Havells India Becomes the First Indian Electrical Company to Be Part of Dow Jones Sustainability Index - Emerging Markets - GADGETS INNOVATIONS

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Friday, October 4, 2019

Havells India Becomes the First Indian Electrical Company to Be Part of Dow Jones Sustainability Index - Emerging Markets

 

Havells India Limited became the first Indian Electrical Company to be included in the Dow Jones Sustainability Emerging Markets Index. Also, Havells is amongst the only 12 Indian Companies to be included in the index which is essential for assessing Environmental, Social and Governance (ESG) performances. The company also moved one position to become 6th most sustainable company in the “Electrical Components and Equipment” sector globally.


Havells has undertaken a lot of efficient initiatives that have resulted in drastically reducing greenhouse gas emissions. The company is reducing its dependency on fossil fuel-based electricity by installing roof top solar power plant across its manufacturing units. Along with that, the company is planting 4 lakh trees annually with an aim to develop over 800 hectares of forest cover by 2023. Promoting the concept of circular economy, the company continuously recycles and reuses more than 94% of the waste generated at its manufacturing units. Havells is the only electrical company in the country to be a “water positive” and “zero fatality” organization and is moving to become wood and paper positive company.


Launched in the year 1999, Dow Jones Sustainability Indices is the longest running global sustainability benchmark evaluating the sustainability performances of over 4700 companies across the globe based on various parameters and is a key reference point for several investors and companies.


 

New Delhi, Delhi, India


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