Welspun Living scores highest ESG rating

Hyderabad: Welspun Living Ltd. (WLL), which is into home textiles, said it made a remarkable achievement in its sustainability performance in the latest S&P Global’s Corporate Sustainability Assessment (CSA) scores for 2023.

With an overall score of 66 on the S&P Global ESG Score, WLL has become the top ranked textile manufacturing company from India in the Textile, Apparels & Luxury goods category in this global ESG ratings. The FY23 scores showed significant improvement, with an approximately 11 per cent increase from the previous year’s score of 59, underscoring the company’s commitment to the adoption of Sustainable practices across the textile value chain. Welspun Living’s growth trajectory in sustainability is evident across all dimensions, as highlighted by the following updated scores, the company said.

“ESG is at the core of everything that we do at WLL and the substantial improvement in S&P Global ESG scores is a testament of our efforts. We take great pride in our enhanced sustainability performance across the entire textile value chain, exemplified by our latest scores “said DipaliGoenka, CEO & MD of Welspun Living Limited.