Tap into valuable industry insights from the world with F2F Prime. Start your 30-day trial for just $1
Start Trial

CRISIL gives high scores to Welspun India for ESG efforts

31 May '22
2 min read
Pic: Welspun India
Pic: Welspun India

Welspun India Ltd, a global leader in Home Textiles, has been rated ‘Strong’ in the Sustainability Yearbook 2022, released by CRISIL, an S&P Global company and leading rating agency in India. Based on fiscal 2021 data, CRISIL analysed environment, social, and governance (ESG) efforts of over 575 companies across 53 sectors.

Welspun India leads among the textile companies with the highest scores in all three dimensions of environment, social, and governance.

“At Welspun India, we have always embedded ESG and circularity in every facet of our operations, setting benchmarks for the industry as a whole. We are therefore pleased to see our efforts reflected in the high scores assigned to our company in each of E, S and G dimensions. This motivates us to continue to pursue our ESG efforts, thereby creating a sustainable world,” Dipali Goenka, joint MD & CEO of Welspun India Ltd, said.

Earlier this year, Welspun India had received 1st rank under ‘Best Industry’ category at the National Water Awards by the Union Ministry of Jal Shakti for its water stewardship and state-of-the-art 30 million litres per day sewage treatment plant (STP) at Anjar in the drought-prone Kutch district. The company was also recognised with a Jury Special Mention Award for its STP to recycle and reuse domestic sewage at the Frost & Sullivan and TERI’s Sustainability 4.0 Awards 2021, which honoured companies embedding Sustainability with Economic Value Creation, the company said in a media release.

Fibre2Fashion News Desk (KD)

Leave your Comments

Esteemed Clients

Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
Stahl Holdings B.V.,
Advanced Search