Welspun Corp ranks among top 10 steel companies globally in S&P Global's CSA rankings

Welspun Corp Limited, a flagship company of Welspun World, a conglomerate with Complete Pipe solutions and Building Material business verticals, and one of the largest manufacturers of large diameter line pipes globally, is now ranked amongst the top 10 companies in the Steel sector in S&P Global Corporate Sustainability Assessment.

Welspun Corp Ltd is ranked 6th among steel companies globally as per S&P Global CSA*. The Company achieved a total ESG score of 72 across all key parameters, a 6 percent increase from its previous score of 68. The Company attributes these accolades to its environmental commitments towards achieving carbon & water neutrality by 2040, a strong focus on Social and Governance aspects, and its transparent disclosures.

"Welspun Corp is a leading manufacturer in the pipe solutions and building materials industry, and has set ambitious sustainability goals aligned with global environmental standards and India's commitment to reducing carbon emissions. Welspun Corp focuses on integrating sustainable practices across its operations, aiming to minimize its environmental impact. While ensuring long-term business growth, we intend to replace our non-renewable energy consumptions with green energy," says Mr Vipul Mathur, MD & CEO, Welspun Corp Ltd.

The S&P Global CSA is an annual evaluation of companies' sustainability practices. It covers over 10,000 companies from around the world. The CSA focuses on sustainability criteria that are both industry-specific and financially material and has been doing so since 1999.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 868.10 as compared to the previous close of Rs. 879.55. The total number of shares traded during the day was 52312 in over 3057 trades.

The stock hit an intraday high of Rs. 900.00 and intraday low of 863.40. The net turnover during the day was Rs. 45940541.00.

(*as on 24th March, 2025)

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 WELCORP Top10Companies SPGlobal CorporateSustainabilityAssessment