new benchmarks in the industry.”
The S&P Global Corporate Sustainability Assessment (CSA) is a globally recognized benchmark that evaluates thousands of companies on ESG criteria. ABFRL’s inclusion in the Sustainability Yearbook 2025 reflects its commitment to sustainability, climate action, circular economy initiatives, and ethical business operations. With a strong focus on embedding ESG principles into its core strategy, ABFRL continues to drive meaningful change in the industry.
Part of The Aditya Birla Group, ABFRL is India’s first billion-dollar pure-play fashion powerhouse, generating ₹13,996 crore in revenue with a retail footprint of 11.9 million sq. ft. (as of March 31, 2024). The Company operates a vast network of 4,538 stores, 37,952 multi-brand outlets, and 9,047 points of sale in department stores across India.
With a portfolio of iconic brands, including Louis Philippe, Van Heusen, Allen Solly, and Peter England, ABFRL has shaped India’s fashion landscape for over 25 years. It also owns Pantaloons, one of the country’s leading fashion retailers, and Style Up, an emerging value retail format.
