OTHER GROUP COMPANIES
market

Havells India ranked 7th in electrical equipment companies globally by DJSI this year

Despite the trying times of pandemic and stricter ESG rating methodology, Havells has jumped 12 basis points to 88 percentile score in the sector, thus ranking 7th in the electrical equipment section globally.

December 01, 2021 4:05 IST | India Infoline News Service
Havells India on Wednesday announced that the company has been ranked 7th among the top electrical equipment companies globally by Dow Jones Sustainability Indices (DJSI) for the current year 2021.

Despite the trying times of pandemic and stricter ESG rating methodology, Havells has jumped 12 basis points to 88 percentile score in the sector, thus ranking 7th in the electrical equipment section globally. Havells has been consistently ranked in the top 10 global companies for ESG performance in the electrical sector for last three years.

Anil Rai Gupta, CMD, Havells India Limited, said, “We are happy to be consistently ranked among the top 10 companies in the DJSI assessment for our sector and achieved an improved MSCI rating. It is a testament of our hard work, policy level commitment and ESG decisiveness that led to ESG agencies upgrading our ratings. We regularly monitor and believe in transparently reporting our ESG performance to our stakeholders. We will remain committed to our vision of doing good for the environment and communities around us through responsible inclusive business practices."

In addition, this year, in October 2021, for the first time Havells has been upgraded from ‘BBB’ to ‘A’ rating in Morgan Stanley formulated MSCI ESG Rating. Established in 1999, MSCI ESG methodology is formulated to evaluate a company’s resilience in the long‐term and gauge companies’ exposure to ESG risks.

Established in 1999, the DJSI is a globally established ESG assessment carried out annually by their research partner S&P Global. The methodology has continued to evolve over the last two decades, formulating stringent criteria to evaluate companies on ESG performance.

On Sensex, Havells closed at Rs1363.15 per piece flat compared to the previous closing. 

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits worth 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity