JSW Steel Ltd secures coveted position in DJSI World and Emerging Market Sustainability Indices

JSW Steel Ltd. ("JSW Steel" or the "Company") has announced that the Company is a member of the DJSI World Index and the DJSI Index for Emerging Markets. The Company had participated in the 2023 S&P Global Corporate Sustainability Assessment (CSA) conducted to construct the Dow Jones Sustainability Index, and received a score of 99th percentile, moving to the top 2 position globally in the steel sector. This quantum leap is a testament to our good ESG practices and commitment to work towards a sustainable world.

Jayant Acharya, Joint Managing Director and CEO - JSW Steel Limited said "We understand our responsibility towards making our planet sustainable and we lay our groundwork with commitment, accountability, and transparency. We are proud to be part of the DJSI World Index and reach the top 2 position in steel sector globally in the S&P Global CSA demonstrating our commitment towards sustainability and being Better Everyday."

The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation that scrutinizes the sustainability practices of companies worldwide. Covering over 10,000 companies, the CSA focuses on sustainability criteria that are industry-specific and financially material. Established in 1999, it has served as the foundation for numerous ESG indices over the past two decades, including the Dow Jones Sustainability Indices (DJSI), S&P 500 ESG, and various other sustainability indices. The indices serve as benchmarks for investors who believe sustainable business practices lead to long-term shareholder value and who wish to reflect their sustainability convictions in their portfolio.

With rising urgency to tackle issues like climate change, and social impact, and the need to strengthen governance for better accountability, resilience, and responsibility, JSW's performance in the CSA marks the company's and its stakeholders' commitment to advance on the track of strong ESG outlook and performance. We thank all our internal stakeholders for their valuable inputs and support. With this, we intend to improve our performance each year so that we stand true to JSW's ethos of being #BetterEveryday.

Shares of JSW Steel Limited was last trading in BSE at Rs. 839.35 as compared to the previous close of Rs. 819.35. The total number of shares traded during the day was 433712 in over 14370 trades.

The stock hit an intraday high of Rs. 853.10 and intraday low of 822.00. The net turnover during the day was Rs. 365097252.00.

Source : Equity Bulls

Keywords

JSWSteel INE019A01038 DJSIWorldandEmergeingMarket SustainabilityIndices