Construction Industry News
JSW Cement, India's leading green cement company, ranks first in the 'building materials' industry group of more than 140 companies rated by Sustainalytics. With a score of 17, JSW cement is rated "Low Risk" by Sustainalytics in its ESG risk assessments released for JSW Cement. The company is categorized in the Top 17 percent of more than 15,500 companies across all industry groups. The ESG Risk Rating concludes that the company is at low risk of exposure to material financial impacts from ESG factors due to its strong management of most material issues.
Sustainalytics is a leading independent ESG and corporate governance research, rating and analytics firm that supports investors around the world in the development and implementation of responsible investment strategies. This Sustainalytics ESG risk assessment report is becoming increasingly important as the world's leading companies, lenders and banks rely on these ratings to identify and understand the financially material ESG issues (MEIs) that contribute to an organization's long-term performance.
Commenting on the occasion, Parth Jindal, Managing Director, JSW Cement, said: "Sustainalytics ESG ratings are well known and recognised worldwide, and it is a matter of immense pride that we have the lowest risk score of 17 within the building materials sector of over 140 companies. It is also encouraging to know that JSW Cement is the only cement company worldwide, among our national and international colleagues, to be categorized as 'Low Risk'. We are already at the forefront of the decarbonisation process in our sector with the lowest CO2 emission intensity. We are now committed to building resilience to all other potential ESG risks within our industry. This rating confirms our belief that we are on the right track and is a testament to the steps we have taken as a company over the years. To all the customers out there, if there was ever any doubt about which cement is the greenest in the world with this review, we can safely say that JSW Cement is the greenest and most environmentally friendly product available anywhere in the world. We hope that all environmentally conscious customers have chosen JSW Cement as their preferred product."
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