JSW Cement ranked #1 in the Sustainalytics ESG risk rating
28 Apr 2023
3 Min Read
CW Team
JSW Cement, India鈥檚 leading Green Cement company, has been ranked first in the industry
group of 鈥榗onstruction materials鈥� among more than 140 companies rated by Sustainalytics.
With a score of 17, JSW cement is rated as 鈥淟ow Risk鈥� by Sustainalytics in its ESG Risk Ratings
released for JSW Cement. The company is categorised in the Top 17 per cent among 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 of the material issues.
Sustainalytics is a leading independent ESG and corporate governance research, ratings and
analytics firm that supports investors around the world with the development and
implementation of responsible investment strategies. This ESG risk rating report by
Sustainalytics is gaining more and more significance as the world鈥檚 leading corporations, lenders
and banks rely on these ratings to identify and understand the financially Material ESG Issues
(MEIs) that contribute to an organization鈥檚 long-term performance.
Commenting on the occasion, Parth Jindal, Managing Director, JSW Cement said,
鈥淪ustainalytics ESG ratings are globally renowned and well recognized, and it is a matter of
immense pride that we have the lowest risk score of 17 within the construction material sector
among more than 140 companies. It is also encouraging to know that JSW Cement is the only
cement company globally, among our national and international peers, to be categorized as
鈥楲ow Risk鈥�. We are already leading the decarbonization pathway in our sector with the lowest
CO2 emissions intensity. We are now making efforts to build resilience against all other
potential ESG risks within our sector. This rating reaffirms our belief that we are on the right
path and is a testament on the steps we as a company have taken over years. To all the
customers out there, if there was ever a doubt on which cement is the greenest in the world
with this rating we can safely say that JSW Cement is the greenest and most eco-friendly
product available anywhere in the world. We hope that all environmentally conscious customers
chose JSW Cement as their product of choice.鈥�
Manoj Rustagi, Chief Sustainability & Innovation Officer of JSW Cement said, 鈥淲e
manufacture low carbon cement products and lead the Indian Cement Industry in transition
towards a low carbon economy. Our company is also involved in basic research to develop new
green products. On the ESG front, while we have similar risk exposure like the other Industry
players, it is the management focus to build resilience against all potential ESG risks, which
has put us in a leadership position globally within our sector. This rating motivates us to further
innovate our operations and keep working on providing green & resilient products.鈥�
JSW Cement, India鈥檚 leading Green Cement company, has been ranked first in the industry
group of 鈥榗onstruction materials鈥� among more than 140 companies rated by Sustainalytics.
With a score of 17, JSW cement is rated as 鈥淟ow Risk鈥� by Sustainalytics in its ESG Risk Ratings
released for JSW Cement. The company is categorised in the Top 17 per cent among 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 of the material issues.
Sustainalytics is a leading independent ESG and corporate governance research, ratings and
analytics firm that supports investors around the world with the development and
implementation of responsible investment strategies. This ESG risk rating report by
Sustainalytics is gaining more and more significance as the world鈥檚 leading corporations, lenders
and banks rely on these ratings to identify and understand the financially Material ESG Issues
(MEIs) that contribute to an organization鈥檚 long-term performance.
Commenting on the occasion, Parth Jindal, Managing Director, JSW Cement said,
鈥淪ustainalytics ESG ratings are globally renowned and well recognized, and it is a matter of
immense pride that we have the lowest risk score of 17 within the construction material sector
among more than 140 companies. It is also encouraging to know that JSW Cement is the only
cement company globally, among our national and international peers, to be categorized as
鈥楲ow Risk鈥�. We are already leading the decarbonization pathway in our sector with the lowest
CO2 emissions intensity. We are now making efforts to build resilience against all other
potential ESG risks within our sector. This rating reaffirms our belief that we are on the right
path and is a testament on the steps we as a company have taken over years. To all the
customers out there, if there was ever a doubt on which cement is the greenest in the world
with this rating we can safely say that JSW Cement is the greenest and most eco-friendly
product available anywhere in the world. We hope that all environmentally conscious customers
chose JSW Cement as their product of choice.鈥�
Manoj Rustagi, Chief Sustainability & Innovation Officer of JSW Cement said, 鈥淲e
manufacture low carbon cement products and lead the Indian Cement Industry in transition
towards a low carbon economy. Our company is also involved in basic research to develop new
green products. On the ESG front, while we have similar risk exposure like the other Industry
players, it is the management focus to build resilience against all potential ESG risks, which
has put us in a leadership position globally within our sector. This rating motivates us to further
innovate our operations and keep working on providing green & resilient products.鈥�
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