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Hindalco Ranked as 'World's Most Sustainable Aluminium Company' by S&P Global CSA.

International | Dated: 27 Nov 2024

According to the S&P Global Corporate Sustainability Assessment (CSA) rankings 2024, Mumbai (Maharashtra) based Hindalco Industries Limited, a firm of the Aditya Birla Group, has been ranked as the 'world's most sustainable aluminium company' for the 5th consecutive year.

🎯 Key Highlights:

- As of 30 October 2024, it attained a total score of 87 points, reflecting a 9-point increase from 2023.
- It reached the 100th percentile in nearly all areas of the three dimensions of Environmental, Social, and Governance (ESG).
- With this ranking, Hindalco retains its membership in the S&P Global's Dow Jones Sustainability Indices (DJSI).

💡 Other Important Facts:

(i) Hindalco became the only aluminium company to join the S&P Global's DJSI World Index. It first joined the index in 2021.
(ii) It cut its greenhouse gas emissions by 19.54% from the Financial Year 2011-12 (FY12) baseline and is on course to run 30% of its operations on renewable energy by 2030. It recycled 85% of its operational waste in FY24, with three of its units achieving zero-waste-to-landfill certification.
(ii) DJSI World Index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index (GBMI), selected based on long-term economic performance and ESG criteria.

📚 Test Your Knowledge:

Recently, which company was ranked as the 'World's Most Sustainable Aluminium Company' by S&P Global CSA?

Correct Answer: Hindalco

🚀 Quick Recap:

About Hindalco Industries

Founded: 1958
Headquarter : Mumbai