Sustainability Apex: JSW's Top Rank

JSW Steel celebrated its inclusion in the prestigious DJSI World Index and the DJSI Index for Emerging Markets in December 2023.
JSW Steel
JSW SteelJSW Steel

Synopsis

JSW Steel celebrated its inclusion in the prestigious DJSI World Index and the DJSI Index for Emerging Markets in December 2023. Achieving a remarkable 99th percentile score in the S&P Global Corporate Sustainability Assessment catapulted JSW Steel to the second position globally in the steel sector. This accolade reflects the company's steadfast commitment to exemplary Environmental, Social, & Governance practices, reinforcing its dedication to a sustainable global paradigm.

 

Article

December 2023 marked a momentous occasion for JSW Steel as it was inducted into the esteemed DJSI World Index and the DJSI Index for Emerging Markets. The company's active participation in the 2023 S&P Global Corporate Sustainability Assessment culminated in an outstanding 99th percentile score, propelling JSW Steel to the second position worldwide in the steel sector. This leap stands as a testament to the company's unwavering commitment to exemplary Environmental, Social, & Governance practices, solidifying its stance in fostering a sustainable global landscape.

The S&P Global Corporate Sustainability Assessment, an annual evaluation scrutinizing over 10,000 companies worldwide, meticulously assesses sustainability practices. Initiated in 1999, this assessment focuses on industry-specific and financially consequential sustainability criteria, forming the bedrock for various ESG indices.

Indices such as the Dow Jones Sustainability Indices (DJSI) and S&P 500 ESG serve as significant benchmarks for conscientious investors aligning their portfolios with sustainable business principles. These indices emphasize the belief that sustainable practices drive enduring shareholder value.

Mr. Jayant Acharya, Joint Managing Director & CEO of JSW Steel, emphasized the company's commitment to sustainability. He highlighted JSW Steel's approach rooted in dedication, accountability, and transparency, expressing immense pride in the company's inclusion in the prestigious DJSI World Index and securing the second position globally within the S&P Global Corporate Sustainability Assessment. These acknowledgments underscore JSW Steel's unwavering dedication to sustainability, embodying the ethos of continual improvement through sustainable practices.

 

Conclusion

JSW Steel's recognition in the DJSI World Index and the DJSI Index for Emerging Markets is a testament to its steadfast commitment to sustainability. Achieving the second position globally in the steel sector reaffirms the company's dedication to exemplary Environmental, Social, & Governance practices. Mr. Jayant Acharya's affirmation of JSW Steel's dedication showcases the company's philosophy of continuous improvement through sustainable practices. This recognition positions JSW Steel as a leader in sustainable business practices, driving enduring value for stakeholders.

Related Stories

No stories found.
logo
SteelGuru Business News
www.steelguru.com