Hindalco named ‘world’s most sustainable aluminium company’
Hindalco Industries Limited, the metals flagship of Aditya Birla Group, has achieved the No.1 rank in the Aluminium Industry for its sustainability performance in the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment (CSA) rankings.
Hindalco is the only aluminium company to enter the exclusive DJSI World Index in 2021 and retains its membership of DJSI Emerging Markets Index.
This is the second consecutive year that Hindalco is at the top of the DJSI Indices having achieved a score of 73 percentage points against an industry average score of 30.
Mr. Satish Pai, Managing Director, Hindalco Industries Ltd, said: “The continued recognition by DJSI validates Hindalco’s pioneering work and consistent efforts to integrate sustainability across the aluminium manufacturing chain – from mining to end products.
“This distinction takes forward the idea of aluminium as a ‘green’ metal. Along with a sustained focus on decarbonisation, ‘green’ is about managing waste, zero liquid discharge, life cycle impact, biodiversity, and more.
“Our listing in DJSI is a testament to the effectiveness of our holistic approach and reinforces our commitment to our motto of people, planet and prosperity.”
Hindalco achieved 100th percentile in most aspects of the three dimensions of Environmental, Social and Governance (ESG) including Climate Strategy, Environment and Social reporting, Water-related risks, as well as in operational eco-efficiency parameters such as Waste Management and Resource Consumption, Cybersecurity, Community Engagement and Employee Development.
Mr. Manjit Jus, Global Head, ESG Research and Data, S&P Global,said: “We congratulate Hindalco for being included in the Dow Jones Sustainability Index (DJSI) for DJSI World and DJSI Emerging Markets indices.
“A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency.”