JK Tyre secures 'Best-in-Class' ESG grading for second consecutive year

JK Tyre & Industries, a leading tyre manufacturer and the pioneer of radial technology in India, has been graded "Very Good" yet again for the second consecutive year by CareEdge Research as a part of their ESG assessment study. According to the study, the company has been consistently demonstrating exemplary performance across all themes of environment, social and governance. With an overall ESG score of 78 out of 100, JK Tyre has been regarded as the best among peers.

Dr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries, said, "It's a matter of great pride that JK Tyre's strong commitment to become an environmental conscious organisation has resulted in a noteworthy recognition, which is driven by strong ESG performance across all metrics.

This endorses our utmost intent and reinforces our vision of being the "Green and Trusted Mobility Partners". Our philosophy of adopting and advocating green manufacturing is paving path towards achieving excellence in the era of sustainable development. Our continuous efforts and investments on ESG front are fostering environment and societal development as a whole".

"We are committed to ensure that our processes, products and caring for people as key drivers for ESG performance," he added.

Shares of JK Tyre & Industries Limited was last trading in BSE at Rs. 310.40 as compared to the previous close of Rs. 312.00. The total number of shares traded during the day was 87797 in over 2104 trades.

The stock hit an intraday high of Rs. 317.35 and intraday low of 305.00. The net turnover during the day was Rs. 27306401.00.

Source : Equity Bulls

Keywords

JKTyreandIndustries INE573A01042 VeryGood Grade ESGAssessmentStudy